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Bermudian-based Vantage Group Holdings Ltd has received a capital commitment of up to $200 million and has made an important acquisition. Vantage, one of Bermuda’s Class of 2020 re/insurers, said that funds managed by Carlyle and Hellman & Freidman h...

RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business, has launched an office on the island with the appointment of market veteran David Rocke as managing director of its Bermuda division. The company said...

AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to Black Gold Re Limited (Bermuda). The outlook assigned to these credit ratings is stable. BGRe is a captive reinsurer of Ecopetrol ...

DHT Holdings Inc, the Bermudian-based crude oil tanker company, has reported a net loss in fiscal year 2021 of $11.5 million. That compares with net income of $266.3 million in 2020. The difference between the two periods mainly reflects lower tanker...

An insurance executive has effectively been barred from the local insurance industry for an indefinite period. The Bermuda Monetary Authority has banned Nicholas Mark Cooke from senior market roles and from conducting any regulated activity under the...

Triangle Life Ltd, the provider of life insurance products to high-net-worth (HNW) individuals globally through its wholly owned subsidiary, Triangle Life Insurance Co Ltd., has announced the appointment of Jon Hack as an adviser to the board for the...

TigerRisk Partners LLC, the risk, capital and strategic adviser to the global re/insurance industries with an office in Bermuda, has named Joel Hodges as partner and head of analytics, international. Mr Hodges will be responsible for overseeing all d...

The Cabinet Office released the October 2021 Retail Sales Index (RSI) Friday night. But the depressing numbers reflected the precipitous drop off in the retail industry. October’s retail sales fell 6.6 per cent compared to last year. In value terms...

Bermudian-based global specialty insurer Mosaic Insurance is marking a full year in business. The company said it celebrates a year of rapid growth and milestones, including strategic technology and capital partnerships, the launch of six global spec...

Industry veteran April Thomas has joined Walkers Professional Services Bermuda as a director and will lead the fiduciary and regulatory compliance teams. WPS said Ms Thomas has extensive experience navigating the Bermuda regulatory environment with m...