Tag: Bermuda business

Deloitte To Host Student Reception This Evening

Deloitte To Host Student Reception This Evening

Deloitte will host a reception this evening [Dec 22] from 5:30-7:30 at Taste 141 for students interested in a career in the accounting, actuarial, consulting, and advisory professions. Students can meet with partners, managers and staff from several Deloitte global offices to ask questions about life at Deloitte, and what it’s like to work in... Read more of this article

Third Point Realigns Partnership With Hiscox

Third Point Realigns Partnership With Hiscox

Bermuda-based Third Point Reinsurance Ltd. announced a “re-alignment of its partnership” with Hiscox Insurance Company [Bermuda] Limited  in the catastrophe reinsurance fund management business. The company said, “Third Point Re intends to contribute certain resources of Third Point Reinsurance Investment Management Ltd. into Hiscox’s... Read more of this article

Fitch Affirms Ratings Of AXIS Capital Holdings

Fitch Affirms Ratings Of AXIS Capital Holdings

Fitch Ratings has affirmed the ‘A+’ Insurer Financial Strength [IFS] ratings of AXIS Capital Holdings Ltd. [AXIS Capital] and its operating subsidiaries. The Rating Outlook is Stable. A statement from the ratings agency said, “AXIS Capital’s ratings reflect its ‘Medium’ market position and size/scale, strong capitalization,... Read more of this article

Key European Report On Bermuda’s Equivalence

Key European Report On Bermuda’s Equivalence

Bermuda’s quest for equivalence with Europe’s Solvency II Directive moved closer to fruition when EIOPA, the European Union’s leading insurance regulatory body, published its equivalence findings and invited feedback prior to a final report which is to be submitted to EIOPA’s Board of Supervisors before being sent to the European Commission,... Read more of this article

Montpelier Re Declare Quarterly Dividends

Montpelier Re Declare Quarterly Dividends

Bermuda-based Montpelier Re Holdings Ltd., has declared a quarterly dividend of $0.20 per Common Share; and a quarterly dividend of $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A, each payable on or before January 15, 2015, to all shareholders of record as of December 31, 2014. The company said, “The Board currently intends to maintain... Read more of this article

Bermuda Stock Exchange Report: Dec 19 2014

Bermuda Stock Exchange Report: Dec 19 2014

Today [Dec 19] saw a volume of 44,600 shares trade on the Bermuda Stock Exchange, valued at $179,570.00 BD. 20,000 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $1.99 per share, while another 4,000 shares were traded by BF&M Ltd, which closed up 2.3% at $18.00 per share. Another 6,000 shares were traded by Argus Group Holdings... Read more of this article

Aspen Re Renews Silverton Re For 2015

Aspen Re Renews Silverton Re For 2015

Aspen Reinsurance, the reinsurance segment of Aspen Insurance Holdings Limited, announced that its Aspen Capital Markets division has renewed Silverton Re for 2015. Silverton Re is a Bermuda-domiciled special purpose insurer which was established in December 2013 to provide additional collateralized capacity to support Aspen Re’s global reinsurance... Read more of this article

Premier: Sun Life’s Plan A “Confidence Boost”

Premier: Sun Life’s Plan A “Confidence Boost”

Premier Michael Dunkley said he welcomed the news from Sun Life that it intends to expand jobs in Bermuda over the next few years, saying it has shown “incredible foresight”, and is a “confidence boost for Bermuda’s economy and workforce.” Sun Life Financial International announced plans to “accelerate expansion in its Bermuda operation”,... Read more of this article

Bermuda Stock Exchange Report: Dec 18 2014

Bermuda Stock Exchange Report: Dec 18 2014

Today [Dec 18] saw a volume of 34,900 shares trade on the Bermuda Stock Exchange, valued at $112,000.00 BD. 26,000 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $1.99 per share, while another 1,000 shares were traded by BF&M Ltd, which closed down 2.2% at $17.60 per share. The other 7,900 shares were traded by Ascendant... Read more of this article

Butterfield Donates $5,000 To Salvation Army

Butterfield Donates $5,000 To Salvation Army

The Bank of N.T. Butterfield & Son Limited recently presented The Salvation Army with a $5,000 donation; the proceeds of its employee Holiday Raffle ticket sales. During December, Butterfield employees had the opportunity to purchase $1 Holiday Raffle tickets for a chance to win some great prizes, including vacation days, a travel voucher, retail... Read more of this article


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