Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Bermuda Free Press.

Bermuda International Long Term Insurers and Reinsurers (BILTIR) Enlists Oliver Wyman to Analyse Systemic Risk in Region with New Report
Bermuda International Long Term Insurers and Reinsurers (BILTIR) today announced the release of a new report, titled Analysis of Systemic Risk in the Bermuda Long-Term Insurance Sector, published by Oliver Wyman through BILTIR’s commissioning....

AM Best to Join Panel Discussion at Annual Bermuda Captive Conference
AM Best Managing Director Maura McGuigan will participate in a panel discussion at the Bermuda Captive Conference, which will be held in Hamilton, Bermuda, from June 9-11, 2025. The panel session, titled, “Strategic Decisions: Optimising...

Supreme Court of Bermuda Extends Interim Injunction Restraining ASA and Two of its Directors – Mary Joan Hoene and William Donovan – From Unauthorized Use of Company Resources
Paul Kazarian, a member of the Board of Directors (the “Board”) of ASA Gold and Precious Metals Limited (NYSE: ASA) (“ASA” or the “Company”), today announced that the Supreme Court of Bermuda (the “Bermuda Court”) has extended the interim...

Gold Reserve Announces Submission of Revised Topping Bid by Dalinar Energy for CITGO Parent Company
Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today its Delaware subsidiary, Dalinar Energy Corporation (“Dalinar Energy”), submitted a revised topping bid to be selected as the Final Recommended...

AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $450 million remained outstanding as of March 31, 2025), 6.00% Series Hannover, No. 1 variable funding credit-linked note (Block...

Hamilton Announces Executive Appointments
Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or the “Company”) today announced the appointments of Adrian Daws to Chief Executive Officer, Hamilton Re, based in Bermuda, and Alex Baker to Chief Executive Officer, Hamilton Global...

Patriot Select Assumes About 12,000 Policies from Citizens, Places Full Reinsurance Program to Increase Market Presence
ST. PETERSBURG , FL, UNITED STATES, June 18, 2025 /EINPresswire.com/ -- Patriot Select Property and Casualty Insurance Company has successfully assumed nearly 12,000 homeowners multi-peril insurance policies from Citizens Property Insurance...

AM Best Affirms Credit Ratings of PT Asuransi Astra Buana
AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent), the Long-Term Issuer Credit Rating of “a-” (Excellent) and the Indonesia National Scale Rating (NSR) of aaa.ID (Exceptional) of PT Asuransi Astra Buana (Asuransi Astra)...

Triangle Life: transforming the high-net-worth life insurance experience
Triangle Life announces today that it has secured its next stage of growth investment. Alongside this, the company has commenced signing agreements with international high-net-worth (HNW) brokers across key international financial centres....

AM Best Withdraws Credit Ratings of Transmonde Services Insurance Company Limited
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Transmonde Services Insurance Company Limited (Transmonde) (Hamilton, Bermuda). The outlook of these Credit Ratings...

AM Best Assigns Issue Credit Rating to Fidelis Insurance Holdings Limited Subordinated Notes
AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” (Good) to $400 million 7.75% fixed rate subordinated notes, due June 15, 2055 issued by Fidelis Insurance Holdings Limited (Fidelis) (Bermuda). The outlook assigned to...

Keller Williams® Expands to North Macedonia
Keller Williams Realty, LLC (KW), the world's largest real estate franchise by agent count, is expanding across Europe. As momentum continues, KW has awarded a new master franchise in North Macedonia. This press release features multimedia. View...

Northern Trust Selected by Mereo Insurance to Provide Asset Servicing and Asset Management Solutions
Northern Trust (Nasdaq: NTRS) announced today that it was selected to provide asset servicing and asset management solutions to the newly–launched reinsurance firm, Mereo Insurance Limited. Under the mandate, Northern Trust Asset Servicing will...

Grant Thornton multinational platform to expand to include Switzerland, Liechtenstein and the Channel Islands
Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced agreements to expand the multinational platform it formed in January with Grant Thornton Ireland. The platform will now include Grant Thornton Switzerland/Liechtenstein and...

Update on International Arbitration Against The Venezuelan Government
Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that on June 13, 2025 the International Centre for Settlement of Investment Disputes (“ICSID”) confirmed that the Tribunal for the arbitration initiated by...

Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders
BROOKFIELD, NEWS, June 16, 2025 (GLOBE NEWSWIRE) -- Brookfield Renewable Corporation (the “Corporation”) (TSX, NYSE: BEPC) today announced that all eight nominees proposed for election to the board of directors of the Corporation by holders of...

Athene Announces Key Leadership Appointments Aligned with Five-Year Growth Plan
Company Veteran Grant Kvalheim Named Chief Executive Jim Belardi Named Executive Chair, Will Continue to Serve as CIO Mike Downing and Sean Brennan Named Co-Presidents of Athene USA WEST DES MOINES, Iowa, June 16, 2025 (GLOBE NEWSWIRE) -- Athene,...

Further Updated Briefing and Discovery Schedule for Citgo Sale Hearing
Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that on June 13, 2025 the U.S. District Court for the District of Delaware (the “Court”) issued an order adopting the below further revised schedule for...

AM Best Affirms Credit Ratings of Through Transport Mutual Insurance Association Limited and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Through Transport Mutual Insurance Association Limited (TTB) (Bermuda) and its subsidiaries, TT Club Mutual...

DHT Holdings, Inc. announces the results of the 2025 Annual Meeting of Shareholders
HAMILTON, BERMUDA, June 12, 2025 – DHT Holdings, Inc. (NYSE:DHT) (“DHT”) announces the results of its 2025 Annual Meeting of Shareholders (the “Annual Meeting”) held on Wednesday, June 11, 2025. Shareholders holding an aggregate of 111,518,652...