[Written by Stephen Wright] Dara Alizadeh will step up his qualifying bid for the Olympic Games in Paris this summer at the World Rowing Americas Olympic and Paralympic Qualification Regatta in Rio de Janeiro, which starts on Thursday [March 14]. Alizadeh, who finished a respectable eighteenth in the men’s single sculls at the rescheduled Tokyo […]

Dara Alizadeh took to the waters in Rio de Janeiro, Brazil, for the 2024 World Rowing Americas Olympic Qualification Regatta. Competing in heat 3 of the men’s singles, Alizadeh finished 5th clocking a time of 7:48.45, he finished 29.99 behind the heat winner Javier Insfran from Paraguay. His positional finish of 11th overall moved Alizadeh […]

Dara Alizadeh was back in action in Rio de Janeiro, Brazil during the second day of the 2024 World Rowing Americas Olympic Qualification Regatta. In the Repêchage heat 2, Alizadeh finished 3rd clocking a time of 7:58.21, he finished 32.68 behind the heat winner Ignacio Vasquez from the Dominican Republic. Alizadeh advanced to the Repêchage […]

Dara Alizedah has qualified for the Olympic Games in Paris after finishing fourth in the men’s single sculls final at the World Rowing Americas Olympic and Paralympic Qualification Regatta in Rio de Janeiro this weekend. Alizedah needed a top-five finish to reach his second successive Olympics, having finished eighteenth at the rescheduled Tokyo Games in […]

[Written by Stephen Wright] Bermuda rower Dara Alizadeh says he is “over the moon” to have qualified for a second successive Olympic Games in Paris this summer. Alizadeh, who competed in the single skulls at the Tokyo Olympics, needed to finish in the top five of the 19 contenders at the World Rowing Americas Regatta […]

Dara Alizadeh began competing at the World Rowing Cup event in Lucerne, Switzerland. Competing in the men’s single sculls heat 5, Alizadeh finished 4th clocking 7:13.45 to advance to the quarter-finals. During the men’s single sculls quarter final Heat 4, he clocked a time of 7:22.98 crossing the line 5th. Related Stories Dara Alizadeh Begins […]

Dara Alizadeh concluded competing at the World Rowing Cup event in Lucerne, Switzerland. Competing in the men’s single sculls final D final, Alizadeh – who will be representing Bermuda at the upcoming Olympic Games — finished 2nd clocking a time of 7:05.35 Related Stories Dara Alizadeh Advances To Repêchage Final Alizadeh Wins Metropolitan Regatta Open Single […]

[Written by Stephen Wright] It is just 50 days until Bermuda’s athletes join more than 10,000 competitors from more than 200 nations at the Olympic Games in Paris – the largest sporting event organised in France. The opening ceremony for the 30th edition of the Summer Games promises to be an extravagant affair and the […]

Bermuda rower Dara Alizadeh competes in the World Rowing Cup III in Poznan, Poland, tomorrow [June 14] as he builds towards the Olympic Games in Paris next month. Alizadeh will race in heat one of the Men’s Singles Sculls at 6.45 am Bermuda time. The competition runs until Sunday. The 30-year-old finished second in the […]

The 2024 World Rowing Cup III in Poznan, Poland is underway, with Bermuda’s Dara Alizadeh in action. In the men’s single sculls, Alizadeh finished 4th in Heat 1 clocking a time of 7:27.03. Alizade then competed in the Repechage 2 Heat crossing the line second with a time of 7:28.61. Related Stories Dara Alizadeh Begins […]

The 2024 World Rowing Cup III in Poland continued with Dara Alizadeh back on the start line. Alizadeh — who will be representing Bermuda in the upcoming 2024 Olympics — competed in the men’s singles semi-final heat A where he clocked a time of 8:14.47 to finish 6th. Alizadeh will feature in the men’s singles […]

Rower Dara Alizadeh will continue his preparations for the Olympic Games in Paris when he competes at the Henley Royal Regatta. Alizadeh, who races in the men’s single sculls, is scheduled for his first race on Thursday [July 4] at the annual event, which finishes on Sunday. The 30-year-old will become the first Bermudian rower […]

