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The company wrote more than $972 million in gross premiums in 2022 and had capital and surplus of more than $1.26 billion

It plays a vital role in the success of the industry by fostering a transparent and accountable insurance environment on the island

She will be responsible for leading the practice with respect to London and Bermuda wholesale for US Casualty placement

Nearly $85m is attributed to a gain on vessel sales

The bank’s share price dropped by 59 cents to close at $34.50 on the New York Stock Exchange

The company is not selling any common shares in the offering and will not receive any of the proceeds

Turnaround given a $93m boost by Bermuda’s introduction of a corporate income tax regime

Concern comes from leading economist during an address to the Hamilton Rotary Club

Industry veteran becomes head of Third-Party Claims

The bank’s share price dipped by 16 cents to close at $35.09 on the New York Stock Exchange