RSSCategory: Business

AXIS & PartnerRe To Combine In $11B Merger

AXIS & PartnerRe To Combine In $11B Merger

Two more Bermuda re/insurers are set to merge, with AXIS Capital Holdings Limited and PartnerRe Ltd. today announcing that they have signed a “definitive amalgamation agreement to create one of the world’s preeminent specialty insurance and reinsurance companies, with gross premiums written in excess of $10 billion, total capital of more than... Read more of this article

2015 Wedding Expo To Be Held On March 15

2015 Wedding Expo To Be Held On March 15

Orchid Nail Spa and the Fairmont Southampton hotel are getting set to host the 2015 Wedding Expo on March 15 from 12.00pm through 5.00pm, with exhibitors showing off wares and services from a variety of related niches. The event flyer said, “Are you looking to boost your business and get direct exposure? Exhibitor registration has started so call... Read more of this article

RA Invites Comments On Digicel/BTC Deal

RA Invites Comments On Digicel/BTC Deal

The Regulatory Authority said they have been notified of Digicel’s intention to purchase 100% ownership of The Bermuda Telephone Company Limited [BTC] from Barrie Holdings, and are inviting “interested third parties to submit their possible observations on the proposed transaction.” Last week Digicel confirmed they have “finalised... Read more of this article

BEDC Set To Hold Seminar On Senior Care

BEDC Set To Hold Seminar On Senior Care

The Bermuda Economic Development Corporation [BEDC] is getting set to host a breakfast seminar offering attendees information on how to start their own senior care facility, outlining the resources that are available for people getting started in that field. The informative breakfast seminar will take place on January 29, 2015 from 8.00 to 11.30am. The... Read more of this article

Bermuda Stock Exchange Report: Jan 23 2015

Bermuda Stock Exchange Report: Jan 23 2015

Today [Jan 23] saw the close of the BSX’s week finish with 355,532 shares traded on the day, valued at $757,309.68 BD. 325,532 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $1.99 per share, while the other 30,000 shares were traded by Argus Group Holdings Ltd, closing up 4.3% at $3.65 per share. The BSX finished the week... Read more of this article

Third Point Re: Bumsted Was An “Amazing” Man

Third Point Re: Bumsted Was An “Amazing” Man

Bryan M. Bumsted, Senior Underwriter at Third Point Reinsurance Ltd., passed away recently at the age of 37 after a battle with cancer. “Bryan joined Third Point Reinsurance Company Ltd. in 2012 as the Senior Underwriter for the Third Point Cat Fund following earlier positions in reinsurance and financial services,” the company said. “A... Read more of this article

Bacardi 2014 Corporate Responsibility Report

Bacardi 2014 Corporate Responsibility Report

Bermuda-headquartered Bacardi Limited, the world’s largest privately held spirits company, released their 2014 Corporate Responsibility [CR] Report – titled “Our Spirit is Clear” — which details the company’s various initiatives. “We believe that with responsible management of both social and environmental impacts, Bacardi... Read more of this article

Appleby Advises On Multiple Hkex Listings

Appleby Advises On Multiple Hkex Listings

Law firm Appleby has had an active start to 2015 in the capital market sector, advising on three initial public offerings on the Hong Kong Stock Exchange [HKEx] in January, including the year’s first HKEx listing. Appleby acted as Cayman counsel to Deson Construction International Holdings Limited [Deson Construction], Yat Sing Holdings Limited [Yat... Read more of this article

Bermuda Stock Exchange Report: Jan 22 2014

Bermuda Stock Exchange Report: Jan 22 2014

Today [Jan 22] saw no shares trade on the Bermuda Stock Exchange. The BSX closed at 1,361.04, even on the day. There were 0 advances, 0 declines, and 71 remained unchanged. The full report from the BSX is available here [PDF]. Related PostsSomers Appoints Charles Jillings As Director Orbis Funds Market Announcement LOM Subsidiary Name Change Millhill... Read more of this article

Realtor Recognises Staff: 125 Years Of Service

Realtor Recognises Staff: 125 Years Of Service

Coldwell Banker Bermuda Realty recognized a record eight individuals for long service with the local real estate services company in 2014. Combined, these eight individuals have been in the real estate business for 125 years. “In today’s employment environment, retention of long serving staff members has become a challenge but in the local service... Read more of this article


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