Fidelis Expands Capital Management Initiatives

Fidelis Insurance Group has announced an expansion of its capital management initiatives, including an increase in its common share repurchase authorization to $400 million and a quarterly dividend of $0.15 per share. A spokesperson said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [“Fidelis Insurance Group” or “the Company”], a strategic capital allocator and risk selector in specialty …
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Food Establishment Grades Now Available

The Ministry of Health today announced that Grades for food establishments licensed 1 April 2025-31 Mar 2026 are now publicly available on the Government of Bermuda portal, Gov.bm. A Government spokesperson said, “Each year, Environmental Health Officers conduct inspections of restaurants, cafés, bars, grocery stores, and other food businesses to assess compliance with Bermuda’s food safety …
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Bank Of Butterfield To Acquire R&H Guernsey

The Bank of N.T. Butterfield & Son Limited has entered into an agreement to acquire Rawlinson & Hunter in Guernsey, the independently owned Guernsey member firm of the Rawlinson & Hunter International Network. A spokesperson said, “The acquisition will further expand the Bank’s Channel Islands presence and strengthen its trust and fiduciary offering with the addition …
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Pinion Insurance Launches With $180M Backing

“Pinion Insurance [Pinion], a newly formed specialty insurance platform, announced its official launch. The company will offer insurance capacity for Managing General Agents [MGAs] across the US, UK, and European markets through a fully-integrated innovative proprietary technology platform. A spokesperson said, “Founded by an experienced management team of Neil McConachie, Philip Vandoninck, and Laura Baird, …
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WeSpeak Launches Rise Corporate Series

WeSpeak Bermuda, the public-speaking charity dedicated to empowering women and teen girls to project their voices with confidence, has announced the launch of its Rise Corporate Series marking a significant milestone in the organisation’s continued growth and impact. A spokesperson said, “Designed in partnership with Dr. Jennifer Card, Dr. Crystal Clay, Gayle Gorman and Lorene …
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AI Leader mea Secures $50M Investment

mea Platform, the AI-native insurance technology company, announced a $50 million minority growth equity investment from SEP, a leading investor in enterprise technology companies. A spokesperson said, “Since formation in 2021, mea has consistently driven the market for AI applied to the insurance industry. Demand is accelerating for mea’s products that rapidly improve combined ratios …
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Carla Seely Rejoins Freisenbruch As COO

Freisenbruch Insurance Services Ltd. [FIS] announced that Carla Seely has rejoined the Company as Chief Operating Officer [COO], effective Monday, February 2. A spokesperson said, “Her appointment comes at a time of continued evolution within the insurance and financial services sector, as Freisenbruch proactively strengthens its leadership team during a period of market change. “Founded …
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