05/05/2020
Gross premiums written decreased by $152 million, or 6%, to $2.4 billion with a decrease of $242 million, or 14% in the reinsurance segment, partially offset by an increase of $90 million or 11% in the insurance segment.
05/05/2020
Corporate and non-underwriting results include net investment income, other income (loss), corporate expenses, transaction costs and other, amortization of intangible assets, interest expense
05/05/2020
Actual losses from these events may vary materially from the estimates due to several factors, including the inherent uncertainties in making such determinations and the evolving nature of this pandemic.
05/03/2020
The foundation will complement existing government-led national efforts by supporting local non-profit organisations with funding for projects involved in all aspects of a disaster cycle, the release noted.
04/21/2020
Due to a lack of adequate funds to meet ongoing costs, in February 2020, the Directors of the owning company approached Grant Thornton’s recovery and reorganisation experts, Alan Roberts and Ben Rhodes, to assist them.
04/20/2020
Ryan Taylor, Director of ZEDRA Fund Services explained, “We have proven and significant experience in the small and mid-tier alternative funds administration sector."
04/17/2020
Venetta Symonds, CEO and president of BHB, noted that there is still no cure for COVID-19, making it even more important that hospitals are able to provide breathing support where needed.
04/16/2020
David Burt, Bermuda’s Premier, warned that Bermuda “cannot let the economic effects of this pandemic be worse than the health effects of this pandemic.”