Category: Business
AXIS Launches Cyber Center Of Excellence
Addressing the more than $445 billion cost that companies incur each year due to the threat of cybercrime and cyberattacks, AXIS Capital Holdings Limited announced the launch of the AXIS Cyber Center of Excellence. It will provide a broad range of commercial insurance protection and mitigation solutions for tangible and intangible assets, relating... Read more of this article
Monument Re Acquires Run-off Portfolio
Monument Re announced that, subject to regulatory approval it has, through its European subsidiary Laguna Life DAC, acquired a run-off portfolio of flexible premium retail life insurance contracts from Ethias S.A., known as the First A Portfolio. Laguna Life DAC is an Irish domiciled insurance undertaking and a 100% subsidiary of Monument Re Limited... Read more of this article
Bermuda Stock Exchange Report: April 16 2018
April 16 saw 500 shares trade on the Bermuda Stock Exchange, valued at $ 5,833.43 BD. 300 shares were traded by BF&M Ltd, closing up 0.9% at $17.00 per share, while another 200 shares were traded by Argus Group Holdings Ltd, closing even at $3.92 per share. The BSX finished at 2,550.15, up 0.05% on the day. There was 1 advance, 0 declines, and... Read more of this article
Year-End Review Of Bermuda Tourism Online
A comprehensive review of last year’s record-breaking tourism industry performance is now available online, with the BTA noting that the 2017 Bermuda Tourism Year-in-Review ”provides a detailed account of the work of the Bermuda Tourism Authority in partnership with its stakeholders.” The BTA said, “The review also provides a status... Read more of this article
Stephen Todd Appointed To BTA Board
Stephen Todd has been appointed to the Bermuda Tourism Authority Board of Directors. His tenure began in December 2017. Since 2014, Mr Todd has been the chief executive officer of the Bermuda Hotel Association and the Hotel Employers of Bermuda. He fills the hotel sector vacancy on the Board that was created when Paul Telford was elevated to Chairman... Read more of this article
Loren Hotel To Host Rothschild Dinner In May
The Loren Hotel at Pink Beach is gearing up to welcome Baron Julien de Beaumarchais de Rothschild, owner of Chateau Mouton Rothschild, and Managing Director Frédéric Mairesse who will host a special Barons de Rothschild dinner on Tuesday, May 1st. Guests will enjoy a five course menu created by The Loren’s Executive Chef Tim Sullivan and each course... Read more of this article
Minister Caines In London For Fintech Meetings
The Ministry of National Security advised today [Apr 16] that the Minister Wayne Caines is currently in the UK this week to share Bermuda’s Fintech Strategy with London’s key industry influencers. “The Minister’s discussions regarding Bermuda’s Fintech Strategy are considered timely as the Government recently tabled landmark legislation... Read more of this article
BHI Offer Two New Online Certification Courses
The Bermuda Hospitality Institute [BHI] is launching two new courses this month in an effort to help local hospitality workers expand their skills and take their career knowledge to the next level. BHI said, “Interested participants have until this Friday, April 20th to register for the following online certifications: Elements of Service: Serving... Read more of this article
Regulation Of Virtual Currency Business Paper
The Bermuda Monetary Authority [BMA] released a 150-page consultation paper on the ‘regulation of virtual currency business’ with the paper’s stated objective to provide outline for the e”ffective regulation of service providers within the virtual currency business industry” in Bermuda. The paper notes, “Much of... Read more of this article
Planning Sought For Helium Balloon Ride
[Updated + Written by Don Burgess] A proposal for a helium balloon ride for Dockyard has been submitted to planning. Consort Cruises hopes operate the tethered helium balloon in the area near Fun Golf and Snorkel Park. Geralyn Roberts, president, told Bernews, much work has to be done so “we’re in the process but it’s not going to be ready for... Read more of this article
Minister To Attend Space Symposium In USA
The Ministry of Transport and Regulatory Affairs said they continue to “lead Bermuda’s exploration of its space assets in an effort to determine future economic benefit,” and the ”next step is participation at the 34th Space Symposium this week at the Broadmoor Hotel in Colorado Springs, Colorado.” “The Minister, Deputy... Read more of this article
Community Listing Website For North Hamilton
For the past year, the HI Group of Companies LLC, in collaboration with The Becan Collection, has been dedicated to creating an online platform that will highlight and feature the many businesses that operate in the North Hamilton Area. HI Group Chairman, Charles O’Brien, said of the initiative, ‘A couple of years ago in a meeting with the City... Read more of this article
