Category: Business
Bermuda Stock Exchange Report: March 21 2018
March 21 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,575.92, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report:... Read more of this article
Artificial Intelligence & Insurance In The Future
[Updated] The IRM Bermuda Group will be hosting ‘Artificial Intelligence and Insurance: A Glimpse of the Future’. “Data has always been at the heart of the insurance industry. What has changed in our current reality to create massive disruption is the amount of data generated daily and the speed at which machines can process the info and uncover... Read more of this article
Clarien Holds Base Lending, Increases Deposit
Clarien Bank Limited will not adjust its BMD$ base lending rate following the US Federal Reserve rate increase of 0.25% announced today, however, the Bank announced that it will increase its BMD and USD Board Rates for term deposits, effective today, March 21. Clarien Bank CEO Ian Truran said: “We increased our base lending rate by 0.25% in January... Read more of this article
Clarien Donates $91,000 To Bermuda Charities
Clarien Bank has donated $91,000 to nine Bermuda charities as part of the Bank’s annual giving programme. The donations were made through The Clarien Foundation, the Bank’s charitable trust. Pictured left to right: Troy Lewis [Young Men’s Social Club]; Martha Dismont [The Family Centre]; Jennifer Mahoney [Eliza DoLittle Society]; Allison Figureido... Read more of this article
Bermuda Stock Exchange Report: March 20 2018
March 20 saw 13,000 shares trade on the Bermuda Stock Exchange, valued at $50,550.00 BD. 13,000 shares were traded by Argus Group Holdings Ltd, closing up 16.9% at $3.80 per share. The BSX finished at 2,575.92, up 0.43% on the day. There were 2 advances, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Photos: Bermuda Startup Challenge Winners
The Bermuda Startup Challenge 2018 took place over the weekend, with entrepreneurs gathered to form teams and learn how to successfully validate a business idea. This year’s theme was to find a problem relating to “Health and Wealth in Bermuda,” and to design a business solution that can successfully tackle that problem. A spokesperson... Read more of this article
Diversity, Blockchain, Climate Change & More
Board diversity, female leadership, cyber risk, blockchain and climate change are among the hot topics shaping the agenda of the 14th Bermuda Captive Conference, slated for June 11–13 at Fairmont Southampton. The organisers said, “The three-day agenda features a mix of moderated panels and roundtables focusing on fast-changing insurance issues,... Read more of this article
Proposed Legislation For Initial Coin Offerings
Speaking in the House of Assembly last Friday [March 16], Premier and Minister of Finance David Burt provided an overview of proposed legislation to regulate Initial Coin Offerings [ICOs] in Bermuda, saying they are “taking a measured approach to entering this space.” The Premier said, “Governments around the world are working to... Read more of this article
Glass Fusion Business Expands At The Mall
A business that gives people a chance to design and fuse their own glass designs has expanded its operations and moved to a new location. Studio8.glass, which was based at Dockyard Glassworks, has just taken over a space at The Mall, at Royal Naval Dockyard. Heidi Proctor, the shop’s manager, said it was an interactive space, so as well as selling... Read more of this article
Bermuda Stock Exchange Report: March 19 2018
March 19 saw 1,531 shares trade on the Bermuda Stock Exchange, valued at $70,426.00 BD. 1,531 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.5% at $46.00 per share. The BSX finished at 2,564.93, down 0.44% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Ocean Sails No Longer Partnering With Doyle
Ocean Sails today [March 19] announced that they will no longer be using the name Doyle Sailmakers Bermuda, but will “continue to provide the same high-quality cruising and racing sails, sail repairs, rigging and specialized custom canvas & upholstery.” A spokesperson said, “The move comes as Doyle Sailmakers Inc. was purchased... Read more of this article
Regatta Cancelled As Oyster In Liquidation
The Bermuda Tourism Authority recently updated its 2018 Sailing Race Calendar to include the return of the Argo Gold Cup in May of this year. This update follows the cancellation of the 2018 Oyster Regatta that was also set to be held in Bermuda later this year, with the BTA noting, “The shipbuilder Oyster Yachts went into liquidation earlier... Read more of this article
