Log In

Athene Holding Ltd has closed a significant pension risk transfer transaction in connection with American department store chain JCPenney's pension plan termination. Under the terms of the transaction, the Bermudian-based financial services company s...

St. George’s Trust Company has donated $5,000 to the Bermuda Hospital Charitable Foundation to support the BHB’s KEMH Covid vaccination clinic. The Bermuda Hospitals Charitable Foundation last week launched an appeal together with the Bermuda Hospita...

Elementum, an alternative investment manager specialising in risk-linked investments, with principal offices in Bermuda and Chicago, has announced a new hire and a promotion. John Drnek is joining as general counsel, Elementum (Bermuda) Ltd, this mon...

Bermuda-based insurance companies Allianz and Monument Re have completed the sale of part of Allianz’s closed life book portfolio in Belgium. The sale concerns around 90,000 policies to Monument Assurance Belgium NV that are part of its closed classi...

A managing director of an alternative investment-focused financial services firm has spoken of his hope that it might open an office in Bermuda. Mark Jennings knows the island well. He worked and lived here for five years, starting in 2009. He is n...

Having assisted the community to the tune of $1.6 million last year, KPMG in Bermuda is not resting on its laurels. The organisation has laid out its intentions and commitments for the future, including its role in the community, and helping to prot...

EY has boosted its team in Bermuda with the appointment of restructuring professional Mike Penrose. He has joined the EY region of the Bahamas, Bermuda, British Virgin Islands and Cayman Islands, and will be based in Bermuda. He will focus on restruc...

Assured Guaranty Ltd has begun further expansion of its footprint in continental Europe. The Bermudian-based financial guaranty insurer said it has issued new financial guarantees through its French subsidiary, Assured Guaranty (Europe) SA. AGE is ra...

The insurance industry posted more merger and acquisition activity in 2020 than anticipated, despite Covid-19 related uncertainty, reveals the latest Deloitte 2021 Insurance M&A Outlook. The annual report examining insurance industry merger and acqui...

After a year of pandemic upheaval, business executives are feeling cautiously optimistic about the future, according to a survey released by EY. According to EY’s 23rd Global Capital Confidence Barometer, 23 per cent of leaders predict returning to p...

Bermudian-based AK Jensen Group Ltd has announced the acquisition of NexGen Management Ltd by locally-based AKJt Holdings Ltd, an affiliated company. The Group is a provider of turnkey trading and infrastructure solutions for fund managers. The compa...

Deloitte UK and the Institute of International Finance have released a report on survey findings taken from 80 global sustainability professionals and senior executives on the role of chief sustainability officers, addressing environmental, social an...