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Bermudian-based Athora Holding Ltd has completed its third capital raise, securing a total of approximately €2.75 billion of additional permanent equity capital commitments from new and existing shareholders. The total raised includes commitments of ...

Simply Business LLC, a Boston-based digital insurance company focused on small businesses, has announced a partnership with specialty insurer Arch Insurance to offer monoline professional liability solutions to small business owners in the United Sta...

AM Best has assigned the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) to Bermudian-based Legal & General Reinsurance Company No. 2 Limited. The outlook assigned to these credit ratings is stable...

Argo Group International Holdings Ltd has confirmed that a dissident investor has withdrawn its nomination of candidates Ronald Bobman and David Michelson for board seats in the Bermuda-headquartered insurance group. Capital Returns previously nomina...

Concert Group Holdings Inc has appointed John Hendrickson as chief executive officer. Mr Hendrickson, who will take up his new position on January 1, succeeds Jonathan Reiss, who assumed the role of CEO at Concert’s inception in 2021. “We’re delighte...

Bermudian-based Global Cloud Xchange, the network service provider powering global connectivity for new media providers, telecom carriers and enterprises, has been awarded its international long distance licence by the Indian Government. This award e...

Acrisure, a fast-growing fintech leader that operates a top-ten global insurance broker and the largest independent real estate services company in the United States, has announced the members of its insurance leadership team reporting to Grahame Mil...

Evertas, the American crypto asset insurer with an island-based subsidiary licensed by the Bermuda Monetary Authority, has successfully closed a series A financing round that raised $14 million. In addition to $5.8 million seed financing, that puts t...

Lawyer Michael Hanson has been unanimously elected as the new chairman of the board of the Bermuda Business Development Agency. Mr Hanson, the managing partner of Carey Olsen Bermuda, succeeds Stephen Weinstein in the chairman’s role. Mr Weinstein is...

Jewel, Bermuda’s new digital bank for global digital asset institutions, has partnered with blockchain development ecosystem, Polygon, to issue its Jewel USD stablecoin, Asset Servicing Times has reported. The bank is the first to be licensed to issu...