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Northstar Financial Companies, Inc.
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Northstar Financial Companies (Bermuda), Ltd. was an offshore financial services company that specialized in providing fixed-rate and variable-rate annuity and investment products to non-U.S. clients. The company targeted international investors seeking tax-advantaged investment opportunities. However, following significant financial distress and legal issues involving its owner, Greg Lindberg, the company became insolvent. In 2020, the Bermuda Monetary Authority (BMA) successfully petitioned the Supreme Court of Bermuda to place the company into liquidation to protect the interests of its policyholders. The company's affairs are now managed by court-appointed Joint Provisional Liquidators.
United States
Industry
Financial