Category: Business
SiriusPoint & Euclid Form Strategic Partnership
SiriusPoint and Euclid Security Programs LLC have forged a new strategic partnership. A spokesperson said, “SiriusPoint Ltd. a global specialty insurer and reinsurer, and Euclid Security Programs LLC [Euclid Security], a boutique managing general underwriter [MGU] specializing in security industry risks, have today announced a new strategic... Read more of this article
Bermuda Stock Exchange Report: June 27 2024
June 27 saw 1,400 shares trade on the Bermuda Stock Exchange, valued at $42,700.00 BD. 1,000 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.6% at $33.50 per share, while another 400 shares were traded by BF&M Ltd, closing up 4.5% at $23.00 per share. The BSX finished at 2,413.29, up 0.83% on the day. There were 2 advances, 0... Read more of this article
Markel Group Appoints Phil Schmidt
Markel Group has appointed Phil Schmidt as Chief Strategy Officer. A spokesperson said, “Markel, the insurance operations within Markel Group Inc. [NYSE: MKL], announced today that Phil Schmidt has been appointed Chief Strategy Officer. Effective today, Schmidt will lead Markel’s Global Strategy team. Schmidt, based in Bermuda, joined Markel... Read more of this article
Brit Ltd Appoints Jacques Bonneau
Brit Ltd announced the appointment of Jacques Bonneau to the Board of Brit Re as a Non-Executive Director, subject to regulatory approval. A spokesperson said, “Jacques retired as CEO and President of PartnerRe in March 2024, and is a highly regarded leader within the global [re]insurance sector. Other positions Jacques has held in his career... Read more of this article
Minister Hayward Celebrates World MSME Day
“Micro, Small, and Medium-Sized Enterprises [MSMEs] are the backbone of our economy, showcasing resilience, creativity, and innovation,” Minister of Economy and Labour Jason Hayward said. Minister Hayward said, “Moreover, they are crucial to our economic vitality and sustainability. And so, as the Minister of Economy and Labour, I... Read more of this article
Bermuda Stock Exchange Report: June 26 2024
June 26 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,393.43, 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 ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: July 1 2024 Bermuda Stock Exchange... Read more of this article
Chubb Bermuda Welcomes Three Interns
Chubb Bermuda welcomed Kiara Burcher, Alexis Lodge, and Amir Thomas to their annual Chubb Select Internship Programme. A spokesperson said, “Chubb Bermuda is welcoming three summer interns to its coveted Chubb Select Internship Programme, which is now in its 12th year. This internship is provided to Bermuda university students pursuing a career... Read more of this article
Stephanie Macleod Leads Masterclasses
Stephanie Macleod, Director of Blending, Scotch Whisky for Bacardi, recently visited Bermuda and led a series of masterclasses at several local restaurants. A spokesperson said, “Stephanie Macleod, Director of Blending, Scotch Whisky for Bacardi, recently visited Bermuda following an unprecedented occasion of being named Master Blender of the... Read more of this article
Carey Olsen Announces Leadership Changes
Carey Olsen announced leadership changes effective July 1, 2024, with Alex Ohlsson as chairman and Michael Hanson and Simon Marks as managing partners. A spokesperson said, “Carey Olsen has today announced a number of changes to its executive leadership team, with effect from 1 July 2024. “Current group managing partner Alex Ohlsson, who... Read more of this article
Ascot Appoints New Group & US Counsel
Ascot Group Limited, the Bermuda based global specialty insurance company, announced that Michael Sevi has joined the firm as Ascot Group General Counsel, reporting to Group Chief Executive Officer and President Jonathan Zaffino. A spokesperson said, “Additionally, Ascot Group is pleased to announce that John Gill has been promoted to the position... Read more of this article
Bermuda Stock Exchange Report: June 25 2024
June 25 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,393.43, 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 ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: July 1 2024 Bermuda Stock Exchange... Read more of this article
Premier Welcomes Reopening Of Barracuda Grill
Barracuda Grill re-opened yesterday [June 24] after several months of refurbishments and renovations. A Government spokesperson said, “After several months of refurbishments and renovations, Barracuda Grill formally reopened with a ribbon cutting ceremony yesterday [June 24], and the Premier, the Hon. E. David Burt, JP, MP, a former bartender,... Read more of this article
PwC Survey: Workers Prioritize Skills Growth
Among more than 56,000 workers across 50 countries and territories, “many say they are prioritising long-term skills growth to accelerate their careers amid rising workloads and heightened workplace uncertainty,” according to PwC’s 2024 Global Workforce Hopes & Fears Survey, published today. A spokesperson said, “In the last... Read more of this article
Athene Life Hosts Annual Career Expo
Athene Life Re hosted its second annual Life Career Expo at Pier 6 in Hamilton. A spokesperson said, “This year’s event brought together nearly 350 attendees, which featured young Bermudians speaking about their career experiences, panels with industry experts and roundtable discussions on industry topics such as job candidate branding and the... Read more of this article
BermudAir Names Leslie Peden As SVP
BermudAir today announced the appointment of Leslie Peden to the post of Senior Vice President, Sales & Distribution. A spokesperson said, “In this new role, Leslie is responsible for BermudAir’s travel partner channel strategies and engagement globally, as well as the airline’s multi-channel distribution activities. “Leslie brings... Read more of this article
AM Best Upgrades Athene Group’s Ratings To A+
AM Best has upgraded the Financial Strength Rating to A+ [Superior] from A [Excellent] and the Long-Term Issuer Credit Rating to “aa-” [Superior] from “a+” [Excellent] of the members of Athene Group. The ratings agency said, “Athene is the consolidation of the organization’s U.S. operating companies, along with its affiliated reinsurance... Read more of this article
