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International

Bermuda energy insurer reports net loss of over $776 million

March 29, 2023 Reprints

Bermuda-based energy insurer Everen Ltd. has posted a net loss of $776.7 million in 2022, compared to a net profit of $667.5 million in 2021, The Royal Gazette reported. The negative results were the result of $524.8 million in net investment losses and $229.2 million in net underwriting losses.

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Bermuda energy insurer reports net loss of over $776 million

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