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Net income was down $9.3 million compared to the same period last year

A $200 million buyback boost and dividend increase will return value while the company invests in underwriting

Globally, average pricing fell between 1 and 10 per cent, with the US seeing double-digit reductions

The sale to Nationwide is part of a broader strategy to simplify operations and grow the business

Net proceeds will be spent on general corporate purposes

A powerhouse insurance broker from Canada came to Bermuda as the industry went into overdrive

The role is designed to streamline leadership and strengthen the company’s global casualty operations

The executive will be the firm’s first managing director of Bermuda product line development

Amounts ceded to international jurisdictions increased 147 per cent to more than $1.1 trillion

The group-wide programme spanned six locations, including Bermuda, and multiple departments

BerMedica is a new product designed specifically for Bermuda’s emergency healthcare professionals

The new offerings will help clients manage out-of-pocket expenses not typically covered by major medical plans