re Armed Robbery At Business In Devonshire By bernews.com Published On :: Tue, 24 Sep 2024 14:24:21 +0000 Police responded to a reported armed robbery at Mr. Chicken Express in Devonshire, with the suspect brandishing a knife and stealing a “draw containing a quantity of cash from the cash register.” A police spokesperson said, “Around 10:00 p.m. on Friday, September 20, 2024, police responded to a reported armed robbery at Mr. Chicken Express on […] Full Article All Crime News #ArmedRobbery #CrimeInBermuda
re 25-Year-Old Man Injured In Stabbing Incident By bernews.com Published On :: Tue, 24 Sep 2024 14:27:33 +0000 The police are investigating a stabbing incident which resulted in a 25-year-old man being injured. A police spokesperson said, “Shortly after 10:00 p.m. on Saturday, September 21, 2024, Police attended a report of a male at the King Edward VII Memorial Hospital [KEMH], seeking treatment for an apparent stab wound. “On arrival, officers spoke with […] Full Article All Crime News #CrimeInBermuda #StabbingsAndKnifeWounds
re Police Renew Appeal For Firearms Incident By bernews.com Published On :: Thu, 26 Sep 2024 14:18:21 +0000 The Bermuda Police Service thanked the public for their assistance with the investigation into the recent shooting, and appealed for more information as the investigation continues. A police spokesperson said, “The Bermuda Police Service wishes to thank those members of the public who have so far come forward in relation to the firearms incident which occurred […] Full Article All Crime News #CrimeInBermuda #Shootings
re Police Seize Firearms & Drugs Worth $700,000 By bernews.com Published On :: Tue, 01 Oct 2024 23:03:44 +0000 Police have arrested three men and “seized two firearms, a quantity of ammunition, as well as a large quantity of controlled drugs with a street value of over $700,000.” A police spokesperson said, “On Monday, September 30, officers from the Specialist Investigations Unit and Task Force conducted an operation that resulted in the arrests of […] Full Article All Crime News #CrimeInBermuda #DrugsInBermuda
re Two More People Arrested In Gun/Drug Matter By bernews.com Published On :: Thu, 03 Oct 2024 14:40:54 +0000 A 29-year-old man wanted in connection with the recent seizure of firearms, drugs, and ammunition turned himself in to police and “another male has also since been arrested in relation to this matter, making it five suspects arrested as part of this operation.” A police spokesperson said, “Around 10:40 a.m. on Wednesday, October 2nd, 2024, […] Full Article All Crime News #BermudaPolice #CrimeInBermuda #DrugsInBermuda
re Police Reminder To “Securely Lock Vehicles” By bernews.com Published On :: Mon, 07 Oct 2024 20:04:01 +0000 The Bermuda Police Service is reminding the public to “securely lock their vehicles before leaving them unattended” after four cars with keys left inside were stolen over the past nine days. A police spokesperson said, “Between Sunday, 29th September and Monday, 7th October 2024, four cars were reported stolen. Three of those vehicles were removed […] Full Article All Crime News #CrimeInBermuda #StolenCars
re Two Men Injured In Separate Incidents By bernews.com Published On :: Mon, 14 Oct 2024 19:42:06 +0000 In two separate incidents, a 35-year-old man “suffered a suspected stab wound to the upper torso,” and a 52-year-old man was reportedly assaulted with a machete. A police spokesperson said, “Shortly before 1:00am on Sunday, October 13, 2024, police responded to a reported assault at the Zen Lounge, Somerset Road, Sandys Parish. Upon arrival, officers were […] Full Article All Crime News #CrimeInBermuda #StabbingsAndKnifeWounds
re BPS Renew Appeal For Information On Shooting By bernews.com Published On :: Sat, 26 Oct 2024 01:33:42 +0000 Three years after the shooting at Robin Hood Restaurant, the police are urging anyone with information on this case to come forward. A police spokesperson said, “Around 6pm on Tuesday 26th October 2021, Police operations received several 911 calls from persons reporting gunshots from inside the Robin Hood Restaurant, located at #25 Richmond Road, Pembroke. “The […] Full Article All Crime News #CrimeInBermuda #RobinHoodShooting #Shootings
re Suspects Arrested In Connection With Murder By bernews.com Published On :: Wed, 30 Oct 2024 13:46:10 +0000 The Bermuda Police Service confirmed that “two male suspects have been arrested in connection with the murder of 17-year-old Ethan Arruda.” A police spokesperson said, “Mr. Arruda died after he sustained a stab wound to the chest. He had reportedly attended a party at a residence on Devonshire Bay Road, Devonshire, where approximately 100 people […] Full Article All Crime News #CrimeInBermuda #MurderOfEthanArruda #Murders #StabbingsAndKnifeWounds
