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Column: Insurance Innovators & Inspiration

Column: Insurance Innovators & Inspiration

[Opinion column written by Ross Webber] Spring is about fresh starts, and at the BDA offices, the spirit of inspiration is feeling decidedly millennial. In the past month, we’ve welcomed Under-40s members of the American Association of General Managing Agents [AAMGA] and the US Reinsurance Under 40s Group, Inc [Re Under 40s] Annual Tour. We also... Read more of this article

Retail Sales Decrease 2.7% In February 2017

Retail Sales Decrease 2.7% In February 2017

Retail sales in February 2017 decreased 2.7% below the $82.2 million recorded in February 2016 and when adjusting for the annual retail sales rate of inflation – measured at 2.1% in February – the volume of retail sales decreased 4.6%, according to the recently released Retail Sales Index. “Four of the seven sectors experienced decreases... Read more of this article

Bermuda Stock Exchange Report: April 21 2017

Bermuda Stock Exchange Report: April 21 2017

April 21 saw 294 shares trade on the Bermuda Stock Exchange, valued at $6,242.25 BD. 192 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $31.00 per share, while another 102 shares were traded by One Communications Ltd, closing even at $2.75 per share. The BSX finished at 1,930.02, up 5.31% on the day. There were 0 advances, 0 declines,... Read more of this article

Digicel Advise Of Interruptions Due To Upgrades

Digicel Advise Of Interruptions Due To Upgrades

Digicel has advised of interruptions to service in certain areas over the next few days as they are in the final phase of their major mobile network upgrade, which will will cause limited periods of disruption to existing services in some locations as they complete installation and testing. A spokesperson said, “We are in the final phases of our... Read more of this article

Marine Expo Profile:  Lionfish Task Force

Marine Expo Profile: Lionfish Task Force

In the sixth in a series of profiles of vendors who will be taking part in the St. George’s Marine Expo on Sunday, April 23rd, we spotlight Bermuda Lionfish Task Force.1. What is the name of your organization? We are the Bermuda Lionfish Task Force. 2. What does your organization specialize in? The Bermuda Lionfish Task Force is a mechanism to... Read more of this article

Marine Expo Profile: Ocean Sails Canvas

Marine Expo Profile: Ocean Sails Canvas

In the fifth in a series of profiles of vendors who will be taking part in the St. George’s Marine Expo on Sunday, April 23rd, we spotlight Ocean Sails Custom Canvas & Upholstery/Doyle Sailmakers Bermuda.1. What is the name of your company? Ocean Sails Custom Canvas & Upholstery/Doyle Sailmakers Bermuda 2. What does your company specialize... Read more of this article

RSIR Realty Offices Return To Front Street

RSIR Realty Offices Return To Front Street

Rego Sotheby’s International Realty announced the return of their offices to Front Street, which served as the base to their headquarters 68 years ago. “The Real Estate company has taken up residence in Front Street’s iconic Dickinson Building. The relocation positions the company right in center of Hamilton,” the company said. Of... Read more of this article

BTA & Minister On Conference, New Legislation

BTA & Minister On Conference, New Legislation

“New legislation to spur hotel investment is expected to move through Parliament in the coming months, which could help to grow Bermuda’s hotel capacity by 1,500 rooms in about ten years,” the Bermuda Tourism Authority said, adding that if “passed this year, the Tourism Incentives Act will play a key role during the upcoming Caribbean... Read more of this article

Bermuda Stock Exchange Report: April 20 2017

Bermuda Stock Exchange Report: April 20 2017

April 20 saw 342 shares trade on the Bermuda Stock Exchange, valued at $2,732.58 BD. 342 shares were traded by Ascendant Group Limited, closing up 6.5% at $7.99 per share. The BSX finished at 1,930.02, up 0.25% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Hotel Plaque Commemorates Insurance History

Hotel Plaque Commemorates Insurance History

Hamilton Princess & Beach Club has unveiled a plaque to commemorate a key milestone in Bermuda’s insurance history. The founding chairman and first employee of ACE Limited, John R. Cox, wrote the company’s first insurance policy in Room 348 at the hotel on November 1, 1985. ACE, which adopted the Chubb name in 2016 following its acquisition... Read more of this article

Soltrino Aims To Shine Bright At Marine Expo

Soltrino Aims To Shine Bright At Marine Expo

Two local moms, Linda Cook and Michelle Viera, the owners of an online boutique selling stylish sun protective clothing and accessories, will showcase their wares at a Trunk Show event, happening at the second annual St. George’s Marine Expo this weekend. Since founding their online store Soltrino last year, the duo have gained support with Bermudians... Read more of this article

California Rain Causes Lettuce Price Increase

California Rain Causes Lettuce Price Increase

Heavy rains in California delayed field plantings which affected the price of lettuce, broccoli, and cauliflower at at least one local supermarket. According to a poster at the store, “Lettuces, Broccoli, and Cauliflower are in short supply and prices are higher than normal. “Why? Heavy rains in California delayed field plantings that would... Read more of this article

IRM & EY Bermuda To Host Blockchain Forum

IRM & EY Bermuda To Host Blockchain Forum

The Institute of Risk Management [IRM] Bermuda Group and EY Bermuda Ltd. will host “Blockchain: Cutting through the Hype,” a forum focused on distributed ledger technology [DLT] in the reinsurance marketplace. The event will be held on Friday, 21 April from 8:30 to 11:30 a.m. at XL Catlin. The forum will begin a presentation and visual representation... Read more of this article