RSSCategory: Business

Finance Minister Speaks At ILS Convergence

Finance Minister Speaks At ILS Convergence

Minister of Finance Curtis Dickinson spoke at the ILS Convergence 2019 Conference on Thursday [Oct 10], with the conference being held from October 9 to October 11. Speaking at the conference, Minister Dickinson said, “Celebrating seven years, the Insurance Linked Securities Convergence Conference serves as a unique opportunity for you to connect... Read more of this article

50 EY Bermuda Staff Volunteer For The Day

50 EY Bermuda Staff Volunteer For The Day

Professionals from EY Bermuda Ltd. recently joined over 23,000 volunteers from EY Americas in dedicating a full day to giving back to their local community. Fifty volunteers from EY assisted at five primary schools across the island, helping with projects to enrich the students’ learning environments. At Dalton E. Tucker Primary, volunteers painted... Read more of this article

BTA To Host Speed Networking Event On Oct 24

BTA To Host Speed Networking Event On Oct 24

Entrepreneurs, investors and other tourism industry stakeholders are invited to a “speed-networking” evening later this month hosted by Bermuda Tourism Authority [BTA] and sponsored by BTAConnect. The initiative is aimed at raising public awareness around entrepreneurial tourism ventures and assisting Bermudians with potentially viable hospitality... Read more of this article

Just Shirts Offers Free Pickup & Delivery Service

Just Shirts Offers Free Pickup & Delivery Service

Just Shirts Dry Cleaners and Launderers has upgraded its offerings, including launching a new website and app, investing in new machinery, and expanding its free pick up and delivery service. A spokesperson said, “Just Shirts Dry Cleaners and Launderers is in the final stages of upgrading its entire operation. The upgrade started last November... Read more of this article

PartnerRe Announces Leadership Changes

PartnerRe Announces Leadership Changes

PartnerRe Ltd. announced today that Mario Bonaccorso, Executive Vice President and Chief Financial Officer, will retire from the Company on March 31, 2020 to “pursue a new entrepreneurial venture with financial support from EXOR.” “Mr. Bonaccorso will be invited to join the PartnerRe Ltd. Board of Directors as a non-voting observer... Read more of this article

Bermuda Stock Exchange Report: Oct 10 2019

Bermuda Stock Exchange Report: Oct 10 2019

October 10 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $66,000.00 BD. 2,000 shares were traded by Ascendant Group Limited, closing even at $33.00 per share. The BSX finished at 1,967.99, even on the day. There were 0 advances, 0 declines, and 56 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

New Deal Broadens Options For TV Viewers

New Deal Broadens Options For TV Viewers

Bermuda Broadcasting Company [BBC] and Digicel  announced an agreement that “opens up exciting new options for local television viewers.” Subscribers to Digicel’s new Fibre TV service now have access to the local channels and content provided by Bermuda Broadcasting, including its nightly newscast, Bermuda Tonight. In addition to the... Read more of this article

Hiscox & ILS Employees In U.S. Charity Relay

Hiscox & ILS Employees In U.S. Charity Relay

A team of nine employees from Hiscox Re and ILS from London and Bermuda recently covered 200 miles in 24 hours as participants in New Hampshire’s Ragnar Reach the Beach Relay in support of Action on Alzheimer’s & Dementia Bermuda [AAD], raising more than $7,000. A spokesperson said, “The employees also held an in-house raffle across the... Read more of this article

Estera Launches Legal Services In Bermuda

Estera Launches Legal Services In Bermuda

Estera has announced the launch of legal services in Bermuda and the Cayman Islands. “Estera Law will provide legal services in Bermuda and the Cayman Islands which are aligned to clients’ individual objectives and preferences. Estera’s legal services will cover a number of practice areas such as corporate and commercial, regulatory, insurance... Read more of this article

Cayman Islands To Introduce Public Register

Cayman Islands To Introduce Public Register

The Cayman Islands has announced its intention to introduce a public register of beneficial ownership. A statement from the Cayman Government said, “The Government of the Cayman Islands has today announced its intention to introduce a public register of beneficial ownership, in line with evolving standards and international obligations such as... Read more of this article

Bermuda Stock Exchange Report: Oct 9 2019

Bermuda Stock Exchange Report: Oct 9 2019

October 9 saw 285 shares trade on the Bermuda Stock Exchange, valued at $7,837.50 BD. 285 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.9% at $27.50 per share. The BSX finished at 1,967.99, up 0.57% on the day. There was 1 advance, 0 declines, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Consumer Price Index: Inflation Increased 0.4%

Consumer Price Index: Inflation Increased 0.4%

Consumers paid 0.7% more in June 2019 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and the level of inflation rose 0.4 percentage points from the 0.3% measured in May 2019. This is according to the latest Consumer Price Index, which said, “Between May 2019 and June 2019, the average cost... Read more of this article

AXA XL & Grocers Ocean Protection Campaign

AXA XL & Grocers Ocean Protection Campaign

AXA XL, the P&C and specialty risk division of AXA SA, announced that as part of its commitment to stem the tide of ocean risk, they are launching “an ocean protection education campaign that will involve major local supermarkets.” “This week, Harrington Hundreds in Smiths, Lindo’s Market in Devonshire and Lindo’s Family Foods... Read more of this article