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Bermudian-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has reported a loss of $92.1 million for the quarter to April 30. This compares to nearly $130 million in profit in the same period a year before. The company...

The chief executive officer of Borr Drilling Limited, the oilfield services company based in Bermuda, remains optimistic despite a $51.3 million net loss reported by the company for the first quarter of the year. Patrick Schorn said: “We are pleased ...

Bermudian-based Nordic American Tankers Limited, the oil tanker company, expects better days ahead after reporting a net loss of $27 million for the first quarter of the year. That compares with a net loss of $25 million in the same quarter a year ag...

Gross written premiums were up by 92 per cent for the first three months of the year in the programme management business of Randall & Quilter Investment Holdings Ltd, the Bermudian-based non-life global specialty insurance company. R&Q, which also f...

Seadrill Limited, the offshore drilling company based in Bermuda which came out of Chapter 11 bankruptcy and provisional liquidation in February, has reported an operating profit of $42 million for the first quarter of the year. The company reported ...

Net profits more than tripled to $24.3 million in the first quarter of the year for Avance Gas Holding Ltd, the Bermudian-based company engaged in the transportation of liquefied petroleum gas. That compared with a net profit of $7.5 million for the ...

Profits at Bermudian-based International General Insurance Holdings Ltd rose 90 per cent in the first quarter compared with the prior-year period. The specialty commercial re/insurer reported a profit of $19.4 million, up from $10.2 million for the q...

Somers Limited has reported a net loss of $46.9 million for the second quarter of its fiscal year as the company was buffeted by the severe downturn in global investment markets. The Bermudian-based financial services investment holding company said...

Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $1.2 billion. The company said that due to a sustained decline in Paysafe’s stock price and market capitalisation, as well as ...

Bermudian-based Conduit Holdings Limited, the parent company of Class 4 reinsurer Conduit Re, reported impressive premium growth as it delivered its first quarter trading update. Analysts said that after a $42 million-loss for 2021, but no debt on it...

Maiden Holdings Ltd, the Bermudian-based holding company, has reported first quarter net income available to common shareholders of $1.6 million compared with net income of $71.7 million in the first quarter of 2021. The company said that the most si...

James River Group Holdings Ltd, the insurance holding company based in Bermuda, has reported first quarter net income available to common shareholders of $9.3 million compared with a net loss of $103.5 million for the first quarter of 2021. Adjusted ...