Category: Business
DARAG Group Completes Two Transactions
DARAG Group announced the “conclusion of two transactions with undisclosed North American captive insurance companies.” A spokesperson said, “The first transaction was completed in May, with the second concluded in June 2023. The transactions have been written into DARAG Bermuda and offer full legal finality for the US worker’s compensation... Read more of this article
RenaissanceRe Appoint Group Chief Risk Officer
RenaissanceRe announced that Robin Lang will assume the role of Group Chief Risk Officer on a permanent basis on September 1, 2023. Mr. Lang has been RenaissanceRe’s Interim Chief Risk Officer since April 2023 and will succeed Ian Branagan in the role. Mr. Branagan is currently on compassionate leave, and going forward will serve as a... Read more of this article
Bermuda Stock Exchange Report: July 19 2023
July 19 saw 7,000 shares trade on the Bermuda Stock Exchange, valued at $66,000.00 BD. 1,000 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.4% at $30.00 per share, while another 6,000 shares were traded by Argus Group Holdings Ltd, closing even at $6.00 per share. The BSX finished at 2,233.05, up 0.97% on the day. There was 1... Read more of this article
HSBC To Sponsor The 2023 Cup Match Event
HSBC Bermuda will be the lead sponsor of the 2023 Cup Match event, it was announced today. A spokesperson said, “St. George’s Cricket Club’s President, Neil Paynter, today announced the return of HSBC Bermuda [HSBC] as lead sponsor of the 2023 Cup Match event.” Mr. Paynter shared: “As the host of this year’s Cup Match event, we are particularly... Read more of this article
Berkeley Institute Appoints Stephanie Lee
The Berkeley Institute has appointed Stephanie Lee as the school’s first Development & Communications Officer. A spokesperson said, “With 125 years of history, The Berkeley Institute has been a pillar of education in the community, producing generations of well-rounded citizens making purposeful and meaningful contributions to Bermuda and... Read more of this article
Harbour Nights Cancelled Due To Weather
The Bermuda Chamber of Commerce announced that tonight’s [July 19] Harbour Nights event is cancelled due to inclement weather conditions. A spokesperson said, “We would like to announce the cancellation of tonight’s scheduled Harbour Nights event due to inclement weather conditions. The safety and well-being of our attendees, vendors, and... Read more of this article
E-Tax Filing Deadline Extended To Tomorrow
The Office of the Tax Commissioner advises that “e-tax filing for the period of April, May, and June has been extended until July 20, 2023.” A Government spokesperson said, “Mandatory e-filers are reminded that they are required to file online. To set up filing online, please visit www.etax.gov.bm and select ‘register.’ “As... Read more of this article
Bermuda Encouraged To Pursue ‘Blue Bond’
Suzanne Johnson, Senior Advisor, United Nations Global Compact [UNGC] Ocean Stewardship Coalition, gave several compelling reasons why Bermuda should issue a blue bond. A spokesperson said, “Although the second annual Bermuda Climate Summit, presented by the Bermuda Business Development Agency, in partnership with KBRA, ended last month, it continues... Read more of this article
Bermuda Stock Exchange Report: July 18 2023
July 18 saw 189,159 shares trade on the Bermuda Stock Exchange, valued at $1,578,054.40 BD. 3,000 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $29.60 per share, while the other 186,159 shares were traded by Bermuda Press [Holdings] Ltd, closing down 11.1% at $8.00 per share. The BSX finished at 2,211.59, down 0.07% on the day.... Read more of this article
Meet SSEP Youth Entrepreneurs On Friday
On Friday [July 21], the Bermuda Economic Development Corporation [BEDC] will host a meet and greet on the City Hall lawn from 11.00am to 2.00pm for Summer Student Entrepreneur Program participants. A spokesperson said, “This will be an opportunity for the participants to introduce their businesses to the community and gain valuable experience... Read more of this article
Appleby Bermuda Welcomes 13 Summer Interns
Appleby is welcoming 13 Bermudian students – Jasmin Brown, Mya Gibbons, Guielle Bean, Harley Rouwhorst, Max Blakeney, Megan Lau, Imani Bell, Miaya Pereira, Jeremias Pietila, Ice’ces Jackson, Skye Oliveira, Jada Rogers-Ingemann, and Danni Watson – to its 2023 summer internship programme. A spokesperson said, “The internships, which... Read more of this article
Govt: Learn More About Tourism Investment Act
The Government is encouraging “existing restaurants, visitor excursions and attractions, and cultural sites and artistic activities that cater to the tourism experience” to learn more about the amended Tourism Investment Act [TIA] 2017. A Government spokesperson said, “The public is reminded that the Minister of Tourism and the Cabinet... Read more of this article
