Tag: Bermuda business

Polaris Holding Company Reports $1.81M Loss

Polaris Holding Company Reports $1.81M Loss

In a filing with the Bermuda Stock Exchange, Polaris Holding Company Limited today [Oct 31] released the Company’s audited financial results for the year ending 31 March, 2014; reporting a $1.81 million loss. The filing stated: ”On October 31, 2014 Polaris Holding Company Limited, parent to Stevedoring Services Limited  reported its financial... Read more of this article

Bermuda Stock Exchange Report: Oct 30 2014

Bermuda Stock Exchange Report: Oct 30 2014

Today [Oct 30] saw a volume of 3,000 shares trade on the Bermuda Stock Exchange, valued at $13,500.00 BD. 1,000 shares were traded by Ascendant Group Limited, closing even at $6.00 per share, while the other 2,000 shares were traded by KeyTech Ltd, closing down 6.3% at $3.75 per share. The BSX closed at 1,378.70, down 0.22% on the day. There were 0... Read more of this article

Queen Street To Hold Boo Bash On October 31

Queen Street To Hold Boo Bash On October 31

Queen Street will again be the setting for safe – and free – Halloween trick or treating on Friday [Oct 31] evening when retailers on the popular shopping street open their doors to children in costume for the second year in a row. Boo Bash will see Daisy & Mac, Choices, Sassy and Baked open from 5.30 to 7.30pm tomorrow. Restaurants... Read more of this article

Restaurant Week Sign Up Ends October 31

Restaurant Week Sign Up Ends October 31

The Bermuda Tourism Authority’s [BTA] Product and Experiences team is getting set to launch Restaurant Week, with a call to island restaurants aiming to make the 2015 iteration of the event bigger and better than ever. Providing the opportunity to “showcase your restaurant’s food profile,” Restaurant Week 2015 will take place... Read more of this article

Aspen Declares Dividends On Various Shares

Aspen Declares Dividends On Various Shares

Bermuda-based Aspen Insurance Holdings Limited has declared a quarterly cash dividend on Aspen’s ordinary shares of $0.20 per ordinary share. The dividend is payable on December 2, 2014 to the holders of record as of the close of business on November 13, 2014. Aspen’s Board of Directors also declared a dividend on its 7.401% Perpetual Non-Cumulative... Read more of this article

Blue Capital Reports 2014 Q3 Financial Results

Blue Capital Reports 2014 Q3 Financial Results

Blue Capital Reinsurance Holdings Ltd., a Bermuda holding company that offers collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities, today reported its financial results for the third quarter of 2014. The Company’s net income and operating income for the quarter was $3.2 million [$0.37 per... Read more of this article

Validus Q3 2014 Net Income: $39.7 Million

Validus Q3 2014 Net Income: $39.7 Million

Bermuda-based Validus Holdings, Ltd. reported net income available to Validus of $39.7 million, or $0.41 per diluted common share, for the three months ended September 30, 2014, compared to $183.4 million, or $1.77 per diluted common share, for the three months ended September 30, 2013. Net income available to Validus was $355.4 million, or $3.70 per... Read more of this article

Video: Free Buzz Coffee For Digicel Customers

Video: Free Buzz Coffee For Digicel Customers

“Days after offering postpaid customers 150 free minutes of international talk time, an exciting partnership with Buzz gives all Digicel customers the opportunity to avail of a free coffee this week,” the company announced today [Oct 29]. Alistair Beak, CEO of Digicel Bermuda advises; “As part of our network restoration celebration and... Read more of this article

Montpelier Reports 2014 Q3 Financial Results

Montpelier Reports 2014 Q3 Financial Results

Bermuda-based Montpelier Re Holdings Ltd. reported its financial results for the quarter ended September 30, 2014. Fully converted book value per common share was $32.27, an increase of 2.3% from June 30, 2014 and an increase of 11.2% from December 31, 2013, each after taking into account common share dividends declared during the periods. Operating... Read more of this article

Argo Group Names Nigel Mortimer EVP

Argo Group Names Nigel Mortimer EVP

Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced  that, subject to Bermuda Immigration approval, Nigel Mortimer will take on the newly created role of Executive Vice President, Strategy and Business Development. Mr. Mortimer joined Argo in January 2009 and... Read more of this article


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