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Bermudian-based RenaissanceRe Holdings Ltd has reported net income available to common shareholders of $456.8 million in the second quarter of 2021. The company reported this was down from $575.8 million in the same period in 2020. While the company’...

American Overseas Group Ltd has reported consolidated net income of $1 million, or $20.81 per diluted share, for the three months ended March 31. This compares to net loss of $800,000, or $17.97 per share, for the same period a year ago. The Bermudia...

Billionaire shipping magnate John Fredriksen has stepped down as chairman and president of Bermudian-headquartered Frontline Ltd, one of the world’s largest oil tanker shipping companies. Ola Lorentzon has been appointed chairman of Frontline, succee...

Borr Drilling Ltd, the Bermudian-based oilfield services company, has reported a net loss of $58.1 million for the first quarter. That result follows a loss of $46.7 million in the fourth quarter of 2020, and an overall loss last year of $305.2 milli...

Bermudian-based International General Insurance Holdings Ltd, the specialty commercial re/insurer, has reported net profit of $14.5 million for the first quarter of 2021. That compares to a net loss of $900,000 for the quarter ended March 31, 2020. E...

Somers Limited, the financial services investment holding company, has reported a record first half-year profit of $203.1 million. The company’s fiscal year runs from October 1 to September 30. In its second quarter, which ended on March 31, it repor...

Bermudian-based SFL Corporation Ltd, one of the world’s largest ship-owning outfits, has reported profit of $31.5 million in the first quarter. SFL reported operating revenue of approximately $109.1 million. The company received charter hire of appro...

Bermudian-based Conduit Holdings Ltd, the parent company of new class 4 reinsurer Conduit Re, has reported gross premiums written of $82.6 million in the first quarter. The company, part of the Class of 2020 start-ups on the island, reported estimate...

Bermudian-based Maiden Holdings Ltd has reported first quarter net income of $71.7 million, or 83 cents per common share. That compares to a profit of $20.9 million in the first quarter of 2020. LawrenceMetz, president and co-chief executive officer ...

Bermudian-based global re/insurer PartnerRe Ltd has reported a net loss of $66 million for the first quarter. The company said the result was driven by $344 million of net unrealised losses on fixed maturities due to risk-free rate movements which ar...

Textainer Group Holdings Ltd has reported a profit of $62.1 million, or $1.22 per common share, for the first quarter. That compares to net income of $44.3 million, or 87 cents per share, in the fourth quarter of 2020. The Bermudian-headquartered com...

SiriusPoint Ltd, the Bermudian-headquartered global speciality re/insurer, has reported net income of $130.9 million, or $1.05 per diluted common share, for the first quarter. The company reported tangible diluted book value per share of $13.97 as of...