Bermuda Olympian Dara Alizadeh continued competing in the 2024 NSW Rowing Championships, hosted by the Sydney International Regatta Center in Australia. Alizadeh competed in the men’s championship elite eight in the boat of UTS, with he and his teammates finished second by clocking a time of 5:54.64. He also competed in the championship men’s elite […]

[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 […]

Dara Alizadeh – who will be representing Bermuda in the upcoming Olympics — began competing in the Henley Royal Regatta, hosted by the Rowing Club in Henley-on-Thames, England. Alizadeh took to the water. Competing in the diamond challenge sculls Alizadeh was defeated by Daniel Gutierrez, Team España, Spain by 5 lengths. Related Stories Alizadeh To Race At […]

Dara Alizadeh – in an interview with Bermuda women’s football captain Eva Frazzoni — said he is looking forward to an Olympic Games with “fans in the stands” after competing in an empty venue at the Tokyo Games three years ago, noting that the best part is that his family will be able to watch him compete […]

[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 […]

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 […]

Bermudian Dara Alizadeh has announced his retirement from rowing after reflecting on his “incredible experience” at the Olympic Games in Paris. The two-times Olympian finished fourth in the men’s single sculls E final at the Vaires-sur-Marne Nautical Stadium to place 28th overall. Alizadeh, 30, wrote on social media yesterday [August 20]: “It’s been a couple […]

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 […]

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] for Athora Life Re Ltd. and Athora Ireland plc. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Athora […]

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 […]

Everest Group, Ltd.  has named industry leader Bill Hazelton Executive Vice President of Everest Insurance & President of North America Insurance. A spokesperson said, “Mr. Hazelton most recently served as Head of US Retail Casualty and Industry Practices for Everest Insurance. Prior to Everest, Mr. Hazelton spent three decades in various leadership roles across underwriting, claims […]

Darag Group announced that it has “agreed to sell, subject to regulatory approvals, its North American and Bermuda business entities to the RiverStone Group.” A spokesperson said, “The sale is expected to close by year end. Darag’s North American and Bermuda business has built a reputation as the leading player in its niche market. Darag and […]

AM Best has assigned a Financial Strength Rating of A- [Excellent] and a Long-Term Issuer Credit Rating of “a-” [Excellent] to Martello Re Limited. The outlook assigned to these Credit Ratings [ratings] is stable. A statement from the ratings agency said, “The ratings reflect Martello Re’s balance sheet strength, which AM Best assesses as very strong, as […]

International General Insurance Holdings declared an ordinary common share dividend of $0.025 per share. A spokesperson said, “International General Insurance Holdings Ltd. today announced that its Board of Directors has declared an ordinary common share dividend of $0.025 per share for the period April 1, 2024 – June 30, 2024. The dividend is payable on […]

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 has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” [Excellent] of Nissan Global Reinsurance, Ltd. [NGRe] [Hamilton, Bermuda]. A statement from the ratings agency said, “The outlook of these Credit Ratings [ratings] is stable. “The ratings reflect NGRe’s balance sheet strength, which AM Best assesses […]

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 […]

Enstar Group Limited announced that its 35-day “go-shop” period ended without receiving any alternative acquisition proposals, as part of its $5.1 billion merger agreement with Sixth Street. A spokesperson said, “Enstar Group Limited Today announced the expiration of the 35-day “go-shop” period as provided in the previously announced definitive merger agreement, pursuant to which Sixth […]

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 […]

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 […]

Deloitte Bermuda announces the addition of two partners to its team, pending approval from the Department of Immigration; Lewis Lo, Partner in Audit & Assurance, and Marcin Czarnocki, Partner in Financial Advisory. Mr Lo has been a Deloitte professional for over 13 years. He serves clients in the Investment Management and [Re]insurance industries, including investment […]

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, […]