l Photos: Phoenix Hold Fenty Beauty Launch By bernews.com Published On :: Fri, 25 Oct 2024 17:45:04 +0000 Phoenix Stores held its Fenty Beauty launch event yesterday [Oct 24] at its 59 Front Street location. A spokesperson previously 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. “To celebrate, the line will debut at a special launch […] Full Article All Beauty/Fashion Business Entertainment News Photos Style & Beauty #BermudaBusiness #FentyBeauty #GoodNews
l 18-Year-Old Charged After Incident At Divots By bernews.com Published On :: Thu, 26 May 2022 00:15:57 +0000 An 18-year-old was charged in Magistrates Court today [May 25] in connection with the firearm incident at Divots earlier this month. ZBM reported that Josiah King was charged with counts including carrying a firearm in a public place, possession of a firearm and possessing ammunition. He was not required to enter a plea as the […] Full Article All Court Reports Crime News #CrimeInBermuda #Shootings
l Court: Suspended Sentence For Willful Damage By bernews.com Published On :: Thu, 09 Jun 2022 21:17:09 +0000 A man who pleaded guilty to willful damage in connection with car fires was given a suspended sentence, with the Judge noting the accused was the recent victim of a burgled home shortly prior to his commission of the offence and he was unable to retrieve his medication. Justis Iris appeared before the Court for sentence following […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #VehicleFires
l Court Dismisses Appeal From Man Asleep In Car By bernews.com Published On :: Tue, 28 Jun 2022 17:34:34 +0000 The Court has dismissed an appeal from Sabur Burrows – who was convicted after being found asleep in his car — stating it “sees no reason to disturb the Magistrate’s finding and the sentence he imposed.” The ruling said, “Mr. Burrows was found at 3.30 a.m. on 26th June 2020 asleep in his car in […] Full Article All Court Reports Crime #DrunkDriving #MagistratesAndSupremeCourt
l Court Of Appeal Ruling In Bishop Splatter Case By bernews.com Published On :: Fri, 15 Jul 2022 10:02:47 +0000 The Court of Appeal ruled that the “Chief Justice was wrong to conclude that the Respondent’s right to freedom of expression under section 9 of the Constitution was violated by the pursuit of criminal proceedings in this case”, in relation to former police officer Barbi Bishop who was alleged to have posted an ‘All Lives […] Full Article All Court Reports News #MagistratesAndSupremeCourt #SplatterPost
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l Charlton Loses Appeal In Sexual Assault Case By bernews.com Published On :: Wed, 28 Dec 2022 22:35:47 +0000 The court has dismissed an appeal from Ray Charlton against his conviction for intrusion of privacy and sexual assault, with Charlton lodging an appeal claiming “involuntary intoxication”. The ruling noted, “This is an appeal against Magistrate Mr. Craig Attridge’s finding of guilt against the Appellant on Counts 1 and 3 of Information 19CR00139 which consists […] Full Article All Court Reports Crime News #CrimeInBermuda #MagistratesAndSupremeCourt #SexualAssault
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 18-Year-Old Charged With Fatal Stabbing By bernews.com Published On :: Tue, 28 May 2024 10:56:34 +0000 An 18-year-old male has been charged in connection with the fatal stabbing of 20-year-old Zijae Jones, which occurred at Horseshoe Bay Beach on Bermuda Day Dahny Simmons-Outerbridge, of Warwick, was charged with killing Zijae Jones. He was also charged with being in possession of a knife in a public place. Simmons-Outerbridge was not required to enter a […] Full Article All Court Reports Crime News #CrimeInBermuda #MagistratesAndSupremeCourt #Murders #StabbingsAndKnifeWounds
l Court: 18-Year-Old Charged With Shooting By bernews.com Published On :: Fri, 31 May 2024 09:54:23 +0000 An 18-year-old appeared in Magistrates Court in connection with a shooting on May 2nd. 18-year-old Kentaro Bean, of Devonshire, faces multiple charges relating to discharging a firearm and possessing ammunition and a firearm. His bail was set at $50,000 with a like surety and he was placed under 24-hour house arrest with an electronic monitoring device, […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt #Shootings
l 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
l Privy Council Quashes Washington’s Conviction By bernews.com Published On :: Fri, 01 Nov 2024 13:12:59 +0000 The Judicial Committee of the Privy Council in the UK has formally quashed Julian Washington’s conviction for murder and attempted murder. A spokesperson said,, “To secure Julian’s conviction, the prosecution in Bermuda relied upon the testimony of a DNA expert at trial. The jury were told Julian’s DNA was found on bullet casings recovered from […] Full Article All Court Reports Crime News #MagistratesAndSupremeCourt
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l 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
l RiverStone International Acquires Catalina Ireland By bernews.com Published On :: Tue, 06 Feb 2024 11:58:24 +0000 RiverStone International has completed the acquisition of Catalina Insurance Ireland, an Irish insurance company regulated by the Central Bank of Ireland. The transaction received regulatory approval in January and closed on 2 February 2024. Catalina Insurance Ireland has total reserves of approximately US$350 million emanating mainly from a German med-mal portfolio and a UK and […] Full Article All Business #BusinessMergers