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“Understanding Your Insurance Coverage”

“Understanding Your Insurance Coverage”

In partnership with the Health Insurance Department and MoonGate Insurance, Age Concern Bermuda is hosting “Understanding Your Insurance Coverage”, an information session for Age Concern members on Tuesday, September 1, from 1:00 pm – 3:00 pm at Charities House, 25 Point Finger Road, Paget. “The session will include information on... Read more of this article

Bermuda Stock Exchange Report: Aug. 28 2015

Bermuda Stock Exchange Report: Aug. 28 2015

Today [Aug 28] saw the close of the BSX’s week finish with 4,850 shares traded on the day, valued at $19,818.00 BD. 2,750 shares were traded by Bank of N.T. Butterfield Ltd, closing up 5.3% at $1.79 per share, while 1,500 shares were traded by Devonshire Industries Ltd, closing down 49.8% at $3.01. 100 shares were traded by Argus Group Holdings... Read more of this article

Finance Minister Comments On Tax Haven List

Finance Minister Comments On Tax Haven List

The Deputy Premier and Minister of Finance Bob Richards today [Aug 28] commented on a report that Bermuda has been named to a new tax haven list drawn up by the District of Columbia in the US. While such changes would first have to be reviewed by the US Congress before becoming law, the Minister stated, “As we recently told the European Commission,... Read more of this article

BPSU Report On Public Private Partnerships

BPSU Report On Public Private Partnerships

The Bermuda Public Services Union [BPSU] has released a 21-page report to present the Union’s position on Public Private Partnerships [PPP], with the report also outlining the BPSU’s concerns surrounding Government’s plan to redevelop the L.F. Wade International Airport using a PPP. The Report Highlights are1] History: PPPs were attractive to... Read more of this article

Fiona Luck Joins Knowledge Quest Board

Fiona Luck Joins Knowledge Quest Board

The scholarship charity Knowledge Quest recently held its annual summer party at Bacardi headquarters on Pitts Bay Road. Gathered together were current scholarship recipients, graduates, donors, volunteers and directors. Bacardi HR Director Alana Rogers took the lectern and stated that this is one of her favorite events of the year and that Bacardi... Read more of this article

Appleby Advised Global Sources On Tender Offer

Appleby Advised Global Sources On Tender Offer

Leading offshore law firm Appleby acted as Bermuda counsel to Global Sources Ltd. [Global Sources] on its approximately US$50 million cash tender offer to purchase up to 6,666,666 common shares. Approximately 12.77 million shares were properly tendered at a price of US$7.50 per share between June 26 and 12:00 midnight EDT on July 27, 2015. The Appleby... Read more of this article

Blue Capital Releases Half Yearly Report

Blue Capital Releases Half Yearly Report

In a filing with the Bermuda Stock Exchange, Blue Capital Global Reinsurance Fund Limited announced results for the six month ended 30 June 2015. The Half Yearly Report is available from the Company’s website bcgr.bm. Chairman,John R. Weale reported: On behalf of the Board of Directors [the “Directors”] of Blue Capital Global Reinsurance... Read more of this article

BTA Extends Registration For Tourism Workshop

BTA Extends Registration For Tourism Workshop

The Bermuda Tourism Authority [BTA] has extended the registration deadline for its Tourism Experiences application workshop to August 31, with Chief Product & Experiences Development Officer Pat Phillip-Fairn saying “we’re encouraging anyone who is interested in submitting an application to receive funding for their tourism idea to attend... Read more of this article

Carlsen Philip Awarded $15K Digicel Scholarship

Carlsen Philip Awarded $15K Digicel Scholarship

Digicel Bermuda today announced that Bermudian, Carlsen E. Philip II, is the recipient of the 2015 Digicel Scholarship, saying that he “exhibits extraordinary personal and academic qualities that embody the Digicel brand.” He will be awarded $15,000 to be distributed over a two year period, to assist him with pursuing a Master’s Degree... Read more of this article

Bermuda Stock Exchange Report: Aug. 27 2015

Bermuda Stock Exchange Report: Aug. 27 2015

Today [Aug 27] saw 102 shares trade on the Bermuda Stock Exchange, valued at $173.40 BD. All 102 shares were traded by Bank of N.T. Butterfield Limited, closing at an even $1.70 per share. The BSX finished the day at 1,186.44, also even the day. There were 0 advances, 0 declines, and 70 remained unchanged. The full report for the day is available here... Read more of this article

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