Log In

The company has acquired New Jersey-headquartered First Indemnity of America Insurance Company

The new platform of roughly 12,000 professionals will include a united trans-Atlantic advisory and tax practice, as well as independent audit practices

The Bermudian-based company’s 12 very large gas carriers have been acquired by Singapore-headquartered BW LPG

Companies say the deal is expected to complete on January 6

Completion of the deal, first announced in August, followed the necessary regulatory approval

The New York-based global alternative asset manager has an office in Bermuda

Strategic move will accelerate the UK-based tax specialist’s product development and geographical expansion plans

Maiden General and Maiden Life were the principal operating subsidiaries of the company’s International Insurance Services platform

Provided the necessary approvals are given, the amalgamation of the two domestic insurers is expected to close on January 6

Japan’s largest life insurer already owned a 23 per cent stake in the Bermudian company, and will buy the rest for $8.2 billion

The two domestic insurers are moving toward a merger that was first announced in June

Both companies make major share acquisitions on the Bermuda Stock Exchange