Hashtag: #BermudaBusiness

Digicel Working To Restore Impacted Sites

Digicel Working To Restore Impacted Sites

Digicel teams are working around the clock to restore any of the impacted sites to get them back up and operational. A spokesperson said, “At Digicel our customer experience and keeping our Network up and running is our core focus; our teams are working around the clock to restore any of the impacted sites to get them back up and operational.... Read more of this article

Shipping Schedule: Week Starting September 21

Shipping Schedule: Week Starting September 21

[Updated] The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday September 21st.On Saturday the Grandeur of the Seas cruise ship is expected, on Sunday the Norwegian Dawn cruise ship, the Oleander container ship and the Agisilaos oil products tanker will arrive, and on Monday... Read more of this article

Arch Insurance & Marsh Launch Blue Vault

Arch Insurance & Marsh Launch Blue Vault

Arch Insurance [UK] Limited, in collaboration with Marsh, the world’s leading insurance broker and risk adviser, announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of digital asset private keys held in traditional vault facilities. Private keys are the alphanumeric data that enable the transaction... Read more of this article

Bermuda Stock Exchange Report: Sept 20 2019

Bermuda Stock Exchange Report: Sept 20 2019

September 20 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,084.37, even on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBSX’s Comprehensive Annual Fee Option BSX New Listing Sponsor: Alexander Securities BSX Is Now... Read more of this article

Dockyard’s Mall Open For Business Tomorrow

Dockyard’s Mall Open For Business Tomorrow

The Mall at Dockyard will reopen tomorrow as the Grandeur of the Seas is due to arrive on Saturday and the Norwegian Dawn on Sunday. However, the West End Development Corporation [WEDCO] is warning people that Dockyard is still in ‘hurricane mode’ with boats taken out of the water for Hurricane Humberto still on the roads and cleaning up work still... Read more of this article

Colonial Urges People To Check Policies

Colonial Urges People To Check Policies

Colonial Insurance is urging their customers to ensure their policies are current and up to date. A spokesperson said, “Hurricane Jerry is currently tracking to become a potential threat to Bermuda by early next week. We continue to urge all of our customers to ensure that their Colonial policies are current and up to date. “We wish to advise... Read more of this article

Sonal Patel Named Estera Managing Director

Sonal Patel Named Estera Managing Director

Estera has appointed Sonal Patel as Managing Director, Head of Sales – Americas, Bermuda and Caribbean. A spokesperson said, “Sonal joins Estera at a significant time for the business as strategic enhancements continue to be implemented across the group, including investments in leadership, facilities and enhanced service capabilities. “Sonal... Read more of this article

Clarien Bank Resumes Normal Operations Friday

Clarien Bank Resumes Normal Operations Friday

Clarien Bank Limited will resume all business operations post Hurricane Humberto on Friday, September 20. The Hamilton and Paget Plaza locations will open at 8:30am per normal for in-branch services. Clarien Bank Limited CEO Ian Truran commented: “Our priority is always the safety of our clients and employees. We have completed a thorough assessment... Read more of this article

Athene Announces Pricing Of Public Offering

Athene Announces Pricing Of Public Offering

Athene Holding Ltd. [Athene] announced the pricing of its public offering of 12,000,000 depositary shares, each representing a 1/1,000th interest in its 5.625% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series B, $1.00 par value and $25,000 liquidation preference per share [equivalent to $25.00 per depositary share], for an aggregate public... Read more of this article

Bermuda Stock Exchange Report: Sept 18 2019

Bermuda Stock Exchange Report: Sept 18 2019

September 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,084.37, 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 StoriesBSX’s Comprehensive Annual Fee Option BSX New Listing Sponsor: Alexander Securities BSX Is Now... Read more of this article

Freisenbruch-Meyer’s Offices Will Close Today

Freisenbruch-Meyer’s Offices Will Close Today

Freisenbruch-Meyer’s offices will close today [Sept 18] at 12.00pm and will reopen at the earliest at noon tomorrow [Sept 19], the company said. A spokesperson said, “As Hurricane Humberto approaches, we are monitoring weather conditions closely. In support of Minister Caines’ recent Press Conference, we encourage all clients to remain vigilant... Read more of this article

Brenton Slade Named As President Of Lodgepine

Brenton Slade Named As President Of Lodgepine

Markel Corporation has hired Brenton “Brent” Slade as president of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities [ILS] fund based in Bermuda. “We are very pleased to have Brent join our senior management team at Lodgepine,” said Andrew “Barney” Barnard, chief executive officer... Read more of this article

Princess ‘Prepared & Ready’ For Hurricane

Princess ‘Prepared & Ready’ For Hurricane

Hamilton Princess said they are prepared and ready for Hurricane Humberto, and as part of its preparations, will be closing its restaurants and facilities to the general public from 1:30pm today and limiting them to in-house guests only. A spokesperson said, “Hamilton Princess & Beach Club is prepared and ready for Hurricane Humberto. As part... Read more of this article