RSSCategory: Business

Airport Named “Most Improved” By ASQ

Airport Named “Most Improved” By ASQ

Bermuda’s LF Wade International Airport has been named the most improved airport in the category of under two million passengers by the Airport Service Quality [ASQ] programme for the second quarter of 2018, Skyport announced. “Out of 65 airports surveyed, the airport’s ranking increased from 55th in quarter one to sixth in quarter two, making... Read more of this article

Plans To Improve Immigration Customer Service

Plans To Improve Immigration Customer Service

In looking at ways to improve customer service and application processing times at the Department of Immigration, the Minister of Home Affairs Walton Brown has been working with department staff to “create both short-term and medium-term plans.” “In order to address outstanding applications and bring them up to date, a short-term solution... Read more of this article

Survey: ABIR Members Contribute Over $840M

Survey: ABIR Members Contribute Over $840M

Members of the Association of Bermuda Insurers & Reinsurers [ABIR] made a direct economic contribution to Bermuda of more than $840 million in 2017, according to the group’s 13th annual member survey results released today [Sept 19]. “Data reported for calendar year 2017 from 23 ABIR members showed ABIR’s aggregate direct economic impact... Read more of this article

Photos: Bacardi Event For New Aged Rums

Photos: Bacardi Event For New Aged Rums

People were last night given an insight into how Bacardi makes its rums at a special tasting session for two of its latest products. Bacardi Regional Trade Ambassador, Carlos Garcia Bacardi, who flew in from Puerto Rico, explained the process behind making the Bacardí Añejo Cuatro and Bacardí Gran Reserva Diez, which have just arrived on-Island. The... Read more of this article

12 Ascendant Staff Receive ILM Certification

12 Ascendant Staff Receive ILM Certification

Twelve members of the Ascendant Group Limited team have attained the Institute of Leadership & Management [ILM] Level 5 Certificate in Leadership and Management. “ILM is an independent charity that forms part of the City & Guilds Group. It is the UK’s largest management body and it aims to improve the standards of leadership and management... Read more of this article

BILTIR Appoint Ronald Klein As Senior Advisor

BILTIR Appoint Ronald Klein As Senior Advisor

The Bermuda International Long Term Insurers and Reinsurers [BILTIR] Board of Directors announced the appointment of Ronnie Klein as Senior Advisor to BILTIR. Klein has over 30 years’ experience in the global life insurance industry and brings a wealth of knowledge to BILTIR. He currently serves as the Secretariat for the Global Reinsurance Forum... Read more of this article

Florida Lawyer Vince Beilman To Give Talk At BII

Florida Lawyer Vince Beilman To Give Talk At BII

Florida lawyer Vince Beilman, who has represented some of the world’s largest insurance carriers and Fortune 500 companies, is to give a talk on countering inflated rates charged by some contractors after disasters like hurricanes. A lunch and learn on this issue, known as Assignment of Benefits [AOB], has been organized by the Bermuda Insurance Institute... Read more of this article

Princess Triples Spending On Local Ingredients

Princess Triples Spending On Local Ingredients

Hamilton Princess & Beach Club have almost tripled their spending on locally sourced ingredients for their restaurants this year to date, giving a boost to local farmers, fishermen and producers. In the January to August period of 2018, Hamilton Princess & Beach Club more than tripled its spending on local produce, increasing its spending by... Read more of this article

M&A Transaction Value Doubled In First Half

M&A Transaction Value Doubled In First Half

According to a report released by law firm Appleby, the “total value of M&A transactions in Bermuda more than doubled in the first half of 2018 when compared to the final six months of the previous year.” The law firm said, “The total value of M&A transactions in Bermuda more than doubled in the first half of 2018 when compared... Read more of this article

Mutual Insurance Appoint Richardson As CEO

Mutual Insurance Appoint Richardson As CEO

Mutual Insurance Company Limited announced that Joanne Richardson joined the Company as Chief Executive Officer effective September 1, 2018. “Joanne, given her extensive experience with media liability risks, is a perfect fit for Mutual,” said Rick Spurling, President and Chairman of Mutual. “She has both the qualifications and the leadership... Read more of this article

Misaki Brings A Unique Taste To Bermuda

Misaki Brings A Unique Taste To Bermuda

[Written by Andreaz Glasgow] Located on Burnaby Street, Misaki is a modern sushi restaurant specialising in picking n’ mixing over 15 sushi combinations. Believed by many to serve some of the best sushi in Bermuda, Misaki has developed a cult following of sushi lovers from east to west. Co-owners Leo Calingasan and Gregory de Melo opened the hotspot... Read more of this article

BMA: Digital Asset Business Code Of Practice

BMA: Digital Asset Business Code Of Practice

The Bermuda Monetary Authority released the Digital Asset Business Code of Practice 2018 which “provides guidance on the duties, requirements, procedures, standards and sound principles to be observed by persons carrying on Digital Asset Business.” The introduction states, “This Code of Practice is made pursuant to section 6 of the... Read more of this article

Chubb Appoint Konz As Executive Vice President

Chubb Appoint Konz As Executive Vice President

Chubb announced that Jeremiah Konz has been named Executive Vice President, Reinsurance Officer for Chubb Overseas General, the company’s international general insurance business in over 50 countries and territories. Mr. Konz is currently Senior Vice President, Ceded Reinsurance for Chubb’s North American operations. In his new role, which... Read more of this article