Category: Business
Over 700 Participate In Insurance Course
A record number of more than 700 people participated in the online foundational insurance course provided free to the Bermudian public thanks to sponsorship by the Association of Bermuda Insurers and Reinsurers [ABIR]. A spokesperson said, “ABIR partnered with Bermuda College and the Maurice R. Greenberg School of Risk Management, Insurance and... Read more of this article
Bermuda Stock Exchange Report: May 30 2024
May 30 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,455.66, even on the day. There were 0 advances, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 19 2024 Bermuda Stock Exchange Report: July 18 2024 Bermuda Stock Exchange Report:... Read more of this article
Carey Olsen Sponsors 5th Annual Tech Summit
Carey Olsen sponsored Bermuda’s 5th Annual International Tech Summit from April 29 to May 3, highlighting its dedication to the island’s digital sector through initiatives like the Carey Olsen Crypto Cafe. A spokesperson said, “Carey Olsen proudly celebrates its role as a platinum sponsor of the 5th Annual International Tech Summit... Read more of this article
Butterfield Launching Google Pay In Bermuda
The Bank of Butterfield is launching Google Pay for its clients, “enabling them to add personal debit, credit cards and business debit cards to Google Wallet.” A spokesperson said, “Butterfield has collaborated to launch Google Pay for its clients, enabling them to add personal debit, credit cards and business debit cards to Google... Read more of this article
Update On Restricted And Closed Job Categories
The Ministry of Economy and Labour issued an advisory about the moratorium on new work permits issued for certain job categories. A Government spokesperson said, “Effective June 1st, 2024, the Ministry of Economy and Labour advises the public that the moratorium on new work permits issued for the following Closed job categories is extended for... Read more of this article
Paradise Mobile Takes Over Marina Nights
Paradise Mobile has partnered with Hamilton Princess & Beach Club for a takeover of Marina Nights on Friday [May 31]. A spokesperson said, “Bermuda residents are invited to step into Paradise on Friday, May 31st as Paradise Mobile has partnered with Hamilton Princess & Beach Club for a takeover of the Island’s best happy hour, Marina Nights. “At... Read more of this article
Bermuda Stock Exchange Report: May 29 2024
May 29 saw 100 shares trade on the Bermuda Stock Exchange, valued at $3,400.00 BD. 100 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.9% at $34.00 per share. The BSX finished at 2,455.66, down 2.14% on the day. There were 0 advances, 1 decline, and 49 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Fidelis Concludes Secondary Public Offering
Fidelis Insurance Holdings Limited completed a secondary public offering. A spokesperson said, “Fidelis Insurance Holdings Limited, a global specialty insurer, today announced the closing of its underwritten secondary public offering of 9,000,000 common shares by certain of its shareholders at a price to the public of $16.00 per common share. “The... Read more of this article
Lloyd’s & Bermuda Monetary Authority MoU
Lloyd’s announced a Memorandum of Understanding [MoU] with the Bermuda Monetary Authority [BMA]. A spokesperson said, “Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has today announced the signing of a Memorandum of Understanding [MoU] with the Bermuda Monetary Authority committing to working collaboratively to... Read more of this article
Abacus Appoints James Cornes & May Ramos
Abacus Ltd. has announced the appointment of James Cornes and May Ramos to the team as Account Managers. A spokesperson said, “Abacus, a local full-service accounting firm offering a wide range of services, from bookkeeping to payroll services, has grown significantly since its inception in 2007. These new hires have been made to keep pace with... Read more of this article
SiriusPoint Appoints Susan Cross To Board
SiriusPoint appointed Susan Cross to Board of Directors, effective May 24, 2024. A spokesperson said, “SiriusPoint Ltd., a global specialty insurer and reinsurer, has today announced the appointment of Susan Cross as Board Director, effective May 24, 2024. Susan takes up a new role on the SiriusPoint Board, bringing the total number of members... Read more of this article
John Lecci Joins Argo As SVP & Liability Head
Argo Group has appointed John Lecci as senior vice president and head of professional liability. A spokesperson said, “Reporting directly to Steven Boughal, head of Argo Group’s professional lines, Lecci will bring his extensive experience and leadership to Argo Group, effective immediately. “Lecci has more than 23 years of experience... Read more of this article
Bermuda Stock Exchange Report: May 28 2024
May 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,509.29, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 19 2024 Bermuda Stock Exchange Report: July 18 2024 Bermuda Stock Exchange Report:... Read more of this article
EDD Invites Public To Fintech Training
The Economic Development Department announced the launch of the 3rd Annual Fintech Training Programme, inviting interested individuals to register by June 5, 2024. A Government spokesperson said, “The Economic Development Department [EDD] is happy to announce the launch of the 3rd Annual Fintech Training Programme. Interested persons are encouraged... Read more of this article
TABS New Summer Print: Wild & Restrained
TABS Apparel is launching its latest print, dubbed Wild & Restrained. A spokesperson said, “TABS Bermuda, renowned for its distinctive and stylish collections, announces the launch of its latest print, Wild & Restrained. Created in collaboration with Lemoncello Design, this new design seamlessly blends Bermuda’s unique architecture... Read more of this article
Bermuda Stock Exchange Report: May 27 2024
May 27 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $ 29,000.00 BD. 1,000 shares were traded by Watlington Waterworks Ltd., closing down 3.3% at $29.00 per share. The BSX finished at 2,509.29, down 0.05% on the day. There were 0 advances, 1 decline, and 50 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
