Category: Business
BII To Hold Leading In 21st Century Workshop
The Bermuda Insurance Institute [BII] will be presenting a workshop led by a visiting professor from the prestigious Harvard University as part of its Executive Leadership Program Called ‘Leading in the 21st Century,’ the program consists of two modules ‐ one focusing on leadership and the other on negotiation. The Leadership segment [a... Read more of this article
Bermuda Stock Exchange Report: May 8 2017
May 8 saw 84 shares trade on the Bermuda Stock Exchange, valued at $2,814.00 BD. 84 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $34.00 per share. The BSX finished at 2,075.92, 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... Read more of this article
One Communications April Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., advised that pursuant to its share repurchase programme, during the month of April 2017 the company repurchased 17,802 of its common shares at an average price of $2.67 for immediate cancellation. Related Stories One Communications Share Repurchases One Communications Share... Read more of this article
Digicel Updates On Network Upgrade Progress
As part of its ongoing $60 million investment in Bermuda’s telecommunications infrastructure, Digicel today provided a progress update on two of its major infrastructure and technology projects. “In recent weeks, Digicel has been upgrading its network in order to provide superfast island-wide LTE data. Works are on schedule and, with 90% of... Read more of this article
Regulatory Authority Electricity Consultations
The Regulatory Authority has today [May 8] commenced public consultations in relation to electricity sector licenses. “These public consultations are an important and key opportunity for the residents and businesses of Bermuda to provide their views as to the form and content of the licenses that will be used by the Authority to regulate the electricity... Read more of this article
Butterfield Donates $2,000 For AC Endeavour
As an Official Supplier and the Official Bermuda Bank of the 2017 America’s Cup, the Bank of Butterfield held a denim day fundraiser in March with proceeds totalling $2,000 going towards supporting the Endeavour Programme. Several children of Butterfield employees have been a part of the Endeavour Programme, including Brianna Smith, Jadyn Hassell-Belboda,... Read more of this article
Lunch & Learn For New Online Payroll Solution
Certus Group and CloudSuitePro will be hosting a seminar to learn the ‘ins and outs’ of their new online payroll solution on Wednesday, May 17 from 12.30pm to 2.00pm at the Chamber of Commerce. A spokesperson said, “The Certus Group and CloudSuitePro are offering an online solution that provides complete Bermuda payroll including the recent... Read more of this article
Third Point Re 2017 Q1 Earnings Results
Bermuda-based Third Point Reinsurance Ltd. announced results for its first quarter ended March 31, 2017. Third Point Re reported net income of $104.2 million, or $0.98 per diluted common share, for the first quarter of 2017, compared to a net loss of $51.1 million, or $[0.49] per diluted common share, for the first quarter of 2016. For the three months... Read more of this article
AXIS Capital Declares $0.38 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.38 per common share. The common dividend will be payable on July 17, 2017 to the shareholders of record at the close of business on June 30, 2017. In addition, the Board declared a dividend of $0.34375 per Series D... Read more of this article
PartnerRe Declare Preferred Shares Dividends
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period March 1, 2017 – May 31, 2017 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the... Read more of this article
Column: Technology vs Common Sense
[Written by Carla Seely] As the world continues to evolve, so does the technology that supports it. But as technology develops, the side effect is the declining ability to use good old-fashioned common sense. This holds so true when people are dealing with their finances; more people are relying on a mathematical or financial “app” as opposed to... Read more of this article
Captive Insurance Experts Head To Canada
A team of industry experts, led by the Bermuda Business Development Agency [BDA], heads to Vancouver and Toronto this week to raise awareness about the value of captive insurance to Canadian corporations. The team visits Vancouver, BC, May 8–9, holding an Executive Forum on Bermuda Captive Insurance Solutions on the second day to offer insurance buyers,... Read more of this article
