Category: Business
TA Associates Invests In Apex Group
TA Associates, a leading global growth private equity firm, announced a “significant minority investment” in global financial services provider Apex Group Ltd. “Apex is majority-owned by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and... Read more of this article
Condé Nast Traveler Reviews St. Regis Resort
Condé Nast Traveler – one of the world’s leading luxury travel publications – recently reviewed Bermuda’s St. Regis Resort. The Condé Nast Traveler website said, “This is rest and relaxation on repeat: Spend a glorious few days parked on this boomerang of perfect pink sand, where the ocean—and a top-notch cocktail—are never... Read more of this article
Shipping Schedule: Week Starting June 19
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 19th.On Saturday the Seaboss cargo ship is expected, on Monday the Oleander container ship will arrive, and on Tuesday the Eastern Highway vehicles carrier is scheduled to arrive, and on Friday the Somers Isles container... Read more of this article
S&P Affirms Global Ratings Of IGI Holdings
International General Insurance Holdings Ltd. announced that S&P Global Ratings has affirmed its financial strength ratings at A- with a Stable outlook. A spokesperson said, “The ratings apply to IGI’s two subsidiaries International General Insurance Co. Ltd. [Bermuda] and International General Insurance Company [UK] Ltd. “The key... Read more of this article
Bermuda Stock Exchange Report: June 18 2021
June 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,561.47, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related StoriesBermuda Stock Exchange Report: June... Read more of this article
BIU Urge Govt & BHA To ‘Rethink Their Decision’
[Updated] “We encourage the Government and BHA to rethink their decision to mandate supervised quarantine and testing that treats unvaccinated people differently,” BIU President Chris Furbert said, adding that “we cannot violate a basic human right – freedom of choice.” Bermuda Industrial Union President Chris Furbert said,... Read more of this article
Clarien & Lindo’s ‘Shop And Earn’ Campaign
To mark the completion of Lindo’s banking migration to Clarien Bank, there will be a ‘Shop & Earn’ campaign at Lindo’s, with one lucky shopper using either a Clarien Mastercard debit card or a Clarien Visa credit card to win a $1,000 Lindo’s gift voucher. A spokesperson said, “Clarien Bank Limited and Lindo’s Group of Companies... Read more of this article
Over 800 Attend Virtual Captive Conference
Over 800 guests attended the virtual 2021 Bermuda Captive Conference, held on June 14 and 15, with visitors drawn from over 33 countries and 6 continents. A spokesperson said, “Captive insurance owners, risk managers, brokers, captive managers, service providers, sponsors and vendors from Fortune 500 companies joined Bermuda industry providers... Read more of this article
BSX Closed For National Heroes Day Holiday
The Bermuda Stock Exchange [BSX] advised that the Exchange will be closed on Monday, 21st, June 2021 in observance of the Bermuda National Heroes Day Public Holiday. The BSX will re-open on Tuesday, 22nd, June 2021. Related StoriesBSX Closed For National Heroes Day Holiday BSX Will Be Closed For National Heroes Day MarketPlace... Read more of this article
EY Launches Wavespace In Bermuda
EY announced that it has launched its latest wavespace in Bermuda to “serve as an environment where businesses can harness advanced technologies and stay ahead of disruption.” A spokesperson said, “Companies, governments and other entities can accelerate their transformation by piloting new technologies and exploring innovative solutions... Read more of this article
Bermuda Stock Exchange Report: June 17 2021
June 17 saw 101,561 shares trade on the Bermuda Stock Exchange, valued at $537,381.95 BD. 101,561 shares were traded by Argus Group Holdings Ltd, closing up 4.4% at $5.01 per share. The BSX finished at 2,561.47, up 0.20% 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
Current Emergency Grant Funding To End
After launching in April, the current phase of the BEDC Covid-19 Emergency Grant Funding will end on June 20th, and the last applications to be considered for support of business impacted during the public health restrictions must be submitted by 11:59 pm on June 19th. A spokesperson said, “The current phase of the BEDC Covid-19 Emergency Grant Funding... Read more of this article
Video: ‘Taking Off’ Highlights Beach Cleanup
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport, with this episode highlighting the beach cleanup. Speaking in the episode, Mikaela Pearman said, “As you may be aware, the property surrounding the LF Wade International Airport has a few beaches, and due to their location,... Read more of this article
