Category: Business
GDP Increased 2.4% In 4th Quarter Of 2022
According to the Quarterly Gross Domestic Product [GDP] report from the Department of Statistics, during the fourth quarter 2022, GDP at “constant prices was estimated at $1,478.9 million, rising 2.4% year-over-year after adjusting for inflation.” Charts extracted from the report: A Government spokesperson said, “Today, the Ministry... Read more of this article
Coldwell Banker Hosts Awards Breakfast
Coldwell Banker Bermuda Realty recently celebrated its annual awards breakfast at the Royal Bermuda Yacht Club. A spokesperson said, “The event recognized outstanding achievements by the company’s agents for the 2022 fiscal year. Susan Thompson, Agency Manager, had the honor of presenting the following prestigious awards from Coldwell Banker... Read more of this article
Photos: BF&M’s Customer Appreciation Day
BF&M marked their 120th anniversary by hosting a special Customer Appreciation Day event on May 19th outside its office. A spokesperson said, “The event aimed to demonstrate appreciation for their customers’ continued trust and loyalty throughout the years and allow the BF&M team the opportunity to connect with customers outside of... Read more of this article
BSX Will Be Closed For Bermuda Day Holiday
The Bermuda Stock Exchange [BSX] will be closed on Friday [May 26] for the Bermuda Day holiday. A spokesperson said, “The Bermuda Stock Exchange [BSX] advises that the Exchange will be closed on Friday 26th May 2023, in observance of the Bermuda Day Public Holiday. The BSX will re-open on Monday 29th May 2023.” For extensive coverage... Read more of this article
MarketPlace Bermuda Day Holiday Store Hours
The MarketPlace has provided information about their opening hours during the Bermuda Day holiday. Monday, May 22 – Thursday, May 25 – All stores open regular store hours Friday, May 26 – All stores closed Saturday, May 27 & Sunday, May 28 – All stores open regular store hours For extensive coverage of Bermuda Day spanning over a... Read more of this article
Aspen Insurance Appoints Boon Chuan
Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as Head of Singapore, effective June 1st 2023. A spokesperson said, “Boon joins Aspen after 12 years at Tokio Marine Kiln as part of their Property Treaty Reinsurance team, most recently as Asia Treaty Team Lead. “Boon brings with him more than 23 years’ experience... Read more of this article
Compre Acquires Workers Comp Portfolio
Compre Group Holdings has signed agreements to acquire a workers’ compensation legacy portfolio of SUNZ Insurance Company [SUNZ] for an undisclosed sum. A spokesperson said, “Compre Group Holdings Limited [Compre], the Bermuda headquartered international legacy group, today announces it has signed agreements to acquire a workers’ compensation... Read more of this article
Bermuda Stock Exchange Report: May 22 2023
May 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,125.12, even on the day. There were 0 advances, 0 declines, and 66 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
Middle East Affairs Policy Advisor Appointed
“We must develop a clear strategy to build awareness in the Gulf Region, which has a proven track record of development success,” said Premier David Burt today, announcing the engagement of a policy advisor under the Cabinet Office to provide strategic advice to the Government of Bermuda on Middle East affairs. “Previous administrations have pursued... Read more of this article
RenaissanceRe To Acquire Validus Reinsurance
Renaissancere Holdings announced it has “entered into a definitive agreement with American International Group, Inc., whereby RenaissanceRe will acquire AIG’s treaty reinsurance business, which includes Validus Reinsurance Ltd. and its consolidated subsidiaries, AlphaCat Managers Ltd. and its managed funds, and all renewal rights to the Assumed... Read more of this article
Butterfield Open House During Harbour Nights
Butterfield invites the public to come and view its reopened Front Street Banking Centre this Wednesday [May 24], from 7-9pm during the first Harbour Nights festival of the 2023 season to mark the building’s 100th anniversary. A spokesperson said, “The design of the fully renovated space was inspired by records and photography of the original... Read more of this article
Photos & Video: Court Street Market Event
The merchants of Court Street held their Court Street Market Bermuda Day Edition on Sunday afternoon [May 21] showcasing a wide variety of items for sale, offering visitors a chance to indulge in a shopping experience accompanied by entertainment, music and more. Related Stories Photos... Read more of this article
