Category: Business
Everest To Host ‘Investor Day’ At NYSE
Everest Group will host an Investor Day at the New York Stock Exchange on Tuesday, November 14th. A spokesperson said, “Everest Group, a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that it will host an Investor Day at the New York Stock Exchange on Tuesday,... Read more of this article
Essent Closes $281.5M Reinsurance Transaction
Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $281.5 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in August 2022 through June 2023 from Radnor Re 2023-1 Ltd., a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor... Read more of this article
BF&M: No Share Repurchases In July 2023
In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, the company has not purchased any shares in the calendar month of July 2023. Related Stories Veronica Swan DeGraff Earns BF&M Scholarship BF&M & Argus Summer Internship Programme Photos & Video: BF&M Breast... Read more of this article
Shipping Schedule: Week Starting Aug 12
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, August 12th. On Saturday the Carnival Venezia and the Liberty of the Seas cruise ships and the Lech Kaczynski LNG tanker are expected, on Sunday the Norwegian Pearl cruise ship and the Oleander container ship will arrive,... Read more of this article
Bermuda Stock Exchange Report: Aug 11 2023
August 11 saw 2,400 shares trade on the Bermuda Stock Exchange, valued at $14,400.00 BD. 2,400 shares were traded by Argus Group Holdings Ltd, closing even at $6.00 per share. The BSX finished at 2,226.67, even on the day. There were 0 advances, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF], and the full... Read more of this article
Conyers Pay Tribute To Niel Jones
Conyers paid tribute to the late Niel Jones, calling him a superb legal practitioner and a devoted husband and father. A spokesperson said, “It is with deep sadness that we announce the tragic, untimely death of our colleague and friend, Niel Jones. “Niel was a very talented lawyer and a model colleague. He was a valued partner in the firm and a... Read more of this article
Impact Mentoring Academy Suspends Operations
The Board of Impact Mentoring Academy today announced the “immediate suspension of operations of the school for the 2023-2024 academic year due to low enrollment numbers.” A spokesperson said, “This decision was reached after careful consideration of the school’s financial position.” “We are genuinely sorry to announce... Read more of this article
BTA Releases Second Quarter Tourism Figures
The Bermuda Tourism Authority [BTA] today reported second-quarter tourism figures for the period ending June 30 2023. A spokesperson said, “The Q2 figures recorded 41,821 leisure air arrivals representing an increase of 25.7% compared to Q2 2022. Hotel occupancy experienced an increase of 12.1%, with hotel RevPAR [Revenue Per Available Room] increasing... Read more of this article
Randy Rochester Retires After 40 Years
After 40 years of dedicated service, the Permanent Secretary of the Ministry of Public Works Randy Rochester, retires from the Public Service. A Government spokesperson said, “Mr. Rochester worked his way up through the ranks of Government, having served in such areas as the Transport Control Department [TCD] as Director; the Ministry of Home... Read more of this article
BEDC Hosts Dinner For EBA Graduates
On August 10th, the Bermuda Economic Development Corporation [BEDC] hosted a graduation dinner for the 8th cohort of the Enterprise Bermuda Accelerator. Colina Outerbridge, Business Data & Policy Analyst at the BEDC, provided the welcome remarks for the occasion. She congratulated the graduating cohort, stating, “In today’s dynamic and competitive... Read more of this article
Column: MyBermudaPost Judicial Review
[Column written by OBA Senator Douglas De Couto] The PLP Government regularly makes deals that don’t make sense, and at worse, is actively against the interest of the Bermudian people, and in violation of the Government’s own procedures and laws. The Government then cynically tries to use all means within its power to hide the truth of its actions... Read more of this article
New Custom Office Suites In Hamilton
Jardine Gibbons Properties Ltd announced the launch of its new custom office suites located conveniently on the corner of Church Street and Washington Street, next to the Hamilton Bus Depot. A spokesperson said, “These innovative and personalised offices, The Suites at Russell Eve, managed by Gibbons Management Services Limited [GMSL] are designed... Read more of this article