re Police Release 2021 Official Statistics Report By bernews.com Published On :: Wed, 06 Nov 2024 11:39:37 +0000 The police have released their 2021 Official Statistics Report, noting that “while total crime was reduced, the Covid-19 regulations that were in effect throughout the year, limited gatherings and social activities, and so impacted crime patterns.” Mr. Darrin Simons, Commissioner of Police said, “The Bermuda Police Service [BPS] has released its Official Statistics Report for […] Full Article All Crime News #BermudaPolice
re Premier & Family Highlight Local Designer By bernews.com Published On :: Wed, 02 Aug 2023 22:46:16 +0000 Premier David Burt and his family released their annual Cup Match photo, featuring clothing by Bermudian designer, business owner and creative Jordan Carey, founder and Creative Director of the Loquat brand. A spokesperson said, “Premier David Burt, JP, MP and his family have today shared their annual Cup Match photo. “This year’s official photoshoot is particularly […] Full Article All Entertainment News Style & Beauty #CupMatch
re Aliana King Models For British Skin Care Line By bernews.com Published On :: Thu, 28 Sep 2023 10:10:23 +0000 Bermudian Aliana King has been featured by British beauty brand Charlotte Tillbury as a model for the company’s skin care products. Ms. King has also appeared in a number of other campaigns for well-known brands, including David Yurman, SKKN, FREDDY WR.UP, Nordstrom x Nike [NxN], Skims, Redken, L’Oréal, Aveda, Garnier, Maybelline, and Allure, as well as style magazines including Elle Australia, Vogue Mexico, Vogue Arabia, and Elle Mexico. […] Full Article All Entertainment Style & Beauty #AlianaKing #BermudianModels #GoodNews
re Online Store Mika + Co Now Open For Business By bernews.com Published On :: Thu, 28 Sep 2023 13:33:55 +0000 Online store Mika + Co. is offering a “thoughtfully curated selection of fashion, beauty, culinary, and home goods.” A spokesperson said, “Mika + Co. is making waves in the local retail scene with its thoughtfully curated selection of fashion, beauty, culinary, and home goods. This online lifestyle-concept store was founded by Kimberley Pearman-Dhingra, a fashion-forward […] Full Article All Business Entertainment Style & Beauty #BermudaBusiness
re Tassel Earrings To Support Breast Cancer Month By bernews.com Published On :: Mon, 09 Oct 2023 12:04:17 +0000 Tassel Bermuda has launched the “Adira” earring collection for Breast Cancer Awareness Month, with 15% of proceeds pledged to support the Bermuda Cancer and Health Centre. A spokesperson said, “Tassel Bermuda, the local polymer clay earring business, is proud to introduce its latest masterpiece, the “Adira” collection, a collaboration with the Bermuda Cancer and Health […] Full Article All Business News Style & Beauty #BermudaBusiness #CharityEvents #GoodNews #Jewellery
re Shiona Turini Styles Beyonce For Film Premiere By bernews.com Published On :: Tue, 28 Nov 2023 10:34:57 +0000 The US debut of “Renaissance: A Film by Beyoncé” took place in Beverly Hills this past Saturday, with Beyoncé styled by Bermuda’s Shiona Turini. As reported by the Daily Mail, the star-studded event was graced by celebrities like Laverne Cox, Tyler Perry, Kris Jenner, Corey Gamble, Gabrielle Union, Halle Bailey, Chloe Bailey, Winnie Harlow, and […] Full Article All Entertainment Style & Beauty #GoodNews #ShionaTurini
re Model Aliana King Featured In C Magazine By bernews.com Published On :: Mon, 04 Dec 2023 11:35:23 +0000 Bermudian model Aliana King made an appearance in the Winter 2023 edition of C Magazine as a face of Chanel’s cruise collection of clothing. The roller skating-themed campaign, dubbed “Skate It Till You Make It,” sees Ms. King “taking the L.A.-inspired Chanel cruise collection for a spin.” Ms. King has also appeared in a […] Full Article All Entertainment News Style & Beauty #AlianaKing #BermudianModels #GoodNews
re Remember When: Sports Illustrated In 1995 By bernews.com Published On :: Tue, 20 Feb 2024 18:02:47 +0000 It has been 29 years since Sports Illustrated released its swimsuit issue featuring supermodels, including Rebecca Romijn, Ashley Richardson, and Cheryl Tiegs, posing for shots in different locations throughout Bermuda. The multi-page spread entitled “Basking in Bermuda” was shot by Ron Labbe, with the text accompanying the photos including captions such as “There’s splendor in […] Full Article All Style & Beauty #SwimsuitModeling
