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Bermudian-based Maiden Holdings Ltd has reported a net loss attributable to common shareholders of $8.2 million for the third quarter of the year. That compares to net income of $2.9 million in the third quarter of 2021. Non-GAAP operating loss was $...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermuda captive Evergreen Insurance Company Limited, with a stable outlook. The ratings reflect EICL’s balance sheet stre...

Hoegh LNG Partners LP, the Bermudian-based floating liquefied natural gas service provider, has announced the resignation of John V Veech as chairman of the partnership’s board of directors. Mr Veech has also stepped down from the board entirely, the...

The RG/BSX Index finished unchanged at 2,332.38, with no trading for the day on the Bermuda Stock Exchange. The Bank of N.T. Butterfield & Son Limited closed on the New York Stock Exchange down 54 cents (1.70 per cent) at $31.15.

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a record net profit of $61 million for the three months ended September 30. That compares to a net loss of $12.8 million for the third qu...

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of XL Bermuda Ltd (Axa XL) and its subsidiaries. The outlook of these credit ratings is stable. The ratings reflect Axa XL’...

Everest Reinsurance, the reinsurance division of the Bermudian-based global re/insurer Everest Re Group Ltd, has announced that David Mann will join the company as vice-president, head of casualty for Everest Reinsurance (Bermuda) Ltd, UK branch, eff...

If you’re looking for positive healing vibes this holiday weekend, look no further than the Rosedon Hotel on Pitts Bay Road, Pembroke. Entrepreneur Demeka Tacklyn has organised the two-day Holistic Health Expo hosting more than 30 vendors offering e...

The Hamilton Princess & Beach Club’s new director of security and emergency management, Troy Glasgow, is a former police inspector trained in crisis negotiation. The hotel revealed on Tuesday that Mr Glasgow has been promoted from his previous role a...

Apollo, the independent specialist insurer and reinsurer, has entered into a partnership with Envelop Risk, who will underwrite a new class of cyber reinsurance business within Apollo Syndicate 1971, with effect from the 2023 year of account. This ne...