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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...

Qatar Re grew its reinsurance premiums to $654 million in the second quarter to account for 43 per cent of all premium income of its parent Qatar Insurance Company. The Bermudian-based reinsurer achieved a 41 per cent increase in premiums. Meanwhile,...

For the first time in 12 months retail sales have fallen year-on-year in both value and volume. During May the value of sales decreased 1.4 per cent below the $97.9 million recorded in the same month in 2015. After adjusting for the annual retail sal...

Centaur Fund Services has opened an office in Bermuda, after being impressed by the island’s welcoming attitude and professional approach to attracting new business. Centaur is headquartered in Dublin, with offices in London and New York. The fund a...