04/28/2023

Markel posts solid Q1 profit driven by ‘three engines’

Its net investment gains and losses were $372 million, compared with a loss of $358 million a year earlier, which reflected an increase in the fair value of its equity portfolio resulting from favourable market value movements.

04/27/2023

First quarter profit higher for Arch Capital

Pre-tax current accident year catastrophic losses for Arch’s insurance and reinsurance segments, net of reinsurance and reinstatement premiums, was $79 million.

04/26/2023

The Vision Behind Oak’s Rebrand

When we relaunched Oak’s vision this year, we were clear from the start that we wanted to run a business of which we could be proud

04/26/2023

UK comms giant proposes move to Bermuda

The proposed transaction will have no change to our listing on Nasdaq, our day-to-day operations or the tax residence of our operating companies...”

04/25/2023

Nabors swings back to Q1 profit

Results for the fourth quarter of 2022 included a mark-to-market charge of $36 million, or $3.98 per diluted share, for the warrants.

04/25/2023

WiRe Bermuda to highlight life reinsurers

The long-term re/insurance sector is a key pillar of Bermuda’s financial services economy with over $600 billion of assets under management and more than 500 local employees.

04/25/2023

Q4 combined bank profits soar

And the latest fourth quarter profit was nearly 150 per cent higher than the 2021 fourth quarter profits of $54.7 million.

04/19/2023

Navigating the turbulent housing market

Our dedicated Island-based team understands the local market and challenges Jersey house buyers face. As such, we wanted to take this opportunity to lay out some of the ways in which we can help.

04/19/2023

Insurers face a long road to innovation

Companies that had invested significantly in innovation infrastructure before the pandemic were a leg up in resources and improved capabilities.