m Court: 29-Year-Old Man Pleads Not Guilty By bernews.com Published On :: Tue, 02 Aug 2022 11:40:10 +0000 A man appeared in the Supreme Court in connection with the murder of Daunte Woods, who was fatally stabbed in October 2020 in Sandys. 29-year-old Jahmari Beach pleaded not guilty to the unlawful killing of 27-year-old Daunte Woods, and he also denied a charge of carrying a knife in a public place. The matter was adjourned until […] Full Article All Court Reports Crime #MagistratesAndSupremeCourt #Murders
m Antoine Anderson Charged In Magistrates Court By bernews.com Published On :: Sat, 13 Aug 2022 21:45:44 +0000 44-year-old Antoine Anderson appeared in Magistrates Court charged with escaping lawful custody from the Prison Farm in St. George’s. It is related to an alleged incident earlier this week, and as it is an indictable offense he was not required to enter a plea. Anderson is due to reappear in the Supreme Court at the […] Full Article All Court Reports Crime News #AntoineAnderson #EscapedPrisoners #MagistratesAndSupremeCourt
m Appeal Dismissed In Attempted Murder Case By bernews.com Published On :: Wed, 24 Aug 2022 16:31:42 +0000 The court has dismissed an appeal by Jahmico Trott, who was convicted of offences including attempted murder. The ruling noted that “On 30 March 2021, following a retrial, Jahmico Trott [“the Appellant”] was convicted by a majority verdict [11-1] of a jury for the offences of: attempted murder; using a firearm to commit an indictable […] Full Article All Court Reports Crime #CrimeInBermuda #MagistratesAndSupremeCourt
m 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
m Two Men Charged With Attempted Murder In UK By bernews.com Published On :: Wed, 31 Aug 2022 12:48:35 +0000 Roger Lightbourne and Gary Smith have been charged with attempted murder in England, according to reports from the UK media and police. A statement from the Leicestershire Police said, “Two people have been charged with attempted murder after a man was found with stab wound injuries in Upperton Road, Leicester, last month. “Roger Lightbourne, 31, of […] Full Article All Court Reports Crime #InternationalCrime #MagistratesAndSupremeCourt #UnitedKingdom
m Court: 19-Year-Old Man Charged With Murder By bernews.com Published On :: Wed, 14 Sep 2022 16:44:11 +0000 A 19-year-old man was charged in Magistrates Court today [Sept 14] in connection with the fatal stabbing of 16-year-old Kanye Ford, which occurred in the car park of Horseshoe Bay on Friday September 9. Eze Hart of Southampton parish was not required to enter a plea as the charge must be heard in the Supreme Court, and […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #MurderofKanyeFord #Murders
m Man Pleads Guilty To 10 Counts Of Burglary By bernews.com Published On :: Sat, 15 Oct 2022 13:29:34 +0000 34-year-old Melvin Holdipp pleaded guilty to 10 counts of burglary and 4 counts of theft and was remanded into custody. A police spokesperson said, “Between the 30th of August 2022 and the 11th of October 2022, the Bermuda Police Service [BPS] investigated the reported burglaries of several local businesses, namely: Price Rite in Warwick Robin […] Full Article All Court Reports Crime News #CrimeInBermuda #MagistratesAndSupremeCourt
m 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
m Man Jailed For 12 Years For Ammunition By bernews.com Published On :: Mon, 17 Oct 2022 10:33:07 +0000 A 31-year-old man has been sentenced to 12 years in prison for possessing 32 rounds of ammunition. The ruling said, “The Accused, Mr. Christopher Perinchief, appears before the Court for sentence, upon his guilty plea entered on 21 June 2022, to the single Count on Indictment No. 7 of 2022 charging him with possession of […] Full Article All Court Reports Crime #CrimeInBermuda #MagistratesAndSupremeCourt
m Court: DeSilva & Harper Found Not Guilty By bernews.com Published On :: Tue, 18 Oct 2022 22:07:31 +0000 A jury has found Zane DeSilva and his daughter Zarah Harper not guilty, returning a unanimous not guilty verdict this afternoon [Oct 18] in the Supreme Court. The charges related to a party back in 2020, with the crown alleging that the defendants gave a Public Officer at the Ministry of National Security, information which they […] Full Article All Court Reports Crime News #BluParty20 #Covid19 #MagistratesAndSupremeCourt
m MP Zane DeSilva Charged In Magistrates Court By bernews.com Published On :: Wed, 26 Oct 2022 15:00:21 +0000 MP Zane DeSilva was charged today [Oct 26] in Magistrate’s Court with allegedly violating the Proceeds of Crime act. The charge alleged that between April 2018 and August 2018, he “entered into or became concerned in an arrangement, which you knew or suspected facilitated the use or control of criminal property by or on behalf […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #Savvy800
