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Algonquin Power & Utilities Corp, the Canadian company whose properties include Belco, has reported revenues of $634.5 million in the first quarter, an increase of 36 per cent year-over-year. The company, which reported in US dollars, said it had adj...

Athene Holding Ltd, the Bermudian-based life and annuity reinsurer, reported net income of $578 million, or $2.94 per diluted common share, in the first quarter of 2021. That compares with a loss of $1.1 billion, or $5.81 per diluted share for the fi...

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $11 million, or 14 cents per share, for the first quarter of 2021. The bond insurer said the result includes a $13 million after-tax write-off of an intangible asset attr...

Essent Group Ltd, the Bermudian-based mortgage re/insurer, has reported net income of $135.6 million, or $1.21 per diluted share, for the first quarter of 2021. That compares to $149.5 million or $1.52 per diluted share for the quarter ended March 31...

Companies in the insurance industry are keeping an eye on potential tax developments after US President Joe Biden's speech to a joint session of Congress, where he spoke about reforming corporate tax. Mr Biden's administration is in favour of a US gl...

Warwick Academy has won the KPMG Senior School Investment Challenge after Flirtingwithmodels, one of the school’s three teams in the competition, finished with an imaginary portfolio of stocks worth $123,290.67. All 20 senior school teams who took pa...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $8.5 million, or 26 cents per diluted share, for the first quarter. This compares to net income and adjusted earnings of $6...

Shares of Butterfield Bank were up 22 cents, or 0.56 per cent, at $39.82, on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,600.63. The BSX Insurance Index was up 8.28 points, or 0.46 per ce...

James River Group Holdings Ltd, the Bermudian-based insurance holding company, has reported a net loss of $103.5 million, or $3.37 per diluted share, in the first quarter. That compares with a net loss of $36.8 million, or $3.54 per share, for the sa...

Laurie Shane has been appointed group head of Outwards Reinsurance at Bermudian-based re/insurer Aspen Insurance Holdings Ltd. The company said Ms Shane begins her role on June 1. She will report to Brian Tobben, chief executive officer of Aspen Cap...