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The killer Category 5 hurricane that led to the creation of Bermuda’s catastrophe reinsurance business – one of the most costly storms ever to hit the US – is being re-examined through an article in Best's Review. In 1992, Hurricane Andrew virtually...

A wholly-owned subsidiary of Bermudian-based Enstar Group Limited has signed an agreement for a loss portfolio transfer with island-based specialty insurance underwriter Argo Group International Holdings Ltd to reinsure a number of its direct US casu...

Bermudian-based Maiden Holdings Ltd has reported second quarter net income available to Maiden common shareholders of $25.8 million. That compares with net income of $26.8 million in the second quarter of 2021. Non-GAAP operating earnings were $16.6 ...

The RG/BSX Index closed unchanged at 2,364.05 after one issue traded on the Bermuda Stock Exchange. Argus Group Holdings Ltd closed unchanged at $6.30 after 1,000 shares changed hands. The Bank of N.T. Butterfield & Son Limited closed up 76 cents (2....

Seven directors of Bermudian-based Golar LNG Limited were re-elected at the company’s annual general meeting today. Resolutions were passed to re-elect Tor Olav Trøim, Daniel Rabun, Thorleif Egeli, Carl Steen, Niels G Stolt-Nielsen, Lori Wheeler-Naes...

Funds managed by Wafra Inc, the global alternative asset manager with a presence in Bermuda, have acquired a strategic minority ownership interest in Thompson Street Capital Partners. Thompson Street is a leading middle-market private equity firm bas...

Milliman Inc, the Seattle-based global consulting and actuarial firm, has opened an office in Bermuda. The company said its expertise had long been relied upon by companies operating in Bermuda, as well as global clients with interests on the island....

The founder of activist shareholders Voce Capital Management LLC has been appointed as an independent member of Argo Group International Holdings Ltd’s board of directors. J Daniel Plants is chief investment officer at Voce, a San Francisco-based hed...

Kendra Earls is well known as an artist in the community, but is less well known as a numerologist. Through her business, Numerology With Kendra, she uses numbers, such as those in a birth date, to help people learn more about themselves and their fu...

Enstar Group Limited, the Bermudian-based insurer, has reported net losses of $493 million and $775 million for the three and six months ended June 30, driven by unrealised losses on fixed-income securities in the rising interest rate environment. Th...