m 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
m Former RBR Commander Sentenced To Jail By bernews.com Published On :: Thu, 26 Jan 2023 10:11:15 +0000 [Updated with PDF] Former commanding officer of the Royal Bermuda Regiment [RBR] David Curley has been sentenced to six months in jail after admitting to a charge of official corruption A ZBM report said, “The 55-year-old former Lieutenant-Colonel had pleaded guilty to a charge of official corruption last July. His sentence totals 18 months, with […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #MilitaryAndRegiment
m Court: 38-Year-Old Man Pleads Guilty To Murder By bernews.com Published On :: Wed, 22 Feb 2023 20:17:25 +0000 A 38-year-old man appeared in the Supreme Court today [Feb 22], where he pleaded guilty to murder. Anthony Davis admitted to killing 28-year-old Morissa Moniz in November 2021. Puisne Judge Shade Subair-Williams set a sentencing date of March 27th and Davis will remain in custody. The police previously said that Ms Moniz was “found in an unresponsive […] Full Article All Court Reports Crime News #AnthonyDavis #MagistratesAndSupremeCourt #MorissaMoniz #Murders
m Cannonier & Watson’s Court Trial Delayed By bernews.com Published On :: Tue, 07 Mar 2023 23:48:48 +0000 The trial of Sophia Cannonier and Michael Watson has been delayed. The couple – who are accused of matters related to Covid-19 quarantine rules which are alleged to have occurred in July 2021 – appeared in Magistrates Court court this morning [March 7] however the matter was delayed, and another court date has been set, with a mention […] Full Article All Court Reports Crime News #CannWatsonMatter #Covid19 #MagistratesAndSupremeCourt
m Man Charged In Connection With Explosion By bernews.com Published On :: Tue, 02 May 2023 23:03:58 +0000 A 53-year-old man was charged in Magistrates Court today [May 2] in connection with the explosion at an apartment building in Southampton that resulted in the deaths of Jove and Oscar Mascarinas in May 2022. Robert Tota was charged in connection with the matter, and he was not required to enter a plea as the […] Full Article All Court Reports Crime News #Explosions #MagistratesAndSupremeCourt #May2022Explosion
m Man Sentenced To Prison For Causing Death By bernews.com Published On :: Tue, 19 Sep 2023 10:27:13 +0000 Christian Sousa Matias was sentenced to prison time for causing the death of Allen Trott by careless driving. The ruling said, “The Accused appears before this Court for sentence, having been convicted, upon his guilty pleas entered 3 April 2023, to a charge of causing death by careless driving contrary to 37A of the Road […] Full Article Accidents and fires All Court Reports Crime #Collision #FatalAccidents #MagistratesAndSupremeCourt #RoadTrafficFatality
m 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
m WRC Commends Verdict In Murder Case By bernews.com Published On :: Thu, 11 Jan 2024 17:22:09 +0000 The Women’s Resource Centre said they are “heartened by the guilty verdict in the Chavelle Dillon-Burgess case,” noting it “is a landmark case for Bermuda, and we recognise the efforts of the Bermuda Police Service in bringing Mr. Worrell before the courts and we wait with anticipation for his sentencing next month.” Their statement follows […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt
m CAA Grateful For Guilty Verdict In Murder Case By bernews.com Published On :: Fri, 12 Jan 2024 01:46:02 +0000 Noting they find “it very difficult to respond to a decision that is so tragic, and in no way reduces the tragedy of the loss of Chavelle Dillon-Burgess,” the Centre Against Abuse said they ”are grateful for the verdict of guilty of murder.” Their statement follows after Kamal Worrell was found guilty of the murder of Chavelle […] Full Article All Court Reports Crime News #ChavelleDillonBurgess #MagistratesAndSupremeCourt #Murders
m 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
m Court: Raheem Wray Found Not Guilty By bernews.com Published On :: Mon, 22 Jan 2024 22:47:09 +0000 Following a trial in the Supreme Court, Raheem Wray has been found not guilty of the murder of Osagi Bascome. Mr Bascome, a national level footballer, was murdered in December 2021. After a trial that began earlier this month, the jury of 10 women and two men returned the verdict of not guilty this evening. […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #Murders #OsagiBascome
