Category: Business
Assured Guaranty Declares Quarterly Dividend
Assured Guaranty Ltd. declared a quarterly dividend of $0.16 per common share, an increase of over 12% from the quarterly dividend of $0.1425 per common share that was declared on November 1, 2017. Assured Guaranty has raised its quarterly dividend for seven consecutive years, bringing the total increase to 256% since its November 2011 dividend payment... Read more of this article
Bermuda Stock Exchange Report: Feb 21 2018
February 21 saw 38,500 shares trade on the Bermuda Stock Exchange, valued at $150,560.00 BD. 38,500 shares were traded by Argus Group Holdings Ltd, closing even at $3.92 per share. The BSX finished at 2,471.94, 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... Read more of this article
Bermuda To Host New Cyber-Risk Conference
A new Bermudian edition of a successful North American cyber-risk conference will be held later this year, the Bermuda Business Development Agency [BDA] has announced. The inaugural International Cyber Risk Management Conference [ICRMC] Bermuda, presented by Canada’s MSA Research Inc, will take place December 6–7 at the Hamilton Princess & Beach... Read more of this article
Argo Group Announces 15% Stock Dividend
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, announced that its Board of Directors has declared a 15% stock dividend. The stock dividend is payable on March 21, 2018, to shareholders of record at the close of business on March 7, 2018. Shareholders will receive... Read more of this article
Bermuda Stock Exchange Report: Feb 20 2018
February 20 saw 10,656 shares trade on the Bermuda Stock Exchange, valued at $463,536.00 BD. 10,656 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.1% at $43.50 per share. The BSX finished at 2,471.94, down 0.90% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here... Read more of this article
Video: Minister Caines On Cryptocurrency
Minister of National Security Wayne Caines was interviewed at Fintech World’s: Blue Chip ICO’s Road Show at The Harvard Club, New York City, with the Minister discussing blockchain and cryptocurrency. “This is an opportunity to Bermuda to diversify,” Minister Caines said. “Blockchain technology is now enveloping the world and and... Read more of this article
BEAST: Grand Opening For New Location
Bermuda Elite Athletic Strength Training [B.E.A.S.T.] will be hosting their Grand Opening on Saturday [Feb 24] at their new location on Dundonald Street, with Premier David Burt set to ‘workout’ by cutting the ribbon. A spokesperson said, “Our state of the art facility is over 12,000 sq. ft. and boasts an open gym with state of the... Read more of this article
Limited Access During Repair Work On Docks
Stevedoring Services Limited [SSL] executives have alerted shippers and importers that “urgent repairs” to the Corporation of Hamilton City Dock asphalt surface will take place from February 23 to February 25. “Access to the docks will be restricted for the duration of the dock roadworks, however extended access hours on Thursday,... Read more of this article
Economic & Cooperative Development Director
Minister of Economic Development and Tourism Jamahl Simmons announced the appointment of Mr. William Spriggs as Bermuda’s new Director of Economic and Cooperative Development. Saying it was “in alignment with the Government’s agenda to expand entrepreneurship, create greater and fairer access to funding for entrepreneurs, remove red tape and... Read more of this article
50 Delegates To Attend Genetic Conference
Scientists and researchers from around the world are gathering in Bermuda this week for the second edition of a conference exploring the field of genetic research. Premier David Burt will officially open “Bermuda Principles: Impact on Splicing” Wednesday evening at the Fairmont Southampton. The conference, which runs through Saturday, has registered... Read more of this article
ABIR ‘Encouraged’ By Bermuda 2018/19 Budget
The Association of Bermuda Insurers and Reinsurers [ABIR] said they are “encouraged” by the 2018/19 Budget priorities “around growing the economy and, by extension, jobs, by developing FinTech and encouraging international investment, as well as by holding the line on payroll taxes.” “These initiatives signal efforts to... Read more of this article
Lili Bermuda Showcased At Polo Cup In Florida
On Saturday, February 17, Lili Bermuda was showcased for the first time at the Windsor Charity Polo Cup in Vero Beach, Florida. Lili Bermuda Owner and Master Perfumer, Isabelle Ramsay-Brackstone, gladly accepted the invitation to participate, and a Specialty Retail Village offered Lili Bermuda a unique opportunity to introduce their perfumes to the... Read more of this article
