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Arthur Rego Joins Oyster Consulting Bermuda

Arthur Rego Joins Oyster Consulting Bermuda

Oyster Consulting [Bermuda] Ltd. announced that Arthur Rego has joined the financial services consulting firm, and will be providing general compliance consulting with an emphasis on AML audits, accounting, valuations, financial management and strategic planning. “Arthur brings more than a 30 years of senior management expertise in financial services,... Read more of this article

Willis Re Bermuda Appoints McDowell As CEO

Willis Re Bermuda Appoints McDowell As CEO

Willis Re announced the appointment of Chris McDowell as CEO of Willis Re Bermuda. Effective January 1, 2017, he will succeed Michael Harden, CEO of Willis Re Bermuda since 2014, who is returning to the Asia Pacific region as president of Willis Re Asia Pacific. McDowell and his team will report into Willis Re Specialty. With more than 30 years in the... Read more of this article

Bermuda Stock Exchange Report: Aug 23 2016

Bermuda Stock Exchange Report: Aug 23 2016

August 23 saw 195,000 shares trade on the Bermuda Stock Exchange, valued at $828,750.00 BD. 192,000 shares were traded by Argus Group Holdings Ltd, closing even at $4.00 per share, while another 3,000 shares were traded by Watlington Waterworks Ltd, closing even at $20.25 per share. The BSX finished at 1,360.60, even on the day. There were 2 advances,... Read more of this article

Butterfield Receives Captive Services Award

Butterfield Receives Captive Services Award

The Bank of N.T. Butterfield & Son Limited has received the award for best Collateral Service Provider – Letters of Credit from Captive Review in its 2016 US Captive Services Awards. The US Captive Services Awards annually recognise excellence and innovation in the provision of services to captive insurers. In recognising Butterfield for its... Read more of this article

BCF Receives Quality Accreditation Designation

BCF Receives Quality Accreditation Designation

The Bermuda Community Foundation [BCF] has been awarded top marks for its performance by the United Kingdom’s highest standard for philanthropic excellence, UKCF Quality Accreditation Programme [QA3]. The programme establishes legal, ethical, and effective practices for community foundations everywhere. Although the BCF was launched just three years... Read more of this article

Endurance Launch New Compensation Product

Endurance Launch New Compensation Product

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has launched a new workers’ compensation insurance product for its Global Risk Solutions clients. Global Risk Solutions, a new business line launched earlier this year within Endurance Insurance, targets middle market and large... Read more of this article

PartnerRe Appoint Two Non-Executive Directors

PartnerRe Appoint Two Non-Executive Directors

Bermuda-based PartnerRe Ltd. announced that Bilge Ogut and Nikhil Srinivasan have been appointed to its Board of Directors. Ms. Ogut is Head of Private Equity in Europe at Partners Group, the global private markets investment manager firm, and is a member of Partners Group’s Private Equity Directs Investment Committee and Private Equity Primaries... Read more of this article

Bermuda Stock Exchange Report: Aug 22 2016

Bermuda Stock Exchange Report: Aug 22 2016

August 22 saw 13,558 shares trade on the Bermuda Stock Exchange, valued at $85,834.70 BD. 12,700 shares were traded by Ascendant Group Limited, closing up 2.8% at $5.60 per share, while another 858 shares were traded by BF&M Ltd, closing even at $17.15 per share. The BSX finished at 1,360.60, up 0.11% on the day. There was 1 advance, 0 declines,... Read more of this article

Video: Kyle Fisher Wins RUBiS Free Fuel For Life

Video: Kyle Fisher Wins RUBiS Free Fuel For Life

RUBiS Energy announced the winner of their ‘Fuel For Life’ promotion as Kyle Fisher, presenting him with his prize today. The promotion, which launched in 2015, featured the prize of a lifetime’s worth of free fuel to one individual. Mr. Fisher becomes the second recipient of this prize, which the company values at $112,500.00.The promotion,... Read more of this article

Longtail Aviation Adds 2nd Boeing Business Jet

Longtail Aviation Adds 2nd Boeing Business Jet

Longtail Aviation announced the addition of a second Boeing Business Jet to its managed fleet, saying “clients will enjoy all the same comforts in the air as on the land: two private state rooms, each with a private bath/shower; a fully equipped service galley; private office space and an over-abundance of space to relax in total privacy or conduct... Read more of this article

Tucker, Braithwaite & Burrows Win Scholarships

Tucker, Braithwaite & Burrows Win Scholarships

Cox Hallett Wilkinson announced the recipients of the 2016 CHW Scholarship and Bursaries, with Rachel Tucker, Taylor Braithwaite, and Ciara Burrows all being selected for the awards. A CHW spokesperson said, “From a large pool of excellent applicants, the following were selected: Ms Rachel Tucker has been chosen for the CHW Scholarship. Educated... Read more of this article

Tumble Tots Celebrating Its 31st Anniversary

Tumble Tots Celebrating Its 31st Anniversary

After recognizing a need for a program designed specifically for younger age groups more than three decades ago, Anne Hines and Christine DeSilva combined their extensive education experience in order to create Tumble Tots Bermuda, which is currently celebrating its 31st anniversary. Tumble Tots’ mission 31 years ago was to “promote strong... Read more of this article

Consumer Price Index: Inflation Dropped 0.3%

Consumer Price Index: Inflation Dropped 0.3%

Consumers paid 0.8% more in June 2016 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. The level of inflation dropped 0.3 percentage points from the 1.1% measured in May 2016.The Consumer Price Index report said, “Between May 2016 and June 2016, the average cost of goods and services in the... Read more of this article