[Written by Stephen Wright] Bermuda will be represented in Olympic rowing for a third straight Games when Dara Alizadeh competes tomorrow [July 27] – with the Bermuda Rowing Association already planning to continue that trend for the 2028 Los Angeles Games. Alizadeh is making his second Olympic appearance in the single sculls after debuting at […]

[Written by Stephen Wright] A swarm of Dara Alizadeh supporters, decked out in bright pink Bermuda t-shirts and “Go Dara!” caps, descended on the Vaires-sur-Marne Nautical Stadium to cheer on the Bermuda rower. More than 30 of Alizadah’s family and friends have travelled to Paris to support the 30-year-old, who took to the water today […]

[Written by Stephen Wright] Bermuda rower Dara Alizadeh – who is being cheered on by a 32-strong contingent of his family and friends who have traveled to Paris to support him –  is hoping to build upon his performance in the heats as he prepares to race again tomorrow [July 28] at the Olympic Games in […]

[Written by Stephen Wright] Bermuda rower Dara Alizadeh said he “gave everything” in the men’s singles sculls repechage race at the Varies-sur-Marne Nautical Stadium at the Paris Games today [July 28]. Alizadeh made a blistering start, leading for the first half of the race, and was in the top two qualifying positions with 200 metres […]

Bermuda has two athletes in action tomorrow [Monday July 29] at the Olympics, with rower Dara Alizadeh competing again and swimmer Emma Harvey set to make her Olympic debut, where she will compete in the 100m backstroke. You can view our full coverage of Bermuda’s athletes at the 2024 games here. Bernews will be providing comprehensive coverage […]

[Written by Stephen Wright] Dara Alizadeh has reflected on his rowing journey, from a 13-year-old who began competing for fun to becoming a two-times Olympian. Alizadeh closed the curtain on his Olympic campaign in Paris today [August 2], finishing fourth in the men’s single sculls E final at the Vaires-sur-Marne Nautical Stadium to place 28th […]

Over 100 local and visiting crew of pilot gig rowers will take part in the fourth International Pilot Gig Regatta, which is set to begin this Sunday [Oct 20]. A spokesperson said, “Over 100 local and visiting crew of pilot gig rowers will take to the waters of Bermuda for three days of racing on October […]

The Bermuda Pilot Gig Club’s BIG Regatta kicked off with intense competition as 16 crews were in action. A spokesperson said, “The Bermuda Pilot Gig Club’s BIG Regatta opened with thrilling competition on Day 1, despite challenging weather conditions. Northeasterly winds exceeding 20 knots and occasional squalls put the crews to the test, but the […]

The Bermuda Pilot Gig Club’s fourth International Gig Regatta concluded, with approximately 70 visiting rowers taking part in the event alongside local rowers. A spokesperson said, “The Bermuda Pilot Gig Club [BPGC] proudly hosted its fourth Bermuda International Regatta, an event that brought together pilot gig rowing enthusiasts and supporters from both local and international communities for […]

ILS Bermuda announced that Paul Craven,  an international speaker and specialist in behavioural science, will be the keynote speaker at ILS Bermuda’s Convergence 2024. A spokesperson said, “The event will take place from October 7–9, 2024, bringing together industry leaders and innovators to explore the latest trends and opportunities in the insurance-linked securities and alternative risk […]

Fidelis Insurance Group declared a dividend and announced a new share repurchase authorization. A spokesperson said, “Fidelis Insurance Holdings Limited, a global specialty insurer, announced today that its Board of Directors has approved and declared a dividend of $0.10 per share, payable on September 30, 2024, to common shareholders of record on September 16, 2024. “In addition, […]

Freisenbruch Insurance will close its office at 2:00 p.m. today due to Hurricane Ernesto. A spokesperson said, “As we prepare for the impacts of Hurricane Ernesto, we remain mindful of our obligations to keep our clients, our staff and our families safe. “Today [Friday] our office will close at 2:00pm and is scheduled to reopen […]

