Category: Business
Princess Donates To Two Local Charities
Following its Black History Month celebrations in February, the Hamilton Princess & Beach Club made donations to two local charities in the name of its honourees: the Bermuda College Foundation, chosen by Gary Phillips, and the Family Centre, chosen by Martha Dismont. “$2,000 was raised for the organisations through the hotel’s Black History... Read more of this article
Retail Sales Decreased 8.8% In December 2021
After adjusting for the retail sales rate of inflation – measured at 3.7% in December – the overall volume of retail sales decreased 8.8% when compared to December 2020, according to the recently released Retail Sales Index. A Government spokesperson said, “On Thursday, 22 March, the Ministry of Economy and Labour released the December 2021 Retail... Read more of this article
Conyers Supports Future Leaders Bermuda
Conyers said they are proud to support Future Leaders Bermuda through the Conyers ‘Future Leader’ Development Grants Fund, which “aims to fill a gap by awarding up to $10,000 per year to youth pursuing worthwhile endeavours outside of traditional scholarship.” A spokesperson said, “The grants are awarded to Future Leaders to support... Read more of this article
English Market Offer 5% Discount For Seniors
The English Market — which is located in the Washington Mall — will be offering a 5% discount for seniors starting on April 1st. A spokesperson said, “From Friday April 1st, the English Market will start to offer 5% discount for Bermuda Seniors. We are open Monday to Friday, 8am to 7pm, and Saturday 9am to 6pm, and a discount is... Read more of this article
Bermuda Stock Exchange Report: March 28 2022
March 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,565.74, even on the day. There were 0 advances, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
Flight Arrives With Bermudian Inflight Manager
Bermudian Keivin Richardson-Crane Pimentel recently traveled to Bermuda — while working on a British Airways flight — with the company noting he is British Airways’ first Bermudian Inflight Manager. A spokesperson said, “British Airways Inflight Manager Keivin Richardson-Crane Pimentel, who formerly worked for the airline as a Customer... Read more of this article
BF&M Reports Net Income Of $25.2 Million
BF&M Limited today reported shareholders’ net income of $25.2 million for the year ended 31st December 2021, compared with shareholders’ net income of $20.5 million for 2020. Earnings for 2021 equated to an annualized Return on Equity of 8.3% compared with 7.1% in 2020. Group Chairman and CEO John Wight stated: “I am pleased to report strong... Read more of this article
LOM Helps Restore ‘Living Classroom’
Trunk Island’s ‘Living Classroom’ is providing “a chance to enjoy and learn about this incredible island in its most natural environment,” with LOM donating $50,000 toward the restoration of the island over the past five years. A spokesperson said, “Trunk Island, located in the Harrington Sound, hosts many of the significant... Read more of this article
Clarien Appoints Pearline McIntosh To SVP
Clarien Bank has appointed Pearline McIntosh to SVP, Head of Private Banking. A spokesperson said, “Clarien Bank is pleased to announce the appointment of Pearline McIntosh to SVP, Head of Private Banking, responsible for the day-to-day management of the Private Banking team within Clarien’s Wealth Management group. “Mrs. McIntosh has significant... Read more of this article
Allied World Bermuda Promotes 12 Employees
Twelve Allied World Bermuda employees have been promoted “in recognition of their many contributions to our organization.” A spokesperson said, “Twelve Allied World Bermuda employees were recently promoted in recognition of their many contributions to our organization.” Colm Singleton, Head of Allied World Bermuda, said, “It is... Read more of this article
KPMG: Restructuring Practice Sale & New CEO
KPMG in Bermuda today announced the sale of its restructuring practice to Teneo, and also announced that James Berry will become KPMG in Bermuda’s CEO effective immediately. A spokesperson said, “KPMG in Bermuda today announced the sale of its restructuring practice to Teneo. As part of the transaction, Mike Morrison, CEO of KPMG in Bermuda, and... Read more of this article
Oil Insurance Declares $350 Million Dividend
Oil Insurance Limited [OIL] held its March 2022 Board Meeting on Tuesday, March 22nd and its 2022 AGM by virtual means on Thursday, March 24th. A spokesperson said, “During the Board meeting, the directors approved the Company’s 2021 financial statements, discussed the execution progress of the 5 year Strategic Plan and approved the payment... Read more of this article
