Category: Business
BILTIR Appoint Christine Patton, Curtis Dickinson
The Bermuda International Long Term Insurers and Reinsurers [BILTIR] has appointed Christine Patton as Executive Director and Curtis Dickinson as Executive Advisor. A spokesperson said, “Ms. Patton will join BILTIR on November 21st, 2022. Her executive and non-executive career in the international business sectors of Bermuda and Australia has... Read more of this article
Bread, Potatoes & Fruit Juices Prices Up
The cost of bread went up 20.7%, potatoes went up 23.2% and fruit juices went up 18.4% on a year to year basis, while on a month to month basis, the average cost of bread increased by 10.5%, and pineapples went up 7.4%. This is according to the recently released July Consumer Price Index which said that on an overall month to month basis the food sector... Read more of this article
Win Plane Tickets, Cruise, Vouchers & More
Sol’s JOURNIE Rewards will be launched on November 7, 2022 offering customers a chance to win prizes every month ranging from “plane tickets for two, $2,000 for electricity bills, a cruise for two and more.” A spokesperson said, “Sol is introducing an exciting new program designed to reward customers of its network of Esso-Branded... Read more of this article
ABIR Heads To Chile For Insurance Meetings
The Association of Bermuda Insurers and Reinsurers [ABIR] will represent the Bermuda market at upcoming global re/insurance meetings in Chile. John M. Huff, ABIR’s Chief Executive Officer, and Suzanne Williams-Charles, Director of Policy and Regulation, will participate in two events in Santiago: the Global Federation of Insurance Associations [GFIA]... Read more of this article
Enstar Group Preference Share Dividends
Enstar Group announced that it will pay cash dividends on its Series D and Series E preference shares. A spokesperson said, “Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share [each of which represents a 1/1,000th interest in a Series D Preference Share] will... Read more of this article
LOM: No Share Repurchases For October
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited announced no share repurchases for October 2022. LOM Financial is a publicly-held, international financial services company, providing a complete range of investment services and products, with offices in Bermuda, Bahamas, Cayman, and the UK. Related Stories Carnival Aims To... Read more of this article
Dignity Foundation To Help Provide Services
Dignity Foundation Charity has been created to “support clients who are underinsured and uninsured to access services provided by Dignity House, a mental health rehabilitation facility in Bermuda.” A spokesperson said, “Why Dignity House? Dignity says that it is “a belief in oneself, that one is worthy of the best. It means that... Read more of this article
Pharmaceutical Association Makes Donation
In celebration of National Pharmacy Week, the local Bermuda Pharmaceutical Association recently held a charity raffle, with the proceeds going towards Open Airways, and specifically their Medication Assistance Program. An Open Airways spokesperson said, “This program was established by Open Airways in close partnership with pharmacists island-wide,... Read more of this article
Shipping Schedule: Week Starting November 5
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday November 5th. On Saturday the Theo T cruise oil tanker is expected, on Sunday the Norwegian Pearl cruise ship will arrive, and on Monday the Oleander container ship and the Carnival Pride cruise ship are scheduled to arrive. On... Read more of this article
Bermuda Stock Exchange Report: Nov 4 2022
November 4 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,436.96, 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 12 2026 Bermuda... Read more of this article
40 Female Entrepreneurs Nominated For Award
Voting is now open for the W.O.M.B Bermuda Female Entrepreneur award, with everyone able to cast their vote online. A spokesperson said, “Vote now for the Female Entrepreneur for 2021/2022. For the last month, nominations have been pouring in, with almost 80 individual nominations, resulting in 40 nominees! Congratulations!!” “This... Read more of this article
Retail Sales Decreased 1.1% In July 2022
After adjusting for the retail sales rate of inflation – measured at 5.1% in July – the overall volume of retail sales decreased 1.1% when compared to July 2021, according to the recently released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the July 2022 Retail Sales Index. “July’s... Read more of this article
