Category: Business
Appleby To Host Privacy Officer Training Camp
Appleby’s Bermuda office is introducing a Privacy Officer Training Boot Camp, designed for current and prospective Privacy Officers, in-house counsel, compliance managers, human resource professionals, and all other service providers who are associated with a Privacy Officer’s duties and responsibilities. A spokesperson said, “The course will... Read more of this article
MultiStrat Appoints Maryam Abdullah
MultiStrat, the specialist underwriter and reinsurance investment platform, has hired Maryam Abdullah as Head of Pricing. A spokesperson said, “Based in Bermuda, Ms Abdullah will support MultiStrat’s ambitious growth plans for 2025. “Ms Abdullah, who has worked with the company since 2022 as a consultant, now joins MultiStrat on a full-time... Read more of this article
RenaissanceRe Announces Dividend Increase
The Board of Directors of RenaissanceRe Holdings voted to increase the Company’s quarterly dividend to $0.40 per common share, from $0.39 per common share. A spokesperson said, “The Company has increased its dividend during each of the thirty years since its initial public offering. The dividend is payable on March 31, 2025, to shareholders... Read more of this article
Carey Olsen Lawyers Named In Global Elite
Eleven Carey Olsen lawyers have been recognized in the 2025 Private Client Global Elite Directory, highlighting the firm’s top-tier private wealth expertise. A spokesperson said, “11 of Carey Olsen’s trusts and private wealth lawyers have been named in the 2025 edition of the highly respected Private Client Global Elite Directory. “The... Read more of this article
Bermuda Stock Exchange Report: Feb 10 2025
February 10 saw 441 shares trade on the Bermuda Stock Exchange, valued at $16,317.00 BD. 441 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $37.00 per share. The BSX finished at 2,542.04, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Butterfield Reports Fourth Quarter 2024 Results
The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter and year ended December 31, 2024. A spokesperson said, “Net income for the year ended December 31, 2024 was $216.3 million, or $4.71 per diluted common share, compared to $225.5 million, or $4.58 per diluted common share, for the year ended December 31,... Read more of this article
Bermuda Visitor’s Service Centre To Relocate
The pink-and-blue container structure near Hamilton Harbour — “initially built for the 2017 America’s Cup and later converted into the Bermuda Visitors Service Centre [BVSC] — is being dismantled after nearly six years on Front Street,” the BTA said. A spokesperson said, “Visitor services will continue in Hamilton as the... Read more of this article
Ministry Releases 2024 Year In Review
The Ministry of Economy and Labour released its 2024 Year in Review, Driving Growth, Empowering Bermudians. A Government spokesperson said, “The report highlights a year of transformative initiatives and significant milestones to strengthen Bermuda’s economic foundations, enhance workforce development, and foster sustainable growth.” “In... Read more of this article
BCN Takes Part In 2025 World Captive Forum
The Bermuda Captive Network [BCN] announced its ‘significant participation in the 2025 World Captive Forum, held from February 5–7 at the JW Marriott Orlando Grande Lakes Resort.’ A spokesperson said, “This esteemed event, established in 1991, is renowned for its high-caliber educational content and meaningful networking opportunities... Read more of this article
Shipping Schedule: Week Starting Feb 8
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, February 8th. On Saturday the Patrick C discharge vessel is expected, on Monday the Oleander container ship will arrive, and on Wednesday the Kaskaira discharge vessel is scheduled to arrive. On Thursday the Bermuda Islander... Read more of this article
Bermuda Stock Exchange Report: Feb 7 2025
February 7 saw 230 shares trade on the Bermuda Stock Exchange, valued at $4,370.00 BD. 230 shares were traded by BF&M Ltd, closing up 2.6% at $19.00 per share. The BSX finished at 2,542.04, up 0.18% on the day. There was 1 advance, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF], and the full report... Read more of this article
Pod Bermuda Announces Official Launch
Pod has launched offering a “selection of products and services designed to support individuals and families through fertility, pregnancy, postpartum, lactation, and beyond. A spokesperson said, “Pod, the brainchild of two Bermudian women, Feven and Rhiannon, is proud to announce its official launch. Pod offers a thoughtfully curated selection... Read more of this article
