09/19/2023
SiriusPoint increases its northern exposure
The partnership with SiriusPoint’s Stockholm-based underwriting team will primarily focus on writing hull & machinery, yacht owners charter cancellation and marine delay business.
AIM and Hedge Funds
09/18/2023
Biltir welcomes new guardrails for insurance
Ms Patton said the Bermuda insurance industry “straddles a universe of different regulatory regimes and frameworks”.
09/18/2023
Captives continue to outperform
“These conditions have made the environment beneficial for captive insurance,” the report said.
09/18/2023
Pursuing customer excellence
Bank is creating positive and memorable interactions to make customers feel valued
09/15/2023
Hawksford acquires global business set up experts Healy Consultants
The acquisition will see the Healy team join the Hawksford group in their current roles.
09/13/2023
Top Layer Re’s financial strength rating affirmed
The ratings also reflect the significant parental support from State Farm, which provides Top Layer with explicit support as required by contract.
09/13/2023
Nomura a major investor in $1 billion Bermuda life reinsurer
Insurance is a growing client segment for Nomura globally and part of our ambitions to expand our platform more broadly”, said Chris Willcox, executive officer and head of wholesale division.
09/13/2023
Artex buys business services firm Frontier
Frontier’s clients and employees will now have access to Artex's broader market-leading resources
09/13/2023
Barclays opens new branch as it marks a century of banking in Guernsey
The new banking hall boasts a larger footprint with an improved layout, allowing for clients to sit and discuss their needs with staff in a spacious and well-equipped environment.
09/12/2023
NCB Financial to raise billions from stock market investors
NCB Financial is Jamaica’s top banking group with assets of more than $2 trillion.
09/12/2023
Apex Group celebrates GIFT City success with new client win
With an already successful long/short strategy, ITI is ready to expand its footprint in the offshore market with launch of this new fund.
09/11/2023
Cash and relationships: the loss of tangibility
There was that personal pride, the satisfaction in not owing anyone for another month.
09/11/2023
Strong pace of captive formations
Another topic looming large for Bermuda’s broader (re)insurance industry is the global minimum tax rate of 15 per cent on multinational companies.
09/11/2023
IDB launches new initiative to boost business opportunities in region
The IDB’s experience, networks, and commitment to transparency, equality, governance, and sustainability make it the preeminent partner of choice for international business engagement with the region.
09/11/2023
Apex Group continues global expansion with Korea launch
This announcement follows the continued growth of Apex Group in the APAC region
09/11/2023
RenaissanceRe’s rating is affirmed by AM Best
The ratings agency said the Bermuda-based reinsurer’s financial strength rating of A+ remained in place and it assigned a stable outlook.
09/08/2023
Prudential Financial, Inc. and Warburg Pincus announce launch of Prismic Life Re
$10 billion initial reinsurance transaction and $1 billion equity capital investment establishes new reinsurance platform positioned for scale and long-term growth on behalf of customers
09/08/2023
Why life insurance matters in Bermuda
A common goal among working adults is to own their home.
09/08/2023
Hamilton Insurance Group, Ltd. Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering
The number of common shares to be offered and the price range for the proposed offering have not yet been determined.
09/08/2023
Apex Group expands ManCo capabilities with Guernsey acquisition
The acquisition of IPFMG further strengthens Apex Group’s ManCo offering in the Guernsey market, adding assets under administration of $200m, across eight funds and six fund managers.