Category: Business
BF&M: No Share Repurchases In June 2024
BF&M Limited announced that there were no share repurchases in June 2024. In a filing with the BSX, the company said, “The company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no share repurchases for the month ending June 2024.” Related Stories BF&M Prepare 300 Packages, Donate... Read more of this article
Bermuda Stock Exchange Report: July 11 2024
July 11 saw 2,700 shares trade on the Bermuda Stock Exchange, valued at $8,700.00 BD. 100 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.9% at $35.00 per share, while the other 2,600 shares were traded by Bermuda Aviation Services Ltd, closing up 60.0% at $2.00 per share. The BSX finished at 2,497.41, up 2.37% on the day. There... Read more of this article
Aspen Insurance Launches Aspen Data Labs
Aspen Insurance Holdings Limited has launched Aspen Data Labs, a new platform to “deliver Aspen’s digital strategy and drive forward the business’ data and artificial intelligence agenda.” A spokesperson said, “Aspen Data Labs will bring together employees and partners to collaborate on data science and AI projects that improve... Read more of this article
Bermuda Stock Exchange Report: July 10 2024
July 10 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,439.62, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 19 2024 Bermuda Stock Exchange Report: July 18 2024 Bermuda Stock Exchange Report:... Read more of this article
Chubb Limited Appoints David Lupica
Chubb Limited announced that David Lupica, Chief Operating and Distribution Management Officer, Westchester, has been named Vice President, Chubb Group and Division President of Westchester. A spokesperson said, “Lupica will have executive operating responsibility for Chubb’s wholesale excess and surplus [E&S] lines business in North... Read more of this article
BermudAir Unveils Expanded Fare Structure
BermudAir has introduced an expanded fare structure, effective today, with the airline now offering “five fare types across economy and business class, up from the previous three, providing travellers and travel advisors with more options.” “We’re excited to enhance our fare structure with more choice and flexibility,” said Leslie... Read more of this article
Xienne Burch & Imani Bean Earn Scholarships
PwC Bermuda awarded Xienne Burch the $20,000 Peter Mitchell Scholarship and Imani Bean earned the $15,000 ABIC Award, sponsored by PwC Bermuda. A spokesperson said, “PwC Bermuda announces the winners of its annual scholarship awards. Xienne Burch is the recipient of PwC’s Peter Mitchell Scholarship, worth over $20,000 annually. She is a sophomore... Read more of this article
Butterfield Quarterly Dividend Of $0.15 Per Share
Butterfield Bermuda Fund Limited announces that a quarterly dividend has been declared in the amount of $0.15 per share for its Class A shares. A spokesperson said, “Butterfield Bermuda Fund Limited announces that a quarterly dividend has been declared in the amount of $0.15 per share for its Class A shares, payable on 12 July, 2024 to the Shareholders... Read more of this article
KPMG Co-Title Sponsors 2024 CARIF
KPMG announced its co-title sponsorship of CARIF 2024, set for September 24-25, focusing on Caribbean infrastructure investment and sustainability. A spokesperson said, “This year, CARIF will take place on September 24 and 25 with regional governments, utility leaders, developers, project sponsors, and financiers attending the only pan-Caribbean... Read more of this article
Bermuda Stock Exchange Report: July 9 2024
July 9 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,439.62, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: July 19 2024 Bermuda Stock Exchange Report: July 18 2024 Bermuda Stock Exchange Report:... Read more of this article
Michael Butt Scholarship Recipients Highlighted
The Bermuda College Foundation highlighted the three Bermuda College students, whose recently completed first year was funded by first-year scholarships, donated in memory of Michael Butt by the Association of Bermuda Insurers and Reinsurers [ABIR]. A spokesperson said, “Considered an industry legend, Michael Butt [1942 – 2023] was globally known... Read more of this article
Bermuda Stock Exchange Report: July 8 2024
July 8 saw 11,900 shares trade on the Bermuda Stock Exchange, valued at $273,500.00 BD. 11,900 shares were traded by BF&M Ltd, closing up 4.3% at $24.00 per share. The BSX finished at 2,439.62, up 0.38% on the day. There was 1 advance, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Waterlot Inn To Reopen In December 2024
Westend Properties announced that the Waterlot Inn at the Fairmont Southampton will be reopening on December 3, 2024, following the “completion of extensive interior and exterior renovations.” A spokesperson said “Housed in a building that dates back to 1670, the destination restaurant has always been an island favourite and we are... Read more of this article
BermudAir Inaugural Summer Student Program
BermudAir has praised the first group of participants in the company’s inaugural Summer Student Programme, stating that “the first cohort of students, aged from 16 to 19, spent two weeks with the BermudAir team, learning about all aspects of its business and the aviation industry generally.” “We were delighted to have these very keen students... Read more of this article
5 Students Receive Conyers Education Awards
Five students – Meleina Brock, Owen Figureido, Kayla Caldwell, Taylor Crichlow, and Imani Bell – are the recipients of Conyers’ 2024 Legal Education Awards. A spokesperson said, “Conyers is delighted to announce the recipients of its 2024 Legal Education Awards. The annual scholarship recognises outstanding students for their... Read more of this article
Flea Market To Be Held On Saturday July 13
A flea market event will be held on Saturday, July 13 from 9.00am to 3.00pm at Saint John’s Church Hall. A spokesperson said, “Get ready for a delightful day of discovery at the Saint John’s Church Hall on Saturday, July 13th! From 9 AM to 3 PM, our highly anticipated bi-monthly flea market will open its doors to the public, offering a... Read more of this article
