Category: Business
Shipping Schedule: Week Starting April 27
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 27th. On Saturday the MSC Divina cruise ship and the Wave Sentinel cable layer are expected, on Sunday the Norwegian Gem cruise ship and the Oleander container ship will arrive, and on Monday the Unique Infinity... Read more of this article
Registry General Recognises World IP Day
The Registry General joins others in Intellectual Property across the world to celebrate World Intellectual Property Day, an opportunity to explore how intellectual property [IP] is an “opportunity to explore how intellectual property [IP] encourages the growth of creative solutions crucial to building our shared future.” A Government spokesperson... Read more of this article
Bermuda Stock Exchange Report: April 26 2024
April 26 saw 300 shares trade on the Bermuda Stock Exchange, valued at $9,900.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing up 9.1% at $33.00 per share. The BSX finished at 2,425.67, up 6.47% on the day. There was 1 advance, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF], and the... Read more of this article
Harbour Nights Eco-Friendly Initiatives Unveiled
Bermuda Chamber of Commerce, alongside local organizations and the City of Hamilton, unveiled new eco-friendly initiatives for Harbour Nights. A spokesperson said, “The Bermuda Chamber of Commerce is excited to announce significant steps toward making Harbour Nights an eco-friendlier event. These initiatives represent a collaboration with key... Read more of this article
Bermuda Stock Exchange Report: April 25 2024
April 25 saw 0 shares trade on the Bermuda Stock Exchange, valued at $1,312,443.22 BD. The BSX finished at 2,278.17, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report:... Read more of this article
Industry Bolsters BDA’s Presence At RIMS
Bermuda-based employees from member companies of the Association of Bermuda International Companies [ABIC] and the Association of Bermuda Insurers and Reinsurers [ABIR] will be attending RISKWORLD 2024, the annual conference of RIMS, the world’s largest risk management community, in San Diego, California. In addition, the Bermuda Reception at RISKWORLD... Read more of this article
BermudAir Launches ‘BermudAir Holidays’
BermudAir announced today that, in collaboration with several Bermuda hotel partners, it has “launched BermudAir Holidays, a new product providing air and accommodation packages for travel to the island,” with packages starting at $845 per person. “BermudAir Holidays packages start at $845 per person and include round-trip flights... Read more of this article
Retail Sales Decreased 1.2% In November 2023
The Ministry of Economy and Labour released the November 2023 Retail Sales Index publication, revealing a 1.2 percent decrease in retail sales volume compared to the previous year. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the November 2023 Retail Sales Index publication. November’s volume of retail... Read more of this article
Wilton Re Donates $5,000 To Menuhin Foundation
Wilton Reinsurance Bermuda has donated $5,000 to the Menuhin Foundation. A spokesperson said, “The Menuhin Foundation has supported thousands of Bermuda’s school children since 1976 as part of their vision to ensure “that all children will have access to the unique, social, emotion and intellectual benefits of learning to play a stringed instrument... Read more of this article
Zen Marley Mello In World Youth Entrepreneurship
Zen Marley Mello – the founder and CEO of Zanamations an animation video creation business – recently competed at the Network for Teaching Entrepreneurship’ World Youth Entrepreneurship Challenge in New York City. A spokesperson said, “The World Challenge is the signature event for NFTE students from around the globe to compete... Read more of this article
Ariel Re & Hiscox Re & ILS Launch CyberShock
Ariel Re, a premier global reinsurance business with offices in Bermuda, London and Hong Kong and Hiscox Re & ILS, the reinsurance and insurance linked securities arm of specialist global insurer Hiscox, today announced the launch of CyberShock, an industry-first cyber catastrophe consortium. A spokesperson said, “The CyberShock consortium... Read more of this article
LOM Financial Announce $0.06 Dividend
In a filing with the Bermuda Stock Exchange, LOM Financial Limited announced a dividend. The full filing stated: “LOM Financial Limited at a meeting of the Board of the Company held on 22 April 2024 announced: The Board of Directors have decided to pay a dividend of $0.06 per share on 10 May 2024 to the shareholders of record on 3 May 2024.” Related... Read more of this article
Bermuda Stock Exchange Report: April 24 2024
April 24 saw 0 shares trade on the Bermuda Stock Exchange The BSX finished at 2,278.17, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: April 26 2024 Bermuda Stock... Read more of this article
Aircare Unveils Midea Air Conditioners
Aircare Ltd has announced that the Company has introduced a “competitively priced range of small, energy-efficient air conditioners and dehumidifiers from manufacturer Midea.” A spokesperson said, “Midea window units are available in 12,000 Btu capacity with a CEER rating of 10.9 and are available in cooling only and with a heating... Read more of this article
Arch Insurance Int’l Appoints Kirsten Valder
Arch Insurance International has appointed Kirsten Valder as its new Deputy CEO, responsible for overseeing global platform development under CEO Hugh Sturgess. A spokesperson said, “Arch Insurance International has today announced the appointment of Kirsten Valder as Deputy CEO of Arch Insurance International, effective immediately. “As... Read more of this article
Bermuda Stock Exchange Report: April 23 2024
April 23 saw 900 shares trade on the Bermuda Stock Exchange, valued at $24,075.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $30.25 per share, while another 600 shares were traded by BF&M Ltd, closing down 1.9% at $25.00 per share. The BSX finished at 2,278.17, down 0.20% on the day. There were 0 advances, 1 decline,... Read more of this article
