Category: Business
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
Hamilton Underwriting Reorganizes Team
Hamilton Underwriting Limited, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced the details of a reorganization of its underwriting team. Pending approval from Lloyd’s, the following promotions will take effect: Head of Specialty Adrian Daws and Head of Direct & Facultative Property Miles... Read more of this article
Meredith Whitney Shares Her Career Insight
During a recent ‘Seaside Chat’ moderated by Fiona Luck, former insurance executive and recent appointee to Lloyd’s Franchise Board, Meredith Whitney, reflected on her career. A spokesperson said, “Well-timed analysis can rocket you to the top. Bermuda’s 100 Women in Finance membership leaned in as Whitney anecdotally recalled career-defining... Read more of this article
90 Students Participate In Speed Networking
Ninety students are participating in the BFIS High School Speed Networking Lunches this week to help them gain a clearer understanding of the wide variety of careers within the insurance sector from insurance professionals representing many different careers, educational backgrounds and skill sets. A BFIS spokesperson said, “Since 2014 BFIS has... Read more of this article
Cox Hallett Wilkinson Appoint Anne Campbell
Cox Hallett Wilkinson [CHW] said they are “implementing a strategy to grow the firm in 2018,” which commenced this month with the appointment of Associate, Anne Campbell, to its Private Client and Real Estate Department. This year, CHW will be introducing new talent across the firm to service clients’ needs, and increase the pool of talent... Read more of this article
Alain Fournier Appointed As Head Of Kane LPI
Kane LPI, specialists in the development and management of administration solutions in the international Life, Pension & Investment sector, announced the appointment of Alain Fournier as Head of Kane LPI Fund Administration Services, with immediate effect. Based in the firm’s Bermuda head office, Mr. Fournier will be responsible for all aspects... Read more of this article
A.M. Best Revises Outlooks For AXIS Capital
A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “aa-” of the operating subsidiaries of Bermuda-based AXIS Capital Holdings. Additionally, A.M. Best has revised the outlook to negative from stable and affirmed the Long-Term... Read more of this article
Bermuda Stock Exchange Report: Feb 19 2018
February 19 saw 10,100 shares trade on the Bermuda Stock Exchange, valued at $138,330.00 BD. 9,000 shares were traded by Ascendant Group Limited, closing even at $10.00 per share, while another 1,100 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.5% at $44.00 per share. The BSX finished at 2,494.43, up 0.36% on the day. There... Read more of this article
Bermuda Regulatory Authority CEO Steps Down
The Regulatory Authority of Bermuda has announced a change of leadership, with Chief Executive Matthew Copeland stepping down from the post, effective immediately. The Authority Chair, Angela Berry, on behalf of the board, “thanked Mr. Copeland for his two years of service with the Regulatory Authority and wished him well in his future endeavours.” Ms.... Read more of this article
Argus Partners With A Piece Of The Rock
Argus has announced its $25,000 sponsorship of A Piece of the Rock’s new community outreach programme. A spokesperson said, “A Piece of the Rock, a prominent road safety documentary and campaign, is designed to raise awareness of the core issues related to road safety in Bermuda and encourage the public to take action and personal responsibility... Read more of this article
2017 National Economic Report Of Bermuda
The Ministry of Finance recently released the 2017 National Economic Report Of Bermuda, with the 31-page document providing an overview of the island’s economy. The report said, “The Ministry of Finance estimates that Bermuda’s GDP mayhave increased by 0.75% – 1.25% per cent in 2017 following a marginal contraction of 0.1 per cent in... Read more of this article
Tax Reductions For Those Earning Under $96K
Government will reduce payroll tax for those earning less than $96,000, eliminate the employer portion of payroll tax for any disabled employee, and reform the ‘notional salaries’ payroll tax concept, Premier and Minister of Finance David Burt announced. Payroll Taxes Are ‘Enemy Of Job Creation’ In delivering the 2018 Budget... Read more of this article
