Oil Insurance Limited Declares $250 Million Dividend and Modifies Two Components

OIL held its 2019 Shareholder’s Annual General Meeting (AGM) on Thursday, March 21st at the Hamilton Princess in Bermuda. During the meeting, it conducted the review and approval of the 2018 annual financial statements as well as the election of directors.

For 2018, OIL recorded a $404.6 million underwriting loss. After factoring in net investment losses and administrative expenses, OIL’s net loss for the year was $675.6 million.

/Public Release.