Valaris wins contract for Valaris Relentless drillship from Chevron

Pallavi Madhiraju- June 9, 2021

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

Aspida acquires third-party offshore reinsurance platform F&G Re

Pallavi Madhiraju- December 19, 2020

Ares Management’s subsidiary Aspida has wrapped up its previously announced acquisition of F&G Reinsurance (F&G Re), a Bermuda-based life and annuity reinsurer. F&G Re, which ... Read More

Marvell Technology to acquire US semiconductor company Inphi for $10bn

Soujanya- October 30, 2020

Marvell Technology Group, a Bermuda-based infrastructure semiconductor solutions provider, has agreed to acquire US semiconductor company Inphi in a cash-cum-stock deal worth $10 billion. Post-acquisition, ... Read More

Arch Capital Group to take full ownership of Watford Holdings

Pallavi Madhiraju- October 11, 2020

Arch Capital acquisition of Watford : Arch Capital Group has signed an all-cash deal worth around $622 million to take full ownership of Watford Holdings, ... Read More

Third Point Re to acquire rival reinsurer Sirius Group for $788m

Pallavi Madhiraju- August 8, 2020

Third Point Re, Sirius merger : Bermuda-based specialty property and casualty reinsurer Third Point Reinsurance (Third Point Re) has signed a cash cum stock deal ... Read More

Amynta Group acquires surety business of Aspen Insurance

Pallavi Madhiraju- July 17, 2020

Amynta Group, a New York-based warranty company, has acquired the surety business of Bermuda-based insurance company Aspen Insurance for an undisclosed price. The acquired business ... Read More

Monument Re wraps up acquisition of Bermuda-based GreyCastle

Pallavi Madhiraju- May 28, 2020

Monument Re, a Bermuda-based life reinsurance and insurance holding company, has wrapped up its previously announced acquisition of GreyCastle and its subsidiaries, which include GreyCastle ... Read More

Hong Kong reinsurer Peak Re to acquire ILS asset manager Lutece

Pallavi Madhiraju- April 11, 2020

Peak Re acquisition of Lutece : Peak Reinsurance (Peak Re), a Hong Kong-based reinsurance company, has signed a deal to acquire Bermuda-based insurance-linked securities (ILS) ... Read More

Arch Re set to take majority stake in Precision Marketing Asia Pacific

Pallavi Madhiraju- February 15, 2020

Arch Reinsurance (Arch Re) has agreed in principle to acquire a majority stake in Australian marketing solutions company Precision Marketing Asia Pacific (PMAP) for an ... Read More

Assured Guaranty completes $160m acquisition of BlueMountain Capital

Pallavi Madhiraju- October 2, 2019

Assured Guaranty, Bermuda-based financial guaranty insurance company, said that its subsidiary Assured Guaranty US Holdings (AGUS) has completed its previously announced $160 million acquisition of ... Read More