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Axis Capital Holdings Ltd has reported second quarter net income available to common shareholders of $27 million. That compares to net income available to common shareholders of $228 million for the second quarter of 2021. Gross premiums written incr...

The Bank of N.T. Butterfield & Son Limited has reported net income of $49.1 million for the second quarter of the year. That is a 10.6 per cent increase compared with net income of $44.4 million in the first quarter of 2022, and a 24 per cent rise co...

American Overseas Group Limited, the Bermudian-based holding company, has reported consolidated net income available to common shareholders of $700,000, or $15.06 per diluted share, for the three months ended March 31. This compares with consolidated...

Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported a loss of $92.1 million for the quarter to April 30. This compares to nearly $130 million in profit in the same period a year before. The company...

The chief executive officer of Borr Drilling Limited, the oilfield services company based in Bermuda, remains optimistic despite a $51.3 million net loss reported by the company for the first quarter of the year. Patrick Schorn said: “We are pleased ...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, expects better days ahead after reporting a net loss of $27 million for the first quarter of the year. That compares with a net loss of $25 million in the same quarter a year ag...

Gross written premiums were up by 92 per cent for the first three months of the year in the programme management business of Randall & Quilter Investment Holdings Ltd, the Bermudian-based non-life global specialty insurance company. R&Q, which also f...

Seadrill Limited, the offshore drilling company based in Bermuda which came out of Chapter 11 bankruptcy and provisional liquidation in February, has reported an operating profit of $42 million for the first quarter of the year. The company reported ...

Net profits more than tripled to $24.3 million in the first quarter of the year for Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas. That compared with a net profit of $7.5 million for the ...

Profits at Bermudian-based International General Insurance Holdings Ltd rose 90 per cent in the first quarter compared with the prior-year period. The specialty commercial re/insurer reported a profit of $19.4 million, up from $10.2 million for the q...

Somers Limited has reported a net loss of $46.9 million for the second quarter of its fiscal year as the company was buffeted by the severe downturn in global investment markets. The Bermudian-based financial services investment holding company said...

Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $1.2 billion. The company said that due to a sustained decline in Paysafe’s stock price and market capitalisation, as well as ...