AXIS Completes Transaction With Enstar

AXIS Capital Holdings and Enstar Group have completed a loss portfolio transfer [LPT] transaction, covering reinsurance segment reserves predominantly attributable to casualty portfolios related to 2021 and prior underwriting years. A spokesperson said, “The LPT reinsurance agreement covers reinsurance segment reserves totalling $3.1 billion at September 30, 2024, and is structured as a 75% ground-up […]
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Cechini Sets Personal Best At Jack Invitational

Bermuda’s Gabriella Cechini, representing Mercersburg Academy, finished fifth in the girls 3200 meters event at the 2025 Jack Roddick High School Track & Field Invitational. Cechini’s time of 11 minutes 5.21 seconds in the event marked a new personal best for the young athlete. Related Stories Isabelle Dutranoit Breaks Bermuda Record Smith Breaks Bermuda Pentathlon […]
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Carnival Kiddies Costume Design Competition

Carnival in Bermuda has launched its 2025 Kiddies Costume Design Competition, inviting youth aged 8–16 to submit original designs under the theme “Carnival Through My Eyes.” A spokesperson said, “Carnival in Bermuda is thrilled to announce the launch of its 2025 Kiddies Costume Design Competition, giving Bermuda’s youth the exciting opportunity to showcase their creativity […]
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Butterfield Reports 2025 First Quarter Results

The Bank of N.T. Butterfield & Son Limited announced financial results for the quarter ended March 31, 2025. A spokesperson said, “Net income for the first quarter of 2025 was $53.8 million, or $1.23 per diluted common share, compared to net income of $59.6 million, or $1.34 per diluted common share, for the previous quarter and $53.4 million, or $1.13 per diluted common share, for the […]
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