Skyah Walker and Charlie Thorpe completed internships at Wilton Re Bermuda Limited, gaining practical experience in actuarial and accounting tasks through the BILTIR program. A spokesperson said, “Skyah Walker and Charlie Thorpe were selected from a field of nearly two dozen applicants as this year’s summer interns at Wilton Reinsurance Bermuda Limited. Wilton Re has […]

The 17th annual PwC insurance and reinsurance forum is set to convene more than 300 industry leaders and professionals to discuss the pivotal trends and strategies shaping the industry landscape. A spokesperson said, “The PwC Insurance Summit, presented with the Financial Times, known for its comprehensive insights and thought-provoking discussions, will take place on 12 […]

Compre Group completed a $150 million reinsurance deal with Accelerant, approved by the Bermuda Monetary Authority. A spokesperson said, “Compre Group Holdings Limited [Compre], the Bermuda-domiciled international legacy and reinsurance group, today announced it has completed a legacy reinsurance transaction with Accelerant, the data-driven risk exchange, following approval by the Bermuda Monetary Authority. The transaction, […]

Total dedicated reinsurance capital in 2023 jumped by 7% to USD 568 billion, with an even larger increase projected for 2024, according to a new AM Best report. A statement from the ratings agency said, “The Best’s Market Segment Report, “Dedicated Reinsurance Capital Thrives in Hard Market,” is part of AM Best’s look at the […]

AM Best affirmed Global Atlantic Group’s excellent ratings, noting its “strong operating performance, neutral business profile and appropriate enterprise risk management.” A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a+” [Excellent] of Commonwealth Annuity and […]

Arch Capital Group announced that Daniel “Dan” J. Houston and Neal Triplett will join the Company’s Board of Directors, effective immediately. A spokesperson said, “Mr. Houston is a seasoned executive with a wealth of experience in the financial services sector. He is Chairman and CEO of Principal Financial Group, where he is responsible for overall […]

Lockton Re announced that Kristopher Lynn joined as a Senior Broker and Practice Leader for Agriculture, bringing nearly 20 years of industry experience to their Bermuda office. A spokesperson said, “Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, is pleased to announce that Kristopher Lynn has joined Lockton Re […]

Enstar Group Limited  has completed the previously announced transaction between one of its wholly owned subsidiaries with Insurance Australia Limited, on behalf of Insurance Australia Group [IAG], following receipt of the relevant regulatory approvals and satisfaction of the final closing conditions. A spokesperson said, “Under the terms of the adverse development cover [ADC] agreement, Enstar will […]

MultiStrat, the specialty reinsurance and capital advisory firm, has announced two senior promotions in its underwriting team as the company continues to build out its expertise, talent, capital, brokers, investors, and carrier partners in 2024 and 2025. A spokesperson said, “Kier James has stepped up from Vice President, Underwriting, to the role of Chief Underwriting […]

PwC hosted over 400 reinsurance executives across three events at the annual Rendez-Vous de Septembre [RVS] in Monte Carlo this week. A spokesperson said, “Key themes at this year’s RVS – the largest international gathering in the industry – were the ongoing hard market, improved resiliency of reinsurers, AI and concerns around increasing climate-related risks.” […]

Minister of Labour Jason Hayward gave a keynote address to help open the Bermuda Captive Conference yesterday [Sept 9], wishing attendees “a successful and productive conference.” Minister Jason Hayward said, “Good morning, everyone. I want to extend a warm welcome to all of you, especially our guests who have traveled from overseas to join us […]

Mosaic has added 13 leading US environmental risk specialists to its team as the company drives a strategic buildout of business across the Americas A spokesperson said, “The expansion marks the next stage of rapid growth for Mosaic’s Environmental Liability division which the company launched as its seventh line of business less than two years […]

