Everest Group, Ltd. announced that it has partnered with Stone Point Insurance Solutions to launch Annapurna Re Ltd., a Bermuda-based casualty reinsurance sidecar.
A spokesperson said, “Funds managed by Stone Point will serve as the inaugural, anchor investors in this multi-year vehicle.
“As part of the transaction, Annapurna is expected to deploy... Read more of this article
Seadrill Limited announced the pricing of a $700 million offering of 6.750% Senior Notes due 2034.
A spokesperson said, “Seadrill Limited announced today that Seadrill Finance Limited, an exempted company limited by shares incorporated under the laws of Bermuda and a wholly owned subsidiary of Seadrill has priced its offering pursuant to Rule... Read more of this article
June 16 saw 6,000 shares trade on the Bermuda Stock Exchange, valued at $153,607.00 BD.
5,000 shares were traded by Allshores Limited, closing up 9.0% at $23.99 per share, while the other 1,000 shares were traded by Watlington Waterworks Ltd, closing up 1.5% at $34.00 per share.
The BSX finished at 3,690.51, up 0.55% on the day. There were 2 advances,... Read more of this article