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Domestic insurer BF&M Limited has reported a shareholders’ net loss of $13.4 million for the nine months ended September 30. This compares with shareholders’ net income for the same period in 2021 of $19.5 million. The company said net income from o...

A Bermuda company, Lancashire Holdings Limited, and its Bermuda insurer are facing a negative outlook for ratings issued by credit rating agency AM Best. Although recognising several positive attributes of performance and management processes, the ag...

Bermudian-headquartered Frontline Ltd, a shipping company engaged primarily in the ownership and operation of oil tankers and product tankers, has reported net income of $154.4 million for the third quarter of the year. The company reported adjusted ...

Seadrill Ltd, the Bermudian-based offshore drilling company, has reported an operating profit of $20 million for the third quarter of the year. The company had total operating revenues of $269 million, and total adjusted EBITDA of $71 million, repres...

Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas, has reported a net profit of $11.6 million for the third quarter of the year. That compares to $18.4 million for the second quarter of 2022....

Bermudian-based Höegh LNG Partners LP, the floating liquefied natural gas service provider, has reported net income of $16.6 million for the third quarter of the year. That compares with net income of $17.4 million in the prior-year third quarter. Hö...

Borr Drilling Limited, the Bermudian-based oilfield services company, has reported a net loss of $54.9 million in the third quarter of the year, a decrease in loss of $110.4 million compared with the second quarter of 2022. Announcing preliminary una...

Bermuda’s fragile economic state is reflected in the latest consolidated financial statements released by Polaris Holding Company Limited, the organisation said. In a filing with the Bermuda Stock Exchange, Polaris — the parent company to Stevedoring...

Cool Company Ltd, the Bermudian-based liquefied natural gas carrier owner, has reported third-quarter operating income of $36.4 million and net income of $36.8 million. CoolCo achieved average daily time charter equivalent earnings of $73,200 per day...

West Hamilton Holdings Limited, the BSX-listed Bermuda property holding company, has reported net income of $948,364 (2021: $1,023,449) for the six-month period ending March 31. In a letter to shareholders filed with the BSX that set out the company’...

The hardening market in the reinsurance sector is the best in decades, a leading insurance executive has said. Conduit Re executive chairman Neil Eckert made the comment as his company released its third quarter trading statement. Mr Eckert said: "As...

Bermudian-based Maiden Holdings Ltd has reported a net loss attributable to common shareholders of $8.2 million for the third quarter of the year. That compares to net income of $2.9 million in the third quarter of 2021. Non-GAAP operating loss was $...