Category: Business
Marine Expo Profile: Ocean Sails Canvas
In the fifth in a series of profiles of vendors who will be taking part in the St. George’s Marine Expo on Sunday, April 23rd, we spotlight Ocean Sails Custom Canvas & Upholstery/Doyle Sailmakers Bermuda. 1. What is the name of your company? Ocean Sails Custom Canvas & Upholstery/Doyle Sailmakers Bermuda 2. What does your company specialize... Read more of this article
RSIR Realty Offices Return To Front Street
Rego Sotheby’s International Realty announced the return of their offices to Front Street, which served as the base to their headquarters 68 years ago. “The Real Estate company has taken up residence in Front Street’s iconic Dickinson Building. The relocation positions the company right in center of Hamilton,” the company said. Of... Read more of this article
BTA & Minister On Conference, New Legislation
“New legislation to spur hotel investment is expected to move through Parliament in the coming months, which could help to grow Bermuda’s hotel capacity by 1,500 rooms in about ten years,” the Bermuda Tourism Authority said, adding that if “passed this year, the Tourism Incentives Act will play a key role during the upcoming Caribbean... Read more of this article
Bermuda Stock Exchange Report: April 20 2017
April 20 saw 342 shares trade on the Bermuda Stock Exchange, valued at $2,732.58 BD. 342 shares were traded by Ascendant Group Limited, closing up 6.5% at $7.99 per share. The BSX finished at 1,930.02, up 0.25% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Hotel Plaque Commemorates Insurance History
Hamilton Princess & Beach Club has unveiled a plaque to commemorate a key milestone in Bermuda’s insurance history. The founding chairman and first employee of ACE Limited, John R. Cox, wrote the company’s first insurance policy in Room 348 at the hotel on November 1, 1985. ACE, which adopted the Chubb name in 2016 following its acquisition... Read more of this article
Soltrino Aims To Shine Bright At Marine Expo
Two local moms, Linda Cook and Michelle Viera, the owners of an online boutique selling stylish sun protective clothing and accessories, will showcase their wares at a Trunk Show event, happening at the second annual St. George’s Marine Expo this weekend. Since founding their online store Soltrino last year, the duo have gained support with Bermudians... Read more of this article
California Rain Causes Lettuce Price Increase
Heavy rains in California delayed field plantings which affected the price of lettuce, broccoli, and cauliflower at at least one local supermarket. According to a poster at the store, “Lettuces, Broccoli, and Cauliflower are in short supply and prices are higher than normal. “Why? Heavy rains in California delayed field plantings that would... Read more of this article
Column: Suggesting ’27 Words’ Before Election
[Opinion column written by Larry Burchall] Theresa May’s snap decision to call a General Election in June in the UK, got me thinking about Bermuda. With the OBA down to 17 guaranteed votes in a House of Assembly where 19 votes constitutes a Parliamentary majority; with six economic ‘fundamentals’ still not lining up to pull Bermuda out of its... Read more of this article
IRM & EY Bermuda To Host Blockchain Forum
The Institute of Risk Management [IRM] Bermuda Group and EY Bermuda Ltd. will host “Blockchain: Cutting through the Hype,” a forum focused on distributed ledger technology [DLT] in the reinsurance marketplace. The event will be held on Friday, 21 April from 8:30 to 11:30 a.m. at XL Catlin. The forum will begin a presentation and visual representation... Read more of this article
Card To Speak On Cyber Risks & Security Panel
Local lawyer, Duncan Card, Managing Principal of Bennett Jones [Bermuda] Ltd., will speak on a panel on cyber risks and security at the 20th Annual Conference of the Association of Trade & Forfaiting in the Americas [ATFA]. Also participating on that panel will be: Noel Pearman, Senior Vice President and Cyber Product Lead, XL Catlin; and, Giles... Read more of this article
Bermuda Stock Exchange Report: April 19 2017
April 19 saw 4,600 shares trade on the Bermuda Stock Exchange, valued at $141,840.00 BD. 4,600 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.8% at $31.00 per share. The BSX finished at 1,925.29, down 0.58% on the day. There were 0 advances, 1 decline, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Winners Of BII Insurance Industry Awards
The Bermuda Insurance Institute [BII] announced the winners of the 2016 Insurance Industry Awards, which recognize companies and individuals whose contributions to the [re]insurance industry, and/or the local community are highly commendable. The winners will be honoured on May 18, 2017 at the annual awards ceremony which will be held at the Hamilton... Read more of this article
