Category: Business
Appleby Announces Partner, Counsel Promotions
Law firm Appleby announce 12 senior promotions across its Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Isle of Man, Jersey and Mauritius offices. A spokesperson said, “The promotions, effective from 1 April 2023, include members from across the Group’s Corporate, Dispute Resolution and Private Client & Trusts teams.” Partner... Read more of this article
Bittrex Closed US Operations On April 30
Bittrex has announced it closed down its US operations effective April 30, noting that “this announcement does not impact Bittrex Global, which will continue operations as normal for its customers outside the U.S.” Bittrex co-founder and CEO Richie Lai said, “As a direct result of continued regulatory uncertainty and a lack of interest... Read more of this article
AXIS Appoints Watt As Chief Claims Officer
AXIS Capital Holdings Limited [AXIS] announced that Megan Watt has joined the Company as Chief Claims Officer, effective April 17, 2023. A spokesperson said, “Ms. Watt will be based in New York, and will report directly to Vince Tizzio, CEO Specialty Insurance and Reinsurance, and future Group CEO [effective May 4, 2023]. “In this role,... Read more of this article
Hamilton12 Appoints Apex For Fund Launch
Apex Group Ltd., a global financial services provider, today announced its appointment by Hamilton12 to support the launch of their Australian Shares Income Fund. A spokesperson said, “Hamilton12 focuses on creating systematic, rules-based investment strategies designed to help investors achieve positive risk-adjusted returns at a lower cost.... Read more of this article
This Sunday’s Court Street Market Canceled
The Court Street Market that was scheuduled be held on Sunday, April 2nd has been canceled due to the “forecasted weather conditions.” Related Stories Photos & Video: Court Street Market Court Street Market To Be Held On Sunday Uptown Merchants: Court Street Market Return Court Street Market To Be Held On July 25 Court Street Market... Read more of this article
Shipping Schedule: Week Starting April 1
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday Shipping Schedule: Week Starting April 1st. On Sunday the Norwegian Gem and the Norwegian Pearl cruise ships and the Intrepid bulk carrier are expected, on Monday the Oleander container ship will arrive, and on Tuesday the... Read more of this article
Bermuda Stock Exchange Report: Mar 31 2023
March 31 saw 9,323 shares trade on the Bermuda Stock Exchange, valued at $192,660.00 BD. 800 shares were traded by Bank of N.T. Butterfield Ltd, closing down 20.7% at $27.75 per share, while another 38,523 shares were traded by BF&M Ltd, closing at an even $20.00 per share. The BSX finished at 2,079.17, down 15.75% on the day. There were 0 advances,... Read more of this article
Petition Calls To Revoke Vacation Rental Fee
An online petition has been launched calling for the revocation of the 2023 vacation rental licensing fee legislation. The petition says, “There is a prevailing notion that Bermuda vacation rental hosting is a lucrative business. The fact is, for the majority it is not. It is comprised primarily of older property owners who are attempting to defray... Read more of this article
Column: PrivCom On World Backup Day
[Written by Office of the Privacy Commissioner for Bermuda] World Backup Day Did you know that 31 March is World Backup Day? World Backup Day is a semi-official ‘holiday’ and a campaign that started in 2011. Celebrated annually by the global tech and privacy industries and tech enthusiasts, it encourages us all to take the time to safeguard our... Read more of this article
Athene Donates Laptops To Dellwood School
Athene Life Re Limited, the reinsurance subsidiary of Athene Holding Ltd., has donated laptops to the Bermuda Public School System, with the laptops to be used in Business Studies Encore Courses at Dellwood Middle School. Minister of Education Diallo Rabain said, “We are grateful to Athene Life Re and Youth Entrepreneurship Initiative for partnering... Read more of this article
BTA: Annual Dive Month Returns For April
Bermuda Tourism Authority [BTA] announced the return of Dive Month. A spokesperson said, “Driven by the success of the inaugural year in 2022, BTA has again partnered with the island’s skilled and qualified dive industry to bring awareness to Bermuda’s waters. As becoming a greener destination is a key focus identified in the National Tourism... Read more of this article
BF&M Appoints Anthony Joaquin
In a filing with the Bermuda Stock Exchange, BF&M Limited advised of the appointment of a new Chairperson. The filing stated: “Please be advised that following Mr. R. John Wight’s resignation as Group Chairperson of the Company on 7 December 2022, a permanent Group Chairperson has been appointed. “Effective 24 March 2023, the Board of Directors... Read more of this article
