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Bermuda Stock Exchange Report: Jan 16 2018

Bermuda Stock Exchange Report: Jan 16 2018

January 16 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,313.29, even on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related StoriesNasdaq & BSX Market Technology Agreement Guide For Investors In Bermuda Stock Market BSX Launches... Read more of this article

Successful Speed Networking For Students

Successful Speed Networking For Students

University students home for Christmas were given the opportunity to participate in the BFIS Annual Christmas Speed Networking Lunch on December 28th at O’Hara House [courtesy of XL Catlin]. Approximately 35 insurance professionals and 40+ college students enjoyed an hour of fast but extremely useful one-on-one ‘interviews’ with numerous insurance... Read more of this article

Chance To Eat Free During Restaurant Weeks

Chance To Eat Free During Restaurant Weeks

Some diners will eat free during Bermuda Restaurant Weeks just for dining at participating restaurants on a Wednesday night. The purpose of the new promotion, within the Restaurant Weeks campaign, is to incentivise consumers to eat out in the middle of the week. It’s called Inspired Wednesdays, partly because only restaurants serving Bermuda-inspired... Read more of this article

Cabinet & KPMG Discuss U.S. Tax Reform

Cabinet & KPMG Discuss U.S. Tax Reform

Cabinet Ministers held a meeting with KPMG in Bermuda to discuss U.S. Tax Reform, and the “threats and opportunities” that it presents for the Bermuda economy. Premier and Minister of Finance David Burt tweeted the photos below, and said, “This morning the Cabinet discussed US Tax Reform with @KPMGinBermuda and the threats and opportunities... Read more of this article

Bermuda To Host Coterie Wedding Conference

Bermuda To Host Coterie Wedding Conference

Munaluchi Bride Magazine — a leading multicultural wedding publication in the United States — is bringing its annual retreat to the island in what is described as a “profile-raising opportunity for Bermuda”. The Coterie Retreat will be a three-day conference of more than 100 wedding and event professionals, hosted at the Hamilton Princess... Read more of this article

Bluewave Partners With Mimosa Networks

Bluewave Partners With Mimosa Networks

Mimosa Networks announced that Bluewave has selected Mimosa as its fixed wireless technology partner. “Seeking to revolutionize the local market with a truly convergent network, Bluewave is providing affordable, reliable, high-speed internet, video and voice to its local business and residential subscribers. Bluewave is owned by East End Telecom,... Read more of this article

Twizy Chargers To Be Installed In Dockyard

Twizy Chargers To Be Installed In Dockyard

Six charging stations are to be installed at the Royal Naval Dockyard so that Twizy drivers can get a free electric top-up. And the West End Development Corporation [WEDCO] is also discussing opportunities with other electric car operators to see if more charging stations can be installed in the area. “One of the issues we have found is that different... Read more of this article

Natural Goods, Desserts & More At ‘Tuck Shop’

Natural Goods, Desserts & More At ‘Tuck Shop’

The ‘Tuck Shop’ has opened on Middle Road in Southampton, with the store currently offering a variety of items, with the offerings centered around a “mantra of natural, organic, handmade.” Alicia Tucker told Bernews that the store will offer homemade desserts, cappuccinos and lattes, toys, natural cleaners, accessories, jeweley,... Read more of this article

George Thomas Resigns From Polaris Board

George Thomas Resigns From Polaris Board

In a filing with the Bermuda Stock Exchange [BSX], Polaris Holding Company Ltd., reported on 12 January 2018 the resignation of Mr. George Thomas Jr. from the Polaris Board and its subsidiaries with immediate effect. Related StoriesPolaris Holding’s February Share Repurchases Polaris Holding January Share Repurchases Polaris Holding’s... Read more of this article

AM Best Assigns Ratings To Hannover Re

AM Best Assigns Ratings To Hannover Re

A.M. Best has assigned a Financial Strength Rating of A+ [Superior] and a Long-Term Issuer Credit Rating of “aa” to Hannover Life Reassurance Company of America [Bermuda] Ltd. [HLRA Bermuda] [Bermuda], a wholly owned indirect subsidiary of Hannover Rueck SE [Hannover Re]. The outlook assigned to these Credit Ratings [ratings] is stable. The ratings... Read more of this article

Bermuda Stock Exchange Report: Jan 15 2018

Bermuda Stock Exchange Report: Jan 15 2018

January 15 saw 23,800 shares trade on the Bermuda Stock Exchange, valued at $237,610.00 BD. 23,800 shares were traded by Ascendant Group Limited, closing up 5.3% at $10.00 per share. The BSX finished at 2,313.29, up 0.21% 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

Designer Balloons Studio Website Launched

Designer Balloons Studio Website Launched

Designer Balloons Studio, a business specializing in balloon décor and other party supplies, has launched an interactive new website, giving customers the chance to bring a creative vision for their next event to life. The site, www.designerballoonstudio.com, which officially launched last week, allows people to purchase an array of balloons and creative... Read more of this article

R&Q Sells Insurance & Captive Operations

R&Q Sells Insurance & Captive Operations

Randall & Quilter Investment Holdings Ltd. [R&Q] announced the sale of its Insurance Services and Captive Management Operations to Davies Group [Davies] a leading operations management, consultancy and digital solutions provider. The transaction involves the sale of the entire share capital of JMD Specialist Insurance Services Group Limited... Read more of this article