Apex Group Ltd., a global financial services provider, received a minority investment of undisclosed amount.
Hamilton, Bermuda-based Monument Re is to acquire life insurer Inora Life DAC from Societe Generale.
DrumG Technologies, a financial technology company focused on building and operating next generation enterprise distributed ledger-based applications for the regulated global financial services industry, raised $6.5m in Series A funding.
Trunomi, a Bermuda and London, UK-based provider of customer consent and data rights and privacy software solutions, received a $3.5m round of financing.
New Ocean Capital Management Limited, a Bermuda-based asset manager founded by XL Group Ltd (NYSE: XL) and Stone Point Capital in 2013 to provide access to the traditional (re)insurance market, the collateralized reinsurance market and the reinsurance capital markets, has announced a new strategic relationship with Mitsui & Co., Ltd.