Category: Business

11 Companies Admitted To Captive Hall Of Fame

Eleven captive insurance companies have been admitted to Bermuda’s Captive Hall of Fame after completing 25 years of business from the island. The Hall of Fame was created by the industry in 2016 to highlight captive entities with a quarter-century commitment to the Bermuda market. More than 200 Bermuda-based companies now share the honour. The latest... Read more of this article

Blockchain Innovation Symposium On June 7

Xceedance, a global provider of insurance consulting, managed services, technology, and data sciences, and ChainThat, a pioneer in blockchain technology for the re/insurance industry, are co-hosting an insurance blockchain symposium on June 7th at the Bermuda Underwater Exploration Institute [BUEI] in Hamilton. The Bermuda on Blockchain event is moderated... Read more of this article

‘Regulation Of Financial Holding Companies’

The Bermuda Monetary Authority [BMA] has released a discussion paper on regulation of financial holding companies. “The purpose of this Discussion Paper [DP] is to elicit discussion on and receive feedback on the structure of a regime for the regulation of Financial Holding Companies [FHCs] in Bermuda,” the BMA said. ”Comments and... Read more of this article

XL Catlin Launches Crisis Prevention/Response

XL Catlin’s insurance operations announced the launch of Corporate CPR [Crisis Prevention and Response for corporate clients] – a global risk management and insurance solution designed to help companies of any size prevent, prepare for and respond to crisis situations, and help protect their people, assets, property and finances. The company said,... Read more of this article

Shipping Schedule: Week Starting June 2

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 2nd. On Saturday the Anthem of the Seas cruise ship and the Pelee Islander 2 passenger ship are expected, on Sunday the Norwegian Dawn cruise ship and the Oleander container ship will arrive, and on Monday the Grandeur... Read more of this article

Chwick & Heise Join Essent Group Board

Essent Group announced that Jane P. Chwick and Angela Heise have joined its Board of Directors. “We are very pleased to have Jane and Angela join our Board of Directors,” said Mark Casale, Chairman and Chief Executive Officer. “They both bring tremendous depth of technology and cybersecurity experience to our Board. In an ever changing world of... Read more of this article

Bermuda Stock Exchange Report: June 1 2018

June 1 saw 1,650 shares trade on the Bermuda Stock Exchange, valued at $77,962.50 BD. 1,650 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.3% at $47.25 per share. The BSX finished at 2,695.65, down 0.25% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here [PDF], and... Read more of this article

Premier Lays Four MOUs In House Of Assembly

During today’s sitting of the House of Assembly, the Premier and Minister of Finance David Burt tabled four Memoranda of Understanding [MOU]. A spokesperson said, “The Government of Bermuda has signed MOUs with: “Binance Holdings Limited who have undertaken to provide up to $10 million for training and another $5 million in investment... Read more of this article

Transcontinental Trusts Forum To Be Held

Conyers Dill & Pearman director Alec Anderson will be speaking at the Transcontinental Trusts International Forum 2018 and director Jeffrey Elkinson will participate in the forum’s mock Supreme Court session. The flagship trusts event takes place from 3-5 June at the Fairmont Southampton. Conyers is a gold sponsor of the conference, which has... Read more of this article

Hands-On-Therapy Clinic Celebrates 20 Years

Hands-On-Therapy Physiotherapy Clinic, started by Shirlene Dill, is celebrating 20 years of service. Ms Dill is a registered Bermudian physiotherapist who has owned and operated her own clinic, Hands-On-Therapy, since June 1, 1998. The clinic originally opened in the city of Hamilton and then moved around to six different locations. After many different... Read more of this article

Bermuda Stock Exchange Report: May 31 2018

May 31 saw 800 shares trade on the Bermuda Stock Exchange, valued at $37,920.00 BD. 800 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.9% at $47.40 per share. The BSX finished at 2,702.39, up 0.67% 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

Category: Business

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