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Butterfield Bank has filed for a proposed initial public offering of up to $100 million to place its ordinary voting shares on the New York Stock Exchange. It is to ask shareholders to vote on the proposal, which calls for a ten-for-one reverse share...

Endurance Specialty Holdings has reported net income available to common shareholders of $76.6 million in the second quarter, marginally up on the $76 million for the same period in 2015. Profit was $1.14 per diluted common share, down from $1.68 yea...

Hacking, cyberattacks, call it what you will. The phenomenon has been evolving for decades. And today, more than ever, it is imperative that businesses protect themselves robustly. With that in mind, Buddy Doyle, chief executive officer of Oyster Con...

Leadership styles and career advice were among the topics discussed by two reinsurance CEOs at a 100 Women in Hedge Funds event in Bermuda. The key speakers were Mary Forrest, president of Munich Re’s North America (life), and Kathleen Faries, chief ...

Chubb Ltd’s second-quarter net income was $726 million, down from $942 million in the same period last year. Earnings per diluted common share were $1.54. Earnings adjusted for investment costs were $2.25 per share. The consensus forecast of analyst...

Bermudian-based Validus Holdings’s second-quarter net income was $95 million, up from $65.8 million in the same period last year. Net operating income per diluted common share was 66 cents, missing the 74 cents consensus forecast of analysts tracked...

A multibillion dollar merger of two freight container companies, resulting in a Bermudian-based holding company, is a clear example of market confidence in Bermuda public companies. That’s the view of Steven Rees Davies, a Bermudian-based partner at ...

Bermudian-based reinsurer Everest Re Group Ltd’s second-quarter net income was $155.7 million, down from $209.1 million in the same period last year. However, earnings per diluted common share were $3.67, easily beating the $2.85 consensus forecast ...

Bermuda is officially home for the XL Group Ltd after it completed its redomestication to the island today, a move that was announced at the beginning of the year. The international insurer and reinsurer started operations in Bermuda in the mid-1980s...

Law firm Appleby was an adviser in a $8.7 billion merger of two freight container leasing corporations. The merging of Triton Container International Limited and TAL International Group Inc, created a Bermudian-based holding company with $8.7 billion...