Category: Business
AIG Appoints Brian Duperreault President & CEO
[Updated] American International Group [AIG] announced the appointment of Brian Duperreault as President, Chief Executive Officer and Director, effective May 14, 2017. “Mr. Duperreault has resigned as Chairman and Chief Executive Officer of Hamilton Insurance Group [Hamilton]. Peter D. Hancock resigned as President, Chief Executive Officer and... Read more of this article
Elevate Executive Selection To Host Workshop
Elevate Executive Selection Bermuda Ltd. has entered a strategic partnership with Convergent Consulting [London] to bring Heeral Gudka, an Executive Coach and Career Strategist, to Bermuda. Sylvia Jones, Director, Bermuda Operations shares: “In working very closely with clients in the past twelve months we have identified both individuals and organizations... Read more of this article
XL Catlin Participate In Global Day Of Giving
As this month marks the second anniversary of XL Catlin, its employees around the world, including here in Bermuda, spent on Friday working with non-profit organizations in their local communities. Thousands of XL Catlin employees participated in more than 250 Global Day of Giving projects in more than 60 locations around the world, with efforts starting... Read more of this article
Watlington Waterworks: “Extraordinary Year”
In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. released the annual financial results to December 31, 2016 along with the Directors Report. The Directors’ Report stated, “The year 2016 was an extraordinary year for the Company due to the nature of the challenges that had to be confronted and the ultimate outcome... Read more of this article
Construction Workers Train In Overseas Course
The Department of Workforce Development and the Construction Association of Bermuda [CAOB] have developed a training programme that would enable individuals to acquire specific skills in the very short-term. A spokesperson said, “An accelerated, accredited training opportunity designed specifically for Bermuda’s needs is being held in Atlanta,... Read more of this article
Shipping Schedule: Week Starting May 13
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday May 13th. On Saturday the Anthem of the Seas cruise ship is expected, on Sunday the TS Gunilla training ship, the Norwegian Dawn cruise ship and the Oleander container ship will arrive, and on Monday the Grandeur of the... Read more of this article
BHB Survey To Help Shape Clinical Services
The Bermuda Hospitals Board is inviting the community to share their perspectives on what is important about BHB services with a survey, which can be accessed here. “The anonymous online survey is being shared as part of BHB’s Clinical Services Planning project. The goal of the project is to listen to feedback, review healthcare data, and speak... Read more of this article
Victor Scott Students Visit XL Catlin’s Office
A class of 10-to-11-year-old students from Victor Scott Primary School recently experienced life in the corporate world when they were invited to XL Catlin’s Bermuda office to connect with students overseas and discuss their future aspirations. The enthusiastic group of local students began their visit, on May 4th, with a tour of XL Catlin’s 18-feet... Read more of this article
Drop In Offshore Company Insolvency Filings
The total number of petition filings across offshore jurisdictions fell 10% in 2016 when compared to the previous year, reflecting a continued levelling off since the high-point of 2013, according to a report released by law firm Appleby. This was among the findings of the firm’s Snapshot: Review of 2016 Offshore Petition Filings & Court Orders,... Read more of this article
Bermuda Stock Exchange Report: May 12 2017
May 12 saw 7,267 shares trade on the Bermuda Stock Exchange, valued at $168,977.75 BD. 4,267 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.2% at $33.25 per share, while another 2,000 shares were traded by One Communications Ltd, closing down 3.4% at $2.80 per share. 1,000 shares were traded by BF&M Ltd, closing up 2.4% at $21.50... Read more of this article
Savory Kernels Honoured To Be Vendor For AC
Deshun Simmons is “very honoured” to have been selected as one of four ‘sweet cuisine’ Bermuda businesses in the America’s Cup Village. Mr Simmons, along with business partner Wollette Smith, runs Savory Kernels, a gourmet popcorn retailer that has more than 70 flavours on its menu. A relatively new business on the island, Mr Simmons said... Read more of this article
Six Bermudians Start Aecon Airport Internship
Bermuda Skyport Corporation, Aecon Group and the Bermuda Department of Workforce Development [DWD] announced the start of the Airport Redevelopment Project internship programme this week. As part of the project, six Bermudians have been offered paid internships with Aecon and members of its technical team in Canada. The interns were chosen by a panel... Read more of this article
