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Commercial re/insurer Convex Group Ltd has ramped up its total committed capital to $3.2 billion after a $500 million investment from US investment firm Sixth Street. The Bermudian company, launched in April 2019 by industry veterans Stephen Catlin a...

Aon, an insurance broker with offices in Bermuda, has ended a business relationship with the Trump Organisation. The company is one of several to turn their backs on US President Donald Trump’s enterprise since last week’s violent and deadly storming...

Britain has drafted an order-in-council laying out how it expects its Overseas Territories to set up publicly accessible registers detailing beneficial owners of companies. However, Wendy Morton, a Foreign Office minister, said in the House of Common...

Brian O’Hara sees no signs of an end to the hard insurance market that has inspired a slew of start-ups in Bermuda this year. The Bermuda re/insurance industry veteran said the drivers of the hard market were issues for which there was no quick fix a...

Fidelis and Ascot Group have added a combined $585 million to the capital flowing into the re/insurance market. Ascot yesterday priced a $400 million debt offering of ten-year senior notes at 4.25 per cent. Fidelis said today it had raised $185 mill...

Bermuda Trader is to hold what its owner describes as a “do-or-die sale” after the pandemic destroyed its 2020 revenue. Chris Bryan, owner of the wholesaler, which imports handmade goods from Asia, said sales were down nearly 90 per cent this year. B...

Vantage Holdings plans to build up a staff of more than 20 people at its Bermuda head office as the new re/insurer builds out its platform, says its top executive. The company’s Class 4 Bermuda reinsurer, Vantage Risk, opened its doors last week, wit...

Vantage Group Holdings Ltd, a new Bermudian re/insurance company with $1 billion of private-equity backing, announced its launch this morning. The company, which describes itself as a “tech-enabled re/insurance company delivering improved efficiency ...

Brian O’Hara’s life has taken him on an extraordinary journey that led him to join the rarefied ranks of Bermuda re/insurance royalty. In his new book, It’s Not The Score, It’s The Trip, he recounts the highlights of that journey from his childhood a...

A gym owner has asked the Premier to stop targeting small businesses when referring to the spread of Covid-19. Natalie Flood, of fitness studio Shamana Circle, wrote an open letter to David Burt, protesting that restaurants, bars, gyms and personal s...