05/21/2021
Launched on 4 May 2021, the US$225 million cat bond benefits Vantage and provides reinsurance protection for natural catastrophe perils in North America on an industry loss trigger basis over a three-year term.
05/19/2021
The company will use the proceeds of the notes to repay its existing Reserves Based Lending Facility, to redeem its senior notes due 2022, and to repay its convertible bonds due 2021.
05/18/2021
The regulations were explicitly extended in 2020, giving CIMA the power to impose administrative fines for non-compliance for a wider range of acts, regulations and rules.
05/18/2021
The Fidelity chief warned that “a few bad apples could spoil the entire bunch” when it came to the Bahamian legal profession, which on Friday railed against a practice that it says undermines consumer choice and effectively acts as a restraint