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Bermudian-based Catalina Holdings (Bermuda) Ltd has completed the acquisition of a UK insurer in run-off. Catalina Holdings UK Ltd, the company’s wholly owned subsidiary, has acquired AGF Insurance Ltd from a subsidiary of Allianz SE, following appro...

Bermudian run-off specialist Catalina Holdings Ltd has agreed to buy the UK operations of Hartford Financial Services Group. The businesses come with assets of more than $1 billion and carry risks tied to asbestos and environmental insurance policies...

A multibillion dollar merger of two freight container companies, resulting in a Bermudian-based holding company, is a clear example of market confidence in Bermuda public companies. That’s the view of Steven Rees Davies, a Bermudian-based partner at ...

Law firm Appleby was an adviser in a $8.7 billion merger of two freight container leasing corporations. The merging of Triton Container International Limited and TAL International Group Inc, created a Bermudian-based holding company with $8.7 billion...

Catalina Holdings (Bermuda) Ltd is set to add to its run-off portfolio after agreeing to acquire a British subsidiary of Allianz. The Bermudian firm said its subsidiary, Catalina Holdings UK Ltd, had signed an agreement to acquire AGF Insurance Ltd f...

Bermuda notched up the highest number of merger and takeover transactions for five years in 2015. A total of 489 deals took place, with the combined value of $79.17 billion up 41 per cent up on the previous year and the largest percentage increase of...

LONDON (Bloomberg) — China’s biggest industrial companies want to buy insurers in 2016 as they seek to grow outside Asia as the domestic economy slows and falling insurance rates prompt more firms to do deals, according to Willis Towers Watson Plc. “...

The number of mergers and acquisitions using private-equity investment in Bermuda has rocketed to $3.3 billion, according to a new report. The deals included one of the top five offshore investments of the year — a $1.5 billion purchase of a minority...

Recent moves by leading global law firms to set up offices in Bermuda mark something of a watershed for our jurisdiction. Bermuda has been renowned for its strength and depth with regard to quality lawyers, however, it has not always been heralded fo...

Dear Sir, This letter is prompted by the report (September 22) that the local law firm Hurrion had merged with the international law firm Harneys. The question whether the Bermuda Government should permit foreign law firms to practice Bermuda law ...

The number of mergers and takeovers in Bermuda jumped by nearly half in the second quarter of this year. The 50 per cent spike in the second quarter compared to the first part of the year represented 127 deals. A report by legal firm Appleby in its O...

A boom in mergers and buyups in the reinsurance industry is set to continue into next year. Ratings agency Standard & Poor’s said that companies would continue to combine to prow business and demands for greater scale from clients. A report by Standa...