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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...

Maiden Holdings’s profit dipped $5.2 million to $27.2 million during the first quarter. However, the company saw its gross premiums written increase by 3.8 per cent, year-on-year, while its net operating earnings improved to $28.3 million, up from $2...

Butterfield Bank saw 12,000 of its shares traded on The Royal Gazette/BSX Index. There was no change in the closing price of $1.63. The Royal Gazette/BSX Index was also unchanged at 1,159.95. The BSX Insurance Index was up 31.34 points, or 1.96 per c...

Lancashire Holdings saw its profit almost halved to $28.3 million in the first quarter. However, the company kept its combined ratio steady at 72.7 per cent, only a fraction higher than the same period last year. Price reductions on renewals in Janua...

Blue Capital Reinsurance Holdings Ltd posted a $5 million profit to beat Wall Street estimates. The company, which offers collateralised reinsurance and insurance-linked securities investments, said the net and operating income was 57 cents a share, ...

Argo Group International Holdings Ltd shareholders are in line for a 10 per cent stock dividend. The Bermudian insurer and reinsurer announced the move yesterday, as its board also authorised a $150 million stock buyback programme and announced a qua...

It’s been a tough six months for investors of every stripe, and that includes the school teams in this year’s KPMG Investment Challenge. Only three of the 18 teams managed to finish with a profit after investing a virtual $100,000 on the stock market...

A United Nations report has found that multinational companies registered more profits in Bermuda than in China, Canada or Germany. The report, published yesterday by UN think tank Unctad, showed that companies from a sample of 26 developed countries...

There was no trading on The Royal Gazette/BSX Index, which remained unchanged at 1,159.95. The BSX Insurance Index fell 2.77 points, or 0.17 per cent, to close at 1,598.94.

Bermuda attracted more air and cruise ship visitors in the last three months of 2015 compared with the year before, but they spent less money. There were 90,731 air and cruise ship visitors in the fourth quarter compared with 81,009 for the same peri...