Category: Business
Photos & Video: Kebobs On The Curve Opens
A new restaurant in Pembroke – Kebobs On The Curve — officially opened its doors on Friday [June 7], with the Gombey Warriors helping to celebrate the occasion. Kebobs on the Curve, run by husband and wife Chris and Elaine Lima, offers Halal meats, kebobs, salads, wraps and more. “We have Muslim friends who often say there’s nowhere... Read more of this article
Ascot Promotes Ian Thompson & Justin Keith
Ascot Group Limited has appointed Ian Thompson as CEO and Director of Ascot Underwriting Limited, and Justin Keith as President and CEO of Ascot Bermuda Limited. A spokesperson said, “Ascot Group Limited, the Bermuda based global specialty insurance company, today announced the appointments of Ian Thompson to Chief Executive Officer and Director... Read more of this article
Launch Of Bermuda Legal Committee DAO
A Bermuda Business Development Agency [BDA] committee comprised of lawyers practicing in Bermuda have established a Decentralised Autonomous Organisation [DAO]. A spokesperson said, “The DAO was formed to assist the BDA’s DAO Working Group to investigate law reform proposals for the introduction of digital governance models into Bermuda law and... Read more of this article
Reduced/Delayed Services Due To Meetings
As part of the pension reform consultative process, the Ministry of Finance will facilitate meetings with the BIU and BPSU memberships and ”there will be reduced or delayed public services” on June 10, 14 and 18th. A Government spokesperson said, “As part of the pension reform consultative process, a series of information and educational... Read more of this article
Shipping Schedule: Week Starting June 8
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, June 8th. On Saturday the Carnival Venezia and the Liberty of the Seas cruise ships and the Evgenia crude oil tanker are expected, on Sunday the Norwegian Gem cruise ship and the Oleander container ship will arrive, and... Read more of this article
Bermuda Stock Exchange Report: June 7 2024
June 7 saw 80 shares trade on the Bermuda Stock Exchange, valued at $120 BD. 80 shares were traded by Bermuda Aviation Services Ltd, closing even at $1.25 per share. The BSX finished at 2,455.57, even on the day. There were 0 advances, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF], and the full report... Read more of this article
BSX Approves Listing Of KompiTech Alliance
KompiTech Alliance Ltd. announced the listing of its 384,615,385 common shares on the Bermuda Stock Exchange. A spokesperson said, “KompiTech Alliance Ltd. a provider of innovative IT service management solutions, is pleased to announce the listing of its 384,615,385 common shares on the Bermuda Stock Exchange [BSX]. This significant milestone... Read more of this article
Bermuda Stock Exchange Report: June 6 2024
June 6 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,455.57, even on the day. There were 0 advances, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 19 2024 Bermuda Stock Exchange Report: July 18 2024 Bermuda Stock Exchange Report:... Read more of this article
Column: Wysocka-Bradshaw On Insurance
[Column written by Dorota Wysocka-Bradshaw] When applying for life insurance, the underwriting process is a critical step to determine the policyholder’s risk and premium. At CG Insurance, we pride ourselves on a customer-centric approach that ensures a smooth and transparent journey from start to finish. This comprehensive guide aims to provide... Read more of this article
AXA XL Appoints Noel Pearman As CUO
AXA XL has appointed Noel Pearman to the new role of Chief Underwriting Officer, Bermuda. A spokesperson said, “As part of the recently announced insurance underwriting operations reorganization in the Americas, AXA XL has appointed Noel Pearman to the new role of Chief Underwriting Officer, Bermuda. “Mr. Pearman, who reports to Donna Nadeau, AXA... Read more of this article
‘The Botanist’ Cafe In Botanical Gardens
A new café and garden lounge, The Botanist, has been launched in Bermuda’s Botanical Gardens A spokesperson said, “Founded by three food and drink lovers—Stuart, Henric, and Pete—The Botanist offers a unique fusion of fresh food, great drinks and art in Bermuda’s Botanical Gardens. Come for the food, stay for the drinks and uncover... Read more of this article
Moody’s Affirms Bermuda’s A2 Ratings
“Bermuda’s economy continues on an upward trajectory,” said Premier and Minister of Finance, David Burt. “Our progress is once again highlighted by Moody’s Investor Service ["Moody's"] recent affirmation of Bermuda’s A2 issuer and senior unsecured bond ratings, along with their continued confidence in our stable outlook. “This... Read more of this article
ABIR Appoints Collin Anderson To Senior Role
The Association of Bermuda Insurers and Reinsurers [ABIR] has announced the appointment of Bermudian Collin Anderson as its Director of Policy and Regulation, effective July 1. A spokesperson said, “Anderson brings 23 years of experience in the public and private sectors, including regulatory and supervisory work at the Bermuda Monetary Authority... Read more of this article
Bermuda Stock Exchange Report: June 5 2024
June 5 saw 4,400 shares trade on the Bermuda Stock Exchange, valued at $101,227.00 BD. 4,400 shares were traded by BF&M Ltd, closing at an even $23.00 per share. The BSX finished at 2,455.57, even on the day. There were 0 advances, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Argus: No Share Repurchases In May 2024
Argus Group Holdings Limited reported that no share repurchases were made by the Company for the month ending May 31 2024. The filing stated, “The company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no repurchases for the month ended 31 May 2024.” Related Stories Argus Group Announces... Read more of this article
Markel Appoint Carsey As Chief Claims Officer
Markel has announced the appointment of Jamie Carsey as Chief Claims Officer for its Specialty division, overseeing US and Bermuda claims operations. A spokesperson said, “Markel, the insurance operations within Markel Group Inc. [NYSE: MKL], announced today that Jamie Carsey has been appointed Chief Claims Officer to oversee US and Bermuda claims... Read more of this article
