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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. ...

The Bermuda Insurance Institute has announced the winners of the 2015 Insurance Industry Awards. The awards applaud exceptional companies and individuals whose contributions to the insurance and reinsurance industry or the local community is remar...

Credit Suisse Group AG, the global investment bank, is using a Bermudian-based special purpose insurer as a vehicle for an innovative bond that would offload risk from events including rogue trading and cybercrime. The bond is reportedly similar to a...

A team of industry and regulatory experts from Bermuda will travel to Toronto to tell Canadian corporations about the benefits of captive insurance companies on the island. The informative executive forum, a Bermuda Business Development Agency initia...

Bermudian reinsurer Everest Re Group Ltd’s first-quarter net income fell by nearly half to $171.7 million as investment losses took their toll. Operating earnings of $5.19 per share fell short of the $5.57 consensus forecast of analysts tracked by Ya...

Insurance group Randall & Quilter Investment Holdings Ltd swung to a profit of £2.8 million ($4 million) last year. The profit compared to a $1.6 million net loss in 2014 for the Bermudian-based firm. Operating earnings were £4.1 million, compared to...

Hamilton Insurance Group along with American International Group and Two Sigma, plan to work together to create an insurance platform for small and medium-sized enterprises. The three companies are looking to become the leader in the sector in North ...

Aspen Re has appointed Hugo Cardona as managing director for Latin America and Caribbean. He will join Aspen next Monday. He was formerly with Odyssey Reinsurance Company, where he chief underwriting officer and senior vice-president, Latin America,...

Aspen Insurance Holdings’ first-quarter profit fell by more than 10 per cent as catastrophe losses increased. The Bermudian-based insurer and reinsurer reported net income of $114.4 million, down from $128 million in the same period of 2015. Operatin...

An hour-long webinar is to highlight the benefits of Bermuda-based captive insurance for Latin American corporations. The internet event will take place on Wednesday and is being hosted by the Bermuda Business Development Agency. It will be conducted...

Net new issuance of insurance-linked securities totalled $2 billion in the first three months of this year — the most for any first quarter in history. The figures from the ILS market update from Willis Capital Markets & Advisory, the investment bank...