Cayman Islands authorities to wind up Beechwood Re following fraud scandal
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…
Beechwood Bermuda renames Old Mutual Bermuda as Beechwood OMNIA & expands offerings for guaranteed investment plans
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…
Beechwood re hires former Morgan Stanley executive
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,…
