RSSCategory: Business

Harbour Nights Vendor Applications Now Open

Harbour Nights Vendor Applications Now Open

The Bermuda Chamber of Commerce announced the opening of vendor applications for Harbour Nights 2024. A spokesperson said, “The Bermuda Chamber of Commerce is thrilled to announce that applications for vendors to participate in the much-anticipated 2024 edition of Harbour Nights are officially open. Harbour Nights will light up Front Street from... Read more of this article

EY Bermuda Hosts Networking Reception

EY Bermuda Hosts Networking Reception

EY hosted an Executive Networking Reception in support of the ISC [Insurance Supper Club] Group, a global business network dedicated to bridging the gender seniority gap in the [re]insurance industry. A spokesperson said, “Over eighty executives heard from special guest Dr. Frank Schmid, an industry luminary and renowned expert on Generative AI,... Read more of this article

Relm Insurance Appoints Chris Sinkey As COO

Relm Insurance Appoints Chris Sinkey As COO

Relm Insurance announced the appointment of Chris Sinkey as the Chief Operating Officer. A spokesperson said, “Relm Insurance [Relm], a leading specialty insurance carrier supporting emerging and innovative industries, today announced that Chris Sinkey has joined as Chief Operating Officer, a newly created role. “Reporting into CEO and Founder,... Read more of this article

BEDC Opens Applications For Summer Program

BEDC Opens Applications For Summer Program

Are you looking for a summer opportunity that allows young individuals to earn money while gaining entrepreneurial experience? The Bermuda Economic Development Corporation [BEDC] is now accepting applications for the 6th annual Summer Student Entrepreneur Program [SSEP]. A spokesperson said, “Celebrating the program’s success over the previous... Read more of this article

Photos & Video: Holiday Spring Market

Photos & Video: Holiday Spring Market

The Holiday Spring Market at St. Paul’s Paget buzzed with activity, presenting a diverse selection of seasonal items and artisanal crafts. In advance of the event of spokesperson said, “This is a wonderful opportunity to explore unique gifts, indulge in delicious treats, and enjoy the festive ambiance of the spring season. Whether you’re... Read more of this article

ABIR Welcomes Re/insurer Sompo As Member

ABIR Welcomes Re/insurer Sompo As Member

The Association of Bermuda Insurers and Reinsurers [ABIR] announced the addition of Sompo International Holdings Ltd. as its newest member, along with the appointment of Sompo’s Chief Risk Officer, Emmanuel Brulé, to the ABIR Board of Directors. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] welcomed Sompo... Read more of this article

AXIS Names Kyle Freeman Head Of AXIS ILS

AXIS Names Kyle Freeman Head Of AXIS ILS

AXIS Capital Holdings has appointed Kyle Freeman as Head of AXIS ILS, effective immediately. A spokesperson said, “AXIS Capital Holdings Limited [“AXIS Capital” or the “Company”] [NYSE: AXS] announced today that it has appointed Kyle Freeman as Head of AXIS ILS, effective immediately. Mr. Freeman’s responsibilities will include overseeing... Read more of this article

Business Development Agency CEO Retires

Business Development Agency CEO Retires

David Hart has stepped down as the CEO of the Bermuda Business Development Agency [BDA] after two and a half years. Michael Hanson, Chair, BDA said, “It is a fitting time in the BDA’s strategic evolution to thank David for his service to Bermuda. David’s leadership through our post Covid build-out phase was invaluable in reestablishing the Bermuda... Read more of this article

Shipping Schedule: Week Starting March 23

Shipping Schedule: Week Starting March 23

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, March 23rd. On Monday the Marie LPG tanker and the Oleander container ship are expected, on Tuesday the Norwegian Getaway cruise ship and the Sky oil products tanker will arrive, on Wednesday the Somers Isles container... Read more of this article

AM Best Affirms Ratings Of Black Gold Re

AM Best Affirms Ratings Of Black Gold Re

AM Best has affirmed the Financial Strength Rating of B++ [Good] and the Long-Term Issuer Credit Rating of “bbb+” [Good] of Black Gold Re Limited [BGRe] [Bermuda]. The ratings agency said, “The outlook of these Credit Ratings [ratings] is stable. BGRe is a captive reinsurer of Ecopetrol S.A. [Ecopetrol] [NYSE: EC], a Colombia-based integrated... Read more of this article

Bermuda Stock Exchange Report: March 22 2024

Bermuda Stock Exchange Report: March 22 2024

March 22 saw 122 shares trade on the Bermuda Stock Exchange, valued at $3,661.00 BD. 122 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $30.01 per share. The BSX finished at 2,265.36, up 0.02% on the day. There was 1 advance, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF], and the full... Read more of this article

BF&M Limited 2024 First Quarter Dividend

BF&M Limited 2024 First Quarter Dividend

BF&M Limited announced a declaration of dividend for the first quarter. The full filing with the BSX stated, “Common Shares | Record Date: 29 March 2024 | Payment Date: 12 April 2024 | Dividend per share: 0.28 cents.” Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M Sponsors Free For February At NMB Endeavour & BF&M... Read more of this article

Bermuda Stock Exchange Report: March 21 2024

Bermuda Stock Exchange Report: March 21 2024

March 21 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,264.83, 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: March 27 2024 Bermuda Stock... Read more of this article

Allied World Bermuda Announces Staff Promotions

Allied World Bermuda Announces Staff Promotions

Allied World Bermuda  promoted 11 employees in recognition of their talent and hard work. “Congratulations to our employees that have been promoted this year. Allied World is very proud of our talented staff” said Colm Singleton, Head of Allied World Bermuda. Congratulations to: Katosha Caines, promoted to VP, Bermuda Property Division Remy Colmet,... Read more of this article

Heather Venture & Tapir Holdings List On BSX

Heather Venture & Tapir Holdings List On BSX

Carey Olsen Listing Services Bermuda Limited has acted as listing sponsor, in conjunction with Clarien BSX Services Limited as trading member, for the successful admission of Heather Venture Holdings Ltd. and Tapir Holdings Ltd. to list their respective shares on the Mezzanine Market of the Bermuda Stock Exchange [BSX], effective 11 March 2024. A spokesperson... Read more of this article

Meet & Greet Easter Bunny At MarketPlace

Meet & Greet Easter Bunny At MarketPlace

The MarketPlace has invited the public for a meet & greet with Easter Bunny on Saturday [March 23]. A spokesperson said, “Join us for a meet and greet with the Easter Bunny on Saturday, March 23! Bring your little ones, cameras, and brightest smiles! “Let’s capture unforgettable moments together! Check the schedule for timings... Read more of this article