Hashtag: #UnitedKingdom

UK Will “Consult” With Territories About Brexit

UK Will “Consult” With Territories About Brexit

Speaking in UK Parliament yesterday, Prime Minister David Cameron said they must ensure that the interests of all parts of the UK are protected, so as they prepare to negotiate with the European Union they will consult various jurisdictions including the Overseas Territories. The UK referendum on June 23rd saw the British vote — by 51.9% — to sever... Read more of this article

AM Best: Brexit Could Impact On Insurers Results

AM Best: Brexit Could Impact On Insurers Results

According to A.M. Best, the financial market volatility from Brexit “could have a material impact on insurers’ half-year results and balance sheets.” The UK referendum saw the British vote — by 51.9% — to sever the country’s membership in the European Union, with Britain set to be the first country to leave the EU since its formation.A... Read more of this article

Bermuda Signatures Listed On UK Brexit Petition

Bermuda Signatures Listed On UK Brexit Petition

According to the statistics associated with the petition, as of this writing over 200 people who listed their location as Bermuda have signed the petition on the UK Parliament website calling for a second referendum on EU membership. The petition — which has over 2.6 million signatures overall — says, “We the undersigned call upon... Read more of this article

Walter Roban: Brexit’s Implications For Bermuda

Walter Roban: Brexit’s Implications For Bermuda

“It is important that Bermuda’s future interest is not at risk and does not fall victim to any negative consequences the exit of the UK from the European Union may bring,” Shadow Minister of Home Affairs Walter Roban said. The historic UK referendum saw the British vote — by 51.9% — to sever the country’s membership in the... Read more of this article

Business Leaders On Impact Of UK Leaving EU

Business Leaders On Impact Of UK Leaving EU

[Updated] The Association of Bermuda Insurers and Reinsurers and Bermuda Business Development Agency have both commented on the British voters decision to leave the European Union, with the referendum seeing 51.9% of voters backing an exit vote, while 48.1% voted to stay. ABIR said that Bermuda’s Solvency II equivalence finding by the European Union... Read more of this article

Premier On UK Vote To Leave European Union

Premier On UK Vote To Leave European Union

Next month Overseas Territories leaders will be meeting ahead of the annual Joint Ministerial Council in London and a “priority on our agenda is to discuss the impact on Territories of a British exit from the EU,” Premier Michael Dunkley said in the House of Assembly today [June 24] The Premier said, “Yesterday the people of Great... Read more of this article

UK Votes To Leave EU, David Cameron Resigns

UK Votes To Leave EU, David Cameron Resigns

In what is being called a “stunning result,” British voters took to the polls yesterday [June 23] in deciding to cut ties with the European Union, resulting in the resignation of Prime Minister David Cameron soon after. When all was said and done, the United Kingdom voted 51.9 percent to 48.1 percent to leave the EU after 43 years.A story... Read more of this article

Hamilton Insurance Opens New Offices In London

Hamilton Insurance Opens New Offices In London

Hamilton Insurance Group — the Bermuda-based holding company for insurance and reinsurance operations that underwrite property and casualty risks on a worldwide basis — has opened new offices in London to support its growth in the Lloyd’s market. Deputy Premier of Bermuda and Finance Minister Bob Richards will join Group Chairman and CEO... Read more of this article

Bermudian Enters Miss West Indies UK Pageant

Bermudian Enters Miss West Indies UK Pageant

Sherika Burgess — a 25-year-old Bermudian currently living in the United Kingdom — is representing the island by competing in the Mr and Miss West Indies Pageant UK. Ms. Burgess attended the Berkeley Institute and is currently a student at Coventry University, studying a BA in English and teaching English as a Foreign Language. “This... Read more of this article

Premier Dunkley Writes To UK Opposition Leader

Premier Dunkley Writes To UK Opposition Leader

Premier Michael Dunkley wrote to UK Opposition Leader Jeremy Corbyn to provide information about Bermuda in light of the Leader of the Opposition’s recent comments in Parliament about the Island in the wake of the Panama Papers’ release. Mr Corbyn — who had previously suggested that the UK should consider imposing “direct rule” over... Read more of this article

Premier Sends Birthday Wishes To The Queen

Premier Sends Birthday Wishes To The Queen

Today [April 21] Queen Elizabeth II celebrates her 90th birthday, and and in honour of the occasion, Premier Michael Dunkley has written to the Queen extending birthday well wishes and congratulations on behalf of Bermuda. Premier Dunkley wrote, Bermuda joins with the rest of the world in wishing you the happiest of birthdays. The occasion of your 90th... Read more of this article

Exchange Of Information Between UK & Bermuda

Exchange Of Information Between UK & Bermuda

The official UK Government website posted a number of documents today [April 21], detailing information sharing agreements between the UK Government and various territories, including Bermuda. In posting the document, the website said, “This exchange of notes and technical protocol for sharing beneficial ownership information came into force on... Read more of this article