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Since February, semiconductor stocks have been getting cheaper relative to the rest of the market and that could be an opportunity for long term investors. Price action in the sector has lately been choppy as investors weigh the upward momentum of a...

The RG/BSX Index closed at 2,568.68, up 2.38 (0.09 per cent) as 45,000 shares Argus Group Holdings shares traded for $288,000. The BSX Insurance Index remained out of service for technical reasons. The Bank of Butterfield was up eight cents (0.24 per...

Bermuda-based Textainer Group Holdings Limited has raised more than $144 million with completion of a public offering of six million depositary shares. Textainer said each share represents a 1/1,000th interest in a share of its 6.250 per cent Series ...

Multi-line, specialty Bermuda reinsurer Ariel Re is establishing a Lloyd’s managing agent, Ariel Re Managing Agency (ARMA) to manage the business of Syndicate 1910 and SPA 6117 starting in early 2022, subject to regulatory permissions. Ariel Re chief...

Bermuda-based container firm Triton International Limited has appointed Niharika Taskar Ramdev to its board of directors, effective immediately. With the appointment, Triton said its board consists of 10 directors. The company is the world’s largest ...

Fitch Ratings has forecast global reinsurer underwriting performance will improve in 2022 as premium rate increases take hold, with further rate increases supported by persistent heightened catastrophe losses, continued low interest rates and mountin...

Bermuda (re)insurers paid out $209.6 billion to United States policyholders and cedants for large catastrophes, property and casualty losses and life insurance claims during the five-year period from 2016 to 2020. This is according to commercial mark...

Risk Management Solutions Inc, the catastrophe risk solutions company with a Bermuda office, has estimated that insured losses from the flooding in western and central Europe during July will likely range between $6 billion and $7.7 billion. RMS said...

Domestic insurer BF&M Limited has reported net income for the six months ended June 30 of $14.8 million as compared to net income for the comparative period in 2020 of $10.4 million. Earnings for the period for 2021 equated to an annualised Return on...

The Royal Gazette/BSX Index closed at 2,566.30, up 0.04 points (0.35 per cent) on a trading volume of 6,550, when 6,500 BF&M stock traded and 50 Somers Limited shares changed hands. The total turnover amounted to $156,820. The BSX Insurance Index rem...