Category: Business
AXIS Capital Launch New Environmental Offering
AXIS Capital Holdings Limited announced its Environmental business unit has launched a Specialty Package Policy for manufacturers [SPPm]. A spokesperson said, “The SPPm policy covers a range of general and environmental liability exposures facing manufacturers, all in one integrated insurance package. “Exposures covered by SPPm include those... Read more of this article
AM Best Affirms Credit Ratings Of Chubb Limited
AM Best has affirmed the Financial Strength Rating of A++ [Superior] and the Long-Term Issuer Credit Ratings of “aa+” [Superior] of the subsidiaries of Chubb Limited, which includes the members of the Chubb US Group of Insurance Companies, as well as Chubb Bermuda Insurance Ltd. and Chubb Tempest Reinsurance Ltd. and their members. A spokesperson... Read more of this article
Shipping Schedule: Week Starting December 3
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday Shipping Schedule: Week Starting December 3rd. On Monday the Oleander container ship is expected, on Tuesday the Somers Isles container ship will arrive, on Wednesday the LPG Penelope M LPG tanker is scheduled to arrive and... Read more of this article
New Bacardi Gift Packs Are 100% Plastic-Free
Bermuda headquartered Bacardi said they have “extra reason to celebrate this holiday season as it reaches a milestone in its mission to remove 100% of the single-use plastic from its gifting range by the end of 2023.” A spokesperson said, “From this month, ready for the busy festive period, all new gift packs in the Bacardi portfolio... Read more of this article
Bermuda Stock Exchange Report: Dec 2 2022
December 2 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,421.12, even on the day. There were 0 advances, 0 declines, and 68 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 9 2026 Bermuda Stock... Read more of this article
‘Managing Site To Secure Return For Taxpayers’
“We want to put the land on which the failed project sits into productive use and generate cash returns that will eventually return funds to taxpayers,” Premier David Burt said said, adding that “today’s tabling of the Morgan’s Point Company Act 2022 is the first step in that journey.” Speaking in the House of Assembly today... Read more of this article
Wakefield Quin Donates To HOME Bermuda
To celebrate Thanksgiving and the upcoming holiday season, Wakefield Quin [WQ] staff said they “were delighted to engage with HOME Bermuda and learn more about their commitment to solving homelessness in Bermuda.” Managing Director Nicholas Hoskins noted, “Following a monetary donation by WQ directors, our firm departments competed with... Read more of this article
New Workforce Development Advisory Board
The Ministry of Economy and Labour intends to “establish a new Workforce Development Advisory Board that will carry out the critical leadership function of the Workforce Development Plan,” Minister of Economy and Labour Jason Hayward said. Speaking in the House of Assembly today [Dec 2] the Minister said, “The new Workforce Development... Read more of this article
St Regis Nominated For Gay Travel Awards
The 2022 Gay Travel Awards has released its list of official nominees, with St. Regis Bermuda among them, having been nominated in the “Hotel Honeymoon” category, alongside resorts in the Maldives, Thailand, and Mexico A statement from the organisation said “The mission of the Gay Travel Awards is to support and promote LGBTQ+ travel... Read more of this article
Mosaic Builds Out Global Tax Liability Team
Tax specialists Will Gay and Ze’ev Deutsch have joined Mosaic Insurance’s transactional liability team, boosting the global specialty firm’s tax-risk capability. A spokesperson said, “Based in London, Gay will be Head of International Tax, Transactional Liability for Mosaic, leading development of tax insurance underwriting on risks arising... Read more of this article
LOM Share Repurchases For November 2022
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited has announced that the Company purchased a total of 25,000 shares at an average price of $5.15 for cancellation during November 2022, pursuant to Regulation 6.38 of the BSX Listing Regulations. Related Stories Carnival Aims To Move Incorporation To Bermuda Clocktower Mall To... Read more of this article
Bermuda Stock Exchange Report: Dec 1 2022
December 1 saw 5,000 shares trade on the Bermuda Stock Exchange, valued at $28,750.00 BD. 5,000 shares were traded by Argus Group Holdings Ltd, closing up 5.5% at $5.75 per share. The BSX finished at 2,421.12, up 0.30% on the day. There was 1 advance, 0 declines, and 67 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
