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Container company Triton International Ltd has reported an adjusted net income of $15.3 million for the fourth quarter, and a full-year profit of $48.9 million. The company said it is on target to achieve its target of annual savings of $40 million a...

Grant Gibbons, the Minister of Economic Development, rose in the House of Assembly to congratulate Qatar Re on its new offices at Belvedere Place, telling MPs the firm was “the exact kind of reinsurance entity we need in Bermuda”. He said the firm st...

The first February tornado in Massachusetts since records began was among notable severe weather that impacted the US last month, causing a total expected insurance industry loss of a $1 billion. The tornado was one of at least four reported in that ...

Aon will today start its 2017 Global Broking Leadership Meeting in Hamilton. The insurance and reinsurance broker and risk management adviser has brought together chief broking officers from more than 15 countries and lines of business, plus other se...

Catastrophe bonds worth almost $290 million have been admitted for listing on the Bermuda Stock Exchange in the past few days. Citrus Re Ltd listed a $125 million catastrophe bond yesterday. The Series 2017-1 Class A principal at-risk variable rate n...

The successful $450 million debt sale that closed this week was a step on the road to putting Qatar Re in the top tier of the reinsurance industry, That is the view of Gunther Saacke, the Bermudian company’s chief executive officer, who described the...

This week’s article, part six of the Bermuda Investment Primer Series, is written in support of the “Own Your Share of Bermuda” sponsored by the Bermuda Stock Exchange (BSX) and the second article in The Royal Gazette series on publicly-traded Bermud...

BlackRock, the world’s largest money manager, recently asked a group of Americans in defined-contribution plans, how they’re fixed for retirement. Most said they’re on track to kick back in comfort. Are they crazy? If they are, so are some of the equ...

A “noticeable upswing” in employment opportunities touted by the Bermuda Government warrants more careful scrutiny, the Shadow Minister for Home Affairs Diallo Rabain told the House of Assembly. During Wednesday’s Budget debate, Minister Patricia Go...

American International Group yesterday said its chief executive officer is to step down — and one Wall Street analyst suggested that Bermudian insurance veteran Brian Duperreault could be on the shortlist of candidates to take over. Peter Hancock wil...

High demand for the first international debt issuance by Bermudian-based Qatar Re saw its perpetual Tier 2 notes oversubscribed 14 times. The reinsurer successfully placed $450 million of the notes. The issue had attracted more than 290 orders for mo...

Global insurance rates moderated throughout last year, with four consecutive quarters where the rate of decline decreased. The Marsh Global Insurance Market Index is a benchmark of commercial insurance premium rate change at renewal representing the ...