m Police Comment Following Not Guilty Verdict By bernews.com Published On :: Tue, 23 Jan 2024 22:32:04 +0000 “We respect the integrity of the judicial process and accept the court’s decision,” the police said following the recent trial in the Supreme Court, adding that “it is essential that we come together as a community to show empathy and understanding, as we navigate the aftermath of this trial.” This follows after Raheem Wray was found not guilty of […] Full Article All Court Reports Crime News #BermudaPolice #MagistratesAndSupremeCourt #Murders #OsagiBascome
m Maurice Jones Jailed For 30 Years In UK By bernews.com Published On :: Fri, 19 Jul 2024 14:59:12 +0000 25-year-old Maurice Jones has been jailed for 30 years in the UK after being convicted of murdering a father while he was pushing his young son. A statement from the Wiltshire Police said, “Maurice Jones, 25, of Gainsborough Close, Bemerton Heath, was convicted of murder and possession of a bladed article following a two-week trial […] Full Article All Court Reports Crime News #InternationalCrime #MagistratesAndSupremeCourt #Murders #UnitedKingdom
m 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
m CG Completes Acquisition Of Massy United By bernews.com Published On :: Thu, 05 May 2022 14:19:32 +0000 Bermuda-based Coralisle Group [CG] has acquired a 100% interest in Massy United Insurance Ltd. of Barbados [United]. A spokesperson said, “United now operates within the Coralisle Group as CG United Insurance Ltd. [CG United]. The acquisition significantly expands CG’s presence across the Caribbean, adding 14 new markets where CG United operates. “These include Anguilla, Antigua & […] Full Article All Business News #BermudaBusiness #BusinessMergers #CGInsurance
m 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
m 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
m 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
m 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
m Cohort Merges With BM Corporate Services By bernews.com Published On :: Thu, 02 Feb 2023 13:41:57 +0000 Cohort Limited, which is a licensed corporate service provider, announced the merger with BM Corporate Services Ltd effective 3rd January 2023. The combined entity will trade and operate as Cohort Limited. Tracy Packwood, Director, Cohort Limited stated, “We are delighted to merge Cohort Limited and BM Corporate Services Ltd. We remain a manager-owned entity, involved […] Full Article All Business #BermudaBusiness #BusinessMergers
m 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
m IGI Announces Completion Of EIO Acquisition By bernews.com Published On :: Thu, 16 Mar 2023 20:42:08 +0000 International General Insurance Holdings Ltd. [IGI] announced the completion of the acquisition of Norway-based managing general agency Energy Insurance Oslo AS [EIO]. A spokesperson said, “The transaction included the acquisition of all outstanding shares of EIO. The entity, which is expected to be renamed IGI Nordic AS [IGI Nordic], is a subsidiary of Bermuda-based International […] Full Article All Business #BermudaBusiness #BusinessMergers
m 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
m 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
m 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
m 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
m 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
m ESC & Frameworks Merge Operations By bernews.com Published On :: Sat, 11 Nov 2023 11:20:18 +0000 ESC Limited and Frameworks announced the “successful merger of their operations” which they said “brings together both entities’ strengths, creating a comprehensive and seamless shopping experience. A spokesperson said, “The union of ESC and Frameworks, effective 31 May 2023, is a testament to their shared vision of providing customers with an integrated and comprehensive shopping […] Full Article All Business #BermudaBusiness #BusinessMergers
m 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
m Brookfield Completes $1.1B Acquisition Of Argo By bernews.com Published On :: Thu, 16 Nov 2023 15:44:03 +0000 Argo Group International Holdings, Ltd. today announced the completion of Brookfield Reinsurance’s acquisition of Argo in an all-cash transaction valued at approximately $1.1 billion. A spokesperson said, “Under the terms of the transaction, Brookfield Reinsurance acquired all issued and outstanding common shares of Argo at a price of $30 per share. Argo’s common shares have ceased […] Full Article All Business #ArgoGroupInternational #BermudaBusiness #BermudaInsurance #BusinessMergers
m BroadRiver Finish Lombard US/BDA Acquisition By bernews.com Published On :: Sat, 02 Dec 2023 22:45:10 +0000 BroadRiver Asset Management announced that it has “completed the acquisition of the US & Bermuda businesses [“Lombard US/BDA”] of Lombard International Group.” Andrew Plevin, Co-Founder and Co-CEO of BroadRiver, said: “This transaction is an outstanding opportunity for BroadRiver and its investors and an additional step in BroadRiver’s strategic expansion into the insurance sector. We look […] Full Article All Business #BermudaBusiness #BusinessMergers
