Category: Business
Aspen Declares Dividends On Preference Shares
Aspen Insurance Holdings Limited announced that the Board of Directors has declared the following dividends on its Preference Shares: Quarterly dividend of $0.3719 per share on its 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares with a $25 liquidation preference per share; Quarterly dividend of $0.3516 per share on its 5.625%... Read more of this article
Bermuda Stock Exchange Report: Sept 3 2021
September 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,567.50, even on the day. There were 0 advances, 0 declines, and 62 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 30 2025 Bermuda... Read more of this article
GDP Decline Of 4.3% For 2021 First Quarter
The Quarterly Gross Domestic Product [GDP] by Expenditure publication has been released, showing that GDP in constant prices for the first quarter of 2021 when compared to the 1st quarter of 2020 decreased by 4.3 % to $1,686.5 million. A Government spokesperson said, “Today, the Minister for the Cabinet Office, the Hon. Wayne Furbert, JP, MP,... Read more of this article
Reid Orchard Joins MJM’s Trainee Programme
Law firm MJM Limited announced that Reid Orchard has joined its legal training programme. He earned an undergraduate degree in Law [Hons], with business from Plymouth University in 2020, and earlier this year he completed a postgraduate degree, the Legal Practice Course, with Distinction while studying at BPP Law school in Bristol. Mr Orchard said,... Read more of this article
Hamilton Insurance Appoints Kylie Tomas
Hamilton Insurance Group, Ltd. today [Sept 3] announced that Kylie Tomas has been appointed as Senior Vice President, Claims Counsel and Head of Claims at Hamilton Re, Ltd. A spokesperson said, “In this role, Tomas will manage the insurance and reinsurance claims teams and oversee all claims matters for Hamilton Re, Ltd. She joins Hamilton later... Read more of this article
One’s Church Street Store Temporarily Closes
One Communications has “temporarily closed their retail store on Church Street after an employee tested positive for Covid-19,” the company said today. A spokesperson said, “The store will remain closed for a period of two weeks, during which time a thorough deep cleaning will be conducted. Further information will be communicated... Read more of this article
QBE Expands Bermuda Office, Appoints Gibbons
QBE Re announced a “major expansion of its Bermuda office,” with the appointment of Tracey Gibbons as Head of QBE Re, Bermuda. A spokesperson said, “Tracey joins in September from SiriusPoint where she was Senior Vice President. She brings over 30 years’ experience to the role and a remit to develop the Bermuda product offering to... Read more of this article
Bermuda Stock Exchange Report: Sept 2 2021
September 2 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,567.50, even on the day. There were 0 advances, 0 declines, and 62 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... Read more of this article
EGL Donates $400,000 To Local Causes
Edmund Gibbons Limited [EGL] has directed $400,000 in charitable giving to local causes that help Bermuda’s community cope with hardships brought on by the coronavirus pandemic. A spokesperson said, “Edmund Gibbons Limited [EGL] has directed $400,000 in charitable giving to local causes that help Bermuda’s community cope with hardships brought... Read more of this article
Re/insurers Ready To Support Storm Recovery
The “Bermuda [re]insurance industry stand ready to support Americans in the aftermath of Hurricane Ida,” the Bermuda Business Development Agency [BDA] said. A spokesperson said, “The Bermuda Business Development Agency and the greater Bermuda [re]insurance industry stand ready to support Americans in the aftermath of Hurricane Ida,... Read more of this article
L&G Re Interns & Education Award Recipient
Legal & General Reinsurance [L&G Re] announced that Nisha Smith is the 2021 recipient of the ABIC Education Award sponsored by L&G Re, while internship opportunities were provided to Tyler Kelly and Victoria Lindsay. A spokesperson said, “Legal & General Reinsurance [L&G Re] has provided internship opportunities for two Bermudian... Read more of this article
Tim Glover, David White Join Mosaic Insurance
Insurance market executives Tim Glover and David White have joined Mosaic Insurance as Chief Underwriting Officer and Underwriting Director, respectively. A spokesperson said, “Leading insurance market executives Tim Glover and David White have joined Mosaic Insurance, as Chief Underwriting Officer and Underwriting Director, respectively. “Based... Read more of this article
