Bermuda

What Nigerians need to know about Dominica’s Citizenship by Investment Programme

Retrieved on: 
Thursday, July 13, 2023
Leisure, EDF, Agriculture, Policy, World Bank Group, Travel + Leisure, NDU, World Bank, Loss of citizenship, School, US, Hospital, GDP, Muhammadu Buhari, CBI, Investment, Economic development, Secrecy, Commonwealth, Government House, Dominica, Bermuda, Safety, Real estate, Film industry, Tourism, Commercial property

Nigerians are continuously seeking alternative methods to protect themselves and their families’ future, and one economical way of achieving this can be through the investment migration industry.

Key Points: 
  • Nigerians are continuously seeking alternative methods to protect themselves and their families’ future, and one economical way of achieving this can be through the investment migration industry.
  • Several factors influence Nigerians' choices in selecting a host country's CBI programme.
  • Nigerians can access these opportunities through Dominica's Citizenship by Investment (CBI) Programme and obtain dual citizenship in exchange for contributing investments towards one of the programme's investment options.
  • Nigerians can visit and live in Dominica with their family members whom they had applied for dual citizenship.

Brookfield Renewable to Host Second Quarter 2023 Results Conference Call

Retrieved on: 
Friday, July 7, 2023
Partnership, BEPC, BEP, Carbon, Brookfield Renewable Partners, Wind, Brookfield (corporation), PIN, Natural gas, TSX, Bermuda, Conference, NYSE, Renewable energy, Webcast, News

BROOKFIELD, News, July 07, 2023 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield Renewable”) will hold its Second Quarter 2023 Conference Call and Webcast on Friday, August 4, 2023 at 8:30 a.m.

Key Points: 
  • BROOKFIELD, News, July 07, 2023 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield Renewable”) will hold its Second Quarter 2023 Conference Call and Webcast on Friday, August 4, 2023 at 8:30 a.m.
  • Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms.
  • Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with over $825 billion of assets under management.

Nayms Issues World's First Crypto-Denominated Industry Loss Warranty (ILW)

Retrieved on: 
Thursday, July 6, 2023
USD Coin, Ethereum, Insurance, ILW, USDC, ILS, Entrepreneurship, ROI, Bermuda, Hedley Byrne & Co Ltd v Heller & Partners Ltd, Cryptocurrency

LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.

Key Points: 
  • LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.
  • In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion.
  • Moving forward on the success of its innovative ILW, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • The company invites interested parties to explore other pending investment opportunities (returns as estimated) in prospective segregated accounts within Nayms' marketplace:
    a.

Nayms Issues World's First Crypto-Denominated Industry Loss Warranty (ILW)

Retrieved on: 
Thursday, July 6, 2023
USD Coin, Ethereum, Insurance, ILW, USDC, ILS, Entrepreneurship, ROI, Bermuda, Hedley Byrne & Co Ltd v Heller & Partners Ltd, Cryptocurrency

LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.

Key Points: 
  • LONDON, July 6, 2023 /PRNewswire/ -- Nayms SAC Ltd. , the leading crypto-native insurance marketplace, is proud to announce the issuing of the world's first crypto-denominated industry loss warranty (ILW) through the second segregated account or 'cell' within its marketplace.
  • In this program, Nayms provides coverage for US named windstorm, attaching above a loss trigger of $60 billion.
  • Moving forward on the success of its innovative ILW, Nayms remains committed to deploying emerging technologies to reshape the insurance industry.
  • The company invites interested parties to explore other pending investment opportunities (returns as estimated) in prospective segregated accounts within Nayms' marketplace:
    a.

AM Best Affirms Credit Ratings of Everest Re Group, Ltd. and Its Subsidiaries

Retrieved on: 
Thursday, June 29, 2023
Professional Services, Insurance, Finance, AM Best, Risk management, Credit, FSR, Superior, AM, Long-Term Capital Management, Bermuda, NYSE, Reinsurance, Mount Everest

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the operating subsidiaries of Everest Re Group, Ltd. (Bermuda) (collectively referred to as Everest).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the operating subsidiaries of Everest Re Group, Ltd. (Bermuda) (collectively referred to as Everest).
  • Concurrently, AM Best has affirmed the Long-Term ICRs of “a-” (Excellent) of Everest Re Group, Ltd. [NYSE: RE] and Everest Reinsurance Holdings, Inc. (Delaware).
  • Additionally, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of Everest Reinsurance Holdings, Inc.
  • The outlook of these Credit Ratings (ratings) is stable.

AM Best Affirms Issue Credit Rating of Weston2038 LLC’s Credit-Linked Note

Retrieved on: 
Wednesday, June 28, 2023
Banking, Professional Services, Insurance, Finance, AM Best, ALL, ISDA, Credit, Superior, AM, Redding, Bermuda, Reassuring Pinches, News, Security (finance)

AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $550 million remained outstanding as of March 31, 2023), 6.00% variable funding credit-linked note (note), due July 1, 2038, issued by Weston2038 LLC (Weston2038), a Delaware limited liability company (issuer).

