LOM Financial Reports 2025 Financial Results

LOM Financial Limited reported full year 2025 profits of $4,765,104 or $0.97 per share, which is “relatively unchanged from our 2024 profits of $4,744,812. A filing with the BSX stated, “Although our asset management and broking divisions experienced revenue growth, along with some notable gains in securities, these improvements were offset by a substantial rise …
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Enterprise Bermuda Incubator Applications Open

The Bermuda Economic Development Corporation [BEDC] is now accepting applications for the 8th Cohort of its Enterprise Bermuda Incubator program. A spokesperson said, “Designed to support local entrepreneurs and small business owners in the early stages of their journey, this year’s program will run from July 2nd, 2026, through March 25th, 2027. “The Enterprise Bermuda …
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AM Best Affirm Ratings For Biglari Reinsurance

AM Best has affirmed strong ratings for Biglari Reinsurance Ltd. and affiliates, citing strong capitalisation and stable performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a+” [Excellent] of Biglari Reinsurance Ltd. [Bermuda] and its reinsured affiliates, First Guard Insurance Company …
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AM Best Confirms Lion Reinsurance’s Ratings

AM Best has affirmed Lion Reinsurance Company Limited’s Financial Strength Rating of A [Excellent] with a stable outlook, citing its very strong balance sheet strength and adequate operating performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” [Excellent] of Lion …
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Allshores Limited Reports 2025 Financial Results

Allshores Limited announced its results for the year ended 31 December 2025, the first full financial year following the amalgamation of BF&M Limited and Argus Group Holdings Limited, which completed on 6 January 2025. Earnings And Operating Performance A spokesperson said, “The Group generated underlying earnings from operations of $62.4 million for the year ended …
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BUEI & BermudAir Sustainability Partnership

The Bermuda Underwater Exploration Institute [BUEI] and BermudAir have announced a sustainability partnership to promote ocean conservation, environmental education, and eco-conscious travel through a range of joint initiatives. A spokesperson said, “Unveiled during a special Earth Day launch event at BUEI on Wednesday, April 22nd, the partnership is designed to promote care for the ocean …
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Nicole Cavanagh Joins Carey Olsen

Carey Olsen announced that Nicole Cavanagh TEP has joined the firm’s dispute resolution and litigation practice in Bermuda as counsel. A spokesperson said, “Nicole’s practice covers the full spectrum of matrimonial law, including divorce, separation, and ancillary relief. She has a particular focus on the intersection of trusts and divorce, advising high-net-worth clients and business families …
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