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Bermuda-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have called special general meetings of shareholders to approve the previously announced proposed merger of the two organisations. Apollo shareholders are to mee...

Bermuda-based Assured Guaranty Ltd has reported net income of $17 million for the third quarter. That figure includes a $175 million pre-tax ($138 million after-tax) loss on debt extinguishment resulting from the voluntary early redemption of certain...

Borr Drilling Limited, the Bermuda-based oilfield services company, has announced a net loss of $32.6 million for the third quarter. The company said its preliminary unaudited results for the quarter are an improvement of $27.3 million compared to th...

Bermuda-based Fidelis Insurance Holdings Limited has appointed Paul Russell as the group’s new head of Marine. The company said Mr Russell’s appointment is part of Fidelis’ overall marine expansion both internally and with its Marine MGA, Navium that...

Essent Group Ltd, the Bermuda-based mortgage re/insurer, has reported net income of $205.4 million for the third quarter. That compares with net income of $124.5 million for the third quarter a year ago. Mark A. Casale, chairman and chief executive o...

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermuda-based Stellar Insurance Ltd, an indirect wholly-owned subsidiary of Saudi Arabian Oil Company. The outlook of the...

Some businesses are moving out of downtown Hamilton, but Cassine is moving in. Cassine will be opening their first storefront at 25 Reid Street in Hamilton tomorrow, selling environmentally friendly and non-toxic make-up, sunscreen, clothing, jewell...

After surviving recessions, a global economic downturn, a pandemic and a crippling stroke, how will the big boss celebrate today’s 40th anniversary of business at Selley’s Boat Trailer Service? The well-known owner had an answer that was vintage Mark...

Bermuda-based insurer Enstar Group Limited has reported a consolidated net loss of $196 million for the third quarter of 2021 and consolidated net earnings of $364.6 million for the first nine months of the year. Those figures compare to consolidated...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has reported a net loss of $48 million for the third quarter of 2021. The company reported a combined ratio of 152 per cent and a net underwriting loss of $266 million. SiriusPoi...