Category: Business
Aspen Announces Acquisition Of AgriLogic
Bermuda-based Aspen Insurance Holdings Limited announced today [Jan 20] that it has acquired AgriLogic Insurance Services, LLC and certain affiliates [AgriLogic] for cash in a transaction that further diversifies its portfolio of specialty insurance business and complements Aspen’s strategy of building businesses which are founded on deep technical... Read more of this article
Bermuda Stock Exchange Report: Jan 20 2016
Today [Jan 20] saw 17,661 shares trade on the Bermuda Stock Exchange, valued at $77,291.45 BD. 13,661 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.6% at $1.76 per share, while another 2,800 shares were traded by BF&M Ltd, closing down 0.4% at $16.71. The other 1,200 shares were traded by Ascendant Group Limited, closing at... Read more of this article
New Price Rite Store Opens In Warwick
Premier Michael Dunkley congratulated The MarketPlace group today when he attended the opening of their newest Price Rite store in Warwick. Premier Dunkley joined MarketPlace owner Pamela Ferriera and MarketPlace president Gary Shuman in performing a ribbon cutting at the new establishment, which is located at the site of the former White’s supermarket. Audio... Read more of this article
Aspen Insurance Appoints Robert Rokicki
Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited has announced the appointment of Robert Rokicki as Senior Vice President, Head of Onshore Energy & Construction for the Americas. Reporting to Tim Kania, Global Head of Energy & Construction, Mr Rokicki will be based in New York and will focus on driving targeted growth... Read more of this article
Appleby: Number Of IPOs Reaches 5-Year High
There were more than 200 offshore initial public offerings [IPOs] announced or completed in 2015, with the majority of those businesses coming from the Cayman Islands, according to data compiled by leading offshore law firm Appleby. The firm examined completed and planned IPOs by companies incorporated in Bermuda, the British Virgin Islands, Cayman... Read more of this article
Richard Lang Appointed Workshop Manager
Bermuda Motors announced that Richard Lang has been appointed Workshop Manager. Mr. Lang, 30, will be responsible for managing the company’s busy service and repair operations. Mr. Lang has more than 10 years experience working at the UK’s largest independent Kia dealer, Westdrive Kia in Braintree, Essex. Starting as a technician, he later worked... Read more of this article
Mark de Saram To Retire From Everest Re Group
Everest Re Group, Ltd. announced that Mark de Saram, Managing Director and Chief Executive Officer of Everest Reinsurance [Bermuda], Ltd., has notified the Company of his decision to retire effective April 6, 2016. Mr. de Saram joined Everest in 1995 as Vice President of its United Kingdom and European operations and in 2004 was appointed Chief Executive... Read more of this article
Tokio Appoints Butch Agnew As VP ILS Portfolio
Tokio Solution Management Ltd. announced the appointment of Butch Agnew as Vice President, ILS Portfolio Management. Susan Lane, co-CEO of Tokio Solution, commented: “We are delighted to welcome Butch to Tokio Solution in this new role responsible for developing client relationships and managing business strategies. “His appointment underscores... Read more of this article
Bermuda Stock Exchange Report: Jan 18 2016
Today [Jan 18] saw no shares trade on the Bermuda Stock Exchange. The BSX finished at 1,223.25, even on the day. There were 0 advances, 2 declines, and 65 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 6 2026 Bermuda Stock Exchange Report: Jan 5 2026 Bermuda Stock Exchange... Read more of this article
Jessel Mendes Joins BDA’s Board Of Directors
The Bermuda Business Development Agency [BDA] has further strengthened its Board of Directors with the appointment of Jessel Mendes, approved by the Board and Members of the Company at the agency’s recent AGM. Born in Dar es Salaam, Tanzania and raised in Canada, Mr Mendes has been based in Bermuda for 20 years; he is currently a partner in the Bahamas,... Read more of this article
Digicel Business Gain Cisco Gold Certification
Digicel Business has successfully retained its Cisco® Gold Certification, in addition to receiving a Master Cloud Managed Services Provider designation for its operations – the highest levels of partner certifications from Cisco. Digicel Business, who has been a Cisco Partner for more than 10 years, is Bermuda’s only Business Solutions provider... Read more of this article
AC Licensee Opportunities Finish End Of January
Businesses with concepts for America’s Cup themed products have until the end of the month to apply to the 35th America’s Cup Local Licensing Programme, the ACEA said today. “Currently ten businesses have licensing agreements with the America’s Cup, selling a variety of branded products including Bermuda shorts, cedar pens, bags, a children’s... Read more of this article
