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Since early last summer, the US Federal Reserve has been talking about tapering. In order to support the economy during the pandemic, America’s central bank has been keeping longer-term interest rates artificially low by purchasing US Treasury bonds...

HSCM Bermuda is among the investors in a $60 million Series B funding round for Buckle Corp, the US-based inclusive tech-enabled financial services company. In addition to the $60 million in Series B financing, Buckle said HSCM Bermuda expanded the c...

Asset managers professionals, angel VCs and others interested in learning and networking with industry advocates have been invited to participate in a lunchtime webinar on Thursday to explore investing in psychedelic technology. The $60-million Cons...

HSCM Bermuda is among the lead investors in a $75 million capital raise by Gracie Point Holdings, LLC, the global provider of life insurance premium finance. Gracie Point said lead investors in the issuance of preferred equity were affiliated with Hu...

Bermuda-based Apex Group, the global financial services provider, is among the lead investors in a $25-million Series A funding round of Inveniam Capital Partners Inc. Inveniam’s software platform, Inveniam.io, is the operating system for real asset ...

Chief Justice Narinder Hargun has agreed with the joint provisional liquidators (JPLs) in the appointment of representatives for different classes of creditors in the winding up proceedings of Northstar Financial Services (Bermuda) Ltd and Omnia Ltd....

HSCM Bermuda is among the investors in a $110 million Series C capital raise by DealerPolicy, the insurance marketplace for automotive retail. The US company said the financing round was led by the Growth Equity business within Goldman Sachs Asset Ma...

The board of directors of Bermuda-based Everest Re Group Ltd has declared a dividend of $1.55 per share. The company said the dividend is payable on or before September 15 to all shareholders of record as of August 25. Everest Re raised its quarterly...

The net asset value per share of the financial services investment holding company, Somers Limited, has climbed from $19.78 at September 30 to $31.18 in the nine months to June 30. Shareholders’ equity improved a staggering 60.9 per cent from $422.1 ...

MS Amlin, the global re/insurer with an underwriting office in Bermuda, has invested in US-based Environmental, Social and Governance (ESG) focused managing general agency InQlusiv, LLC. The company recently announced a strategy of targeting high qua...

There are warnings about the future of a Caribbean insurer, in which a Bermuda company acquired a sizeable stake three years ago. The warnings came as Caribbean Information and Credit Rating Services Limited (CariCRIS) affirmed ratings for Beacon Ins...

LOM Financial Limited have declared net earnings of more than $8 million for the six months ending June 30, on gross revenues of nearly $15 million. It is a substantial improvement over the same period last year when the company made just over a mill...