Category: Business
Premier Tickets Celebrates 15th Anniversary
Premier Tickets [PTIX] is commemorating its 15th anniversary as it approaches the milestone of one million tickets sold. A spokesperson said, “Premier Tickets [PTIX] proudly marks its 15th anniversary as Bermuda’s leading event and ticketing management company. Since its inception in 2009, PTIX has consistently delivered unparalleled service... Read more of this article
BF&M: No Share Repurchases In March 2024
BF&M Limited announced that the company made no repurchases for the month ending March 2024. A spokesperson said, “The Company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no repurchases for the month ending March 2024.” Related Stories BF&M Prepare 300 Packages, Donate $20K BF&M... Read more of this article
White Mountains Appoints New EVP & CSO
White Mountains Insurance Group revealed that Giles Harrison will join as Executive Vice President and Chief Strategy Officer starting June 10, 2024. A spokesperson said, “White Mountains Insurance Group, Ltd. announced today that Giles Harrison will become its Executive Vice President and Chief Strategy Officer on June 10, 2024. “Since... Read more of this article
Bermuda Stock Exchange Report: April 10 2024
April 10 saw 300 shares trade on the Bermuda Stock Exchange, valued at $9,300.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing down 3.1% at $31.00 per share. The BSX finished at 2,322.85, down 2.26% on the day. There was 1 advance, 1 decline, and 49 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Scooter Mart To Sponsor Bermuda Charge
Bermuda Charge announced a three-year partnership deal with Scooter Mart. A spokesperson said, “In a dynamic move set to ignite the engines of excitement, Bermuda Charge, organiser of the renowned annual Motor Fest event, proudly announces an exhilarating deal confirming Scooter Mart will continue as the show’s title sponsor for the next... Read more of this article
Bermuda Stock Exchange Report: April 9 2024
April 9 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,376.48, 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 ‘Active And Significant Year For The BSX’ Bermuda Stock Exchange Report: April 24 2024 Bermuda Stock... Read more of this article
Minister Furbert Attending Seatrade Conference
Minister of Transport Wayne Furbert is attending the Seatrade Global Cruise Conference 2024, which is being held from April 8th to April 11th, in Miami, Florida. A Government spokesperson said, “The Minister is accompanied by Stacey Evans, Section Head of Transport Planning for the Ministry of Transport, and Bermuda Government’s Representative... Read more of this article
Ignite Entrepreneurial Internship Programme
Ignite Bermuda has launched its fourth annual Young Adult Entrepreneurial Internship Programme. A spokesperson said, “Ignite Bermuda is excited to announce the launch of its annual Young Adult Entrepreneurial Internship programme, thanks to the continued support of HSBC Bank Bermuda. Applications for this part-time paid summer programme are currently... Read more of this article
BermudAir Launches Promotions In USA
BermudAir announced that it is “boosting awareness about the airline and Bermuda via its first ever sweepstakes promotion overseas which is being featured in over 1,000 US retail outlets.” A spokesperson said, “The promotion has been launched in partnership with Rosewood Bermuda Resort and Goslings and is featured on special point-of-sale... Read more of this article
Butterfield Share Repurchases For March 2024
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of March 2024, repurchased for cancellation 338,313 Common Shares at an average price of $30.22 per share. Related Stories Butterfield Share Repurchases For Feb 2024 Bank Of Butterfield Notice Of Share Ownership Butterfield Share... Read more of this article
Bermuda Stock Exchange Report: April 8 2024
April 8 saw 3,500 shares trade on the Bermuda Stock Exchange, valued at $22,050.00 BD. 3,500 shares were traded by Argus Group Holdings Ltd, closing even at $6.30 per share. The BSX finished at 2,376.48, 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 ‘Active... Read more of this article
BF&M Limited Promotes Gemma Rochelle
BF&M Limited announced the promotion of Gemma Rochelle to EVP, Group General Counsel and Chief Compliance Officer, and her appointment to its Group Executive Committee, effective April 1st, 2024. Abigail Clifford, Group President and CEO, stated, “Gemma joined the company in 2019 and has made significant contributions, proving herself to be an... Read more of this article
Abacus Promotes Jaylaka Matthie
Abacus Ltd., the local full-service accounting firm, has promoted Jaylaka Matthie to the position of Bookkeeper. A spokesperson said, “Matthie, whose dedication and innovative approach to financial management has been credited as contributing to the firm’s success, will now oversee a broader range of responsibilities. These include managing... Read more of this article
Relm Insurance Launches Web3 Product Suite
Relm Insurance introduced a new product suite customized for clients in Web3 technologies. A spokesperson said, “Relm Insurance [Relm], a leading specialty insurance carrier supporting emerging and innovative industries, today announced the release of a novel product suite, providing tailored, end-to-end insurance coverage for clients immersed... Read more of this article
2023 Q3 Balance Of Payments & Investments
The Ministry of Economy and Labour released the 2023 Q3 Balance of Payments & International Investment Position publication. Minister Jason Hayward explained, “Bermuda’s trade with non-residents resulted in a $361 million surplus for the third quarter of 2023, up $96 million from a year ago.” “Transactions related to trade in goods led to... Read more of this article
Shipping Schedule: Week Starting April 6
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 6th. On Sunday the Norwegian Gem cruise ship is expected, on Monday the Oleander container ship will arrive, and on Tuesday the Somers Isles container ship is scheduled to arrive. On Wednesday the Norwegian Escape... Read more of this article
