Category: Business
BMS Appoints Brendan O’Brien As Vice President
BMS Re, the specialty reinsurance arm of the global broking group BMS, today announced the appointment of Brendan O’Brien as Vice President. A spokesperson said, “Based in Bermuda, O’Brien will report to Chris McDowell, CEO of BMS Re Bermuda. “O’Brien will support BMS Re’s alternative risk transfer initiatives as well as contribute... Read more of this article
BF&M Reports Net Income Of $10.5 Million
BF&M Limited today reported a net income of $10.5 million for the three months ended 31 March 2023, marking a significant improvement compared to a restated net loss for the comparative period in 2022 of $3.0 million. This marks the first quarter the Company is reporting under IFRS 17 and IFRS 9, the respective new accounting standards for insurance... Read more of this article
BEDC To Hold Seminar On EEZ Initiative
The Bermuda Economic Development Corporation [BEDC] announced an upcoming info-session and open house style event titled “Fuelling Entrepreneurial Success: A Deep Dive into the BEDC Economic Empowerment Zone [EEZ] Initiative.” A spokesperson said, “The event, taking place this Thursday, June 22nd, 2023, from 6:00pm to 8:00pm at the... Read more of this article
BILTIR Represent Bermuda In France & US
Executives from Bermuda International Long Term Insurers and Reinsurers [BILTIR] have been representing Bermuda’s life insurance and reinsurance sectors at international conferences attended by leading industry experts and regulators in Paris and Seattle, Washington. A spokesperson said, “Executive Director Christine Patton, Executive Adviser... Read more of this article
Ignite Launches Co-Lab & Digital Studio
Ignite Bermuda hosted a party to commemorate its fourth birthday and officially launch the Co-lab and Digital Studio, which offers co-working spaces, cubicles, offices, an event space, a boardroom and a fully equipped digital studio for the entrepreneurs to create podcasts and other visual content. A spokesperson said, “Ignite Bermuda hosted a... Read more of this article
Over $200,000 Raised For Residential Facility
Habitat for Humanity held a fundraiser at Agar’s Island in support of the St. James Rectory Project in Somerset, which raised over $200,000 for the project. The plan involves a partnership between the Mid-Atlantic Wellness Institute, Habitat for Humanity and the Anglican Church, and aims to see the old St. James’ Church rectory in Sandys renovated... Read more of this article
BEDC Hosts Seminar On Hamilton EEZ Zone
Over 40 people attended a seminar hosted by the Bermuda Economic Development Corporation [BEDC] on Tuesday [June 13] that “provided an overview of the exciting prospects for the Northeast Hamilton Economic Empowerment Zone [EEZ].” A spokesperson said, “The event outlined the plans for this zone, highlighting the strategic initiatives and... Read more of this article
Shipping Schedule: Week Starting June 17
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, June 17th. On Saturday the Carnival Venezia and the Liberty of the Seas cruise ships and the RCC Asia vehicles carrier 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: June 16 2023
June 16 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,175.59, even on the day. There were 0 advances, 0 declines, and 64 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: Jan 9 2026 Bermuda Stock... Read more of this article
Economic Development Strategy Released
Minister of Economy and Labour Jason Hayward announced that the Ministry of Economy and Labour is releasing a national Economic Development Strategy for Bermuda. Minister Hayward said, “The Economic Development Strategy sets out a roadmap which provides a clear path to guide Bermuda to sustainable economic growth and development. “The Strategy... Read more of this article
Bermuda Stock Exchange Report: June 15 2023
June 15 saw 200 shares trade on the Bermuda Stock Exchange, valued at $5,700.00 BD. 200 shares were traded by Watlington Waterworks Ltd, closing down 5.0% at $28.50 per share. The BSX finished at 2,175.59, down 0.08% on the day. There were 0 advances, 1 decline, and 63 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Video: Minister & Alex White Update On PIPA
Minister of Tourism and the Cabinet Office Vance Campbell and the Privacy Commissioner Alex White held a press conference to provide a public update on the Personal Information Protection Amendment [PIPA]. Privacy Commissioner Alex White said, “We now have an 18-month window for organisations to prepare for PIPA. This course of action has my... Read more of this article
