RSSCategory: Business

Bermuda Stock Exchange Report: May 23 2019

Bermuda Stock Exchange Report: May 23 2019

May 23 saw 15,893 shares trade on the Bermuda Stock Exchange, valued at $572,148.00 BD. 15,893 shares were traded by Bank of N.T. Butterfield Ltd, closing down 5.3% at $36.00 per share. The BSX finished at 2,210.07, down 3.91% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF],... Read more of this article

Retail Sales Decrease 4.4% In February 2019

Retail Sales Decrease 4.4% In February 2019

After adjusting for the retail sales rate of inflation – measured at 2.0% in February – the overall volume of retail sales declined 4.4%, according to the recently released Retail Sales Index. “All retail sectors recorded declines in sales volume with motor vehicle stores recording the largest volume decrease of 16.7% followed by apparel... Read more of this article

British Airways Seat Sale Offers 25% Off

British Airways Seat Sale Offers 25% Off

As British Airways gets set to celebrate its centenary, it will be holding a “Bermuda Day Seat Sale,” offering 25% discounts in World Traveller fares for travel to London. A spokesperson said, “On August 25, British Airways will be celebrating its centenary; in 1919 the airline’s forerunner, Aircraft and Travel Unlimited, launched... Read more of this article

Ariel Re Announce Appointment Of Sean Kelly

Ariel Re Announce Appointment Of Sean Kelly

Ariel Re, a member of Argo Group, today [May 23] announced the appointment of Sean Kelly as senior vice president, specialty underwriter, credit and financial products, effective June 10, 2019. He will report to Stephen O’Flynn, head of professional lines and casualty treaty underwriting – Bermuda at Ariel Re. “Sean has an enviable track record... Read more of this article

Delegation Attends Tech Conference In Toronto

Delegation Attends Tech Conference In Toronto

Bermuda Premier David Burt turned the spotlight on the island’s innovation community for a sold-out audience of global entrepreneurs in Toronto this week at North America’s fastest-growing tech conference, the Bermuda Business Development Agency said. “Collision, which brought 25,000 delegates, including investors and start-ups, to the city’s... Read more of this article

RUBiS Bermuda Day Holiday Hours

RUBiS Bermuda Day Holiday Hours

RUBiS Energy Bermuda have provided information about their opening hours for their various locations during the upcoming Bermuda Day holiday on Friday [May 24]. Related StoriesOil Casualty Insurance Holds General Meeting Oil Insurance Declares $250 Million Dividend Duty-Free Parts For Electric Vehicle Charging Oil Insurance Upgraded By... Read more of this article

Somers Limited Share Repurchases For May

Somers Limited Share Repurchases For May

In a filing with the Bermuda Stock Exchange, Somers Limited announced their share repurchase programme. The filing stated, “Somers Limited, a financial services investment holding company, announces that its Board of Directors has authorised the repurchase of up to 100,000 shares through a further share repurchase programme. The existing year’s... Read more of this article

Bermuda Stock Exchange Report: May 22 2019

Bermuda Stock Exchange Report: May 22 2019

May 22 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $29,800.00 BD. 2,000 shares were traded by BF&M Ltd, closing down 0.8% at $14.90 per share. The BSX finished at 2,300.02, down 0.04% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

KPMG 2019 Advisory Training Schedule

KPMG 2019 Advisory Training Schedule

Today [May 22] KPMG in Bermuda announced its 2019 Advisory Training schedule. The company said, “KPMG is pleased to invite you to register for our 2019 Advisory Training sessions. The sessions to be held include:Introduction to Anti-Money Laundering [AML] and Anti-Terrorist Financing [ATF]; Cyber Security Essentials; Introduction to Anti-Bribery... Read more of this article

Ariel Re Announce Appointment Of O’Flynn

Ariel Re Announce Appointment Of O’Flynn

Ariel Re, a member of Argo Group, today [May 22] announced the appointment of Stephen O’Flynn as head of professional lines and casualty treaty underwriting – Bermuda, effective June 10, 2019. He will be responsible for establishing, underwriting and growing the U.S. professional lines and casualty book of business. O’Flynn will report to Matthew... Read more of this article

Bermuda Stock Exchange Report: May 21 2019

Bermuda Stock Exchange Report: May 21 2019

May 21 saw 7,015 shares trade on the Bermuda Stock Exchange, valued at $88,525.00 BD. 5,500 shares were traded by BF&M Ltd, closing even at $15.02 per share, while another 1,500 shares were traded by One Communications Ltd, closing up 1.4% at $3.55 per share. 15 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $38.00 per... Read more of this article

Golf Director: Roy Joins Fairmont Southampton

Golf Director: Roy Joins Fairmont Southampton

Fairmont Southampton have welcomed Scott Roy as the new Director of Golf for Turtle Hill Golf Club at Fairmont Southampton. “Scott started his golfing journey here at Turtle Hill Golf Club at the age of 13 where he worked outside services to gain early experience in hospitality, the golf course and golf shop,” a spokesperson said. “Scott... Read more of this article

White Targets Female African American Travelers

White Targets Female African American Travelers

“Tourism entrepreneur Kristin White is leveraging Bermuda’s National Tourism Plan to launch new group travel experiences to the island that target primarily African American women,” the BTA said. Ms White’s venture partners with black female influencers to lead travel experiences to Bermuda, an approach that sparks interest and creates... Read more of this article