Category: Business
Bermuda Stock Exchange Report: May 10 2022
May 10 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,376.84, even on the day. There were 0 advances, 0 declines, and 64 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report:... Read more of this article
BF&M: No Share Repurchases In April 2022
In a filing with the Bermuda Stock Exchange, BF&M Limited advised that pursuant to its share repurchase programme, during the month of April 2022 the company has not repurchased any shares. Related Stories Veronica Swan DeGraff Earns BF&M Scholarship BF&M & Argus Summer Internship Programme Photos & Video: BF&M Breast... Read more of this article
S&P Reaffirmed Bermuda’s A+ Credit Rating
Premier and Minister of Finance David Burt today announced that ratings agency Standard & Poor’s [S&P] has reaffirmed Bermuda’s A+ Sovereign Credit Rating as well as Bermuda’s A-1 short-term rating and its AA+ transfer and convertibility assessment. A Government spokesperson said, “ S&P also maintained the “stable”... Read more of this article
BDA Executive Forum Tomorrow In NYC
The Bermuda Business Development Agency’s [BDA] New York City executive forum will be held tomorrow [May 11], with a limited number of spaces still available for the event. A spokesperson said, “A limited number of spaces are still available for the Bermuda Business Development Agency’s New York City executive forum being held tomorrow at One... Read more of this article
New E-Scooter Rideshare Service Launches
Alex Marshall has launched Whip, which is described as an e-scooter rideshare for the people “looking for an affordable, convenient, and fun way to get around.” The launch announcement said, “In the era where technology is advancing day by day it has become essential to get the services that can help people move around with ease. The launch... Read more of this article
White Mountains To Sell NSM To Carlyle
White Mountains Insurance Group, Ltd. announced that it has signed a definitive agreement to sell NSM Insurance Group to investment funds affiliated with global investment firm Carlyle. “The transaction values NSM at $1.775 billion,” the company said. “White Mountains expects the transaction will result in a gain of approximately $280... Read more of this article
Bermuda Stock Exchange Report: May 9 2022
May 9 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,376.84, even on the day. There were 0 advances, 0 declines, and 64 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report:... Read more of this article
PrivCom Leads At Digital Trade Discussions
Privacy Commissioner Alexander White was invited to speak to the Global Cross Border Privacy Rules Forum about the “benefits and potential for Bermuda and other countries to participate in the data transfer system.” A spokesperson said, “Some of the most critical questions about the modern digital economy relate to how personal information... Read more of this article
Bermuda Job Board Website Restored
[Updated] The Department of Workforce Development [DWD] advised that the Bermuda Job Board Website [bermudajobboard.bm] is temporarily down. “Technicians are working to restore the site, and the public will be advised when it is operational. The DWD apologises for any inconvenience this may cause,” a Government spokesperson said.“ Update... Read more of this article
BMA Appoints Garcia As Managing Director
The Bermuda Monetary Authority’s [BMA] announced that Ricardo Garcia has recently been appointed Managing Director of the Authority. A spokesperson said, “The Managing Director position encompasses several responsibilities. Mr. Garcia will be responsible for the Authority’s supervision of insurance, banking, trust, corporate services, investment... Read more of this article
WTM Adjusted Book Value Per Share Of $1,204
White Mountains Insurance Group, Ltd. reported book value per share of $1,183 and adjusted book value per share of $1,204 as of March 31, 2022. Book value per share and adjusted book value per share both increased 1% in the first quarter of 2022. Manning Rountree, CEO, commented, “We had a good first quarter, with ABVPS up 1%. Rising... Read more of this article
AXIS Capital Declares Quarterly Dividends
AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.43 per common share payable on July 15, 2022 to shareholders of record at the close of business on June 30, 2022. In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share [equivalent to $0.34375 per depositary... Read more of this article
