Category: Business
Bacardi & Music Producer Swizz Beatz Team Up
Bermuda-headquartered Bacardi and multiplatform artist Swizz Beatz have joined forces to deliver events and marketing in what the company said will be “exciting and new ways.” “In a multi-year agreement, Bacardi has named the multifaceted entrepreneur, artist, art collector and Grammy award-winning music producer Global Chief Creative... Read more of this article
Bermuda Stock Exchange Report: July 11 2016
Today [July 11] saw 14,170 shares trade on the Bermuda Stock Exchange, valued at $26,085.06 BD. 58,836 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.7% at $1.70 per share, while the other 5,000 shares were traded by KeyTech Ltd, closing even at $3.00 per share. The BSX finished at 1,225.28, up 2.25% on the day. There was 1 advance,... Read more of this article
Increase In Number Of Real Estate Transactions
For the third consecutive year, there has been an increase in the number of property transactions in Bermuda and it is the first time in 5 years that property transactions have climbed over 300, Coldwell Banker Bermuda Realty said. In their July 2016 sales market update, the company said, “For the third consecutive year, we have seen an increase... Read more of this article
Bermuda To Host Aviation Conference In October
Bermuda will host the island’s first aviation industry conference later this year, attracting air-finance and aircraft registration experts from around the world, the Bermuda Business Development Agency announced today. The sixth annual Offshore Aircraft Registration event, hosted by aviation summit organiser AeroPodium at the Hamilton Princess &... Read more of this article
Photos: Hayward’s Liquor Now Open In Warwick
The Phoenix Stores has added Hayward’s Liquor Store to its group, saying that “when the opportunity presented itself, we immediately jumped at the prospect of investing in this location.” Located in the Hayward’s Building at 49 Middle Road in Warwick, Hayward’s Liquor Store has reclaimed its name, undergone extensive renovations and... Read more of this article
Legislated Obligations: Employers To Employees
The Chamber of Commerce is hosting a panel discussion on 15th July 2016 in collaboration with the Bermuda Health Council, Department of Social Insurance [DOSI], the Pension Commission and the Health Insurance Department [HID] about the legislated obligations of employers to their employees. “The discussion includes an overview of employer responsibilities... Read more of this article
Photos: Port Royal Gas Station Appreciation Day
The Esso Service Station at Port Royal held a Customer Appreciation Day on Saturday afternoon, with the service station offering free giveaways, food, face painting, music, Gombeys and more. The event was held to both thank the public for their continual support and to celebrate their recent award, with the business recently winning the Gold Retailer... Read more of this article
PartnerRe Makes Series Of New Appointments
Bermuda-based PartnerRe has announced a series of appointments, following the reorganization of its business units announced on June 30, 2016. As previously announced, PartnerRe has restructured its business units in order to better align its global expertise with the needs of its clients and brokers. As a result of the changes, which took effect on... Read more of this article
Chandler Appointed Specialty Reinsurance Head
XL Catlin’s reinsurance operations announced that Christophe Chandler has relocated from Bermuda to London to take up the position of Head of Specialty Reinsurance, London. Commenting on the appointment, Jonathan Gale, XL Catlin’s Chief Executive, Reinsurance – London said, “Christophe, formerly XL Catlin’s Underwriting Director for Reinsurance... Read more of this article
Bermuda Stock Exchange Report: July 8 2016
Today [July 8] saw 14,170 shares trade on the Bermuda Stock Exchange, valued at $26,085.06 BD. 12,073 shares were traded by Bank of N.T. Butterfield Ltd, closing down 3.5% at $1.64 per share, while the other 2,097 shares were traded by KeyTech Ltd, closing up 13.2% at $3.00 per share. The BSX finished at 1,198.29, down 1.82% on the day. There was 1... Read more of this article
HSBC Named ‘World’s Best Investment Bank’
HSBC has been named the ‘World’s Best Investment Bank’ in Euromoney magazine’s Awards for Excellence 2016. The bank also won the ‘World’s Best Bank for Corporates’ awards, along with six regional prizes. The Euromoney awards, now in their 25th year, provide a benchmark for levels of service and financial performance across the banking... Read more of this article
Aspen Appoints Head Of U.S. Primary Casualty
Bermuda-based Aspen Insurance has announced the appointment of Sean McPhillips as Senior Vice President, Head of U.S. Primary Casualty. Based in New York and reporting to David Cohen, President and Chief Underwriting Officer, Aspen Insurance, he will lead the planning, strategy and execution of the Primary Casualty operation throughout the U.S. He... Read more of this article
