Validus Holdings Ltd posted a third-quarter net loss of more than a quarter of a billion dollars, driven by heavy catastrophe losses.
However, chairman and chief executive officer Ed Noonan said the h...
Axis Capital Holdings Ltd tonight reported a third-quarter net loss of $468 million, as it dealt with hefty claims related to natural disasters.
The Bermudian insurer and reinsurer estimated catastro...
A $350 million catastrophe bond that will boost underwriting capacity for Bermudian insurer and reinsurer Axis Capital Holdings has been admitted to listing on the Bermuda Stock Exchange.
The BSX also...
Island-based insurer Enstar Group Ltd’s first-quarter earnings rose by more than 20 per cent.
The company posted net income of $54.7 million, or $2.80 per share, compared to $45.5 million, or $2.35 pe...
Frontline Ltd this morning reported fourth-quarter profit of $18.3 million, beating analysts’ estimates.
However, Robert Hvide Macleod, the Hamilton-based oil tanker operator’s chief executive officer...
Chief risk officers have become firmly established within Bermuda’s re/insurance companies, a survey reveals.
EY’s first survey of the island’s insurance CROs found that 100 per cent of respondents ha...
Aspen Insurance Holdings Ltd reported earnings in line with analysts’ estimates as it overcame $24.9 million in catastrophe losses.
The Bermuda insurer and reinsurer posted operating income after tax ...
Arch Capital Group Ltd bettered the forecast of Wall Street analysts, as it posted $247.4 million of net income for the third quarter.
The Bermuda insurer and reinsurer’s profit represented an annuali...
Axis Capital’s three businesses all achieved improved results in the third quarter as the Bermuda insurer and reinsurer recorded a double-digit operating return on equity.
Operating earnings soared to...
Bermudians have learnt lessons from severe hurricanes in the recent past — and their thorough preparation is one of the reasons why damage from Hurricane Nicole appears to be relatively light.
That is...