RSSCategory: Business

Carey Olsen Excels In Chambers High Rankings

Carey Olsen Excels In Chambers High Rankings

Carey Olsen Bermuda Limited’s trusts and private wealth team achieved top rankings in the Chambers High Net Worth 2024. A spokesperson said, “Carey Olsen Bermuda Limited’s trusts and private wealth team has excelled in the Chambers High Net Worth 2024 rankings, with all lawyers recognised. “Leading the team, Keith Robinson, Bermuda... Read more of this article

Bermuda Stock Exchange Report: July 18 2024

Bermuda Stock Exchange Report: July 18 2024

July 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,738.71, 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: July 17 2024 Bermuda Stock Exchange... Read more of this article

Appleby Rankings In Chambers & Partners

Appleby Rankings In Chambers & Partners

Nine lawyers from Appleby’s global Private Client & Trusts practice have been recognised in the 2024 edition of the Chambers and Partners High Net Worth [HNW] Guide. A spokesperson said, “It means the Group has secured rankings across six of its global locations – Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, the Isle... Read more of this article

AXA XL Appoints Michelle Bailey To New Role

AXA XL Appoints Michelle Bailey To New Role

AXA XL has appointed Bermudian Michelle Bailey to the new role of Head of Professional, Bermuda. A spokesperson said, “Ms. Bailey, who reports to Noel Pearman, Chief Underwriting Officer, Bermuda of AXA XL’s Insurance business, has more than 20 years of industry experience. “In the new role, she is responsible for leading the Bermuda Professional... Read more of this article

ABIR Holds Leadership Dialogue With NAIC

ABIR Holds Leadership Dialogue With NAIC

The Association of Bermuda Insurers and Reinsurers [ABIR] hosted leaders from the National Association of Insurance Commissioners [NAIC], the US standard-setting and regulatory support body governed by chief insurance regulators from all 50 states, for discussions on market trends and matters of mutual interest. A spokesperson said, “Executives from... Read more of this article

Colm Homan To Retire From PwC After 31 Years

Colm Homan To Retire From PwC After 31 Years

After 31 years at PwC, including over 20 years as partner, Colm Homan is retiring, effective September 30, 2024. A spokesperson said, “Colm has been central to the Bermuda firm’s success and growth, helping to shape it into what it is today. Colm joined PwC Bermuda in 1999, bringing a wealth of knowledge, expertise and a passion for excellence... Read more of this article

ABIC Summer Interns: Lodge, Steinhoff & Simons

ABIC Summer Interns: Lodge, Steinhoff & Simons

The Association of Bermuda International Companies [ABIC] has welcomed three interns for the summer; Zaire Lodge, Shane Steinhoff and Zadok Simons. A spokesperson said, “Lodge is pursuing a degree in politics and economics at the University of Southampton in the UK. Steinhoff attends Kent University in the UK and is studying data science. Both students... Read more of this article

Minister On GDP & Economic Performance

Minister On GDP & Economic Performance

Minister for Economy and Labour Jason Hayward held a press conference to discuss Bermuda’s 4th quarter 2023 GDP and economic performance. Minister Hayward said, “Good day to members of the media and the listening public. “The Quarterly GDP estimates indicate that Bermuda’s economy continued to expand and demonstrate strong economic... Read more of this article

Clarien Bank Unveils ESG Strategy Updates

Clarien Bank Unveils ESG Strategy Updates

Clarien Bank announced the latest updates in its commitment to Environmental, Social, and Governance [ESG] considerations, a field they said is “quickly becoming indispensable for businesses worldwide, including those in the banking sector.” A spokesperson said, “Recognising that adopting robust ESG practices is no longer a matter... Read more of this article

Banyan Risk Unveils Partnership With PartnerRe

Banyan Risk Unveils Partnership With PartnerRe

Banyan Risk Ltd, the specialty Managing General Agent [MGA], has announced a long-term strategic partnership with global reinsurer PartnerRe to write Excess Casualty Insurance, subject to approval by the Bermuda Monetary Authority [BMA]. A spokesperson said, “The collaboration will see PartnerRe provide capacity and shareholder support for the... Read more of this article

BEDC To Host ‘Business Essentials’ Event

BEDC To Host ‘Business Essentials’ Event

The Bermuda Economic Development Corporation announced a Lunch & Learn event on July 25, 2024, to guide entrepreneurs through the business registration process in Bermuda. A spokesperson said, “The Bermuda Economic Development Corporation [BEDC] is pleased to announce an upcoming Lunch & Learn event, “Business Essentials: Step-by-Step... Read more of this article

Bermuda Stock Exchange Report: July 17 2024

Bermuda Stock Exchange Report: July 17 2024

July 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,738.71, 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: July 18 2024 Bermuda Stock... Read more of this article

Princess Renews Sponsorship For Cup Match

Princess Renews Sponsorship For Cup Match

Hamilton Princess & Beach Club has renewed its commitment as a Gold Sponsor for the 2024 Cup Match Classic at Somerset Cricket Club. A spokesperson said, “Hamilton Princess & Beach Club is pleased to continue its commitment to the Annual Cup Match Classic, as a Gold Sponsor for the 2024 event!” Tim Morrison, General Manager of Hamilton... Read more of this article

Benson Offers Dermaplane Certification Classes

Benson Offers Dermaplane Certification Classes

Sasha Benson has been appointed as Bermuda Dermaplane Pro’s distributor, and is offering certification classes. Ms Sasha Benson stated, “I’m excited to inform you officially that I have been appointed as the Bermuda Dermaplane Pro and exclusive distributor by Dermaplane Pro. This development offers Bermuda residents a unique chance... Read more of this article

Global Atlantic Offer $125,000 In Business Grants

Global Atlantic Offer $125,000 In Business Grants

Global Atlantic will provide $125,000 in small business accelerator grants to winning entrepreneurs in the Wave of Opportunity Pitch Competition, and applications are now open for the competition. A spokesperson said, “Global Atlantic Financial Group [Global Atlantic], a leading insurance company meeting the retirement and life insurance needs... Read more of this article

BermudAir Launches ‘Kids Fly Free’ Promotion

BermudAir Launches ‘Kids Fly Free’ Promotion

BermudAir launched a “Kids Fly Free” promotion, stating that it “allows for one eligible free child seat per full fare adult.” A spokesperson said, “BermudAir, Bermuda’s boutique airline, today launched a promotion that makes travel to Bermuda even more affordable for families. Under the airline’s first Kids Fly... Read more of this article