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James River Group Holdings Ltd, the insurance holding company based in Bermuda, has reported net losses for the fourth-quarter and full year 2021. James River owns and operates a group of specialty insurance and reinsurance companies, including casua...

Bermudian-based Teekay Tankers Ltd, one of the world’s largest owners and operators of mid-sized crude oil tankers, has reported losses for both the fourth-quarter and full fiscal year 2021. The company said its fourth-quarter GAAP net loss was $39.8...

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $389 million in fiscal year 2021. That includes a $175 million pre-tax ($138 million after-tax) loss on debt extinguishment resulting from the voluntary early redemption ...

Enstar Group Limited, the global insurance group based in Bermuda, has reported consolidated net earnings of $437 million for fiscal year 2021. That compares to consolidated net earnings of $1.7 billion in 2020. The company said key drivers of net ea...

Nordic American Tankers Limited, the Bermudian-based oil tanker company, has reported a net loss of $21 million in the fourth quarter of 2021. The adjusted EBITDA was $1.9 million. The net loss for the previous quarter was $44.6 million, with an adju...

SiriusPoint Ltd, the global insurer and reinsurer based in Bermuda, has reported net income of $44.6 million in fiscal year 2021. That result is despite a net loss of $140.3 million in the fourth quarter of the year. The company reported net income o...

The leaders of Conduit Holdings Limited remain optimistic despite a comprehensive loss of $42 million by Conduit Re in its first year of operation. Preliminary results released today by the Bermudian-based global reinsurer report an underwriting loss...

Bermudian-based energy outfit Höegh LNG Partners LP has reported net income of $16.2 million in the fourth quarter of 2021. That compares with net income of $18.5 million in the fourth quarter of 2020. The floating liquefied natural gas service provi...

Valaris Limited has reported an operating loss of $24.7 million in the fourth quarter of 2021. The Bermudian-based offshore drilling company said the results compared with operating income of $3.1 million in the third quarter of the year. Valaris sai...

Bermudian-based Avance Gas Holding Ltd has reported a net profit of $32.1 million in fiscal year 2021. That figure compares to a net profit of $70.9 million in 2020. The company, which is engaged in the transportation of liquefied petroleum gas, had ...

The parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd has reported net income of $16.6 million in the fourth quarter of 2021, which contributed to full year net income of $45.8 million. California-based Palomar Holdings...

SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported a net profit of $80.1 million in the fourth quarter of 2021. The Bermudian-based company, announcing its preliminary financial results, said it had operating revenue ...