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Grant Thornton (Bermuda) Ltd says the financial statements do not present fairly the company’s consolidated financial position

The company said the new funding will be instrumental in allowing it to further develop its innovative end-to-end data capture and transmission infrastructure

The move by the integrated, diversified, international financial services group will include a change in group supervision to the Bermuda Monetary Authority

Seasoned executive is to become head of Asia Pacific for its international division

The New York Stock Exchange was closed for the Independence Day holiday in the United States

The company said it intends to use the net proceeds it receives from the offering to make capital contributions to its insurance operating subsidiaries

Mr Smith succeeds Fiona Mitchell, who is leaving the reinsurance industry

The company said Mr Patel has more than 20 years of broad industry experience focused on leadership, strategy and analytics

Mr García Matas will be based in Sompo International’s new Madrid office and report to Jamie Cañellas, country manager insurance, Iberia

Business is booming for events space owner Cyniqua Anderson, but her business is still recovering from the ravages of the pandemic