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Bermudian-based reinsurer Ariel Re has sponsored a 144A index-triggered catastrophe bond issued by Bermuda special purpose insurer Titania Re Ltd. The company said Titania Re will provide $175 million of multiyear collateralised reinsurance cover to ...

SiriusPoint Ltd, the Bermudian-headquartered global specialty re/insurer, has announced a strategic investment in PolicyMe Corp, a digital life insurance provider specialising in Canadian individual term life insurance. The company said PolicyMe aims...

Banyan Risk Ltd, the managing general agent that set up in Bermuda this summer, is to launch its first international subsidiary in Canada. Banyan underwrites directors’ and officers’ insurance risk solutions in complex risk areas including life scien...

The RG/BSX Index finished unchanged at 2,595.09 on the Wednesday before Christmas, in the absence of activity on the Bermuda Stock Exchange. On the New York Stock Exchange, the Bank of Butterfield was up 22 cents (0.59 per cent), closing at $37.55.

When Answer Styannes was born, she was the answer to her parents prayers, hence her name. Thirty three years later, she might be the answer to the prayers of local anime lovers. Last summer, Ms Styannes, set up Anijoy, an online business selling me...

A Bermudian-based re/insurer has played a prominent role in the world’s largest debt-for-nature restructuring project focusing on marine conservation. Sovereign Risk Insurance Limited, a Chubb company, which is based on the island, and Chubb Global M...

WISTA Bermuda, the local chapter of the Women’s International Shipping & Trading Association, has given festive season gift boxes to the seafarers who visit the port of Hamilton. The gift boxes brimming with personal care items and seasonal treats we...

Bermudian-headquartered Nephila Capital is to launch a new ILS investor-backed Lloyd’s specialty syndicate, 2358. The investment manager said the syndicate would allow Nephila investors the opportunity to access the specialty insurance market in addi...

Bermudian-based Athene Holding Ltd, the financial services company focused on retirement savings solutions, has entered into a definitive agreement to acquire Petros PACE Finance, LLC. Petros PACE Finance is a provider of commercial property assessed...

Bermudian-domiciled reinsurer and asset consolidator Monument Re Group and Axa Belgium have agreed the transfer of a run-off life insurance portfolio. The transaction, through Monument Re’s subsidiary Monument Assurance Belgium, involves the transfer...