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Bermuda Aviation Services posted an improved profit of $2.8 million for the year ended in March. The figure was $2.3 million up on the $471,000 made the year before. Ian Cook, group president and CEO of BAS, said: “These positive results are underpin...

Bermudian-based Maiden Holdings yesterday reported profits of $24.7 million for the fourth quarter of last year. The reinsurer’s earnings were down $2.8 million on the same period in 2014. The quarterly figures are equal to 32 cents per share, compar...

White Mountains Insurance Group yesterday posted profits of $274 million for the last quarter of 2015. The figure was up by $219.1 million on the $54.9 million recorded for the same quarter the previous year. The book value per share was $699, up 6.8...

Marsh & McLennan Companies (MMC) reported strong revenue growth in the fourth quarter of last year despite the dampening effect of the strong dollar. The New York-based company, whose holdings include insurance broker Marsh and reinsurance broker Guy...

Aspen Insurance Holdings yesterday reported profits of $117.9 million for the final quarter of last year. The figure is equivalent to $1.75 per share and up more than $50 million on the $67.2 million recorded for the same period the year before. Oper...

Reinsurance company Everest Re made profits of $357.3 million in the fourth quarter of last year and beat Wall Street analysts’ estimates by a wide margin. The figure — equal to $8.26 a share — is up on the $340.1 million, or $7.47 per share, for the...

Insurance and reinsurance firm Allied World yesterday posted 2015 fourth-quarter profits of $1.7 million. The figure — equal to two cents a share — is down $128.8 million on the figure recorded for the same period the previous year. The final quarter...

Bermuda-based oil drilling rig operators Nabors yesterday posted a loss of $250.9 million for the third quarter of the year. The firm said the net income figure included the impairment of Nabors’ holdings in C&J Energy Services, which totalled $180.6...

Maiden Holdings Ltd has reported a first-quarter profit of $38.5 million, up from the $2 million it made in the same period a year ago. The 2014 net income was impacted by a non-recurring, non-cash charge of $28.2 million associated with the company’...