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.

Mereo Advisors Rebrands as Cedar Trace
Mereo Advisors Group, the Bermuda-based insurance, reinsurance and asset management group, has announced it will rebrand as Cedar Trace. Cedar Trace’s business and management team remain exactly the same. Cedar Trace has a close alignment with...

Aspen Prices Public Offering of US$300,000,000 of Senior Notes
Aspen Insurance Holdings Limited (“Aspen” or the “Company”) (NYSE: AHL) has priced an underwritten public offering of US$300,000,000 aggregate principal amount of 5.750% senior notes due 2030 (the “Notes”). The Notes were priced at 99.870% of the...

Fidelis Insurance Holdings Limited Announces Pricing of $400 Million of 7.750% Fixed-Rate Reset Subordinated Notes Due 2055
Fidelis Insurance Holdings Limited (NYSE:FIHL) ("Fidelis Insurance Group" or the "Company"), a global specialty insurer, announced today the pricing of $400 million aggregate principal amount of its 7.750% Fixed-Rate Reset Subordinated Notes due...

AM Best Assigns Indicative Issue Credit Rating to Fidelis Insurance Holdings Limited Subordinated Notes
AM Best has assigned an indicative Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” (Good) to fixed rate subordinated notes to be issued by Fidelis Insurance Holdings Limited (Fidelis) (Bermuda). The outlook assigned to this Credit Rating...

Teekay Group Publishes 2024 Sustainability Report
HAMILTON, Bermuda, June 09, 2025 (GLOBE NEWSWIRE) -- Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) today announced the publication of their 2024 Sustainability...

Samoa Legally Protects 30% and Sustainably Manages 100% of its Ocean
Samoa becomes one of the first Pacific nations to legally protect 30% of its ocean, ahead of the 2025 UN Ocean Conference. APIA, CA, UNITED STATES, June 13, 2025 /EINPresswire.com/ -- Samoa became one of the first Pacific Island nations to adopt...

Aegon Annual General Meeting approves all resolutions
Amsterdam, June 12, 2025 - Aegon Ltd.'s Annual General Meeting of Shareholders (AGM) today approved all resolutions on the agenda. This included the final dividend for 2024 of EUR 0.19 per common share, bringing Aegon’s total dividend for 2024 to...

Fidelis Insurance Group Sponsors New Herbie Re Ltd. Catastrophe Bond
Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “the Company”), a global specialty insurer, announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully closed a new catastrophe bond through the...

Bitcoin Life Insurance Company Meanwhile Achieves Historic Bitcoin Milestone with First-Ever Audited BTC-Denominated Financial Statements
HAMILTON, Bermuda, June 05, 2025 (GLOBE NEWSWIRE) -- Meanwhile Insurance Bitcoin (Bermuda) Limited (“Meanwhile” or the “Company”), the world’s first life insurance company fully denominated in Bitcoin (“BTC”), today announced the completion and...

AM Best Affirms Credit Ratings of Convex Group Limited’s Subsidiaries
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Convex Re Limited (CRL) (Bermuda), Convex Insurance UK Limited (CIL) (United Kingdom), Convex Europe S.A. (CES)...

AM Best Affirms Credit Ratings of Nuclear Electric Insurance 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 Nuclear Electric Insurance Limited (NEIL) (Wilmington, DE) and its subsidiaries, Cedar Hamilton Limited (Cedar...

CTO Celebrates Excellence at Annual Caribbean Media Awards
NEW YORK, NY, UNITED STATES, June 10, 2025 /EINPresswire.com/ -- The Caribbean Tourism Organization (CTO) honored outstanding journalists and media professionals at its annual Caribbean Media Awards, held during Caribbean Week in New York (CWNY...

Updated Briefing and Discovery Schedule for CITGO Sale Hearing
Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that the U.S. District Court for the District of Delaware (the “Court”) issued an order adopting the following revised schedule for briefing and discovery...

AM Best Upgrades Issuer Credit Rating of Associated Electric & Gas Insurance Services Limited
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS)...

GOGL – 2024 Environmental, Social and Governance (ESG) Report
Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its seventh annual ESG Report. The 2024 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB) and with...

Global Atlantic Unveils New Brand to Reflect Strategic Growth and Strength
Global Atlantic, a leading provider of retirement security and investment solutions, and a wholly-owned subsidiary of KKR, today launched its new brand identity and logo. Global Atlantic’s new brand highlights the powerful combination of KKR’s...

Arch Reinsurance Group Promotes William Soares, Pierre Jal and David Seyller
Arch Reinsurance Group (Arch Re) today announced that William Soares has been promoted to President of Arch Reinsurance Ltd. (Arch Re Ltd.), Pierre Jal has been named President of Arch Reinsurance Europe Underwriting dac (Arch Re Europe) and David...

Signet Jewelers Reports First Quarter Fiscal 2026 Results
Signet Jewelers Limited (“Signet” or the “Company”) (NYSE:SIG), the world's largest retailer of diamond jewelry, today announced its results for the 13 weeks ended May 3, 2025 (“first quarter Fiscal 2026”). “We delivered positive same store sales...

CTO Chairman: 'An Exciting Time' as Caribbean Week 2025 Wraps with Strong Momentum
NEW YORK, NY, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- Caribbean Week in New York (CWNY 2025) concluded on Thursday with high praise from Caribbean Tourism Organization (CTO) Chairman Ian Gooding-Edghill, who declared the 2025 edition a...

Supplemental Health Insurance Market Is Booming So Rapidly | Bupa, Chubb, MetLife
The Global Supplemental Health Insurance Market Size is estimated to register 5.8% growth over the forecast period from 2025 to 2034. HYDERABAD, TELANGANA, INDIA, June 9, 2025 /EINPresswire.com/ -- The latest study released on the Global...