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In its first full quarter, SiriusPoint Ltd. has declared second quarter net income to June 30 of $64.5 million. Chairman and chief executive officer Sid Sankaran said: “Underwriting this quarter has been keenly focused on remediation. We have made pr...

The RG/BSX Index closed 2,546.67, up 2.38 (0.09 per cent) after trading of 128 shares (100 shares of Argus Group and 28 shares of the Bank of Butterfield). Butterfield closed six cents higher (0.18 per cent) at $32.90 on the New York Stock Exchange.

Athene Holding Ltd has reported net income available to AHL common shareholders for the second quarter of $1.382 billion, or $6.97 per diluted Class A common share, compared to $824 million, or $4.19 per diluted share for the second quarter 2020. The...

James River Group Holdings Ltd has reported second quarter net income of $20.8 million, or 60 cents per diluted share, compared to net income of $35.6 million, or $1.16 per diluted share, for the second quarter of 2020. The Bermuda-based insurance h...

Oneglobal Broking has appointed Bermuda market veteran George Bowring as Head of Energy Casualty – Bermuda. Oneglobal said Mr Bowring will report to Group CEO, Mike Reynolds and will join once he has fulfilled his contractual obligations to his curre...

A veteran of the Bermuda insurance market has been named chief financial officer at Florida-based FG Financial Group Inc. Hassan Baqar is to succeed John Hill, one of the founders of the company, in the CFO position. The company said Mr Baqar joins F...

An insurance start-up in Bermuda has marked six months of sustained growth and corporate milestones, including the opening of three offices, establishment of four strategic regional distribution hubs, hiring of talent, and underwriting across six pro...

Bermuda-based SFL Corporation Ltd has agreed to acquire two 14,000 TEU (Twenty-foot equivalent) container vessels in combination with charters to a leading container line. SFL said: “The vessels are modern eco-design built in 2013 and 2014 with appro...

Bermuda-based Fidelis Insurance Holdings Ltd has appointed Charles Mathias to the newly created position of group director of underwriting. The company said Mr Mathias will be responsible for ensuring that Fidelis’ underwriting data, systems, process...

A unit of Bermuda-based Enstar Group Limited has completed a transaction with ProSight Global Inc to provide reinsurance relating to 2019 and prior year business. Enstar said the reinsurance comprises a ground up loss portfolio transfer of ProSight’s...