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Bermudian-headquartered Hamilton Insurance Group Ltd has announced two senior underwriting appointments at Hamilton Select Insurance Inc, its newly-launched E&S insurer. Devon Minarik has joined as head of US small business casualty insurance and Log...

Bermudian-based Textainer Group Holdings Limited, one of the world’s largest lessors of intermodal containers, has reported net income of $72.7 million for the first quarter, compared to $72.9 million for the fourth quarter of 2021. Adjusted net inco...

The RG/BSX Index remained unchanged at 2,376.84 with no activity on the Bermuda Stock Exchange for the day. Meanwhile, in New York, The Bank of N.T. Butterfield & Son Limited finished down 88 cents (2.62 per cent) to $32.77 on the New York Stock Exch...

In the old song 99 Bottles of Beer on the Wall, you take one down and pass it around, and you have 98. But that old song may soon be obsolete thanks to a new company called ecoSpirits Bermuda. Using their reusable, refillable bottling technology you ...

RenaissanceRe Holdings Ltd, the Bermudian-based reinsurer, has reported a first-quarter net loss attributable to common shareholders of $394.4 million. That compares with a net loss of $290.9 million in the first quarter of 2021. Operating income att...

Apollo Group Holding Ltd, the independent specialist insurer and reinsurer, has appointed Bermuda market veteran Susan Pateras as independent non-executive chairwoman of Apollo Bermuda Limited, the group’s recently established Bermudian subsidiary. T...

Sue Couper has been appointed the new general manager of LOM Asset Management Limited. This is her second tenure with LOM, having spent five years previously with the company as managing director for LOM Financial (Bermuda) Limited. Ms Couper has nea...

Bermudian-based Axis Capital Holdings Limited has launched a portfolio underwriting unit which targets multi-class portfolio business that is placed in the London specialty insurance market. Axis said the portfolio team is now actively underwriting p...

Restructuring involves changing the financial, operational, legal or other structures of a business to make it more efficient and more profitable. It is not a “one size fits all” process. Today, in the time of Covid-19, there are a lot of distressed ...

Bermudian-headquartered Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a net loss of $7.9 million for the first quarter of 2022. That compares to a net loss of $8.5 million in the first quarter last y...