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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 ...

Enstar Group Limited has agreed to repurchase an aggregate of 3,749,400 ordinary shares of Enstar, held by funds managed by Hillhouse Capital Management. The Bermudian-based global insurance outfit said they will be repurchased for a price of $234.52...

Bermudian-based Apex Group Ltd has entered the German market with the acquisition of fund administrator mola-administration GmbH. The global financial services provider, which was set up on the island in 2003, said the strategic acquisition establish...

Athene Holding Ltd has led a minority investment in Challenger Ltd, an Australian investment management firm. The Bermudian-based financial services company said that, along with its strategic partner, Apollo Global Management, it has agreed to acqui...

Bermudian-based Arch Capital Group Ltd, along with investment partners Kelso & Company and Warburg Pincus, have announced completion of the previously disclosed acquisition of Watford Holdings Ltd. The re/insurer said Watford and Arch originally anno...

A subsidiary of Bermudian-based Arch Capital Group Ltd has announced plans to acquire Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates, subject to regulatory approval. The proposed acquisition by Arch Reinsurance Ltd will ...

Mergers and acquisitions specialists Stavan Desai and Katherine Spenner are joining Mosaic Insurance as the new Bermudian-based global specialty insurer builds out its transactional liability team in the United States. The company said both will be b...

A UK subsidiary of Bermudian-based Randall & Quilter Investment Holdings Ltd has acquired an Irish captive insurer. R&Q said Randall & Quilter II Holdings Ltd has received regulatory approval from the Central Bank of Ireland and has completed the acq...

Apex Group Ltd, the global financial services provider founded in Bermuda, has acquired Tzur Management, a fund administration services provider with offices in Tel Aviv and New York. Terms of the deal were not disclosed. Apex said the strategic dea...

A subsidiary of Bermudian-based holding company Monument Re Ltd has acquired a life insurance company with a market presence in Luxembourg, Belgium and Italy. Monument Assurance Luxembourg will acquire AME Life Luxembourg from French mutual insurance...

Compre, the international specialist legacy group with an operation in Bermuda, has announced the successful completion of its acquisition by private equity firm Cinven and British Columbia Investment Management Corporation. The company said all nece...