Category: Business
Column: Why Wait For Mother’s Day?
[Written by Kisha Tyrrell] It is evident that on Mother’s Day, women everywhere are reminded to take the day for selfcare. If the last three years have taught us anything, we have learned that we shouldn’t be waiting for ‘Self-care Sunday’, our birthdays, and definitely not until Mother’s Day to prioritize our needs. And on top of that,... Read more of this article
Column: Water Conscious, Energy, Save Money
[Column written by BELCO] Being water conscious is not only good for the environment but could also result in a significant reduction in your household energy consumption, which will in turn help you save money. Much of the energy consumed around water usage is due to appliances using electricity to heat water, which includes water heaters, dishwashers,... Read more of this article
Shipping Schedule: Week Starting May 7
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday May 7th. The Summit cruise ship is expected, on Saturday the Enchantment of the Seas cruise ship will arrive, and on Sunday the Norwegian Pearl cruise ship and the Cape Race vehicles carrier are scheduled to arrive. On Monday... Read more of this article
AXIS Launches Portfolio Underwriting Unit
AXIS Capital Holdings Limited has launched a Portfolio underwriting unit, which targets multi-class portfolio business that is placed in the London specialty insurance market. A spokesperson said, “The Portfolio team is now actively underwriting portfolios of multi-class risks on a follow-line basis, in conjunction with trusted and proven lead carriers. “The... Read more of this article
Enstar Quarterly Preference Share Dividends
Enstar Group Limited 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]... Read more of this article
Bermuda Stock Exchange Report: May 6 2022
May 6 saw 8,300 shares trade on the Bermuda Stock Exchange, valued at $186,750.00 BD. 8,300 shares were traded by BF&M Ltd, closing at an even $22.50 per share. 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], and the full report for... Read more of this article
Minister: Fairmont Southampton Hotel Act
The Fairmont Southampton Hotel Act 2022 “supports the redevelopment of more than an iconic hotel property, it is also a critical part of the overall economic recovery for Bermuda, Minister of Tourism Vance Campbell said in the House of Assembly today [May 6].. The Minister said, “Although it proposes to extend relief for 15 years, it is... Read more of this article
MarketPlace Promotes Ronnette Burgess
The MarketPlace announced that Ronnette Burgess has been promoted to the new role of Vice President of Human Resources and joins the executive leadership team. A spokesperson said, “Mrs Burgess has worked with The MarketPlace for nearly 30 years. She began her career in the accounts department and progressed to retail controls and audit before rising... Read more of this article
First Atlantic Commerce Now Supports 3DS2
First Atlantic Commerce now supports full transaction processing support for 3D Secure 2. A spokesperson said, “First Atlantic Commerce [FAC], the premier online payment solutions provider in the Caribbean and Central America, today announced that it now supports full transaction processing support for 3DS2, a multi factor Authentication security... Read more of this article
Argo Issue $0.31 Per Share Cash Dividend
Argo Group International Holdings, Ltd. announced that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on June 15, 2022 to shareholders of record on May 31, 2022. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate 1200... Read more of this article
Bermuda Stock Exchange Report: May 5 2022
May 5 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
OBA Leader: ‘A Bad Deal For Bermuda’
[Updated] Calling it a “bad deal for Bermuda,” Opposition Leader Cole Simons said that by ”conceding 15 years of tax concessions – Bermuda will forfeit revenue estimated at over $128 million dollars just for the hotel.” Mr Simons was speaking about the ‘Fairmont Southampton Hotel Act 2022′, which grants a number of customs... Read more of this article
