Hashtag: #BermudaBusiness

AkinovA Insurance Regulatory Sandbox Licence

AkinovA Insurance Regulatory Sandbox Licence

AkinovA [Bermuda] Ltd, the wholly-owned Bermuda trading subsidiary of AkinovA Limited, said they have “been granted authorisation by the BMA, Bermuda’s financial services regulator, to carry out business through its Innovative Market Infrastructure under the auspices of the BMAs Innovative Regulatory Sandbox Regime. “AkinovA has worked... Read more of this article

St George’s Marine Expo Profile: U Sail Bermuda

St George’s Marine Expo Profile: U Sail Bermuda

In the second in a series of profiles of vendors who will be taking part in the St. George’s Marine Expo on Sunday, May 19th, we spotlight U Sail Bermuda.1. What is the name of your company? U Sail Bermuda, A non-profit limited company owned by the Penruddocke’ s as a family run sailing centre. 2. What does your company specialize in? U Sail Bermuda... Read more of this article

Aspen Announces Management Changes

Aspen Announces Management Changes

Aspen Insurance Holdings Limited announced several changes to its executive leadership team to “support continued operational improvement in the business and best position Aspen to capture new opportunities for profitable growth and value creation”, according to the company. Mark Cloutier, Executive Chairman and Group Chief Executive Officer,... Read more of this article

PartnerRe Longevity Transaction With Manulife

PartnerRe Longevity Transaction With Manulife

PartnerRe Ltd. announced that it has completed a second transaction with The Manufacturers Life Insurance Company [Manulife] to reinsure longevity risk for an in-force block of Canadian individual payout annuities. The deal follows on the heels of an earlier longevity transaction with Manulife completed in January of this year. In aggregate, PartnerRe... Read more of this article

Bermuda Stock Exchange Report: May 14 2019

Bermuda Stock Exchange Report: May 14 2019

May 14 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,401.92, even on the day. There were 0 advances, 0 declines, and 56 remained unchanged. The full report for the day is available here [PDF]. Related StoriesBSX’s Comprehensive Annual Fee Option BSX New Listing Sponsor: Alexander Securities BSX Is Now Highfield... Read more of this article

HSBC Raising Various Fees Effective July 1st

HSBC Raising Various Fees Effective July 1st

HSBC Bank Bermuda is advising that effective on Monday, July 1st they will be making various fee adjustments. In an email sent to customers, the Bank said, “At HSBC, we recognize the importance of keeping you informed when it comes to your banking; notifying you about upcoming fee changes is an important part of this. “Please be advised that... Read more of this article

St George’s Marine Expo Profile: Lir Bermuda

St George’s Marine Expo Profile: Lir Bermuda

In the first in a series of profiles of vendors who will be taking part in the St. George’s Marine Expo on Sunday, May 19th, we spotlight Lir Bermuda. Leyli Walker, photo courtesy of Tom Clarke1. What is the name of your company? Lir Bermuda 2. What does your company specialize in? Sailing gear [clothing and personal flotation device] and custom... Read more of this article

PwC Bermuda Supports Relay For Life Again

PwC Bermuda Supports Relay For Life Again

PwC Bermuda will serve as the official Luminaria Sales and Display Sponsor for a fifth year at the annual Relay for Life event this weekend May 17-18. PwC will be selling Luminaria to raise funds downstairs in the Washington Mall on Wednesday, May 15th from 12-2pm [outside Sportseller]. Over 100 PwC volunteers will be at the National Sports Centre this... Read more of this article

Ranel Taylor Joins Govt Training Programme

Ranel Taylor Joins Govt Training Programme

Recently, Premier David Burt joined Lovitta Foggo, Minister of Labour, Community Affairs and Sports, and Mr. George Outerbridge, the Director of the Department of Workforce Development, to congratulate Mr. Ranel Taylor as he was successfully placed in the Bermuda Government Training Agreement Programme. “The Training Agreement Programme, offered... Read more of this article

Campbell Joins Bitcarbon & Diamond Standard

Campbell Joins Bitcarbon & Diamond Standard

Bitcarbon Technologies – a new company that has applied for a digital assets business license in Bermuda — announced that it has made its first local hire, with James Campbell joining the company as Chief Financial Officer. He has also taken the role of CFO at Diamond Standard Ltd., a sister company which is building an electronic diamond... Read more of this article

St George’s Marine Expo To Be Held On Sunday

St George’s Marine Expo To Be Held On Sunday

The 4th annual St. George’s Marine Expo will now be held on Sunday, May 19th from 11am – 6pm, due to a change in date as a result of the weather. The Bermuda Economic Development Corporation [BEDC] along with Title Sponsor, RUBIS Energy Bermuda, invites the public to come out and enjoy all the festivities that are planned. One of the highlights... Read more of this article

Appleby Partner With Collision Tech Conference

Appleby Partner With Collision Tech Conference

Appleby is partnering with Collision, one of North America’s fastest-growing tech conference, to showcase the firm’s leading offshore technology and innovation practice. Now in its fifth year, Collision has grown to over 25,000 attendees. With more than 100 speakers and 120 countries represented, the 2019 event has become a crossroads for the world’s... Read more of this article

Hiscox: Protection For ‘Business Integrity Risks’

Hiscox: Protection For ‘Business Integrity Risks’

Hiscox, the specialist global insurer, has launched a newly enhanced version of its Security Incident Response [SIR] product, to provide additional protection for ‘business integrity risks’ including corruption and fraud. The new SIR policy also includes cover for expenses incurred by a business when dealing with an insured event. SIR – originally... Read more of this article