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A private equity firm has started using a real-time environment, social and governance data analytics solution developed by Bermudian-registered financial services provider Apex Group Ltd. Adams Street Partners, which has more than $49 billion under...

The impact of Covid-19 on the Bermuda insurance market has been an “earnings” event affecting the insurers' income statements and not a capital event affecting their solvency positions, a Bermuda Monetary Authority report has said. But the BMA also s...

Rene Lamer is back in Bermuda, this time with specialty re/insurer IQUW’s new reinsurance operation. IQUW is developing the underwriting and operational capabilities of its Bermuda platform, bringing in Mr Lamer as managing director, underwriting and...

Ratings agency AM Best has affirmed the financial strength rating of A++ (Superior) and the long-term issuer credit ratings of “aa+” (Superior) of the subsidiaries of Swiss-domiciled Chubb Limited, including the members of Bermudian-based Chubb Bermu...

Ratings agency AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based re/insurer Ocil Specialty Ltd. The outlook of these credit ratings is stable. The rating...

Carey Olsen Bermuda Limited has advised Caribbean Investment Holdings Limited with regard to the Bermuda aspects of its delisting from the AIM market of the London Stock Exchange and its simultaneous change in Bermuda Stock Exchange listing status fr...

Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fredriksen and a member of The Seatankers Group, has accumulated approximately 5 per cent of the common shares of Valaris Limited. Valaris, the Bermudian-based offsho...

Board members of Bermudian-based Nordic American Tankers Ltd, the oil tanker company, have increased their share ownership in the firm. NAT said board member Alexander Hansson, who is the son of the company’s founder, chairman and CEO, Herbjorn Hanss...

A foundational insurance course offered earlier this year has proven so popular that it will return for a second year in the spring semester 2022. The Association of Bermuda Insurers and Reinsurers (Abir) said that the course was offered in partnersh...

One year old Conduit Reinsurance Limited will require time to demonstrate and secure its competitive position in the international reinsurance market, according to an AM Best analysis that provided the new reinsurer with excellent ratings. The agency...