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Gross written premium and programme fee income have risen sharply year-over-year, Bermudian-headquartered R&Q Insurance Holdings Ltd reported as it announced a performance update for its programme management business for the nine months ending Septem...

A Dutch fintech firm that is proposing to set up a top holding company in Bermuda has reported a third quarter normalised net profit of €34.5 million. The year-to-date normalised net profit is €116.6 million, the company said. Netherlands-based Flow ...

Arch Capital Group Ltd booked a $550 million net loss from catastrophes, but still managed to report net income available to common shareholders of $6.9 million in the third quarter. That result compares with net income of $388.8 million for the 2021...

Axis Capital Holdings Limited has reported a net loss attributable to common shareholders of $17 million and operating income of $3 million in the third quarter. That compares with net income of $47 million and operating income of $1 million in the t...

An active catastrophe quarter and volatile market conditions drove a net operating loss of $205 million and a net loss of $319 million in the third quarter for Everest Re Group Ltd. That compares with a third quarter 2021 net operating loss of $53 mi...

ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss of $2.8 million for the third quarter of the year. That compares with a $2.6 million net loss for the same quarter in 2021. The...

Nabors Industries Ltd, the Bermudian-based energy driller, has reported that its third-quarter operating revenues jumped by 10 per cent and the company cut its quarterly loss to $14 million in the period. Nabors said operating revenues were $694 mil...

Everest Re Group Ltd is estimating total pre-tax net catastrophe losses of $730 million for the third quarter. About $600 million is attributed to Hurricane Ian, which made landfall on the west coast of Florida on September 28, with $500 million attr...

Axis Capital Holdings Limited expects to report a small operating income for the third quarter of 2022. The Bermudian-based global specialty re/insurer said its results are impacted by a pre-tax net loss estimate for catastrophes and other weather-re...

Palomar Holdings Inc, the parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has announced estimated pre-tax catastrophe losses of $12.5 million, net of reinsurance, for the third quarter of 2022. The company said this ...

Bermudian-based RenaissanceRe Holdings Ltd has estimated that losses from certain 2022 catastrophe events will have a net negative impact of approximately $650 million on the company’s third-quarter results. This estimate is primarily driven by the n...

Earnings at Watlington Waterworks Limited for the first six months of the year were up 15 per cent compared to the same period a year ago as gross revenues increased by 14.5 per cent. The results were included in a report to shareholders by Watlingto...