02/12/2024

Essent Group profit falls $135 million

Insurance in force as of December 31, 2023 was $239.1 billion, compared with $238.7 billion as of September 30, 2023 and $227.1 billion as of December 31, 2022.

02/09/2024

Brookfield Re posts $797m profit

The company said: “Since close, we have begun executing on our underwriting initiatives, including repositioning of the asset portfolio into higher-yielding strategies.”

02/08/2024

Banking sector profits up 32.9% year-on-year

The BMA said this was mainly due to the combined impact of lower total income and higher operating expenses. Total income fell by 2 per cent while total expenses rose by 10.7 per cent quarter-on-quarter.

02/08/2024

Aon Bermuda executive passes away

Karl DeGiovanni, director of client solutions – EMEA at Aon, said in a statement on LinkedIn about the death of Britton: “I am deeply saddened by the sudden passing of a colleague and long time friend.