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Apex Group Ltd, the Bermudian-based global financial services provider, has expanded its North American presence with the acquisition of Prometa Fund Support Services Inc, a Manitoba-based provider of fund services. Prometa delivers fund services to ...

The Bank of N.T. Butterfield & Son Limited is buying trust business from one of Switzerland’s largest banks. An announcement datelined out of Zurich, Hamilton and Vaduz, said Credit Suisse has signed two agreements to sell different parts of the ...

Bermudian-based Global Cloud Xchange has announced the completion of 3i Infrastructure plc’s $512 million investment to acquire a 100 per cent stake in GCX. GCX is a global data communications service provider and owner of the world’s largest private...

Bermudian-based Apex Group Ltd, the global financial services provider, has made one acquisition, and closed on a second. Apex has acquired Mainspring, a UK-based provider of venture capital fund administration and accounting services. The organisati...

Sompo International, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance, has sold its Endurance at Lloyd’s run-off business to RiverStone Holdings Limited (RiverStone International). Sompo said that it e...

Compre, the international legacy group headquartered in Bermuda, has announced it has received regulatory approval to acquire the French medical malpractice portfolio from a European-based insurer for an undisclosed sum. The company said the deal, st...

Lombard International Group announced today that it has entered into a definitive agreement to sell its US and Bermuda business to BroadRiver Asset Management and its affiliated entities. Lombard International is a market leader in insurance-based we...

Compre, the international legacy group headquartered in Bermuda, has acquired the hospital liability portfolio of German insurer Basler Sachversicherungs-AG, an entity of the Baloise Group. The acquisition is subject to regulatory approval by the Ger...

Apex Group Ltd, the Bermudian-based global financial services provider, has acquired SandsPoint Capital Advisors, the US-headquartered professional services firm to the real estate market. SandsPoint provides advisory and consultancy services to alte...

Funds managed by Wafra Inc, the global alternative asset manager with a presence in Bermuda, have acquired a strategic minority ownership interest in Thompson Street Capital Partners. Thompson Street is a leading middle-market private equity firm bas...

Bermudian-based Signet Jewelers Limited, the world's leading retailer of diamond jewellery, has signed a definitive agreement to acquire Blue Nile Inc, an online retailer of engagement rings and fine jewellery, for $360 million in an all-cash transac...

Strategic Risk Solutions, the independent insurance company managers with an operation in Bermuda, has acquired Southern Cross, an insurance management services provider based in South Africa. Terry Petyt, the founder and CEO of Southern Cross, joins...