Aon plc announced the expansion of its Bermuda reinsurance platform, adding five new team members to enhance local capabilities and drive growth, subject to immigration approvals. A spokesperson said, “Aon plc [NYSE: AON], a leading global professional services firm, today announced the significant expansion of its Bermuda reinsurance platform to augment transactional and capital optimization […]

Gallagher launched a new specialty insurance business in Bermuda, and has appointed Jasmine DeSilva as Managing Director of the new business. A spokesperson said, “Gallagher has launched a new business in Bermuda to support clients across the region with their specialty insurance solutions. “Gallagher already has a significant client base in Bermuda, along with treaty reinsurance […]

AM Best affirmed the ratings of Top Layer Reinsurance Ltd., with a stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “aa-” [Superior] of Top Layer Reinsurance Ltd. [Top Layer] [Bermuda]. The outlook of […]

[Written by Roxanne Christopher] September is Life Insurance Awareness Month, making it the perfect time to consider the benefits of life insurance for young adults. Life insurance is often seen as a financial product relevant only for older individuals or those with dependents. However, young adults, especially Millennials and Gen Z, have much to gain […]

Mosaic Insurance has “launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk.” A spokesperson said, “The new product offers coverage for physical loss or damage caused by acts of terrorism and sabotage, protecting artwork and other high-value contents housed in museums, […]

Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $363.4 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in July 2023 through July 2024 from Radnor Re 2024-1 Ltd., a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor Re 2024-1 Ltd. is not […]

Coralisle Group Ltd won two gold awards at the 2024 ARF David Ogilvy Awards for its creative work in Financial Services & Insurance and Best Emerging Brand. A spokesperson said, “Coralisle Group Ltd [CG] is proud to announce its double victory at the prestigious 2024 Advertising Research Foundation [ARF] David Ogilvy Awards, held last week […]

Mosaic Insurance appointed Francesca Harland as Global Head of Professional Liability, succeeding Anna Jay to boost the agency business and recognizing Harland’s contributions since the unit’s launch. A spokesperson said, “Mosaic Insurance has appointed Francesca Harland as its new Global Head of Professional Liability. “Harland, a leading underwriter in the unit since its inception, steps […]

Arch Capital Group Ltd. announced a $1.9 billion special dividend and also announced executive promotions. A spokesperson said, “Arch Capital Group Ltd. [NASDAQ: ACGL, Arch or the Company] today announced that its Board of Directors [Board] has declared a special cash dividend [special dividend] of $1.9 billion to common shareholders, representing $5.00 per outstanding common share. […]

Enstar  announced that one of its wholly-owned subsidiaries has entered into an adverse development cover [ADC] reinsurance agreement with certain subsidiaries of James River Group Holdings, Ltd. A spokesperson said, “Under the terms of the agreement, Enstar’s subsidiary will provide $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to […]

The 2020 NPC Worldwide Caribbean Grand Prix Bermuda has been postponed until December 4th, 2021. Ross Caesar and Dion Smith commented, “The decision to cancel the Bermuda Pro Qualifier was an enormous disappointment, a tough one, not only to the athletes, spectators, exhibitors, and professionals who were due to attend the show. “It was necessary […]

McKenzie Bean — a Bermudian who lives in Colorado — recently competed in the NPC Colorado Cup Bodybuilding Show, winning first place in the true novice category, and placing second in the heavyweight class, and fourth in overall novice. “Mr Bean, who has been training for 9 years, told Bernews, “My coach and I went […]

This year’s NPC Worldwide Caribbean Grand Prix Bermuda Pro Qualifier scheduled for November 20th, 2021 has been postponed. “The decision to postpone the Bermuda Pro Qualifier was an enormous disappointment, a tough one, not only to the athletes, spectators, exhibitors, and professionals who were due to attend the show,”  a spokesperson said. “It was necessary […]

Over one hundred pro hopeful bodybuilders and fitness athletes, both local and international are gearing up for this year’s Caribbean Grand Prix, to be held at the Ruth Seaton James Auditorium on Saturday, March 26th. “The competition is back after proving to be a major success in 2019 and gives athletes from anywhere in the […]