m Northlight Acquires Carrick Group Limited By bernews.com Published On :: Tue, 09 Jan 2024 10:22:52 +0000 Carrick Group Limited, a Bermuda-based international non-life legacy insurance business providing reinsurance and run-off solutions, announced that it has been acquired by Northlight QIAIF plc, an Irish regulated company managed by London-based investment manager Northlight Group LLP from Zimmer Financial Services Group.” “Northlight is thrilled to acquire a run-off insurance platform with a strong team […] Full Article All Business #BermudaBusiness #BusinessMergers
m Apex Group Acquires Retransform From Annet By bernews.com Published On :: Tue, 09 Jan 2024 10:29:42 +0000 Apex Group announced an “exciting” start to 2024, having completed the acquisition of Retransform from The Annet Group. A spokesperson said, “Leading international financial services business Apex Group today announces an exciting start to 2024 after closing its acquisition of Retransform from The Annet Group. “Retransform is a global real estate provider offering Proptech, Technology […] Full Article All Business #BermudaBusiness #BusinessMergers
m Compre Completes Acquisition Of Two Portfolios By bernews.com Published On :: Wed, 10 Jan 2024 14:35:51 +0000 Compre, the Bermuda-domiciled international legacy group, today announces the acquisition of two portfolios of European casualty and motor liabilities from separate undisclosed international insurance groups. A spokesperson said, “All necessary approvals have been granted by Bermudian and European regulators, allowing Compre’s class 3B Bermudian reinsurer Pallas Reinsurance Company Ltd. to reinsure approximately €200m of reserves […] Full Article All Business #BermudaBusiness #BusinessExecutives #BusinessMergers
m Arch To Acquire Businesses From Allianz By bernews.com Published On :: Fri, 05 Apr 2024 14:34:10 +0000 Arch Insurance North America, part of Arch Capital Group Ltd, has entered into a master transaction agreement to acquire the U.S. MidCorp and Entertainment insurance businesses, including select specialty insurance programs, from Allianz Global Corporate & Specialty SE [AGCS] for a $450 million cash consideration to Allianz. A spokesperson said, “Arch estimates its capital requirement […] Full Article All Business #ArchCapital #BermudaBusiness #BusinessMergers
m Apex Group Acquires IP Management Company By bernews.com Published On :: Sun, 21 Apr 2024 10:00:10 +0000 Apex Group has acquired IP Management Company, a South African unit trust management firm. A spokesperson said, “Apex Group Ltd. [Apex Group or The Group], a global financial services provider, today announces its acquisition of IP Management Company [RF] [Pty] Ltd [IPMC], a South African unit trust management company [ManCo]. “This follows the recent acquisition […] Full Article All Business #BermudaBusiness #BusinessMergers
m BF&M & Argus Announce Merger Agreement By bernews.com Published On :: Fri, 28 Jun 2024 12:32:03 +0000 BF&M and Argus Group announced today that they “have signed a definitive amalgamation agreement, pursuant to which BF&M and Argus will combine in an all-stock transaction.” A spokesperson said, “The transaction is subject to required regulatory approvals and shareholder approval with a planned completion date for the amalgamation in the fourth quarter of 2024. The amalgamation “Under […] Full Article All Business News #ArgusGroup #BermudaBusiness #BF&MLimited #BFMArgusMerger #BusinessMergers
m Monument Re Acquires Portfolio From Contassur By bernews.com Published On :: Tue, 02 Jul 2024 22:43:28 +0000 Monument Re Limited announced today that its Belgian subsidiary Monument Assurance Belgium N.V. has completed the acquisition of a branch 21 closed book classical group life insurance portfolio from Contassur – Contibel Assurances Vie – Contibel Levensverzekeringen SA/NV [Contassur], following receipt of regulatory approval from the National Bank of Belgium. Koen Depaemelaere, CEO of Monument […] Full Article All Business #BermudaBusiness #BermudaInsurance #BusinessMergers
m Arch Completes Acquisition: Allianz Businesses By bernews.com Published On :: Fri, 02 Aug 2024 09:34:55 +0000 Arch Insurance North America, part of Arch Capital Group Ltd. announced it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz originally announced on April 5. A spokesperson said, “Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will provide continuity to clients and brokers as Arch […] Full Article All Business #ArchCapital #BermudaBusiness #BermudaInsurance #BusinessMergers