Assured Guaranty exits equity interest in Assured Healthcare Partners

businessnewstoday- July 22, 2023 0

Assured Guaranty Ltd. (NYSE:AGO), a Bermuda-based, publicly traded holding company, announced that it has transferred the ownership of its entire equity interest in Assured Healthcare ... Read More

Brookfield Reinsurance to acquire specialty insurance underwriter Argo Group

Raghuram Kadari- February 10, 2023 0

Canadian investment management company Brookfield Reinsurance will acquire Bermuda-based insurance company Argo Group International in an all-cash deal valued at around $1.1 billion. The transaction ... Read More

Seadrill to acquire Aquadrill to create major offshore drilling company

Raghuram Kadari- December 24, 2022 0

Seadrill, a Bermuda-incorporated offshore drilling contractor, will acquire offshore rig owner Aquadrill in an all-stock transaction valued at an implied equity value of around $958 ... Read More

Gyme jack-up drilling rig to be sold by Borr Drilling for $120m

businessnewstoday- October 15, 2022 0

Borr Drilling Limited has signed an agreement with an unrelated third party to divest the Gyme jack-up drilling rig for $120 million. According to the ... Read More

Prospector 5 jack-up drilling rig : Borr Drilling to win $69m contract

businessnewstoday- August 6, 2022 0

Borr Drilling said that it has been issued a binding letter of intent (LOI) for providing its Prospector 5 jack-up drilling rig for a six-well ... Read More

Borr Drilling wins contract for Saga jack-up drilling rig in Southeast Asia

businessnewstoday- May 21, 2022 0

Borr Drilling Limited said that it has been issued a binding letter of award (LOA) for the Saga jack-up drilling rig from an undisclosed energy ... Read More

White Mountains to sell NSM Insurance Group to Carlyle for $1.8bn

businessnewstoday- May 10, 2022 0

White Mountains Insurance Group, a Bermuda-domiciled financial services holding company, has agreed to sell NSM Insurance Group to investment funds affiliated with Carlyle for $1.775 ... Read More

Covéa to acquire reinsurance company PartnerRe from Exor for $9bn

businessnewstoday- December 19, 2021 0

French mutual insurer Covéa has agreed to acquire Bermuda-based reinsurance company PartnerRe from Dutch holding company Exor for $9 billion in an all-cash deal. Founded ... Read More

Valaris Limited wins contract for VALARIS DS-4 drillship from Petrobras

businessnewstoday- October 21, 2021 0

Valaris Limited, a Bermuda-based offshore drilling services provider, has bagged a contract for the VALARIS DS-4 drillship in Brazilian waters from Petrobras. The contract awarded ... Read More

Valaris wins contract for Valaris Relentless drillship from Chevron

businessnewstoday- June 9, 2021 0

Valaris Limited has bagged a three-year contract from Chevron for the use of its Valaris Relentless drillship (VALARIS DS-18 drillship) in the US Gulf of ... Read More