Category: Business
XL Catlin Offer Auto Terror Protect Insurance
XL Catlin’s insurance operations announced the launch of Auto Terror Protect – insurance for companies with fleets of vehicles which could be used as a weapon in a terrorist attack. “The solution aimed at fleet operators, vehicle rental companies, haulage and logistics companies, works as a contingent umbrella cover that wraps around any existing... Read more of this article
Top Three Volunteers: DeSilva, Doran & Santos
Marsh and Guy Carpenter today [June 11] announced their top three employees for volunteer hours for 2017, as part of the firms’ commitment to community service, with Krystle DeSilva, John Doran and Marissa Santos clocking a total of 387 volunteer hours over the year. A donation will be made on behalf of each of the three colleagues to a charity of... Read more of this article
Fintech MOUs: Binance, Omega, Shyft & Medici
During a recent sitting of the House of Assembly, Premier and Minister of Finance David Burt tabled four Memoranda of Understanding [MOU], with the MOUs with Binance, Omega One, Shyft Network and Medici Ventures detailing their plans for fintech development in Bermuda now available online. The Government is aiming to attract fintech business, with... Read more of this article
845 Delegates For Today’s Captive Conference
A record 845 delegates to date have registered for this week’s Bermuda Captive Conference as the island’s largest industry event kicks off its 14th year today [June 11] at the Fairmont Southampton. The three-day conference, running June 11–13, brings captive insurance owners, risk managers, captive managers, sponsors, and vendors from the United... Read more of this article
Column: Planning For Your Child’s Education
[Written by Carla Seely] As parents, you want to make sure your children have the best education possible, yet the cost of schooling and university can be extremely high. The money that you spend on your children’s education can be one of your largest lifetime expenses, so saving early is key. Starting to save early will enable you and your child... Read more of this article
Neon Bermuda Appoints Fellowes, Outerbridge
Neon Bermuda announced the appointments of Roy Fellowes and Stephanie Outerbridge,. Roy Fellowes joins as Non-Executive Director, taking over from Gavin Hunter who is relocating from the island. With over 30 years’ experience in the Bermuda insurance market, Fellowes is currently a member of the Bermuda Insurance Advisory Committee, Director of the... Read more of this article
Shipping Schedule: Week Starting June 9
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 9th. The weekly shipping schedule, which is subject to change, follows below [PDF here]: Related Stories Shipping Schedule: Week Starting December 27 Shipping Schedule: Week Starting December 20 Shipping Schedule:... Read more of this article
Rosewood Bermuda Unveils $25M Renovations
Rosewood Bermuda has unveiled a comprehensive renovation, including 88 elevated guestrooms, a redesigned lobby, and more. Last year the owners announced that Rosewood Bermuda — formerly known as Rosewood Tucker’s Point — would temporarily close to “undergo a comprehensive $25 million re-imagination”, included a redesign of the guestrooms,... Read more of this article
Somers Ltd May 2018 Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited a financial services investment holding company, announced that during the month of May 2018, Somers purchased 10,700 of its own common shares at an average cost of $14.75 per share. The Shares will be cancelled with immediate effect. The number of common shares in issue as at May 31,... Read more of this article
Arch Capital Expanding In Ireland Due To Brexit
Bermuda-based Arch Capital Group announced plans to expand the group’s underwriting operations in Ireland to “ensure continuity of its operations across the European Union” after Brexit. Following discussions with the Central Bank of Ireland, Arch is applying for regulatory approval to continue from Ireland certain underwriting operations... Read more of this article
Bermuda Stock Exchange Report: June 8 2018
June 8 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,729.84, even on the day. There were 0 advance, 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 Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock... Read more of this article
Premier Signs Another Fintech Related MOU
The Premier signed an MOU today “establishing a strategic partnership with interests from the Republic of Korea”, with the MOU involving B-Seed Partners, FinHigh Capital and B.F.S. Holdings as partners in a new Bermuda venture, Bermuda FinTech Accelerator which “could lead to a potential investment of up to $10 million.” This... Read more of this article
