Category: Business
Bermuda Stock Exchange Report: May 5 2017
May 5 saw 7,570 shares trade on the Bermuda Stock Exchange, valued at $90,734.50 BD. 6,300 shares were traded by Ascendant Group Limited, closing even at $8.50 per share, while another 770 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $34.00 per share. 500 shares were traded by BF&M Ltd, closing up 1.7% at $20.95 per share. The... Read more of this article
OneBeacon Credit Ratings Placed Under Review
A.M. Best has placed under review with positive implications the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings of “a” of Atlantic Specialty Insurance Company [Atlantic Specialty] [New York, NY] and its rated affiliates. Collectively, these companies are referred to as OneBeacon Insurance Group. A statement... Read more of this article
Bermuda Stock Exchange Report: May 4 2017
May 4 saw 5,559 shares trade on the Bermuda Stock Exchange, valued at $93,326.50 BD. 2,500 shares were traded by BF&M Ltd, closing even at $20.60 per share, while another 2,000 shares were traded by One Communications Ltd, closing up 1.4% at $2.94 per share. 1,059 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.5% at $34.00 per... Read more of this article
IDF: ‘Build Economic And Human Resilience’
Leading insurance and risk management experts from around the world gathered at RIMS 2017 to outline ways risk management efforts can bolster economic development and improve the speed and effectiveness of recovery efforts after natural disasters. The Insurance Development Forum [IDF], a public/private partnership of the United Nations, World Bank and... Read more of this article
PartnerRe First Quarter Net Income: $38 Million
Bermuda-based PartnerRe Ltd. reported a net income available to common shareholder of $38 million for the first quarter of 2017 compared to $201 million for the same period of 2016. Operating earnings were $44 million for both first quarters of 2017 and 2016. Net income available to common shareholder includes net realized and unrealized gains on investments... Read more of this article
Cyber, Climate Change & Artificial Turf Risks
On May 10th, the Bermuda Insurance Institute [BII] is hosting a presentation followed by a cocktail reception for insurance professionals about the risks related to cyber, climate change and artificial turf. “Presenters are law partners from New York law firm, Traub Lieberman Straus & Shrewsberry LLP and the presentation will cover the following... Read more of this article
BDA Launches Bermuda Risk Directory Site
The Bermuda Business Development Agency [BDA] has launched a new digital portal targeting global insurance customers and connecting them to Bermuda’s top-tier market for risk coverage. The Bermuda Risk Directory website [www.brd.bm] offers access to the island’s brokers, as well as insurance, reinsurance, captive insurance, and insurance-linked... Read more of this article
Women In Reinsurance Group Expands Board
Women in Reinsurance [WiRe], the organization for professional women working in the Bermuda reinsurance sector, today announced three appointments to its board, with Tracey Gibbons, Peta White and Stephen Young being appointed. “It speaks volumes to the impact that WiRe has made on the Bermuda marketplace to date that Tracey, Peta and Stephen have... Read more of this article
Hall-Bean On Inspiration To Join Commission
Judith Hall-Bean doesn’t drink, smoke or gamble, so how did the active church-goer find herself as one of five Commissioners for the Bermuda Casino Gaming Commission? The 69-year-old admits she wrestled with the decision when she was first invited by former Minister of Tourism Development and Transport, Shawn Crockwell. In the end, it was her desire... Read more of this article
Statistics Bulletin: Imports, Employment, Visitors
According to the 2016 Q4 Quarterly Bulletin of Statistics, imports rose 10.8%, employment income slipped 0.2%, and the Island hosted 49,580 air visitors during the fourth quarter of 2016, an increase of 17.0% when compared to the same period of 2015. Imports The report said, “Imports rose 10.8 per cent to $249.8 million. The increase was due largely... Read more of this article
Appleby Partners To Speak At Trusts Forum
Appleby Bermuda Partners Keith Robinson and Vanessa Schrum will be speaking at the Transcontinental Trusts International Forum 2017 in Bermuda on 4-5 May. This premier private client and trusts event features over 65 expert speakers including renowned judges, barristers, leading law firm partners and international experts from across the world. Mr Robinson... Read more of this article
Bermuda Stock Exchange Report: May 3 2017
May 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,050.20, 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: Jan 2 2026 Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report:... Read more of this article
