April 11, 2021

Cayman Islands authorities to wind up Beechwood Re following fraud scandal

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By Matt Sheehan From Reinsurance News The Grand Court of the Cayman Islands has approved a petition for the winding up of Beechwood Re, a locally domiciled reinsurer that is being sued for fraud in the U.S and has ties to the hedge fund Platinum Partners, which collapsed after a federal investigation last year. Grand […]

Beechwood Bermuda renames Old Mutual Bermuda as Beechwood OMNIA & expands offerings for guaranteed investment plans

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HAMILTON, Bermuda–(BUSINESS WIRE)–Beechwood Bermuda, which through its affiliates is one of the largest providers of international investment plans with more than $1 billion in assets, announces the renaming of Old Mutual (Bermuda) to Beechwood OMNIA as part of its commitment to providing international investors with access to guaranteed investment plans. “Our purchase and integration of […]

Beechwood re hires former Morgan Stanley executive

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NEW YORK, July 31, 2014 /PRNewswire/ — Beechwood Re today announced that David Lessing, former Morgan Stanley Chief Operating Officer of U.S. Wealth Management Group, has joined the Beechwood family of companies. Beechwood provides both offshore reinsurance capacity to Life, Health, and Annuity insurance companies who are seeking to improve capital efficiency through reallocation of […]