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Axis Capital’s three businesses all achieved improved results in the third quarter as the Bermuda insurer and reinsurer recorded a double-digit operating return on equity. Operating earnings soared to $161 million compared to $51 million in the same ...

The new Chubb Ltd got off to a strong start by exceeding the expectations of both Wall Street and Evan Greenberg, the company’s chairman and chief executive officer, in the first three months of this year. Formerly known as Ace Ltd until its $29.5 bi...

Argo Group International Holdings Ltd’s profit fell by more than half as investment results lagged. Net income in the first quarter for the Bermudian insurer and reinsurer was $27.7 million, compared to $58.8 million in the same period of last year. ...

Coral Wells has been named the most inspiring woman in Bermuda’s information communication technology sector. The managing director of W&W Solutions Ltd won the title in a competition organised by the Department of E-Commerce as part of a drive to re...

Bermudian reinsurer Everest Re Group Ltd’s first-quarter net income fell by nearly half to $171.7 million as investment losses took their toll. Operating earnings of $5.19 per share fell short of the $5.57 consensus forecast of analysts tracked by Ya...

Insurance group Randall & Quilter Investment Holdings Ltd swung to a profit of £2.8 million ($4 million) last year. The profit compared to a $1.6 million net loss in 2014 for the Bermudian-based firm. Operating earnings were £4.1 million, compared to...

LOM Financial Ltd’s 2015 earnings fell as brokerage revenues declined, but assets under administration rose helped by strong performance of its mutual funds. The Bermuda Stock Exchange-listed broker-dealer said net income last year was $141,528 or 2....

Aspen Insurance Holdings’ first-quarter profit fell by more than 10 per cent as catastrophe losses increased. The Bermudian-based insurer and reinsurer reported net income of $114.4 million, down from $128 million in the same period of 2015. Operatin...

Net new issuance of insurance-linked securities totalled $2 billion in the first three months of this year — the most for any first quarter in history. The figures from the ILS market update from Willis Capital Markets & Advisory, the investment bank...

HSBC Bank Bermuda Ltd said today its net profit rose to $87 million last year, boosted by sharp falls in loan impairment charges and operating expenses. The bank, which sold off much of its Cayman operations in 2014 and its private banking unit last ...