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Hamilton Insurance Group has opened up new offices in London to boost its presence in the Lloyd’s of London market. And yesterday Bob Richards, the Minister of Finance, joined Brian Duperreault, Hamilton’s chairman and chief executive officer, and De...

Professionals from around the world will meet in Bermuda in July to discuss trends in the insurance industry. The Insurance Bermuda Triangle, held in conjunction with the International Association of Defence Counsel annual meeting, will be held at th...

Wildfires raging through Alberta are now expected to be classed as a “reinsurance event” with the natural disaster looking to be the costliest natural disaster in Canada’s history. The three largest local primary insurers have direct exposure that is...

Alex Baker has been appointed chief actuary and chief risk officer with Hamilton Underwriting, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group. Mr Baker was previously chief actuary of Chubb Managi...

Willis Towers Watson, the global advisory, broking and solutions company, which has offices in Bermuda, has reported first-quarter revenues of $2.2 billion. That total is an increase of 11 per cent compared to Willis and Towers Watson pro forma reven...

TORONTO (Bloomberg) — The wildfires spreading around Canada’s oil-sands hub of Fort McMurray may become the costliest catastrophe in the country’s history with losses potentially reaching C$9.4 billion ($7.3 billion). Insurance losses could reach tha...

NEW YORK (Bloomberg) — Third Point Reinsurance Ltd, the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its fourth loss in seven quarters as the portfolio slumped and underwriting was unprofitable. The first-quarter ...

Maiden Holdings’s profit dipped $5.2 million to $27.2 million during the first quarter. However, the company saw its gross premiums written increase by 3.8 per cent, year-on-year, while its net operating earnings improved to $28.3 million, up from $2...

Blue Capital Reinsurance Holdings Ltd posted a $5 million profit to beat Wall Street estimates. The company, which offers collateralised reinsurance and insurance-linked securities investments, said the net and operating income was 57 cents a share, ...

Argo Group International Holdings Ltd shareholders are in line for a 10 per cent stock dividend. The Bermudian insurer and reinsurer announced the move yesterday, as its board also authorised a $150 million stock buyback programme and announced a qua...

White Mountains Insurance Group increased its adjusted book value to $704 per share during the first quarter, a rise of 0.9 per cent. When adding in the estimated gain from the sale of Sirius Group, a $2.6 billion deal which closed last month, the sh...

Argo Group International Holdings Ltd’s profit fell by more than half as investment results lagged. Net income in the first quarter for the Bermudian insurer and reinsurer was $27.7 million, compared to $58.8 million in the same period of last year. ...