Tag: Bermuda business

Bermuda Stock Exchange Report: Oct 20 2014

Bermuda Stock Exchange Report: Oct 20 2014

Today [Oct 20] saw a volume of 1,500 shares trade on the Bermuda Stock Exchange, valued at $2,985.00 BD. All 1,500 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $1.99 per share. The BSX closed at 1,378.97, even on the day. There were 0 advances, 0 declines, and 74 remained unchanged. The full report from the BSX is available... Read more of this article

Emergency Work Permits Following Gonzalo

Emergency Work Permits Following Gonzalo

[Updated with PLP comment] The Department of Immigration confirmed that, until October 21, businesses can apply for emergency temporary work permits if they are in need of added assistance with Hurricane Gonzalo restoration work. A Government spokesperson said, “Until October 21st businesses can apply for emergency temporary work permits post... Read more of this article

Susan Steinhoff Joins Hamilton Re As VP

Susan Steinhoff Joins Hamilton Re As VP

Hamilton Re, the Bermuda-based property casualty reinsurer of Hamilton Insurance Group, today announced that Susan Steinhoff will be joining the company next month as Senior Vice President, Property. Mrs. Steinhoff will report to Chief Underwriting Officer, Property, Tim Duffin. She will take up her new position on November 4, 2014. “As we build out... Read more of this article

Hiscox Re Announces New Senior Roles

Hiscox Re Announces New Senior Roles

Hiscox Re has made two senior appointments, with Bevis Tetlow appointed to a new role as Chair of North America and Caribbean, and Philip Vandoninck appointed to a new role of Chair of International. A spokesperson said, “Bevis Tetlow [pictured left], who is based in Bermuda, joined Hiscox in 2005 and has previously had roles at Risk Management... Read more of this article

Appleby, Asset Recovery Firm Of The Year

Appleby, Asset Recovery Firm Of The Year

Appleby has ben recognised as the Firm of the Year in the asset recovery sector in the 2014 edition of the Who’s Who Legal 100. The independent assessment of the world’s top law firms called Appleby’s asset recovery practice “of the very highest standard.” A spokesperson said, “Who’s Who Legal 100 evaluates the world’s top... Read more of this article

BEDC Launches 7th Annual ‘Rocket Pitch’

BEDC Launches 7th Annual ‘Rocket Pitch’

The Bermuda Economic Development Corporation [BEDC] is getting set to launch the seventh annual Rocket Pitch competition. Sponsored by PwC Bermuda, the Bermuda Tourism Authority, and the Department of Ecommerce, the event is being run as part of the upcoming Global Entrepreneurship Week [GEW] from November 17 – 21, and is open to all entrepreneurs. “PwC... Read more of this article

Platinum Underwriters Reports Q3 Results

Platinum Underwriters Reports Q3 Results

Bermuda-based Platinum Underwriters Holdings, Ltd. reported net income of $29.1 million and diluted earnings per common share of $1.12 for the quarter ended September 30, 2014. The results for the quarter include net premiums earned of $129.5 million, net favorable development of $23.5 million and net investment income of $17.5 million. Michael D.... Read more of this article

Bermuda Stock Exchange Report: Oct 16 2014

Bermuda Stock Exchange Report: Oct 16 2014

Today [Oct 16] saw the BSX’s week, ending early due to Hurricane Gonzalo, finish with 50,000 shares traded on the day, valued at $99,500.00 BD. All 50,000 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $1.99 per share. The BSX finished the week at 1,378.97, up 0.09% on the day. There were 0 advances, 0 declines, and 74... Read more of this article

Wheel Alignment And Why It Is Important

Wheel Alignment And Why It Is Important

[Written by Krishna King] Imagine taking a relaxing drive on the South Shore on a beautiful warm day. Now imagine driving on South Shore on the same day with your wheels pointing in the wrong direction. Not so great, right? That’s why wheel alignment is so important. Alignment is a complex topic covering a variety of terms and a smorgasbord of parts,... Read more of this article

OIL Insurance Limited CEO To Retire In 2016

OIL Insurance Limited CEO To Retire In 2016

After more than a decade of service in Bermuda as President and Chief Executive Officer of Oil Insurance Limited [OIL], and Oil Casualty Insurance Ltd. [OCIL], Robert Stauffer has announced his planned retirement at the start of 2016. In addition to his role as President and CEO, Mr. Stauffer has also served as a Director of OCIL since 1986 and as a... Read more of this article


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