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Howden, the international insurance broker, has acquired Bermuda-based Foram Brokerage Ltd, the independent re/insurance broker. Howden said that the acquisition affirms its commitment to the Bermudian market and provides clients with access to an ex...

Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has agreed to acquire Diamonds Direct USA Inc in a $490 million deal. Signet said that Diamonds Direct is an off-mall, destination jeweller in the United Stat...

Bermuda-based Argo Group International Holdings Ltd has agreed the sale of its Brazilian operations. The underwriter of specialty insurance said that it has agreed to sell Argo Seguros Brasil SA to Spice Private Equity Ltd, an investment company focu...

Bermuda-based Sompo International Holdings Ltd has reached agreement to purchase a leading company in the Italian agriculture insurance market. Sompo International said the transaction to acquire ARA 1857 S.p.A.- Assicurazioni Rischi Agricoli VMG 185...

Bermuda-based Coralisle Group Ltd is to expand its Caribbean presence with the acquisition of a 100 per cent interest in Massy United Insurance Ltd of Barbados. The transaction is subject to regulatory approval in relevant jurisdictions. The company...

A wholly-owned subsidiary of Bermuda-based insurer Enstar Group Limited has completed the purchase of the entire 27.7 per cent interest in Enhanzed Reinsurance Ltd previously held by an affiliate of Hillhouse Group. The company said the purchase pric...

Bermuda-based Arch Capital Group Ltd has completed the previously disclosed acquisition of Australia’s Westpac Lenders Mortgage Insurance Limited. WLMI is an Australian Prudential Regulation Authority authorised captive lenders mortgage insurance pro...

Bermuda-based global financial services provider Apex Group Ltd appears on pace to complete a $2.07-billion (1.51-billion pound) acquisition of British asset management services provider, Sanne Group Plc. A joint statement said they reached an agreem...

A subsidiary of Bermuda-based Arch Capital Group Ltd has completed the previously disclosed acquisition of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates. Arch Reinsurance Ltd originally announced its planned acquisition...

24 Exchange Bermuda Ltd has acquired New York-based technology and service provider 11B Technologies. The Bermuda-based company operates the multi-asset class trading platform, 24 Exchange. Dmitri Galinov, chief executive officer and founder of 24 Ex...

Somers Limited has completed the $72.8 million sale of Bermuda Commercial Bank to a new company led by Bermuda resident Chris Maybury. Somers said all conditions relating to the sale, first announced last November, of Bermuda Commercial Bank Limited...

Vantage Group Holdings Ltd has acquired an Illinois domiciled domestic surplus lines insurance company licensed in 47 states. The Bermudian-based speciality re/insurance group said the acquired company - Crystal Ridge Specialty Insurance Company Inc ...