RSSCategory: Business

New App Offers Visitors A Local Perspective

New App Offers Visitors A Local Perspective

Last week, Bermudians Alison Swan and William West launched ‘Winnow,’ a travel app designed to provide visitors to Bermuda with a more authentic experience. In collaboration with various providers on the island, Winnow offers visitors the opportunity to view Bermuda from a new and varied perspective. Available experiences range from sunset... Read more of this article

Bermuda Stock Exchange Report: Aug 17 2017

Bermuda Stock Exchange Report: Aug 17 2017

August 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,972.56, even on the day. There were 0 advances, 0 declines, and 64 remained unchanged. The full report for the day is available here [PDF]. Related StoriesGuide For Investors In Bermuda Stock Market BSX Launches Investor Education Programme ’2016 Was... Read more of this article

Bermuda Stock Exchange Report: Aug 16 2017

Bermuda Stock Exchange Report: Aug 16 2017

August 16 saw 33,300 shares trade on the Bermuda Stock Exchange, valued at $240,151.00 BD. 14,500 shares were traded by One Communications Ltd, closing down 4.1% at $2.11 per share, while another 10,600 shares were traded by Argus Group Holdings Ltd, closing down 1.3% at $3.95 per share. 4,000 shares were traded by BF&M Ltd, closing at an even... Read more of this article

Seminars For Life Insurance Awareness Month

Seminars For Life Insurance Awareness Month

Life insurance can cover a range of important uses such as helping businesses carry on and ensuring your mortgage is covered. Those will be some of the key issues addressed in a series of workshops to be held by Colonial Life as it marks Life Insurance Awareness Month [LIAM] in September. Sheldon Maybury, Colonial Life’s sales supervisor who will... Read more of this article

Somers Limited Announces Financial Results

Somers Limited Announces Financial Results

In a filing with the Bermuda Stock Exchange [BSX], Somers Limited a financial services investment holding company, announced its results for the quarter and nine months ended June 30, 2017. The full filing stated: Somers Limited, a financial services investment holding company, is pleased to announce its results for the quarter and nine months ended... Read more of this article

Bermuda Stock Exchange Report: Aug 15 2017

Bermuda Stock Exchange Report: Aug 15 2017

August 15 saw 5,808 shares trade on the Bermuda Stock Exchange, valued at $80,963.35 BD. 3,300 shares were traded by BF&M Ltd, closing down 0.7% at $20.60 per share, while another 2,319 shares were traded by Argus Group Holdings Ltd, closing even at $4.00 per share. 100 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $34.00... Read more of this article

Arch Announces $200 Million Public Offering

Arch Announces $200 Million Public Offering

Bermuda-based Arch Capital Group Ltd. [ACGL] has priced an underwritten public offering of 8,000,000 Depositary Shares, each of which represents a 1/1,000th interest in a 5.45% Non-Cumulative Preferred Share, Series F, of ACGL. The public offering price is $25 per Depositary Share for an aggregate public offering price of $200 million. The underwriters... Read more of this article

Seven Students Receive Legal Education Awards

Seven Students Receive Legal Education Awards

Conyers Dill & Pearman has rewarded seven Bermudian students with their annual legal education award, saying that “given the calibre of applications received, the Firm was delighted to increase the number of recipients, which typically includes between two to four students.” “We congratulate this year’s recipients”, said David... Read more of this article

BFIS Scholars Lunch With Mentoring Group

BFIS Scholars Lunch With Mentoring Group

The BFIS Mentoring and Alumni Committees hosted current BFIS scholars to lunch in the Chairman’s Suits at Chubb on Friday, August 11th. This annual event gives recently awarded scholars a chance to get to know the ‘BFIS Family’ and establish relationships with industry professionals as well as giving freshman scholars a chance to talk to more... Read more of this article

One Communications Net Income: $2.1 Million

One Communications Net Income: $2.1 Million

In a filing with the Bermuda Stock Exchange [BSX], One Communications released their audited results for the period beginning May 3, 2016 and ending December 31, 2016, saying that operating income was $4.4 million and net income was $2.1 million. “We continued to build out a state of the art FibreWire internet network that will be finished in... Read more of this article

Regulatory Authority Electricity Sector Regulation

Regulatory Authority Electricity Sector Regulation

In July 2017 the Regulatory Authority received consent for the final form of electricity sector licenses, and these “licenses, as well as a license application process developed by the Authority, have now been enacted as general determinations, completing their final and formal legislative stage.” An RA spokesperson said, “On 28 October... Read more of this article

Generation Next Town Hall Meeting Tomorrow

Generation Next Town Hall Meeting Tomorrow

Generation Next is inviting all young people and their parents and supporters to attend a Town Hall meeting tomorrow [Aug 16] at the BIU, with the Town Hall to focus on the importance of youth savings and fiscal responsibility. A spokesperson said, “Generation Next invites all young people, parents and supporters to our youth town hall meeting tomorrow,... Read more of this article

Digicel To Launch Fibre Internet & TV Service

Digicel To Launch Fibre Internet & TV Service

Digicel said they will be completing the rollout of the country’s first Fibre-to-the-Home [FTTH] network this year, and will “use the technology to deploy the most advanced Fibre TV and Internet service.” “Our technology will be a game-changer as it will finally deliver the much-awaited true fibre experience that customers want,” declared... Read more of this article