Category: Business
RA Town Hall Meetings On Island’s Energy Plan
The Regulatory Authority of Bermuda is hosting Town Hall meetings starting today – Tuesday May 8th — with a second one set for Thursday May 10th. The public meetings are open to all interested parties to learn more about how Bermuda’s future energy plan will be developed and how to submit proposals toward the plan. The presentation... Read more of this article
PartnerRe Declare Preferred Shares Dividends
Bermuda-based PartnerRe Ltd. declared a dividend for the period March 1, 2018 – May 31, 2018 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the Company’s 5.875% Series F and Series I Non-Cumulative... Read more of this article
Bermuda Stock Exchange Report: May 7 2018
May 7 saw 36,352 shares trade on the Bermuda Stock Exchange, valued at $195,728.60 BD. 12,100 shares were traded by Bermuda Aviation Services Ltd, closing down 9.1% at $2.00 per share, while another 10,479 shares were traded by One Communications Ltd, closing up 2.9% at $2.88 per share. 8,500 shares were traded by Argus Group Holdings Ltd, closing down... Read more of this article
Bermuda Compliance Professionals Conference
Compliance professionals, and those new to regulatory compliance from across the business and non-profit sectors, are invited to attend the inaugural Bermuda Compliance Professionals Conference – taking place at the Hamilton Princess on Thursday, May 17th. Hosted by Island Legal Outsourcing Solutions and the Ministry of Legal Affairs, this one-day... Read more of this article
Bermuda Day Weekend Events To Help Charity
The former Oracle Team USA base will be the venue for two events over the Bermuda Day Weekend that will benefit local charities. Planning Factory Bermuda and Sound Concepts, local event planning and production companies, are staging events the former base at Dockyard with some of the proceeds going to the Chewstick Foundation and Friends of Hospice. Cathy... Read more of this article
Watlington Waterworks “Exceptional Year”
In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. released the Directors report to the shareholders, saying it was an “exceptional year” with water sales “the highest in five years, and sales revenue and net earnings set new record highs.” The full filing stated: “The Year 2017 was an exceptional... Read more of this article
Validus Declares $0.38 Quarterly Dividend
Bermuda-based Validus Holdings, Ltd. announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per common share. The common share dividend is payable on May 30, 2018 to shareholders of record on May 15, 2018. In addition, the Board of Directors has declared cash dividends on the Company’s Series A 5.875% Preferred Shares... Read more of this article
Shipping Schedule: Week Starting May 5
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday May 5th. On Saturday the Anthem of the Seas cruise ship is expected, on Sunday the Norwegian Dawn cruise ship, Atlantis research/survey vessel and the Oleander container ship will arrive, and on Monday the Grandeur of... Read more of this article
Equinoxe Rebrands To Insurance Fund Services
Apex Fund Services announced that the Equinoxe Alternative Investment Services’ Bermuda entity [Equinoxe Bermuda] has been officially rebranded as Apex Insurance Fund Services. “This announcement reflects Apex’s established 15 year presence and comprehensive offering for the Bermuda market,” the company said. “The move is evidence... Read more of this article
Bermuda Stock Exchange Report: May 4 2018
May 4 saw 9,694 shares trade on the Bermuda Stock Exchange, valued at $38,850.00 BD. 9,435 shares were traded by One Communications Ltd, closing even at $2.80 per share, while another 259 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.1% at $48.00 per share. The BSX finished at 2,673.29, up 0.85% on the day. There was 1 advance,... Read more of this article
James Birch Joins Fairmont Southampton
Bermudian James Birch has been announced as Fairmont Southampton‘s new Marketing and Communications Manager. Reporting to Fairmont’s Regional Sales & Marketing Director, Mr. Birch will be responsible for managing The Fairmont Southampton’s digital presence, and assisting the Group, Leisure, Food & Beverage, Golf, Spa, and Marketing... Read more of this article
Appleby, Guardian & BBC Settle Paradise Papers
Appleby, Guardian and the BBC “have resolved their differences in relation to Appleby’s breach of confidence claim against the Guardian and the BBC arising from the Paradise Papers,” Appleby announced today, with both the BBC and the Guardian also reporting the matter has been settled. The Guardian reported, “Litigation brought against... Read more of this article
