Category: Business
Butterfield Bank Common Share Dividend
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited announced their common share dividend. The full filing stated: “Pursuant to Regulations 6.15[1] and 6.20 of the BSX Listing Regulations Section IIA, we hereby notify the BSX that, effective 13 February 2023, the Board of Directors of the Bank approved the declaration... Read more of this article
Bermuda Stock Exchange Report: Feb 13 2023
February 13 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,339.21, even on the day. There were 0 advances, 0 declines, and 68 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... Read more of this article
Butterfield Reports Q4 & Full Year 2022 Results
The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter and year ended December 31, 2022. A spokesperson said, “Net income for the year ended December 31, 2022 was $214.0 million, or $4.29 per diluted common share, compared to $162.7 million, or $3.26 per diluted common share, for the year ended December 31,... Read more of this article
BDA Renews Latin American Outreach
The Bermuda Business Development Agency [BDA] said they have “successfully organised Bermuda’s first business development mission to Latin America since 2019.” A spokesperson said, “The Hon. Jason Hayward, JP, MP, Minister of Economy & Labour, represented Bermuda’s Government at the ‘Private Client Forum Americas 2023’ in Playa... Read more of this article
BEDC Offers Course On Using Quickbooks
The BEDC will be hosting an eight-week course on ’Financial Statements, Planning & Costing using Quickbooks.’ A spokesperson said, “Be sure to sign up for Financial Statements, Planning & Costing using Quickbooks, an eight-week course aimed at helping individuals understand the basics of reviewing and understanding financial... Read more of this article
Renee Lathan Earns PSEA Excellence Award
Renee Lathan from the Ministry of Finance has earned the Public Service Excellence Award [PSEA] for January. A Government spokesperson said, “Last week, Premier David Burt and the Head of the Public Service, Dr. Derrick Binns recognised the Ministry of Finance’s Renee Lathan as the recipient of the January [2023] Government of Bermuda’s... Read more of this article
R.I.S.E Pop-Up Gift Shop At Shelly Bay
A Bermudian online gift shop looking to inspire motivation in others and promote positivity has a pop-up shop outside Pizza House, Shelly Bay, today and tomorrow [Monday and Tuesday]. The R.I.S.E [Resiliently Inspired. Strengthened and Encouraged] Motivational Gift Shop, which launched online in October last year, sells items decorated with inspiring... Read more of this article
Miller Announces Appointment Of Gary Stockley
Miller announced the appointment of Gary Stockley as an Account Executive in its Bermuda office. A spokesperson said, “Miller, the leading specialist [re]insurance broker, today announces the appointment of Gary Stockley as an Account Executive in its Bermuda office. Gary will report into Charlie Simpson, Head of Miller Bermuda. “Gary has... Read more of this article
Essent Reports 4th Quarter & 2022 Results
Essent Group Ltd. reported net income for the quarter ended December 31, 2022 of $147.4 million or $1.37 per diluted share, compared to $181.0 million or $1.64 per diluted share for the quarter ended December 31, 2021. For the full year 2022, net income was $831.4 million or $7.72 per diluted share, compared to $681.8 million or $6.11 per diluted share... Read more of this article
Govt: Planning Approval Given For Restaurant
Minister of Home Affairs Walter Roban today “confirmed that Mr. Marico Thomas has been formally advised of the Planning Approval for his restaurant,” adding that they hope that the “development can now move forward for the benefit of the community.” This follows after Mr Thomas expressed frustration, saying that the Pub On The... Read more of this article
Timeline For 2023/2024 Bermuda Budget
The 2023/2024 Bermuda Budget will be delivered this Friday [Feb 17] and following that the Opposition will deliver their formal reply on Friday, February 24th and then the budget will be debated in both the House and Senate, with the start of the new fiscal year set to start on April 1, 2023. This is according to the Government, who posted the graphic... Read more of this article
Argo Group Ratings Placed Under Review
AM Best has placed Bermuda-based Argo Group International Holdings ratings “under review with developing implications” following the news that Brookfield Reinsurance Ltd. will acquire Argo Group for approximately $1.1 billion. A spokesperson said, “AM Best has placed under review with developing implications the Long-Term Issuer Credit... Read more of this article
