Bermuda energy insurer reports net loss of over $776 million

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.