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A unit of Arch Capital Group Ltd has agreed to acquire Australia’s Westpac Lenders Mortgage Insurance Ltd. The Global Mortgage Group of Bermudian-based Arch has entered into a share purchase agreement with the Westpac Group to make the acquisition. D...

Bermudian-based Triton International Ltd, the world’s largest lessor of intermodal freight containers, has announced completion of a $725 million offering of fixed rate, asset-backed notes. The company said the $690.1 million Series 2021-1 Class A No...

Bermudian-based drinks giant Bacardi has partnered with local influencer group, Influence the Influencers, to “stir creativity” and inspire local creatives to take their social media and networking capabilities to new heights. The world’s largest pri...

Bermudian-based global insurance outfit Enstar Group Ltd and Stone Point Capital LLC have completed the previously announced sale of StarStone Underwriting Ltd, the Lloyd’s managing agency, and its managed Lloyd’s syndicate, 1301, to Inigo Ltd, a new...

Sid Sankaran, chief executive officer and chairman of Bermudian-based international specialty insurance and reinsurance outfit SiriusPoint Ltd, rang the opening bell of the New York Stock Exchange today at 10.30am Bermuda time. The company said the e...

Axis Insurance, the specialty insurance business segment of Bermudian-based Axis Capital Holdings Ltd and Elpha Secure, a cyber security company built for the insurance industry, have announced a strategic partnership. Axis said the partnership will ...

The Argus Group is partnering with the Employee Assistance Programme of Bermuda to sponsor a series of webinars aimed at providing mental and emotional support to individuals dealing with elevated stress levels during the Covid-19 pandemic. Looking f...

Maiden Holdings Ltd has reported it turned a fourth quarter profit of $47.7 million, compared to a net loss of $21.5 million a year earlier. The company said operating earnings were $45 million compared to an operating loss of $3.5 million for the sa...

Independent specialist insurance and reinsurance broker Miller is to set up a new platform in Bermuda. The company said the office will be led by industry veteran Charlie Simpson, who joins Miller as Head of Bermuda. Miller said Mr Simpson will conce...

Bermudian-registered shipping and logistics company Ocean Wilsons Holdings Ltd reported profits after tax dropped 21.3 per cent or $13 million to $48 million in 2020, principally due to the impact of foreign exchange losses and increased income tax. ...