Category: Business
ABIR Sponsors Training On Personal Data Rules
The Association of Bermuda Insurers and Reinsurers [ABIR] is sponsoring a training event organized by the Office of the Privacy Commissioner [PrivCom] in conjunction with the Information Assurance for Small and Medium Enterprises [IASME] Consortium to help businesses on the island prepare to comply with new rules on the use of personal data. A spokesperson... Read more of this article
BILTIR Awards Scholarship To Zyhun Robinson
Bermuda International Long Term Insurers and Reinsurers [BILTIR] has awarded a $30,000 scholarship to Zyhun Robinson. A spokesperson said, “Bermuda International Long Term Insurers and Reinsurers [BILTIR] is pleased to support Bermudian student Zyhun Robinson in his pursuit of a career in the Bermuda life re/insurance industry. “BILTIR,... Read more of this article
LOM Share Repurchases For June 2023
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited, has announced that the Company “purchased a total of 25,000 shares at an average price of $5.10 for cancellation during June 2023, pursuant to Regulation 6.38 of the BSX Listing Regulations. The filing said, “LOM is authorised to purchase shares from time to time in... Read more of this article
Bermuda Stock Exchange Report: July 4 2023
July 4 saw 521 shares trade on the Bermuda Stock Exchange, valued at $14,264.35 BD. 521 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.9% at $27.50 per share. The BSX finished at 2,100.52, up 1.29% on the day. There was 1 advance, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Laser Light Completes Registration In Bermuda
On June 9, 2023, Laser Light Holdings, Ltd. formally completed its corporate registration in Bermuda. A spokesperson said, “Additionally, the company’s board of directors was formed, met, and passed resolutions recognizing the founding members, appointing the corporate officers, and authorizing the company to conduct business. “As... Read more of this article
Fidelis: Closing Of Initial Public Offering
Fidelis Insurance Holdings announced the closing of its initial public offering. A spokesperson said, “Fidelis Insurance Holdings Limited, a global [re]insurance company, headquartered in Bermuda with offices in Ireland and the United Kingdom [Company], announced the closing of its initial public offering of an aggregate of 15,000,000 common shares,... Read more of this article
Aegon To Move ‘Legal Seat’ To Bermuda
Aegon announced that it “intends to move its legal seat to Bermuda” noting that “Bermuda has an established, well regarded regulatory regime that will facilitate the implementation of our strategy.” A spokesperson said, “Aegon announces that it intends to move its legal seat to Bermuda. Subsequently, Aegon’s group supervision... Read more of this article
Carey Olsen Announces 13 Senior Promotions
Carey Olsen announced the promotion of 13 lawyers across the group including Bermuda’s Honor Desmond-Tetlow. A spokesperson said, “Carey Olsen is pleased to announce the promotion of 13 lawyers across the firm’s Bermuda, Guernsey, Hong Kong, Jersey, London and Singapore offices, with effect from 1 July 2023. “Those promoted to... Read more of this article
Bermuda Stock Exchange Report: July 3 2023
July 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,073.69, even on the day. There were 0 advances, 0 declines, and 64 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
KMPG To Host K-Nect Student Networking Event
KPMG in Bermuda announced its bi-annual student networking event, K-Nect, aimed at providing middle, senior, and college/university students, the opportunity to build professional relationships and connections to the dynamic world of financial services. A spokesperson said, “This year’s K-Nect will take place on Wednesday, July 12, 2023, 5:30pm... Read more of this article
Marshall Diel & Myers Features In Global Journal
Bermudian law firm Marshall Diel & Myers Limited was recently featured in a respected global publication providing expert commentary on a complex Supreme Court case. Senior Associate, Tina Herrero, wrote an article on navigating segregated accounts companies in Bermuda in the prestigious journal, INSOL World Q2 2023. Marshall Diel & Myers Limited... Read more of this article
SiriusPoint & Compre Complete Portfolio Transfer
SiriusPoint Ltd. and Compre, the Bermuda headquartered international legacy group, today announced the “completion of a significant ground-up Loss Portfolio Transfer [LPT] of a diversified portfolio of primarily reinsurance business, the second that the companies have partnered on.” A spokesperson said, “Compre has assumed approximately... Read more of this article
