Category: Business
White Mountains Acquires 51% Of Distinguished
White Mountains Insurance Group has agreed to acquire a 51% controlling interest in Distinguished Programs, a specialty insurance MGA managing over $550 million in annual premiums. A spokesperson said, “White Mountains Insurance Group, Ltd. announced today that it has entered into an agreement to acquire a majority stake in Distinguished Programs... Read more of this article
Bermuda Stock Exchange Report: July 7 2025
July 7 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,806.86, even on the day. There were 0 advances, 0 declines, and 49 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
Ignite Opens Accelerator Programme Applications
Ignite Bermuda has opened applications for its 10th free Entrepreneurial Accelerator Programme, inviting local innovators to apply by July 25 for a five-month journey of mentorship, resources, and growth. A spokesperson said, “Bermudian entrepreneurs, from startup founders and social entrepreneurs to blue economy and healthcare innovators, now... Read more of this article
HSBC Appoints Kate Subak For Insurance & Life
HSBC announced the appointment of Kate Subak as Chief Executive Officer of HSBC Insurance [Bermuda] and HSBC Life [Bermuda], effective immediately. The company said, “In this role, Kate will manage the operations of all HSBC’s insurance entities in Bermuda, spearheading the execution of our High-Net-Worth insurance strategy and leading the... Read more of this article
One Comm Sponsors Harbour Night Kids Zone
One Communications sponsored the Kids Zone at Harbour Night on July 2, reaffirming its commitment to community and family fun in Bermuda. A spokesperson said, “One Communications was proud to once again sponsor the Kids Zone at Harbour Night on July 2nd, marking the Company’s continued commitment to bringing joy, excitement, and community spirit... Read more of this article
BAC Group To Host Electrical Safety Training
BAC Group – through its electrical division, Bermuda Universal Electric [BUE] – will host its third NFPA 70E Electrical Safety Training Seminar from July 8 through July 10. A spokesperson said, “BAC Group, through its electrical division, Bermuda Universal Electric, will host its third exclusive NFPA 70E Electrical Safety Training... Read more of this article
Shipping Schedule: Week Starting July 5
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, July 5th. On Saturday the Vision of the Seas cruise ship is expected, on Sunday the Seven Seas Mariner and the Norwegian Jewel cruise ships will arrive, and on Monday the Somers Isles container ship and the Liberty of... Read more of this article
Bermuda Stock Exchange Report: July 4 2025
July 4 saw 12 shares trade on the Bermuda Stock Exchange, valued at $468.00 BD. 12 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $42.10 per share. The BSX finished at 2,806.86, even on the day. There were 0 advances, 0 decline, and 49 remained unchanged. The full report for the day is available here [PDF], and the full report for... Read more of this article
Neville Grant Named Bankers Association’s CEO
Neville Grant has been appointed the new chief executive of the Bermuda Bankers Association. A spokesperson said, “Neville Grant will be the new chief executive of the Bermuda Bankers Association [BBA] appointed July 1. “Mr. Grant will succeed Geoff Scott who will be stepping down on July 31st after 2 and half years in the role. “Neville... Read more of this article
AXA XL Marks Global Day Of Giving’s 20th Year
AXA XL celebrated the 20th anniversary of its Global Day of Giving, with Bermuda-based employees joining thousands worldwide in volunteering for local charities as part of AXA’s Week for Good. A spokesperson said, “AXA XL recently marked the 20th anniversary of our Global Day of Giving as part of AXA’s Week for Good. During the Global Day... Read more of this article
Mosaic Insurance Welcomes Summer Interns
Mosaic Insurance has welcomed four students to its global offices for its fifth summer internship program, offering experience in communications, cyber, and data science. A spokesperson said, “Mosaic Insurance has welcomed four university students to its offices in Bermuda, London, New York, and Chicago, as the specialty insurer marks the fifth... Read more of this article
BMA Earns Awards For Sustainability & Design
The Bermuda Monetary Authority [BMA] earned LEED certification and two global awards for its sustainable headquarters and new high-security banknotes. A spokesperson said, “Today the BMA announced it has received multiple international recognitions by earning the prestigious LEED certification in green building design for BMA House, as well as... Read more of this article
