75008 results returned for search: "" category "Business"
HSCM Bermuda has joined basketball star Draymond Green and professional golfer Rory McIlroy as investors in an American direct-to-consumer home insurance technology company.
Kin Insurance Inc and Omnichannel Acquisition Corp have entered into a busin...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Veteran Bermudian insurance executive Stephen Young is to lead speciality re/insurer IQUW, which has announced the launch of a new reinsurance operation on the island.
Mr Young joins the company as chief executive officer of IQUW Bermuda and global h...
DATE: Jul 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Fintech company Circle’s expanded Bermuda platform is to include key hires in the areas of compliance, operations and service, the organisation said.
The company said it will increase operations in Bermuda as part of the company's overall market expa...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Duncan Hall
Government is discussing a carve-out for the island’s international insurance industry in multilateral discussions towards a new global agreement on a minimum corporate tax rate.
Finance minister Curtis Dickinson said the carve-out was one of the iss...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
David Fox, Business Editor
Bermudian-based financial services company Athene Holding Ltd has entered into a definitive agreement to acquire Foundation Home Loans, a specialist UK mortgage lender from funds managed by affiliates of Fortress Investment Group LLC.
As of June 2021...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Bermudian-based Apex Group Ltd has secured additional equity investment from global investment firm Carlyle and sovereign investor Mubadala Investment Company.
The global financial services provider backed by Genstar Capital said Carlyle and Mubadala...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
Aileen Mathieson has been appointed group chief investment officer at Aspen Insurance Holdings Ltd.
The Bermudian-based re/insurer said Ms Mathieson will take up the post effective November 15.
She will be based in London and join the Group executive...
DATE: Jul 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
Enstar Group Limited has agreed to repurchase an aggregate of 3,749,400 ordinary shares of Enstar, held by funds managed by Hillhouse Capital Management.
The Bermudian-based global insurance outfit said they will be repurchased for a price of $234.52...
DATE: Jul 19, 2021
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CATEGORY:
Reinsurance
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AUTHOR:
Business Staff
First Atlantic Commerce has partnered with a Central American fintech solution provider to enable merchants to accept online payments through the Wix platform.
The Bermudian-based online payment solutions provider said it is partnering with Costa Ric...
DATE: Jul 19, 2021
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CATEGORY:
International Business
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AUTHOR:
Business Staff
The finance minister Curtis Dickinson yesterday refused to publicly divulge which countries are allied with Bermuda in the international discussions of the global tax initiative set to come to a head this October.
But he will soon reconstitute the Ta...
DATE: Jul 17, 2021
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CATEGORY:
Economy
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AUTHOR:
David Fox, Business Editor