Log In

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 $...

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a record net profit of $61 million for the three months ended September 30. That compares to a net loss of $12.8 million for the third qu...

Under fire Argo Group International Holdings Ltd, the Bermudian-based underwriter of specialty insurance products, has reported a net loss attributable to common shareholders of $51.4 million for the third quarter of the year. That compares to net in...

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $11 million in the third quarter. That compares with net income of $17 million in the third quarter a year ago. This year’s third quarter result includes after-tax losses...

White Mountains Insurance Group Ltd, the financial services holding company domiciled in Bermuda, has reported comprehensive income attributable to common shareholders of $890 million and $748 million in the third quarter and first nine months of 202...

Gross premiums written increased by 34.3 per cent year on year to $1.3 billion, Bermudian-based Lancashire Holdings Limited reported as it released its trading statement for the nine months ended September 30. Lancashire reported a group renewal pric...

California-headquartered Palomar Holdings Inc, the parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has reported net income of $4.3 million for the third quarter of the year. That compares with net income of $0.2 mill...

Bermudian-headquartered Hiscox Ltd, the international specialist insurer, has reported a 6.3 per cent increase in group gross premiums written for the first nine months of the year. Hiscox Re & ILS gross premiums written of $1.067 billion (2021: $806...

Essent Group Ltd, the mortgage re/insurer based in Bermuda, has reported net income for the quarter ended September 30 of $178.1 million. That compares to $205.4 million for the third quarter of 2021. New insurance written for the third quarter was $...

Bermudian-based Enstar Group Limited has reported a third-quarter net loss of $444 million. That compares with a net loss of $196 million for the three months ended September 30, 2021. The company has reported a net loss of $1.2 billion for the first...

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, is scaling back its property catastrophe reinsurance platform by closing three offices and reducing its footprint in two more. The company said it is closing underwriting offices in H...