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 […]

[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 […]

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 […]

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 […]

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 […]

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 […]

[Updated] Former Senator Curtis Richardson was charged with causing the death of Marco Warren by driving without due care and attention. Appearing in Magistrates Court this morning [Nov 8], the 48-year-old was charged with causing the death of Mr Warren in May of this year by driving a vehicle, said to be a taxi, without due care […]

[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 […]

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 […]

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 […]

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 […]

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. […]

“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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 & […]

Apex Group Ltd. announced it has acquired the technology platform and conference business of Context365, “an established global provider of technology and events that connects alternative asset class investors with high quality asset managers.” A spokesperson said, “Context365 connects LPs and GPs through its software as a service [SaaS] digital networking and research platform, further […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Enstar Group announced that it has “entered into a definitive merger agreement under which Sixth Street will acquire Enstar, with Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors participating in the transaction. ” A spokesperson said, “Enstar shareholders will receive a total of $338.00 in cash per ordinary share of Enstar […]