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Starr Insurance Companies has announced an agreement with FPG Insurance Holdings Limited (HK) and local Thai shareholders to purchase FPG Insurance Public Company Limited, a Thai non-life insurance company, together with local Thai parties. Starr sai...

In November 2020, government announced it was finalising plans for a new vertical farming facility that could potentially produce 30 per cent of the island’s leafy greens. While nothing concrete has yet come of that proposal, horticulturalist Aaron ...

AM Best has removed Coralisle Group Ltd’s subsidiaries from “under review with developing implications” and affirmed CG’s credit rating following its acquisition this month of Barbados-based Massy United Insurance Ltd, the Bermudian-based insurer rep...

The Bermuda Monetary Authority confirmed the registration of seven insurers in April, taking this year’s number of new registrants to 27. The BMA approved three restricted special purpose insurers – Gateway Re Ltd, Long Point Re IV Ltd and Yosemite R...

Nayms has graduated from the Bermuda Monetary Authority’s regulatory sandbox to become the world’s first, fully regulated crypto-native insurance marketplace, the Bermuda Business Development Agency announced. The BDA said Nayms bridges legacy insura...

Artex, an alternative risk solutions company, has announced the transition of Horseshoe to Artex. Artex expanded its ILS offerings with the acquisition of Horseshoe in 2019. “Horseshoe has always been more than just an ILS specialist firm and the Art...

California-based Altamont Capital Partners has acquired a majority stake and made a $150 million growth capital commitment to Fleming Holdings, the property and casualty insurance capital solutions business that includes Bermudian-based Fleming Reins...

Beyond Cancer Ltd, an exempted company registered in Bermuda, has appointed Susan Howell Jones as chief financial officer. Beyond Cancer, an affiliate of Beyond Air Inc, is a development-stage biopharmaceutical and medical device company utilising ul...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, has appointed industry veteran Nick Pascall to the role of head of London and international casualty. Mr Pascall will be responsible for driving the London and international c...

The board of directors of Bermudian-based RenaissanceRe Holdings Ltd has announced a quarterly dividend of $0.37 per common share. The dividend is payable on June 30 to shareholders of record on June 15. The board has also approved a renewal of RenRe...