re Aliana King Featured In Marie Claire Article By bernews.com Published On :: Sat, 23 Mar 2024 18:58:27 +0000 Bermudian model Aliana King has been featured once again, this time gracing the pages of a Marie Claire article exploring spring beauty trends. Ms. King has also appeared in a number of other campaigns for well-known brands, including Charlotte Tillbury, David Yurman, SKKN, FREDDY WR.UP, Nordstrom x Nike [NxN], Skims, Redken, L’Oréal, Aveda, Garnier, Maybelline, and Allure, as well as style magazines […] Full Article All Entertainment Style & Beauty #AlianaKing #BermudianModels #GoodNews
re TABS New Summer Print: Wild & Restrained By bernews.com Published On :: Tue, 28 May 2024 12:42:49 +0000 TABS Apparel is launching its latest print, dubbed Wild & Restrained. A spokesperson said, “TABS Bermuda, renowned for its distinctive and stylish collections, announces the launch of its latest print, Wild & Restrained. Created in collaboration with Lemoncello Design, this new design seamlessly blends Bermuda’s unique architecture with exuberant colors inspired by the island, and […] Full Article All Business Entertainment News Style & Beauty #BermudaBusiness #TabsShorts
re CedarBridge Students Nail Manicure Skills Test By bernews.com Published On :: Thu, 27 Jun 2024 15:47:31 +0000 [Written by Anya Thompson] The Signature Cosmetology Class at Cedarbridge Academy recently showcased their expertise in the manicure unit by inviting clients to experience a full hands-on service. This initiative allowed the students to demonstrate their skills and knowledge while being graded on various aspects of their performance. Hands-On Experience for Real-World Application The students […] Full Article All News Style & Beauty #BeautySalons #CedarBridgeAcademy #Education #GoodNews
re New York Times Features Shiona Turini By bernews.com Published On :: Mon, 22 Jul 2024 09:33:01 +0000 The New York Times featured Bermudian fashion expert Shiona Turini, in an article about her favorite jewelry, with the stylist to the stars noting that her necklace features a map of Bermuda and is locally made. The New York Times website said, “Somewhere at the bottom of the North Atlantic Ocean, in the middle of the […] Full Article All Entertainment Style & Beauty #GoodNews #Jewellery #ShionaTurini
re Jackson Inspired By NYC Model Experience By bernews.com Published On :: Mon, 16 Sep 2024 21:15:48 +0000 [Written by Stephen Wright] Sancho Jackson has reflected on his “inspiring experience” strutting down the catwalk at the recent New York Fashion Week Festival. The 22-year-old was selected to participate in The Model Experience, a coveted programme that offers aspiring models the chance to walk the runway, collaborate with brands and designers, share the stage […] Full Article All Entertainment News Style & Beauty #BermudianModels #FashionShow #NewYork
re Shiona Turini Named Among Best Dressed By bernews.com Published On :: Thu, 03 Oct 2024 19:26:29 +0000 Bermudian stylist Shiona Turini has been named one of the best dressed attendees at Paris Fashion Week by Essence. This is only the latest honour for Ms. Turini this year, after she was named Stylist of the Year for 2024 by Harlem’s Fashion Row in August, received the Diamonds Do Good’s ‘Diamond Influence Award’ in […] Full Article All Entertainment Style & Beauty #FashionShow #GoodNews #ShionaTurini
re Phoenix Stores To Carry Fenty Beauty Line By bernews.com Published On :: Thu, 03 Oct 2024 23:56:30 +0000 The Phoenix Stores has been awarded the exclusive rights to carry the iconic Fenty Beauty, Fenty Skin, and Fenty Fragrance lines at it’s 59 Front Street location. A spokesperson said, “Our team put in the work to craft a proposal to secure our spot as Bermuda’s go-to retail destination for the hottest beauty trends. “In […] Full Article All Business Entertainment News Style & Beauty #BeautySalons #BermudaBusiness #FentyBeauty
re Pink T-Shirts Launched For Cancer Awareness By bernews.com Published On :: Tue, 15 Oct 2024 09:53:31 +0000 Bermudian clothing brand Pressure ‘Til We Perish has launched a special line of pink t-shirts to support Breast Cancer Awareness Month. Brand owner Vincent Darrell explained that a portion of the sales would go directly to the Bermuda Cancer and Health Centre charity. “This campaign truly reflects the community Pressure ‘Til We Perish is building […] Full Article All Business Style & Beauty #CharityEvents
