Hashtag: #BermudaBusiness

Photos & Video: BUEI Harbourside Market

Photos & Video: BUEI Harbourside Market

The Bermuda Underwater Exploration Institute [BUEI] hosted their annual Harbourside Market event on Saturday [Nov 16] with jolly ole Santa making an appearance. The 9-minute live video replay is below:The free event featured more than forty vendors spread over three floors offering a variety of holiday gifts, as well as a raffle draw, photos with... Read more of this article

Aspen Declares Dividends On Preference Shares

Aspen Declares Dividends On Preference Shares

Aspen Insurance Holdings Limited announced that the Board of Directors has declared the following dividends on its Preference Shares:Quarterly dividend of $0.3719 per share on its 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share;Quarterly dividend of $0.3516 per share on its 5.625%... Read more of this article

Legal 500 Recognises Appleby Lawyers

Legal 500 Recognises Appleby Lawyers

Legal 500, one of the leading international legal directories, published their Caribbean results earlier this week. The rankings are based on feedback from 250,000 in-house peers, client feedback and independent assessment of law firms’ deals and confidential matters. Appleby gained notable rankings across their offices in many sectors and gained... Read more of this article

Shipping Schedule: Week Starting November 16

Shipping Schedule: Week Starting November 16

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday November 16th.On Sunday the Norwegian Escape and the Azamara Journey cruise ships are expected, and on Monday the Oleander container ship, the Sirena cruise ship and the Garonne French Navy ship will arrive. On Tuesday the... Read more of this article

Estera Wins ‘Best Employer Career Progression’

Estera Wins ‘Best Employer Career Progression’

Estera won the ‘Best Employer – Career Progression’ at the Citywealth’s Future Leaders Awards, with the award recognising “excellence across the board as well as significant growth in Estera’s business and investment in people, premises, and systems.” Group Chief Executive Officer at Estera, Farah Ballands commented “With more... Read more of this article

Bermuda Stock Exchange Report: Nov 15 2019

Bermuda Stock Exchange Report: Nov 15 2019

November 15 saw 15,478 shares trade on the Bermuda Stock Exchange, valued at $473,103.00 BD. 3,332 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.9% at $33.00 per share, while another 12,146 shares were traded by Ascendant Group Limited, closing up 3.1% at $29.90 per share. The BSX finished at 2,217.02, down 1.61% on the day. There... Read more of this article

MJM Internationally Recognised By Legal 500

MJM Internationally Recognised By Legal 500

MJM Limited announced that international law firm rating agency, The Legal 500 has once again recognized MJM in the Corporate and Commercial, Dispute Resolution, Real Estate and Trust/Private Client practice areas. Notably, the newest Directors of the firm, Jennifer Haworth of the Dispute Resolution Team and Jeremy Leese of the Corporate Team, have... Read more of this article

Wojciechowski: Connection Between ILS & ESG

Wojciechowski: Connection Between ILS & ESG

Greg Wojciechowski, President and CEO of the Bermuda Stock Exchange [BSX], recently joined a panel to discuss the connection between insurance-linked securities [ILS] and Environmental, Social and Governance [ESG] considerations. Held at the Hamilton Princess and Beach Club, and hosted by Kroll Bond Rating Agency [KBRA], Mr. Wojciechowski was joined... Read more of this article

KFC Donates Over $5,000 To Knowledge Quest

KFC Donates Over $5,000 To Knowledge Quest

Following a very successful 5th consecutive ‘Halloween Treat Voucher’ Campaign, KFC announced that they raised $5,058 in support of Knowledge Quest, after another year of selling treat voucher booklets at their Queen Street, Hamilton location. Knowledge Quest has provided approximately 220 college and university scholarships to Bermudians of limited... Read more of this article

Bacardi Limited Acquires Stillhouse LLC

Bacardi Limited Acquires Stillhouse LLC

Bermuda-headquartered Bacardi Limited, the largest privately-held spirits company in the world, today [Nov 15] announced that it has acquired substantially all of the assets of Stillhouse, LLC. Bacardi made an initial investment in Stillhouse in 2014 and has provided additional funding and strategic support to the company over the years. This acquisition... Read more of this article

Matthew Shaw To Join Tokio Marine Kiln

Matthew Shaw To Join Tokio Marine Kiln

Tokio Marine Kiln [TMK] announces the appointment of Matthew Shaw as chief underwriting officer. Mr Shaw will join in the first half of next year, having come from Chubb where he was most recently divisional president, global markets. TMK chief executive officer Charles Franks said: “This is a first-class appointment and I know Matthew will be a great... Read more of this article

Bermuda Stock Exchange Report: Nov 14 2019

Bermuda Stock Exchange Report: Nov 14 2019

November 14 saw 20,700 shares trade on the Bermuda Stock Exchange, valued at $411,720.00 BD. 15,600 shares were traded by BF&M Ltd, closing up 5.0% at $21.00 per share, while another 2,700 shares were traded by Ascendant Group Limited, closing down 3.3% at $29.00 per share. 2,400 shares were traded by One Communications Ltd, closing even at $3.80... Read more of this article

Employment Leave Act Takes Effect On Jan 1st

Employment Leave Act Takes Effect On Jan 1st

The Government is reminding the community and “particularly local businesses” that the Employment Amendment Act takes effect on January 1, 2020, with the new law extending paid maternity leave to 13 weeks, providing for five days paid paternity leave, and allowing employees to take one week’s holiday after the first six months of employment.A... Read more of this article