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Axis Capital Holdings Limited has announced a third quarter net loss estimate for catastrophes and other weather-related events of approximately $250 million, pre-tax, or $219 million, after-tax. The Bermuda-based re/insurer said the pre-tax net loss...

Everest Re Group Ltd has estimated total pre-tax net catastrophe losses of $635 million for the third quarter. The announcement was made by the Bermuda-based global re/insurer today, in advance of its full quarterly earnings to be released on October...

Arch Capital Group Ltd has estimated pre-tax net catastrophe losses of $330 million to $345 million across the company’s property casualty insurance and reinsurance segments in the third quarter of this year. The Bermuda-based specialty re/insurer sa...

American Overseas Group Limited has reported a consolidated net loss available to common shareholders of $3 million, or $63.75 per diluted share, for the three months ended June 30. The Bermuda-based holding company said that this compares with a con...

A UK-based biotechnology company that plans to redomicile to Bermuda has reported a loss of £12.59 million for the six-month period ending June 30. Tiziana Life Sciences plc said that compares with a loss of £3.9 million for the same period a year ag...

SiriusPoint Ltd, the Bermuda-headquartered global specialty re/insurer, has more than doubled its previously disclosed estimated third quarter losses arising from the European floods in July. Severe flooding occurred in Germany’s North Rhine-Westphal...

Stark quarterly Gross Domestic Product figures show the economy has substantially contracted for the first quarter of the year – the fifth quarterly reduction in a row. Minister for the Cabinet Office Wayne Furbert revealed yesterday GDP fell by 4.3 ...

Bermuda-based Höegh LNG Partners LP has reported net income of $2.6 million for the second quarter of 2021. The floating liquefied natural gas service provider said that compares with net income of $19.7 million for the second quarter of 2020. Operat...

Bermuda-based Frontline Ltd, the oil tanker shipping company, has reported a net loss of $26.6 million, or 13 cents per basic and diluted share for the second quarter of 2021. The company reported an adjusted net loss of $23.2 million, or 12 cents pe...

Bermuda-based Seadrill Limited, the offshore drilling company involved in Chapter 11 bankruptcy proceedings, has reported a net loss of $605 million for the first half of 2021. That compares with a net loss of $2.915 billion in the second half of 202...

Bermuda-based SFL Corporation Ltd has reported net profit of $19.5 million in the second quarter of 2021. The ship-owning company, one of the world’s largest, said other preliminary financial results include operating revenue of approximately $116.8 ...

Bermuda-based Flex LNG Ltd has reported net income of $12.7 million and earnings per share of $0.24 for the second quarter of the year, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter. The liquefied natur...