re Court: Three Men Charged With Murder By bernews.com Published On :: Mon, 18 Jul 2022 21:40:29 +0000 Three men were charged in connection with the murder of 19-year-old Letrae Doeman, who was fatally shot earlier this month. Appearing in Magistrates Court today, Quazori Brangman of Pembroke, Jukai Burgess of St. George’s and Nasaje Anderson of St. George’s were charged with the unlawful killing of Letrae Doeman and using a firearm to commit […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #MurderofLetraeDoeman #Murders #Shootings
re Three Men Charged In Magistrates Court By bernews.com Published On :: Fri, 26 Aug 2022 21:10:45 +0000 Three men appeared in Magistrate’s Court today [Aug 26] charged in connection with the death of Marcus Wilson, who was fatally stabbed earlier this month in Warwick. Jaja DeSilva, Isiah Smith and Omari Williams were charged in connection with the matter. The defendants, who are aged from 18 to their mid 20s, were not required to […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #MurderOfMarcusWilson #Murders #StabbingsAndKnifeWounds
re Court: Man Sentenced To Three Years In Jail By bernews.com Published On :: Sun, 16 Oct 2022 13:56:16 +0000 Jaha Mallory was sentenced to three years in prison and two years probation for wounding with intent to do grievous bodily harm. The ruling said, “The facts of this case were outlined in the Summary of Evidence read to the Court. In short, the Accused and the Complainant were personally known to one another before […] Full Article All Court Reports Crime News #CrimeInBermuda #MagistratesAndSupremeCourt
re Man’s Sentence Reduced Following Appeal By bernews.com Published On :: Tue, 03 Jan 2023 14:24:38 +0000 Christopher Perinchief — who was convicted of possession of ammunition without a licence — had his 12 year sentence reduced to 8.5 years following an appeal. The Court’s ruling said, “The Appellant in this case, Christopher Perinchief, pleaded guilty to possession of ammunition without a licence, contrary to section 3[1][a] of the Firearms Act 1973 […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt
re Court: Kamal Worrell Found Guilty Of Murder By bernews.com Published On :: Thu, 11 Jan 2024 00:15:10 +0000 [Updated] Following a Supreme Court trial, Kamal Worrell has been found guilty of the murder of Chavelle Dillon Burgess. In a special breaking news broadcast this evening [Jan 10], the Bermuda Broadcasting company reported the verdict, and you can watch below. Speaking after the verdict, Detective Chief Inspector Jason Smith said that that it was […] Full Article All Court Reports Crime News #ChavelleDillonBurgess #Murders
re Murder Trial Continues In Supreme Court By bernews.com Published On :: Thu, 18 Jan 2024 10:40:41 +0000 The murder trial of Raheem Wray — who is charged with murdering Osagi Bascome — continues in the Supreme Court, with Assistant Justice Mark Pettingill expressing concern about social media posts. Justice Pettingill reminded jurors not to view social media reports discussing the ongoing trial. The BBC reported that he did not specify the precise […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #Murders #OsagiBascome
re TBi Acquires WoW’s ‘Business & Certain Assets’ By bernews.com Published On :: Mon, 02 May 2022 19:43:40 +0000 TBi has ”acquired the business and certain assets” of WoW, with TBi saying they “have an exciting vision to take the company to new heights.” A spokesperson said, “TeleBermuda International Limited [TBi] today announced that it acquired the business and certain assets of World on Wireless Limited [WoW], acting by its Joint Provisional Liquidators [JPLs], Michael […] Full Article All Business News technology #BermudaBusiness #BusinessMergers #TBi
re Somers Shareholder Approve Merger With SNB By bernews.com Published On :: Wed, 20 Jul 2022 20:34:33 +0000 In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced that their shareholders “voted overwhelmingly” to approve the merger with SNB Investments Limited [SNB]. The full filing stated: “Somers Limited, a financial services investment holding company, is pleased to announce that further to the Company’s announcement on 8 July 2022, Somers’ shareholders voted […] Full Article All Business #BermudaBusiness #BusinessMergers
re Somers Announce Shareholders Approve Merger By bernews.com Published On :: Mon, 01 Aug 2022 20:32:35 +0000 In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced the “shareholder approval of merger with SNB Investments.” The full filing stated: “Somers Limited, a financial services investment holding company, announces that its Board of Directors has declared a dividend of $4.55 per share to be payable to shareholders of record on 4 […] Full Article All Business #BermudaBusiness #BusinessMergers
