Category: Business
PartnerRe Declares Preferred Shares Dividend
PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 15, 2023 – September 14, 2023 of $0.3046875 per share on the Company’s 4.875% Fixed Rate Non-Cumulative Redeemable Preferred Shares, Series J. The dividend is payable on September 15, 2023 to shareholders of record on August 31, 2023. Related Stories PartnerRe... Read more of this article
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.38 per common share on its common shares. The dividend is payable on September 29, 2023, to shareholders of record on September 15, 2023. Related Stories RenaissanceRe Announces Dividend Increase RenaissanceRe Announces Quarterly Dividend RenaissanceRe Announces... Read more of this article
Bermuda Stock Exchange Report: Aug 2 2023
August 2 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,340.31, 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 report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock... Read more of this article
Westend Statement On Southampton SDO
Westend said they would like to “set the record straight and address some ongoing misconceptions” about the development application for the Fairmont Southampton. A spokesperson said, “In response to recent comments in the media about the revised Southampton SDO application, Westend would like to take this opportunity to set the record... Read more of this article
Butterfield Cautions Shareholders About Offer
The Bank of Butterfield has “been notified of an unsolicited offer made by New York Stock and Bond LLC to purchase up to 50,000 of Butterfield’s ordinary shares, or approximately 0.1% of shares outstanding, at a price of £15 per share.” The full filing with the BSX stated: “The Bank of N.T. Butterfield & Son Limited has... Read more of this article
Monument Re Acquires Portfolio From Federale
Monument Re announced today that its Belgian subsidiary Monument Assurance Belgium has completed the acquisition of a run-off block of retail life policies, annuities and associated assets from Federale Verzekering [Federale]. Koen Depaemelaere, CEO of Monument Assurance Belgium stated that “We are pleased to have completed this transaction with Federale... Read more of this article
Harbour Nights Cancelled Due To Weather
The Bermuda Chamber of Commerce announced that tonight’s [Aug 2] Cup Match edition of Harbour Nights is cancelled due to inclement weather conditions. A spokesperson said, “The safety and well-being of our attendees, vendors, and staff are our top priorities, and unfortunately, the current weather forecast makes it necessary to cancel the event. “While... Read more of this article
UberVida To Host Barbie-Inspired Event
ÜberVida will host a Barbie-inspired party to celebrate this summer’s biggest box office movie. Partygoers are asked to “dress in your best Barbie or Ken look” at the event on Saturday, August 5 from 8.00pm to 11.00pm. “Our one-night-only mini cruise will feature the ideal summer soundtrack, summer cocktails, and the perfect environment to... Read more of this article
Mosaic Secures Strategic Investment Capital
Mosaic Insurance has secured strategic investment from two US growth-capital providers to drive the specialty insurer’s talent acquisition and product development. A spokesperson said, “Alternative asset manager Atalaya Capital Management and financial services-focused private-equity firm Culpeper Capital Partners LLC will take a minority stake... Read more of this article
PartnerRe Reports First Half 2023 Results
PartnerRe Ltd. reported net income attributable to common shareholder of $783 million, an improvement of $1,786 million, for an annualized return on equity of 23.9%. PartnerRe President and Chief Executive Officer Jacques Bonneau commented, “Favorable market conditions persist half way through 2023, and we remain focused on our disciplined approach... Read more of this article
Bermuda Stock Exchange Report: Aug 1 2023
August 1 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,340.31, even on the day. There were 0 advances, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article
Photos: HSBC Motorcade From St George’s
[Updated with video] HSBC Bermuda held a second Cup Match motorcade today [Aug 1], greeting onlookers and spreading holiday spirit on a route starting from St. George’s and ending in Hamilton. This was the second motorcade held, with yesterday’s event traveling from Somerset to Hamilton. You can view all our coverage of Cup Match here and... Read more of this article
