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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...

James River Group Holdings Ltd has reported a third-quarter net loss available to common shareholders of $7.2 million (2021 Q3: $23.9 million). Net written premium grew 20.3 per cent due to increased net retention in the E&S segment; E&S renewal pric...

Bermuda reinsurer RenaissanceRe Holdings Ltd. has posted a third-quarter net loss of $825.3 million. The company said Hurricane Ian and certain other catastrophe events contributed to a $648.4 million net negative impact on the net loss attributable ...

The Bank of N.T. Butterfield & Son Limited’s net income rose 44 per cent to $57.4 million for the third quarter of the year as it benefited from interest rate rises. That compares to net income of $49.1 million for the previous quarter and $39.8 mill...

Gross written premium and programme fee income have risen sharply year-over-year, Bermudian-headquartered R&Q Insurance Holdings Ltd reported as it announced a performance update for its programme management business for the nine months ending Septem...

A Dutch fintech firm that is proposing to set up a top holding company in Bermuda has reported a third quarter normalised net profit of €34.5 million. The year-to-date normalised net profit is €116.6 million, the company said. Netherlands-based Flow ...

Arch Capital Group Ltd booked a $550 million net loss from catastrophes, but still managed to report net income available to common shareholders of $6.9 million in the third quarter. That result compares with net income of $388.8 million for the 2021...

Axis Capital Holdings Limited has reported a net loss attributable to common shareholders of $17 million and operating income of $3 million in the third quarter. That compares with net income of $47 million and operating income of $1 million in the t...

An active catastrophe quarter and volatile market conditions drove a net operating loss of $205 million and a net loss of $319 million in the third quarter for Everest Re Group Ltd. That compares with a third quarter 2021 net operating loss of $53 mi...

ATN International Inc, the Massachusetts-based parent company of One Communications and Fireminds, has reported a net loss of $2.8 million for the third quarter of the year. That compares with a $2.6 million net loss for the same quarter in 2021. The...

Nabors Industries Ltd, the Bermudian-based energy driller, has reported that its third-quarter operating revenues jumped by 10 per cent and the company cut its quarterly loss to $14 million in the period. Nabors said operating revenues were $694 mil...