12/29/2022
Scotiabank named Barbados' Bank of the Year for 3rd consecutive year
53% of Scotiabank customers are enrolled on its digital platforms
AIM and Hedge Funds
12/23/2022
Symetra Bermuda Re launched, completes first deal
This investment is part of our focused effort to ensure the long-term competitiveness of Symetra’s Retirement Division in a constantly changing industry.
12/23/2022
PartnerRe’s new direct unit secures AM Best rating
The company plans to expand into direct property/casualty insurance lines in the US market, via partnerships with managing general agents.
12/23/2022
10 key Bermuda moments
In the last year there have been many moments on the path to further elevating Bermuda’s already much valued status—we’ve highlighted 10 of the most important here.
12/22/2022
The Agency Turks & Caicos opens metaverse office
First real estate brokerage to be represented in Decentraland
12/22/2022
Ark Insurance sponsors reinsurance sidecar
Additional third-party investors include Aquiline Capital Partners and a subsidiary of Enstar Group Limited.
12/21/2022
Labuan IBFC continues to see captive growth
Labuan FSA also signed a corruption-free pledge for high integrity and good governance.
12/21/2022
New ratings assigned for Bermuda-based Fontana reinsurers
Both Fontana Re and Fontana Re US are owned by Fontana Holdings LP.
12/20/2022
Loop Awards: Entrepreneur of the Year
These five nominees are inspiring, to say the least, and we proudly share their stories and accomplishments with you.
12/20/2022
Third Quarter 2022 Investment Statistics
Over the past year, total net asset values have increased by £12.8 billon (4.4%).
12/20/2022
HSCM adds to its investment in CyberCube
This latest financing brings CyberCube’s total capital raised to more than $100 million.
12/19/2022
Conduit Re grows underwriting in year two
Conduit Re has been impacted by several catastrophe and large loss events during its first two years of operations, with marginal underwriting results reported in 2021, and expected by AM Best for 2022.
12/19/2022
AM Best affirms rating of Everen-owned OSL
AM Best said the rating reflects OSL’s strategic importance to its parent company
12/19/2022
Jersey Electricity ready to support France amid European energy crisis
In the spirit of co-operation and unity, we stand ready to run La Collette Power Station to generate energy to support our strategic partners should this become necessary.
12/16/2022
Athora completes third capital raise
The capital raise has been conducted as a private placement of common equity securities.
12/16/2022
Qatar and Antares Re in rating downgrade
The ratings reflect QIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
12/15/2022
Ocorian's Gold Excellence winners
In particular, our gold award is presented to our team members who consistently uphold all three values.
12/15/2022
Cayman National wins Bank of the Year
“Its advances in gender equality is highly commendable, as now 42% of the bank’s leadership roles are held by women.”
12/14/2022
Argo investor backs down in push for new directors
“Argo has a highly qualified, fully engaged and significantly refreshed Board, and we will continue to take actions to maximize value for our shareholders.”
12/14/2022
Bermuda crypto insurer Evertas raises new funds
Individual investors include Balaji Srinivasan, Andrew Keys, Colleen Sullivan, Tom Howard, Patrick McDonald and David Roebuck.