Category: Business
BBC News: Workers Down Tools At Resort
[Written by Tari Trott & Trevor Lindsay, Bermuda Broadcasting Co.] Seventeen unionised workers have downed tools at Rosewood Tucker’s Point resort over what they describe as deteriorating working conditions. Workers told us that management are aware of their concerns, which include problems with rodents and mould at their employee building. Meetings... Read more of this article
Miles Osorio Joins Hamilton Underwriting Limited
Hamilton Underwriting Limited, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced today [April 4] that Miles Osorio has been hired as Head of Property D&F. Reporting to Active Underwriter Trevor Carvey, Mr. Osorio will be responsible for developing a book of direct and facultative... Read more of this article
Moody’s Changes Bermuda’s Macro To Moderate
Moody’s Investors Service changed the Macro Profile for Bermuda to “Moderate” from “Moderate +” saying it is to “reflect the lowering of its assessment for institutional strength based on the World Bank’s World Wide Governance Indicators for rule of law and government effectiveness.” The ratings agency... Read more of this article
Glaze Continue Expansion, To Open 4th Location
[Written by Don Burgess] Glaze will be opening up its fourth location as it moves into the eatery space at the Dockyard Pharmacy as it continues its rapid expansion. Just two weeks ago Glaze opened its third location, this one at Brown & Co in the spot formerly operated by Buzz. Owner Marico Thomas said the chain is not done growing this year with... Read more of this article
Oil Casualty Insurance Holds General Meeting
Oil Casualty Insurance, Ltd. [OCIL], a Bermuda licensed insurance and reinsurance company, held its annual general meeting of shareholders on March 30, 2016 at the Fairmont Southampton. The company reported net income of $4.7 million for year ended November 30, 2015, an increase of $1.1 million over the prior year. Net premiums earned for 2015 fiscal... Read more of this article
TMR Appoints Andreas Kull To Chief Risk Officer
Tokio Millennium Re AG [TMR] announced the appointment of Mr. Andreas Kull to the role of Chief Risk Officer [CRO] and member of the Executive Committee of TMR with effect from today. Andreas Kull will succeed Akira Higuma, current CRO, who after five years at TMR will return to Japan as the group leader of Global Risk Management, a unit within the... Read more of this article
Bermuda Stock Exchange Report: April 1 2016
Today [April 1] saw no shares trade on the Bermuda Stock Exchange. The BSX finished at 1,209.35, even on the day. There were 0 advances, 0 declines, and 62 remained unchanged. The full report for the day is available here [PDF], while the weekly report is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock... Read more of this article
BBC News: Shake-Up At Mariners Club
[Written by Adrienne Smatt, Bermuda Broadcasting Co.] Bermudians Stefan Gitschner and Somers Carr grew up abroad but came back to Bermuda to make their living. After gaining experience as far afield as France, the two entrepreneurs got together to create the ‘Twisted Spoon Cocktail Company’ and have recently taken over management of the Mariners... Read more of this article
HSBC Bank Employees Continue To Give Back
This week, HSBC Bank Bermuda employees made two separate donations of $4,000 each to the Order of St. John’s Ambulance Bermuda and Friends of Hospice. Kevin Oates – HSBC presenting to Veronica DeSilva of the Order of St. John’s Ambulance Bermuda. With Mr Oates are HSBC employees Teresa Watts, Jeanann Edwards, Gloria Aguiar and Kelly Weakley. The... Read more of this article
BTA’s ‘Tourism Forward’: Brand Identity
[Part of the Bermuda Tourism Authority's 'Tourism Forward' series] The Bermuda Tourism Authority [BTA] wants visitors to know Bermuda is set apart by its location, way of life and a certain mystique. These characteristics are woven into Bermuda’s brand messaging going forward. Much of it is already happening. It’s the end result of many... Read more of this article
Conyers Promotes Three Bermudian Lawyers
Conyers Dill & Pearman announced Sophia Greaves, Niel Jones and Scott Pearman have been appointed as Directors in the Bermuda office. “Sophia, Niel and Scott are tremendous assets to our Bermuda practice”, said Narinder Hargun, Director and Co-Chairman of the Firm. He continued, “They are respected leaders both locally and globally. We congratulate... Read more of this article
Everest Re Appoint Doucette, Zaffino & Kerner
Everest Re Group, Ltd. announced that it has named John P. Doucette as President and CEO of the Reinsurance Division, effective April 1, 2016. Mr. Doucette has been a key member of the executive management team since he joined Everest in 2008. In his new role as President and CEO of the Reinsurance Division, he will have oversight of all reinsurance... Read more of this article
