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Apex Group Ltd, the Bermudian-based global financial services provider, has closed the acquisition of Best Alternative Advisory Services, an Indian-based boutique and specialised financial services provider for global asset managers. This acquisition...

Apex Group Ltd, the Bermudian-based global financial services provider, has acquired a majority shareholding in FTS, an award-winning tax services firm serving clients in the alternative investment and family office sectors. Apex said FTS, based in N...

Frontline Ltd and Euronav NV of Belgium are set to merge and create one of the largest oil tanker companies in the world. The parties have signed a term sheet – unanimously approved at board level – on a potential stock-for-stock combination between ...

The long term issuer credit ratings of Bermudian-headquartered Randall & Quilter Investment Holdings Ltd have been placed under review with developing implications by AM Best. R&Q has a long-term ICR of “bbb-” (Good). AM Best said the credit rating a...

Occam Underwriting, the London-based specialist lines-focused managing general agency, has completed the acquisition of Beech Underwriting Agencies Limited, having received the required approval from the Financial Conduct Authority in the United King...

Centaur Group, the Irish-headquartered global fund administration and fiduciary services provider with an office in Bermuda, is to become part of Waystone Group, an institutional provider of services to the asset management industry. The deal is subj...

Bermudian-based Mosaic Insurance has expanded its international transactional liability team in the United Kingdom, offering what it says is certainty amid an increasingly volatile cross-border deal environment. The company has added four employees t...

KPMG in Bermuda has sold its restructuring practice to Teneo, the New York-headquartered global CEO advisory firm. As part of the transaction, Mike Morrison and Charles Thresh will be leaving the firm to join Teneo, along with the restructuring team,...

Mike Morrison and Charles Thresh have joined Teneo following the global CEO advisory firm’s acquisition of KPMG's restructuring business in Bermuda. Morrison, who joins as co-chair, international financial centres, is the former CEO of KPMG in Bermud...

The cash consideration for the sale of Bermudian-based reinsurer Partner Re Ltd to French mutual insurer Covéa is to increase by $328 million. Sellers Exor, the diversified holding company controlled by the Agnelli family, said in their 2021 annual r...

Bermudian-headquartered Nephila Holdings Ltd has sold its interest in award-winning international MGA platform Volante Global to fintech company Acrisure. Nephila, a subsidiary of Markel Corporation, was the majority investor in Volante before its ac...

TeleBermuda International Limited has emerged as a prospective purchaser of cable television provider World on Wireless. TBi’s pole position to take over WoW was revealed by the Regulatory Authority of Bermuda, which has launched a public consultatio...