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One Communications Ltd has reported net income of $7.7 million for the first six months of 2019, an increase of $500,000 year-on-year. The telecommunications holding company, with operations in Bermuda and the Cayman Islands, had shareholders’ equity...

Bermudian-based Arch Capital Group Ltd has reported net income for the second quarter of $458.6 million, nearly double the $233.2 million achieved for the same period last year. After-tax operating income was $317.4 million, compared to $242.6 millio...

Shares of One Communications Ltd fell by 25 cents, or 6.3 per cent, to $3.75, after 200 traded on The Royal Gazette/BSX Index. Butterfield Bank shares closed 55 cents, or 1.7 per cent down, at $32.50 after 300 changed hands, while in New York the ban...

Members of Abir chalked up more than $100 billion in gross premium for the first time in 2018, according to a survey by the re/insurance industry organisation. The Association of Bermuda Insurers and Reinsurers today released the 2018 global underwri...

Bermudian-based Everest Re Group Ltd has reported second quarter net income of $342.9 million, compared to $69.9 million for the same period last year. After-tax operating income was $320.9 million, compared to $40.4 million, year-on-year. The compa...

Darren Donnithorne and Dantae Williams have been appointed directors of Marshall Diel & Myers Limited. They join existing directors Georgia Marshall, Mark Diel, Ronnie Myers, Katie Tornari and Adam Richards at the Bermudian-based law firm. Mr Donni...

Bermudian-based Arch Capital Group has tapped the capital markets for more than $700 million to bolster the reinsurance of its mortgage insurance business. The group’s third insurance-linked note transaction of the year was the biggest issuance ever ...

Law firm Appleby has announced the promotion of corporate lawyer Josephine Noddings and dispute resolution lawyer Lalita Vaswani to senior associate. Ms Noddings and Ms Vaswani each joined the firm in 2017 as associates. Ms Noddings practices in all ...

Bermudian-based global reinsurer PartnerRe Ltd has reported net income available to common shareholders of $285 million for the second quarter of 2019. The figure includes net realised and unrealised investments gains of $164 million on fixed maturit...

Bermudian-based financial services company LOM Financial Ltd has reported that profits for the first half of 2019 are up year-on-year, despite a slowdown in the growth of the company. LOM’s group profit rose 16 per cent year-on-year to $944,235 or 16...