Convex Group Limited has received in principle approval to launch Lloyd’s Syndicate 1987, which is planned to commence underwriting on 1st July 2026, subject to appropriate regulatory approvals.
A spokesperson said, “With capacity to support the approved business plan provided by Convex, Syndicate 1987 will focus exclusively on long-tail specialty... Read more of this article
May 28 saw 4,212 shares trade on the Bermuda Stock Exchange, valued at $100,908.00 BD.
4,212 shares were traded by Allshores Limited, closing up 0.8% at $24.00 per share.
The BSX finished at 3,540.87, up 0.06% on the day. There was 1 advance, 0 declines, and 46 remained unchanged.
The full report for the day is available here [PDF].
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Carey Olsen Bermuda acted as joint lead counsel on the Bank of Butterfield’s US$1.8 billion acquisition of CIBC’s 91.7% stake in Caribbean Bank Limited.
A spokesperson said, “Carey Olsen in Bermuda has acted as joint lead counsel to The Bank of N.T Butterfield & Son Limited [Butterfield] on its landmark US$1.8 billion acquisition of CIBC’s... Read more of this article