Category: Business
Business Barometer Survey Results Presentation
The Bermuda Chamber of Commerce will be releasing the results of the Business Barometer Survey it commissioned on Tuesday, January 10, with the presentation set to be held at the HSBC Harbourview Centre in Hamilton. A spokesperson said, “Don’t miss the opportunity to hear first-hand the results of the Business Barometer survey commissioned... Read more of this article
Rugged Offers Long Term Minicar Rentals
Rugged Rentals will be offering monthly minicar rentals, saying the “new program will allow individual rentals for one, two or three months for $95, $85 or $75 per day inclusive of a collision damage waiver.” A spokesperson said, “Long Term minicar rentals will be available in Bermuda next month as part of a pilot program for corporate... Read more of this article
LOM Share Repurchases For December 2022
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited announced that the company purchased a total of 17,900 shares at an average price of $5.15 for cancellation during December 2022, pursuant to Regulation 6.38 of the BSX Listing Regulations. Related Stories Navium Launches Constellation Consortium Global Entrepreneurship Week... Read more of this article
Bermuda Stock Exchange Report: Jan 4 2023
January 4 saw 1,002 shares trade on the Bermuda Stock Exchange, valued at $21,042.00 BD. 1,002 shares were traded by BF&M Ltd, closing at an even $21.00 per share. The BSX finished at 2,317.69, 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... Read more of this article
Fidelis Announces Managing General Underwriter
Fidelis Insurance Holdings Limited [FIHL] announced the completion of the transaction creating a new Managing General Underwriter [Fidelis MGU], separate from FIHL and the existing insurance companies. A spokesperson said, “Originally announced in July 2022, the transaction became effective on January 3, 2023. Both FIHL and Fidelis MGU have received... Read more of this article
Chubb Announces Global Climate Business Unit
Chubb announced the launch of a new global climate business unit, drawing on the company’s extensive technical capabilities in underwriting and risk engineering and bringing together Chubb units engaged in traditional, alternative and renewable energy, climate tech, agribusiness and risk engineering services. A spokesperson said, “The new... Read more of this article
Everen: Hutchings To Retire, Foskey Appointed
Everen Limited announced that George F. Hutchings, Senior Vice President and Chief Operating Officer, will retire at the end of 2023. Robert J. Foskey, Senior Vice President and Chief Actuary, will succeed Mr. Hutchings as Chief Operating Officer, effective April 1, 2023. Mr. Hutchings will remain at Everen for the balance of 2023 as Special Advisor. John... Read more of this article
BTA: Bermuda’s Pink Sale Offers Up To 50% Off
The BTA are promoting the “Pink Sale’ saying that “Bermuda hotels are currently offering up to 50% off on bookings at several participating resorts.” A spokesperson said, “Starting today travellers are invited to turn their winter pink in Bermuda in 2023. The Pink Sale makes a trip to Bermuda even more alluring. Prospective... Read more of this article
Bermuda Stock Exchange Report: Jan 3 2023
January 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,317.69, 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 Report:... Read more of this article
PATI Decisions: Savvy, Gaming & Customs Duty
The Acting Information Commissioner issued three decisions regarding the Cabinet Office, Ministry of Finance Headquarters, and Bermuda Gaming Commission. Decision 28/2022, The Cabinet Office [PDF] Decision 29/2022, Ministry of Finance Headquarters [PDF] Decision 30/2022, Bermuda Gaming Commission [PDF] A spokesperson said, “On 16 December 2022,... Read more of this article
Watlington Announce Management Changes
In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. announced senior management changes. The full filing stated: “Lt. Col. Allan Rance retired as President and C.E.O. of Watlington Waterworks Limited at the end of 2022. A new senior management team to continue building a stronger company has been appointed effective January... Read more of this article
Plans For ‘Branded Condo Hotel’ Submitted
A planning application for a condo hotel located at ’66 South Road, Warwick’ has been submitted. The planning application said, “Branded Condo Hotel and Retail Development including: 56 unit residential hotel with hotel guest facilities including restaurant, health club, pickleball/tennis courts, function rooms, main and plunge pool,... Read more of this article
