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Fortitude Re has formed a Bermudian-based multi-line reinsurer and has acquired a US life insurer. In addition, Fortitude Re’s subsidiary Fortitude Reinsurance Company Ltd — Bermuda’s largest multi-line reinsurer — has obtained approval to operate as...

Velocity Risk Underwriters LLC, the catastrophe-focused property and specialty insurance risks managing general agent founded by Bermudian-headquartered Nephila Capital, has been acquired by funds managed by Oaktree Capital Management LP. Oaktree is ...

Bermudian-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have completed their previously announced merger. The combined entity will operate as Apollo Global Management Inc, a high-growth alternative asset manager wit...

Bermudian-based multi-line reinsurer Fortitude Re has acquired two third-party administrators from AIG. Parent company Fortitude Group Holdings LLC said the acquisitions of Fortitude Life & Annuity Solutions Inc, a licensed life and annuity TPA, and ...

Monument Re’s Irish subsidiary, Monument Life Insurance DAC, has completed the acquisition of a closed-block portfolio of variable annuities from Athora Ireland plc, a wholly owned subsidiary of Athora Holding Ltd. The portfolio has been in run-off s...

Premia Holdings Ltd today closed on its latest acquisition, Navigators Holdings (Europe) NV and its subsidiaries, including property and casualty insurer Assurances Continentales NV (known as “ASCO”), located in Belgium, and its captive reinsurer Can...

DARAG Group, the legacy specialist, has entered into a stock purchase agreement and received the relevant regulatory approval for the purchase of a Texas-based insurer in run-off, it announced today. DARAG said it would look to use this insurer as it...

Bermudian-based specialty insurer Argo Group International Holdings Ltd has agreed to sell ArgoGlobal Holdings (Malta) Ltd and its subsidiaries to Riverstone Holdings Limited. The closing of the transaction is expected during the first half of 2022, ...

Bermudian-domiciled Monument Re Group, the reinsurer and asset consolidator, has through its subsidiary Monument Assurance Belgium completed the closing of the acquisition of the entire insurance portfolio and personnel of Integrale SA, the Belgian l...

Bermudian-based retirement services company Athene has agreed to acquire a controlling stake in the consumer-lending platform Aqua Finance in a deal valued at approximately $1 billion. The stake is to be acquired from funds managed by Blackstone Tact...

Bermudian-based Monument Re has agreed to sell Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc through its existing Netherlands-based platform, the Waard Group. The company said Robein Leven is a closed life insure...

IncubEx Inc, the company founded by the executive chairman of Bermudian-based Conduit Holdings Ltd, has acquired Insurwave Limited, the insurtech platform. Neil Eckert founded IncubEx in 2016. Conduit Holdings is the parent of Bermudian-based Class 4...