08/02/2024
The acquisition has been finalised following receipt of final regulatory approvals and the satisfaction of other closing conditions, further to its initial announcement on 22 April 2024.
08/01/2024
The company's loss ratio deteriorated to 62.4% from 57.5% while the company's investment return edged up to $23 million from $22.6 million.
08/01/2024
"In the quarter, we delivered on our stated goals, producing an annualized operating ROE of 20%, record operating EPS of $2.93, and a combined ratio of 90.4%."
08/01/2024
Corporate risk appetite saw its biggest rise in more than four years in this quarter’s survey
08/01/2024
Our investment portfolio also performed well, resulting in a 28 per cent growth in net investment income compared to the first half of 2023.
08/01/2024
The combined ratio, based on GAAP reporting, was well below 90 in each of the last three years, improving the five-year average to the mid-80s, coupled with formidable return measures.
08/01/2024
Established in 2019, Carrick has formed a non-life runoff business with operations in Bermuda, the United Kingdom and the US.
08/01/2024
This type of transaction fits perfectly within Carrick’s strategy to provide solutions to the insurance market and expand global operations to include the Cayman Islands.
07/31/2024
Although the speed of growth has moderated since the completion of the recovery from the pandemic, activity remained slightly accelerated in comparison to the economy’s expected medium-term potential.
07/31/2024
Testament to BOV’s dedication to excellence and innovation
07/31/2024
The Bermuda-based re/insurer also recorded favourable development in prior year loss reserves of $124 million.
07/30/2024
“At SiriusPoint we want to work with experienced, ambitious MGAs, helping them to excel by understanding and identifying exactly the right type of support they need from us to reach their ambition.”
07/30/2024
An increase of 40.9% over same period last year
07/30/2024
Total investment returns jumped to 5.2% compared to 3.0% in 2023 as a result of a slowdown in interest rate increases.
07/30/2024
Christoph Buerer, cofounder of Twelve Capital, will become president of the new partnership, while Etienne Schwartz will become CIO of Liquid Securities.
07/30/2024
Proactive approach and unwavering commitment to clients
07/29/2024
Kenneth Farrugia, CEO, Bank of Valletta
07/29/2024
Annualised return on equity was 14.7 per cent.
07/29/2024
The companies said the merger would allow them to retain their independence.
07/29/2024
Despite this shift, savings professionals and advisers are largely split on their predictions. 14% are not expecting a cut at all in August or September.