Category: Business
Polaris Announces New Chief Executive Officer
The Board of Directors of Polaris Holding Company announced that Mr. Randy Rochester will replace Mr. Warren Jones as its next Chief Executive Officer. A spokesperson said, “Mr. Rochester, a senior civil servant, has worked as Permanent Secretary of several Government Ministries over the past twelve years including Tourism and Transport, Home Affairs... Read more of this article
TABS ‘Proud To See’ Shorts On Boston TV
Rebecca Singleton expressed her pride and excitement at Bermudian news anchor Glenn Jones showcasing the TABS Bermuda short brand on Boston television. Mr Jones, who joined the NBC10 Boston station in 2021, wore Bermuda shorts to work to celebrate Bermuda Day and explained to the viewers why he was wearing short, and presented TABS Bermuda shorts to... Read more of this article
Nusum & Chowdhury Make ‘Role Model List’
Katrina Nusum and Karim Chowdhury have been named in the Empower Role Model List of 100 Senior Executives, which celebrates those who are breaking down barriers for people of colour within global businesses. The lists, compiled by Involve and supported by YouTube, also celebrate 100 Future Leaders making a significant contribution to ethnically diverse... Read more of this article
AM Best Affirms Credit Ratings Of Hamilton Re
AM Best has affirmed the Financial Strength Ratings of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Hamilton Re, Ltd. [Hamilton Re] [Pembroke, Bermuda] and Hamilton Insurance Designated Activity Company [Dublin, Ireland], each a wholly owned subsidiary of Hamilton Insurance Group, Ltd. [Pembroke, Bermuda]. The ratings... Read more of this article
Rosewood Bermuda On Community Stewardship
Rosewood Bermuda share “several key developments in its mission to empower a resilient, thriving community that will be the foundation of a better future, from the communities that share the island, to the storied heritage sites and museums, to the beauty of the island’s natural ecosystems.” A spokesperson said, “The resort recruits... Read more of this article
Everest Appoints New EVP & General Counsel
Everest Re Group announced that Ricardo Anzaldua has been appointed Executive Vice President and Group General Counsel, effective June 12, 2023. Mr. Anzaldua will report to President and CEO Juan C. Andrade and will serve on the Company’s executive leadership team. “Ricardo is a highly accomplished and trusted strategic advisor whose exceptional... Read more of this article
Shipping Schedule: Week Starting May 27
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday Shipping Schedule: Week Starting May 27th. On Saturday the Celebrity Summit cruise ship is expected, on Sunday the Norwegian Pearl cruise ship will arrive, and on Monday the Oleander container ship and the Liberty of the... Read more of this article
New White Mountains Board Chairperson
White Mountains Insurance Group, Ltd. announced that Weston M. Hicks has been elected Chairman of the Board. Mr. Hicks replaces Morgan Davis, who has retired from the Board effective today. Weston Hicks said, “I am honored to assume the Chairmanship of this unique and wonderful company. The entire Board thanks Morgan for his leadership as our... Read more of this article
Carey Olsen Named Offshore Law Firm Of Year
Carey Olsen has been named Offshore Law Firm of the Year at the Chambers Europe Awards 2023, taking home the award for the second year running. A spokesperson said, “The annual awards recognise and celebrate the achievements of law firms over the past year, in particular outstanding work, impressive strategic growth and excellence in client service. “The... Read more of this article
SiriusPoint Appoints Nestor Lopez
SiriusPoint Ltd., a global specialty insurer and reinsurer, appoints Nestor Lopez to Executive Leadership Team as Chief Technology Officer. A spokesperson said, “Mr Lopez was most recently Chief Information Officer, and replaces Darryl Siry. Mr Siry will be leaving SiriusPoint at the end of June, after a handover period, to pursue other career... Read more of this article
Bermuda Stock Exchange Report: May 25 2023
May 25 saw 18,300 shares trade on the Bermuda Stock Exchange, valued at $222,500.00 BD. 5,300 shares were traded by Bank of N.T. Butterfield Ltd, closing down 3.6% at $27.00 per share, while another 12,000 shares were traded by Argus Group Holdings Ltd, closing even at $5.75 per share. 1,000 shares were traded by Polaris Holding Co. Ltd, closing down... Read more of this article
Change On Bank Of Butterfield Board
James Burr is no longer a Director of the Board of Directors of the Bank of Butterfield & Son Limited, as he did not stand for re-election. A spokesperson said, “In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that effective 24 May 2023, Mr. James Burr is no longer a Director of the Board... Read more of this article
