Hashtag: #BermudaBusiness

Hamilton Princess Unveil New Staff Uniforms

Hamilton Princess Unveil New Staff Uniforms

Hamilton Princess & Beach Club today [May 22], debuted the new designer uniforms for pool and Beach Club employees. The hotel has collaborated with British men’s fashion designer, Orlebar Brown, in creating the new uniforms. They consist of Orlebar Brown white Jarrett Cotton Polo Shirts and blue Bulldog Cotton Twill Shorts, featuring the hotel’s... Read more of this article

Go Behind Scenes With Virtual Reality AC Videos

Go Behind Scenes With Virtual Reality AC Videos

As the Official Healthcare Partner of SoftBank Team Japan – the Japanese Challenger for the America’s Cup –Argus is launching three virtual reality [VR] videos to give the community a behind the scenes look at SoftBank Team Japan as they prepare for the America’s Cup race. The VR videos were produced by UK-based Parable VR in partnership... Read more of this article

BECL Rockaway Center Temporarily Closed

BECL Rockaway Center Temporarily Closed

Bermuda Emissions Control Rockaway Satellite Testing Center in Southampton is temporarily closed due to “unforeseen staff shortages.” A Government spokesperson said, “Unforeseen staff shortages have struck the Bermuda Emissions Control Ltd. Rockaway Satellite Testing Center in Southampton, causing a temporary closure. “Officials... Read more of this article

Proposed Beneficial Ownership System Changes

Proposed Beneficial Ownership System Changes

Under new legislation being proposed, local companies will be required to file changes to their beneficial ownership, and companies are now being urged to review the proposals contained in a consultation paper on the subject, the Finance Ministry said today. “This is a first for local companies in Bermuda, where the current requirement is for... Read more of this article

Sail Bermuda’s New Catamaran Makes Splash

Sail Bermuda’s New Catamaran Makes Splash

Sail Bermuda, a family owned business offering customised private sailing and snorkeling adventures, has recently expanded its service by adding a new catamaran to its fleet. Originally started by Bobby Zuill in the late 1990’s, Sail Bermuda is now being run by son Caleb and his wife Marilyn. The couple count acquiring their new 47’ catamaran Wyuna... Read more of this article

XL Group Declare Quarterly Dividend Of $0.22

XL Group Declare Quarterly Dividend Of $0.22

XL Group Ltd  announced that the Board of Directors of the Company declared a quarterly dividend on May 18, 2017 of $0.22 per common share payable on the Company’s common shares. The dividend will be payable on June 30, 2017 to common shareholders of record as of June 15, 2017. Related StoriesXL Announces Ogden Rate Change Impact Catastrophe... Read more of this article

A.M. Best Places Sompo Ratings Under Review

A.M. Best Places Sompo Ratings Under Review

A.M. Best has placed under review with developing implications the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a+” of Sompo Japan Canopius Reinsurance AG [Switzerland]. A statement from the ratings agency said, “The Credit Rating [rating] action follows the successful completion of SOMPO Holdings, Inc.... Read more of this article

Shipping Schedule: Week Starting May 20

Shipping Schedule: Week Starting May 20

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday May 20th.On Saturday the Grandeur of the Seas cruise ship is expected, on Sunday the Norwegian Dawn cruise ship and the Oleander container ship will arrive, and on Monday the Anthem of the Seas and the Veendam cruise... Read more of this article

Ascendant Group Share Repurchase Program

Ascendant Group Share Repurchase Program

In a filing with the Bermuda Stock Exchange, Ascendant Group Limited announced a repurchase of up to 200,000 shares through a further share repurchase program. The full filing stated,  ”Ascendant Group Limited [the “Company”] announces that, given the Company’s existing share repurchase program expired today [May 19], its Board of Directors... Read more of this article

Bermuda Stock Exchange Report: May 19 2017

Bermuda Stock Exchange Report: May 19 2017

May 19 saw 10,005 shares trade on the Bermuda Stock Exchange, valued at $25,100.00 BD. 10,000 shares were traded by One Communications Ltd, closing even at $2.50 per share, while another 5 shares were traded by BF&M Ltd, closing even at $21.00 per share. The BSX finished at 2,041.35, even on the day. There were 0 advances, 0 declines, and 62 remained... Read more of this article

Sophia Greaves Appointed To BTA Board

Sophia Greaves Appointed To BTA Board

Bermudian attorney Sophia Greaves has been appointed to the Bermuda Tourism Authority Board of Directors and completed her first meeting today as a Member of the Board. She replaces hospitality real estate executive Allison Reid whose term on the Board has expired. Ms Greaves is a Director in the corporate department of Conyers Dill & Pearman. Her... Read more of this article

Sweet Stixx Excited To Operate In AC Village

Sweet Stixx Excited To Operate In AC Village

There was never any doubt in Kevin Warner’s mind that if the opportunity to get involved in the 35th America’s Cup came about that he was going to grab it with both hands. The owner of Bermuda business Sweet Stixx, Mr Warner has always been one to seize the day and when the island won the right to host the event he knew he “he wanted to be one... Read more of this article

Rum Cellar Pop-Up Bar At Fairmont Southampton

Rum Cellar Pop-Up Bar At Fairmont Southampton

Fairmont Southampton has teamed up with Goslings Rum to create The Rum Cellar, a bespoke pop-up experience for locals, hotel guests, and visitors alike during the America’s Cup. A spokesperson said, “Open exclusively during May and June, The Rum Cellar collaboration with Bermuda’s family-owned and richly celebrated Gosling’s... Read more of this article