Category: Business
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: Jan 12 2026 Bermuda Stock Exchange Report: Jan 9 2026 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
CG Completes Acquisition Of Massy United
Bermuda-based Coralisle Group [CG] has acquired a 100% interest in Massy United Insurance Ltd. of Barbados [United]. A spokesperson said, “United now operates within the Coralisle Group as CG United Insurance Ltd. [CG United]. The acquisition significantly expands CG’s presence across the Caribbean, adding 14 new markets where CG United operates. “These... Read more of this article
Bank Of Butterfield Adjusts Interest Rates
The Bank of Butterfield announced that, in response to yesterday’s 50 basis point increase in the US Federal Funds Rate, it is adjusting its interest rates on loans and selected deposits. A spokesperson said, “The base rate for Bermuda dollar residential mortgages, consumer loans, corporate loans and USD loans will increase by 0.50%. The rate increase... Read more of this article
Column: MP Caesar On Tourism, Hotel & More
[Opinion column written by MP Crystal Caesar] The Government’s support for the development project on the Fairmont Southampton site is essential to jumpstart our tourism industry and add desperately needed hotel beds to our product. It will mean hundreds of jobs and opportunities for Bermudians. Over the years, successive governments [UBP, PLP and... Read more of this article
Assured Guaranty Declares $0.25 Dividend
Assured Guaranty Ltd. – a publicly traded Bermuda-based holding company – declared a quarterly dividend of $0.25 per common share. The dividend is payable on June 1, 2022 to shareholders of record at the close of business on May 18, 2022. Related Stories Assured Guaranty Rebrands BlueMountain Assured Completes Acquisition Of BlueMountain Assured... Read more of this article
Bermuda Stock Exchange Report: May 4 2022
May 4 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: Jan 12 2026 Bermuda Stock Exchange Report: Jan 9 2026 Bermuda Stock Exchange Report:... Read more of this article
Hamilton Insurance Appoints Minarik & Kirkland
Hamilton Insurance Group, Ltd. today announced the appointments of Devon Minarik and Logan Kirkland. A spokesperson said, “Hamilton Insurance Group, Ltd. today announced the appointments of Devon Minarik as Head of US Small Business Casualty Insurance and Logan Kirkland as Head of US Products Liability & Contractors Insurance at Hamilton Select... Read more of this article
$6,000 In Prizes For Drive Thru Naming Contest
With the Devonshire drive thru set to open soon, a contest is being held inviting the public to submit a name for the business, with the winner receiving $6,000 worth of prizes. A spokesperson said, “The new Devonshire drive thru is set to open in just a few weeks. “There has been a fantastic response from the community. Interest has sparked... Read more of this article
