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Frontline Ltd this morning reported fourth-quarter profit of $18.3 million, beating analysts’ estimates. However, Robert Hvide Macleod, the Hamilton-based oil tanker operator’s chief executive officer, predicted pressure on the rates at which the com...

Chief risk officers have become firmly established within Bermuda’s re/insurance companies, a survey reveals. EY’s first survey of the island’s insurance CROs found that 100 per cent of respondents had unfettered access to the Board, Risk and Audit C...

Aspen Insurance Holdings Ltd reported earnings in line with analysts’ estimates as it overcame $24.9 million in catastrophe losses. The Bermuda insurer and reinsurer posted operating income after tax of $69.3 million in the third quarter, or 97 cents...

Arch Capital Group Ltd bettered the forecast of Wall Street analysts, as it posted $247.4 million of net income for the third quarter. The Bermuda insurer and reinsurer’s profit represented an annualised return on average common equity of 15.3 per ce...

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...