re Monument Re Complete Acquisition From Zurich By bernews.com Published On :: Fri, 04 Nov 2022 12:26:20 +0000 Monument Re announced today that its Isle of Man subsidiary Monument International Life Assurance Company Limited [MILAC] has completed the acquisition of the closed book portfolio of Zurich International Life Limited’s [ZILL] Singapore long term life insurance business. A spokesperson said, “The ZILL Singapore branch portfolio and employees have transferred into the Singapore branch of […] Full Article All Business #BermudaBusiness #BermudaInsurance #BusinessMergers
re Seadrill Limited To Acquire Aquadrill By bernews.com Published On :: Thu, 29 Dec 2022 10:28:12 +0000 Seadrill Limited and Aquadrill LLC announced that they have entered into a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. A spokesperson said, “Upon completion of the transaction Seadrill shareholders and Aquadrill unitholders will own 62% and 38%, respectively, of the outstanding common shares in the Company. The transaction values […] Full Article All Business #BermudaBusiness #BusinessMergers #Seadrill
re Apex To Acquire Irish Depositary Business By bernews.com Published On :: Wed, 25 Jan 2023 10:53:45 +0000 Apex Group announced the planned acquisition of Bank of America Custodial Services [Ireland] Limited, the Irish depositary business of Bank of America. A spokesperson said, “Apex Group Ltd. [Apex], a global financial services provider, announces today the planned acquisition of Bank of America Custodial Services [Ireland] Limited [BACSIL], the Irish depositary business of Bank of […] Full Article All Business #BermudaBusiness #BusinessMergers
re Essent To Acquire Title Insurance Operations By bernews.com Published On :: Sun, 05 Feb 2023 12:00:41 +0000 Essent Group Ltd. announced that it has entered into an agreement through its subsidiary Essent US Holdings, Inc. to acquire Agents National Title Holding Company and Boston National Holdings LLC from Incenter LLC, a subsidiary of Finance of America Companies Inc. for $100 million. A spokesperson said, “Agents National Title, based in Missouri, is a […] Full Article All Business #BermudaBusiness #BermudaInsurance #BusinessMergers
re West Hamilton: Agreement & Plan Of Merger By bernews.com Published On :: Tue, 14 Mar 2023 18:16:12 +0000 West Hamilton Holdings Limited has “entered into an agreement and plan of merger with Princess West Limited which will result in the sale of 69 and 71 Pitts Bay Road, representing approximately 86 percent of the Company’s property assets. The filing said, “In a filing with the Bermuda Stock Exchange West Hamilton Holdings Limited, is […] Full Article All Business #BermudaBusiness #BusinessMergers
re Apex Group Acquires Efficient Group By bernews.com Published On :: Sun, 19 Mar 2023 10:00:41 +0000 Apex Group Ltd., a global financial services provider, announced the planned acquisition of Efficient Group Ltd. A spokesperson said, “Efficient is the holding company of Boutique Collective Investments [RF] [Pty] Ltd [BCI] and Boutique Investment Partners [Pty] Ltd [BIP] and following the completion of the acquisition, Efficient Group [Pty] Ltd will be rebranded under the […] Full Article All Business #BermudaBusiness #BusinessMergers
re Clarien Acquires Omnium Group Of Companies By bernews.com Published On :: Tue, 04 Apr 2023 00:22:50 +0000 Clarien Bank Limited has signed an agreement to acquire Omnium Trust Company Limited [Omnium Trust] and Omnium Corporate Services Limited [Omnium Corporate Services], a boutique practice offering quality trust and corporate administration services. A spokesperson said, “The terms of the acquisition, which strengthens Clarien’s aspiration to be Best Wealth Manager in Bermuda, are private and […] Full Article All Business News #BermudaBanks #BermudaBusiness #BusinessMergers #ClarienBank
re Arch Insurance Acquires Thimble By bernews.com Published On :: Thu, 13 Apr 2023 09:34:49 +0000 Arch Insurance announced it has acquired Thimble, a leading insurtech platform for small business customers and agents. A spokesperson said, “Thimble enables small businesses to quickly get insurance coverage by the job, month or year using its award-winning app, website, or over the phone. “The acquisition expands Arch’s suite of digital solutions for small business […] Full Article All Business #ArchCapital #BermudaBusiness #BusinessMergers