Key Points: 
  • AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $550 million remained outstanding as of March 31, 2023), 6.00% variable funding credit-linked note (note), due July 1, 2038, issued by Weston2038 LLC (Weston2038), a Delaware limited liability company (issuer).
  • The outlook of this Credit Rating (rating) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Brookfield Renewable Corporation Announces Results of Annual Meeting of Shareholders

Retrieved on: 
Wednesday, June 28, 2023
Wind, TSX, Brookfield (corporation), Partnership, BEPC, BEP, Bermuda, NYSE, Brookfield, Carbon, Natural gas, Brookfield Renewable Partners, Renewable energy, Cryptocurrency

Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms.

Key Points: 
  • Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms.
  • Our portfolio consists of hydroelectric, wind, utility-scale solar and storage facilities in North America, South America, Europe and Asia, and totals approximately 31,600 megawatts of installed capacity and a development pipeline including approximately 131,900 megawatts of renewable power assets, 12 million metric tonnes per annum (“MMTPA”) of carbon capture and storage, 2 million tons of recycled material annually, and 4 million metric million British thermal units of renewable natural gas production annually.
  • Investors can access its portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Corporation, a leading global alternative asset manager with over $825 billion of assets under management.

VEON publishes audited financial statements for year ended 31 December 2022

Retrieved on: 
Sunday, June 25, 2023
International, PwC, Bank statement, AGM, Financial statement, Part, PCAOB, Annual report, International Financial Reporting Standards, Public Company Accounting Oversight Board, European, Euronext Amsterdam, VEON, Consolidated, Bermuda, Audit, Cryptocurrency

Amsterdam, 25 June 2023 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company” or, together with its subsidiaries, the “Group”), today announces that it has published its Dutch Annual Report – 2022, including consolidated financial statements for the year ended 31 December 2022 prepared in accordance with International Financial Reporting Standards as adopted by the European Union and with Part 9 of Book 2 of the Dutch Civil Code (the “Consolidated Financial Statements).

Key Points: 
  • Amsterdam, 25 June 2023 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company” or, together with its subsidiaries, the “Group”), today announces that it has published its Dutch Annual Report – 2022, including consolidated financial statements for the year ended 31 December 2022 prepared in accordance with International Financial Reporting Standards as adopted by the European Union and with Part 9 of Book 2 of the Dutch Civil Code (the “Consolidated Financial Statements).
  • A copy of the Dutch Annual Report – 2022 can be found on the Reports and Results section of the Company’s website at https://www.veon.com/investors/reports-results/ .
  • The Consolidated Financial Statements have been audited by PricewaterhouseCoopers Accountants N.V. (“PwC”), the Company’s Dutch statutory financial statement auditors, and will be laid before shareholders at the Company’s Annual General Meeting of Shareholders (the “AGM”) on 29 June 2023, in accordance with Bermuda law.
  • VEON had previously reported that it would be delayed in filing its Annual Report on Form 20-F for the year ended 31 December 2022 due to extraordinary circumstances in 2022.

AM Best Maintains Under Review With Negative Implications Status for Credit Ratings of Accredited Specialty Insurance Company, Accredited Surety and Casualty Company, Inc. and Accredited Insurance (Europe) Limited

Retrieved on: 
Friday, June 23, 2023
Professional Services, Insurance, Finance, Pressure, ASC, AM Best, ALL, Risk management, Credit, Sale, ASI, AM, R, Bermuda, News, Property management, Accreditation, Phoenix

ASI, ASC and AIEL, collectively known as Accredited, are wholly owned subsidiaries of R&Q Insurance Holdings Ltd (R&Q) (Bermuda) [AIM: RQIH].

Key Points: 
  • ASI, ASC and AIEL, collectively known as Accredited, are wholly owned subsidiaries of R&Q Insurance Holdings Ltd (R&Q) (Bermuda) [AIM: RQIH].
  • The Credit Ratings (ratings) reflect Accredited’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Chubb Appoints Michael O'Donnell Chief Operating Officer of Global Reinsurance

Retrieved on: 
Friday, June 23, 2023
Insurance, Senior, CB, Chubb Limited, Chubb, NYSE, O'Donnell dynasty, Division, Bermuda, Property insurance

ZURICH, June 23, 2023 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Michael O'Donnell has been appointed Chief Operating Officer, Global Reinsurance.

Key Points: 
  • ZURICH, June 23, 2023 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Michael O'Donnell has been appointed Chief Operating Officer, Global Reinsurance.
  • In his new role, O'Donnell will continue to have responsibility for the U.S. operations of Chubb Tempest Re while expanding his remit into the strategic and tactical operations of the company's global reinsurance operations.
  • O'Donnell will continue to report to Jim Wixtead, Senior Vice President, Chubb Group and President, Chubb Tempest Re.
  • Prior to Chubb, he was with General Reinsurance Corp., where he underwrote the casualty facultative business.