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Reinsurer also seeks to selectively increase exposure to private credit

The reinsurer’s impressive underwriting profitability compared to last year’s Q1 loss

Solid capitalisation and underwriting profitability highlighted for five firms in report

CEO O’Donnell adds tax credits were a tailwind for results

The company reported strong underwriting, fee and investment performance

The firm’s underwriting income is $770.2 million, up 96 per cent compared to the same quarter last year

Great opportunity for competitors to run longer distance ahead of Bermuda Half-Marathon Derby

The new unit is purpose-built to provide global investors with access to the company’s successful cat bond investment strategy

The net proceeds from the offering will be used for general corporate purposes

The result was recorded despite a fourth quarter net loss of $198.5 million

They planted more than 50 native and endemic species at the largest micro forest site to date on the Bermuda College campus

Operating income was $540.3 million, up from $426.3 million in the third quarter of 2023