re RenaissanceRe To Acquire Validus Reinsurance By bernews.com Published On :: Tue, 23 May 2023 00:50:45 +0000 Renaissancere Holdings announced it has “entered into a definitive agreement with American International Group, Inc., whereby RenaissanceRe will acquire AIG’s treaty reinsurance business, which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd. and its managed funds, and all renewal rights to the Assumed Reinsurance Treaty Unit of Talbot.” A spokesperson said, “AIG […] Full Article All Business #BermudaBusiness #BusinessMergers #RenaissanceRe #ValidusHoldingsLtd
re Monument Re Acquires Portfolio From Federale By bernews.com Published On :: Wed, 02 Aug 2023 19:32:24 +0000 Monument Re announced today that its Belgian subsidiary Monument Assurance Belgium has completed the acquisition of a run-off block of retail life policies, annuities and associated assets from Federale Verzekering [Federale]. Koen Depaemelaere, CEO of Monument Assurance Belgium stated that “We are pleased to have completed this transaction with Federale as it represents a positive […] Full Article All Business #BermudaBusiness #BermudaInsurance #BusinessMergers
re Artex Acquires Frontier Financial Services By bernews.com Published On :: Tue, 12 Sep 2023 18:50:05 +0000 Arthur J. Gallagher & Co. announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired Bermuda-based Frontier Financial Services Limited. A spokesperson said, “Frontier is a management firm specializing in consulting, recruitment, business services and immigration services to reinsurance and insurance-linked securities clients in Bermuda. Peter Brodsky, Derek Winch and their team […] Full Article All Business #BermudaBusiness #BusinessMergers
re Nascent To Acquire Bermuda Compliance By bernews.com Published On :: Thu, 28 Sep 2023 14:04:30 +0000 Nascent Group Ltd. announced that it has signed an agreement to acquire Bermuda Compliance Consultants Ltd, and the acquisition is expected to close in the fourth quarter of 2023. A spokesperson said, “Founded and headquartered in Bermuda, Bermuda Compliance Consultants Ltd. [BCCL] provides compliance advisory services to the insurance and the fund markets. Alison Morrison, […] Full Article All Business #BermudaBusiness #BusinessMergers
re RenaissanceRe Acquires Validus Reinsurance By bernews.com Published On :: Wed, 01 Nov 2023 14:41:13 +0000 RenaissanceRe Holdings Ltd. has completed its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc. A spokesperson said, “RenaissanceRe Holdings Ltd. today announced that it has concluded its acquisition of Validus Re, the treaty reinsurance business of American International Group, Inc which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat […] Full Article All Business #BermudaBusiness #BusinessMergers #RenaissanceRe #ValidusHoldingsLtd
re ABIR Congratulates RenRre On Acquisition By bernews.com Published On :: Tue, 07 Nov 2023 12:58:19 +0000 The Association of Bermuda Insurers and Reinsurers [ABIR] said they “welcomed the news that RenaissanceRe Holdings Ltd. has successfully closed its acquisition of Validus Re and its subsidiaries from American International Group [AIG].” A spokesperson said, “ABIR member RenaissanceRe becomes the fifth-largest property and casualty reinsurer in the world after the acquisition of Validus, which […] Full Article All Business #ABIR #BermudaBusiness #BusinessMergers #RenaissanceRe #ValidusHoldingsLtd
re Fleming Insurance To Acquire JRG Reinsurance By bernews.com Published On :: Fri, 10 Nov 2023 11:05:01 +0000 Fleming Insurance Holdings, a provider of capital solutions to P&C insurers globally, has entered into an agreement to acquire JRG Reinsurance Company Ltd. from James River Group Holdings, Ltd. A spokesperson said, “This is a transformational transaction contributing to Fleming’s growth plan with the addition of complementary infrastructure, a strong balance sheet and capital base, […] Full Article All Business #BermudaBusiness #BermudaInsurance #BusinessMergers
re Arch US MI To Acquire RMIC Companies By bernews.com Published On :: Mon, 13 Nov 2023 14:05:12 +0000 Arch U.S. MI Holdings, a wholly owned subsidiary of Arch Capital Group Ltd., has entered into a definitive agreement to acquire RMIC Companies, Inc. [RMIC] and its subsidiaries that together comprise the run-off mortgage insurance business of Old Republic International Corporation. A spokesperson said, “Once the transaction is closed, RMIC’s $1 billion risk in force […] Full Article All Business #ArchCapital #BermudaBusiness #BusinessMergers