Bermuda-based Convex Group Limited has received authorisation for its newly established Luxembourg-based European insurance entity, Convex Europe SA.
The commercial re/insurer said it has worked close...
Bermuda-based Sompo International Holdings Ltd has reached agreement to purchase a leading company in the Italian agriculture insurance market.
Sompo International said the transaction to acquire ARA ...
The RG/BSX Index closed unchanged at 2,559.88, in the absence of trading.
The BSX Insurance Index remained unquoted.
The Bank of Butterfield finished on the New York Stock Exchange down 67 cents (02.0...
Acrisure Re, the insurance broking and corporate risk advisory firm with an operation in Bermuda, has made four appointments within its corporate advisory and solutions division, reporting to managing...
The founder, chairman and CEO of Bermuda-based Nordic American Tankers Ltd has purchased 75,000 shares in the company.
The oil tanker company said Herbjorn Hansson bought the shares at $2.3273 per sha...
The Karen Clark & Company flash estimate puts the insured loss from Hurricane Nicholas close to $950 million, after half a million people lost electricity to their homes earlier this month.
Based on t...
AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of XL Bermuda Ltd (AXA XL) (Bermuda) and its subsidiaries. The outlook of...
Bermuda-headquartered investment management firm DigitalArray ISAC Ltd has announced the inception of its DigitalArray fund platform.
The company said the platform enables select investment firms in t...
AM Best has upgraded the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating of A (Excellent) of Ascot Bermuda Limited, as well as Ascot...
HSCM Bermuda is among the lead investors in a $75 million capital raise by Gracie Point Holdings, LLC, the global provider of life insurance premium finance.
Gracie Point said lead investors in the is...