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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...

Bermuda-based Signet Jewelers Limited, the world's largest retailer of diamond jewellery, has finalised its acquisition of Diamonds Direct USA Inc for $490 million in cash. The company said that this reflects approximately a 1.1x multiple on annualis...

Bermuda-based Athene Holding Ltd and New York-headquartered Apollo Global Management Inc have called special general meetings of shareholders to approve the previously announced proposed merger of the two organisations. Apollo shareholders are to mee...

The Ardonagh Group has completed its $500 million acquisition of the insurance operations of BGC Partners Inc. Ed Broking, which has an office in Bermuda, Besso Insurance, and Piiq Risk Partners will join Bishopsgate, Compass London Markets, Inver Re...

The sale of Bermuda-based reinsurer PartnerRe to French mutual insurer Covéa for $9 billion is set. A statement on the Exor website said that the transaction would reinforce PartnerRe’s strategy, further confirming its status as one of the world’s l...

Bermuda-based financial services company Athene Holding Ltd was the lead investor in a combination of an automotive fleet-leasing and management company and an award-winning developer of innovative fleet-management technology solutions. Merging the h...

A deal for the sale of Bermuda-based PartnerRe could be back on, with word that EXOR, the company that acquired the reinsurer in 2016, has restarted talks with the French insurer Covéa. The transaction last year would have had Covéa pay $9 billion in...

Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, according to a new study of 800 corporate acquisitions by the professional services firm PwC. The study finds that capabilities-driven deals ge...

Howden, the international insurance broker, has acquired Bermuda-based Foram Brokerage Ltd, the independent re/insurance broker. Howden said that the acquisition affirms its commitment to the Bermudian market and provides clients with access to an ex...

Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has agreed to acquire Diamonds Direct USA Inc in a $490 million deal. Signet said that Diamonds Direct is an off-mall, destination jeweller in the United Stat...

Bermuda-based Argo Group International Holdings Ltd has agreed the sale of its Brazilian operations. The underwriter of specialty insurance said that it has agreed to sell Argo Seguros Brasil SA to Spice Private Equity Ltd, an investment company focu...