RSSCategory: Business

Ironshore Appoint Steve Horton & Susan Pateras

Ironshore Appoint Steve Horton & Susan Pateras

Ironshore announced the appointments of Steve Horton to Chief Executive Officer, Iron-Starr, and Susan Pateras to Chief Operating Officer, Ironshore Bermuda. In their new roles, both executives will continue to report to Mitch Blaser, Chief Executive Officer of Ironshore Bermuda. “Steve and Susan bring a wealth of experience to their respective new... Read more of this article

Customs Awareness Events Begin On Sunday

Customs Awareness Events Begin On Sunday

In the lead up to International Customs Day, which is Friday, January 26th, the Customs Department will be hosting number of events to raise awareness about their work.And the Collector of Customs, Lucinda Pearman is inviting members of the public to participate in the week of activities, which includes their annual open house, a church service and... Read more of this article

Hobby Zone Plan To ‘Keep Pushing’ After Fire

Hobby Zone Plan To ‘Keep Pushing’ After Fire

Following a fire at their Sandys location earlier this month, Club Hobby Zone said although it damaged many of their bikes and tools, it has not diminished their faith, and said “we have to keep pushing to realize the full potential of the endeavor.” The Bermuda Fire and Rescue Service previously confirmed that on January 11th they received... Read more of this article

Kayongo & Reiss To Speak At Conference

Kayongo & Reiss To Speak At Conference

Human rights visionary Derreck Kayongo and insurance industry leader Jonathan Reiss will be spotlight speakers at this year’s Bermuda Captive Conference, scheduled to run June 11–13 at Fairmont Southampton. Both will address the three-day conference, Bermuda’s largest and longest-running industry event, now in its 14th year. Now returning to its... Read more of this article

Shipping Schedule: Week Starting January 20

Shipping Schedule: Week Starting January 20

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday January 20th.On Monday the Oleander container ship is expected, on Thursday the Bermuda Islander container ship will arrive, and on Friday the HMCS Toronto military ops vessel is scheduled to arrive. The weekly shipping... Read more of this article

Bermuda Stock Exchange Report: Jan 19 2018

Bermuda Stock Exchange Report: Jan 19 2018

January 19 saw 6,684 shares trade on the Bermuda Stock Exchange, valued at $267,285.94 BD. 6,682 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $40.00 per share, while another 2 shares were traded by BF&M Ltd, closing at an even $16.55 per share. The BSX finished at 2,313.29, even on the day. There was 1 advance, 0 declines,... Read more of this article

Blue Capital Declares $0.0219 Dividend

Blue Capital Declares $0.0219 Dividend

In a filing with the Bermuda Stock Exchange [BSX], Blue Capital Alternative Income Fund Limited declared its quarterly dividend. The full filing stated: “Blue Capital Alternative Income Fund Limited has declared its quarterly dividend in respect of the three months ended 31 December 2017 of US $0.0219 per Ordinary Share, payable on 23 February 2018... Read more of this article

Bermuda Stock Exchange Report: Jan 18 2018

Bermuda Stock Exchange Report: Jan 18 2018

January 18 saw 10,840 shares trade on the Bermuda Stock Exchange, valued at $118,509.00 BD. 9,300 shares were traded by Ascendant Group Limited, closing even at $10.00 per share, while another 1,540 shares were traded by BF&M Ltd, closing even at $16.55 per share. The BSX finished at 2,313.29, even on the day. There were 0 advances, 0 declines,... Read more of this article

KPMG Congratulates Newly Qualified CPAs

KPMG Congratulates Newly Qualified CPAs

KPMG in Bermuda said they are “delighted to announce the successful qualifications” of Nicole Nelson, Ian Bucci, Alex Brown and Dayshalae [Smith] Williams as CPAs. Mike Morrison, CEO of KPMG in Bermuda, commented, “With Nicole, Ian, Alex and Dayshalae joining our ranks as qualified accountants, we are developing Bermudian students to... Read more of this article

RenRe To Acquire Minority Catalina Shareholding

RenRe To Acquire Minority Catalina Shareholding

Catalina Holdings [Bermuda] and RenaissanceRe Holdings announced that RenaissanceRe Ventures Ltd., a subsidiary of RenaissanceRe, has signed a definitive agreement to acquire a minority shareholding in Catalina. The agreement is subject to regulatory approval and is expected to close concurrently with the majority acquisition of Catalina by affiliates... Read more of this article

Bermuda Airport Authority Opens New Offices

Bermuda Airport Authority Opens New Offices

The Bermuda Airport Authority — which “owns the airport on behalf of the Government and people of Bermuda” – has established its offices at Southside, St. David’s. “Mandated by an Act of Parliament to oversee the management, operations and redevelopment of the airport, the Bermuda Airport Authority owns the airport on... Read more of this article

Interested In Developing Tudor Hill Property?

Interested In Developing Tudor Hill Property?

The Bermuda Land Development Company Limited [BLDC] invites interested parties to submit expressions of interest [EOI] for the development of the 25 acre Tudor Hill property in Southampton. “We’re looking for innovative and imaginative development approaches that align with our longterm strategy to revitalize Tudor Hill,” said Francis Mussenden,... Read more of this article

Construction Progressing At Caroline Bay

Construction Progressing At Caroline Bay

Caroline Bay’s construction progress is “well on its way” with over 200 construction workers “hard at work on the site,” Craig Christensen said, with the Caroline Bay Director adding that the first phase of the Ritz-Carlton Reserve Residences are “projected to be delivered on time.” Artist rendering #1 of Caroline... Read more of this article