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Bermudian-based Conduit Holdings Ltd, the parent company of new class 4 reinsurer Conduit Re, has reported gross premiums written of $82.6 million in the first quarter. The company, part of the Class of 2020 start-ups on the island, reported estimate...

A subsidiary of Bermudian-based holding company Monument Re Ltd has acquired a life insurance company with a market presence in Luxembourg, Belgium and Italy. Monument Assurance Luxembourg will acquire AME Life Luxembourg from French mutual insurance...

A gift shop that caters to the tourist trade is seeking vendors with locally-made or Bermuda-themed merchandise. Oceans Gift Shop at the Bermuda Underwater Exploration Institute said it wishes to showcase the items in its outlet this summer. Barb Jon...

The Bermuda Stock Exchange has joined the United Nations Sustainable Stock Exchanges initiative as a partner exchange. The BSX said the SSE initiative is a peer-to-peer learning platform for exploring how exchanges, in collaboration with investors, r...

Bermudian-based Maiden Holdings Ltd has reported first quarter net income of $71.7 million, or 83 cents per common share. That compares to a profit of $20.9 million in the first quarter of 2020. LawrenceMetz, president and co-chief executive officer ...

Bermudian-based global re/insurer PartnerRe Ltd has reported a net loss of $66 million for the first quarter. The company said the result was driven by $344 million of net unrealised losses on fixed maturities due to risk-free rate movements which ar...

Textainer Group Holdings Ltd has reported a profit of $62.1 million, or $1.22 per common share, for the first quarter. That compares to net income of $44.3 million, or 87 cents per share, in the fourth quarter of 2020. The Bermudian-headquartered com...

SiriusPoint Ltd, the Bermudian-headquartered global speciality re/insurer, has reported net income of $130.9 million, or $1.05 per diluted common share, for the first quarter. The company reported tangible diluted book value per share of $13.97 as of...

Bermudian-based White Mountains Insurance Group Ltd has reported a comprehensive loss attributable to common shareholders of $74 million in the first quarter. That compares to a loss of $132 million a year ago. White Mountains Insurance Group include...

Banking industry veteran Neville Grant has joined Bermuda Commercial Bank as chief commercial officer. The bank said Mr Grant joins BCB with 28 years of experience, including senior banking roles at HSBC, both in Bermuda and internationally, as well ...