Category: Business
Willis Towers Watson Appoints Kirsten Beasley
Willis Towers Watson today [Aug 18] announced that Kirsten Beasley will head up the Bermuda office. A spokesperson said, “Willis Towers Watson, a leading global advisory, broking, and solutions company, today announced that Kirsten Beasley will head up the Bermuda office. “Ms. Beasley has been Willis’ head of healthcare broking, North... Read more of this article
Bermuda Stock Exchange Report: August 17 2021
August 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,557.26, 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: Jan 9 2026 Bermuda Stock Exchange Report: Jan 8 2026 Bermuda Stock Exchange Report:... Read more of this article
AM Best Assigns Credit Rating To Ark Insurance
AM Best has assigned a Long-Term Issue Credit Rating of “bbb+” [Good] to the recently issued USD 47 million floating rate subordinated notes, due 2041, of Group Ark Insurance Limited [GAIL] [Bermuda]. The outlook assigned to the Credit Rating [rating] is stable. A statement from the ratings agency said, “The Financial Strength Rating of A [Excellent]... Read more of this article
Arch Appoints Ebong & Mallesch To Board
Arch Capital Group Ltd. announced that Francis Ebong and Eileen Mallesch has been appointed to the Company’s Board of Directors, effective immediately. A spokesperson said, “Mr. Ebong has an extensive background in technology and innovation and is currently Managing Director of Program Management at X, Alphabet’s in-house research and development... Read more of this article
Bermuda Stock Exchange Report: August 16 2021
August 16 saw 16,051 shares trade on the Bermuda Stock Exchange, valued at $102,661.50 BD. 51 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $36.50 per share, while another 16,000 shares were traded by Argus Group Holdings Ltd, closing up 2.4% at $6.30 per share. The BSX finished at 2,557.26, up 0.14% on the day. There was 1 advance,... Read more of this article
PwC Scholarships: Tamia Place & Nadir Young
PwC Bermuda today [Aug 16] announced the recipients of their annual scholarship awards, with Tamia Place earning the Peter Mitchell Scholarship, while Nadir Young earned the PwC ABIC Award Scholarship. A spokesperson said, “PwC Bermuda today announced the recipients of its annual scholarship awards. The 2021 scholarship winners are as follows: “Tamia... Read more of this article
Bermuda Aviation Services Reports Earnings
In a filing with the Bermuda Stock Exchange, Bermuda Aviation Services Limited reported earnings to March 31, 2021. The filing stated: “Bermuda Aviation Services Limited [the Company] and its subsidiaries [the Group] report a total comprehensive loss of $1.1 million for the year ended March 31, 2021, compared to a comprehensive loss of $1.9 million... Read more of this article
AXA XL Appoints Cotina Trott As Vice President
AXA XL announced today [Aug 16] that Cotina Trott has rejoined its Bermuda Insurance Excess Casualty Team as a Vice President, Senior Underwriter. A spokesperson said, “In this role, Ms. Trott’s responsibilities include delivering profitable underwriting service to clients; developing and managing underwriting strategies for both renewed and new... Read more of this article
Lombard Becomes 62nd Member Of BILTIR
Bermuda International Long Term Insurers and Reinsurers [BILTIR] announced that Lombard International Life Ltd, part of Lombard International Group, has joined the association. A spokesperson said, “Lombard International Life Ltd becomes the 62nd company to join BILTIR, which represents the island’s insurance, reinsurance and servicing companies... Read more of this article
Fidelis Appoints Riega As Head Of Sustainability
Fidelis Insurance Holdings Limited announced that Victor Riega has been appointed as head of sustainability. A spokesperson said, “Mr. Riega joins Fidelis from Standard Chartered where he was a Senior Sustainability Manager. Previously Mr. Riega worked at Aviva where he led their approach to human rights, their corporate responsibility governance... Read more of this article
Everest Re Group Announces $1.55 Dividend
Everest Re Group, Ltd. [Everest] announced that its Board of Directors declared a dividend of $1.55 per share payable on or before September 15, 2021 to all shareholders of record as of August 25, 2021. Related Stories Everest Appoints New Actuary And Risk Chief Everest Names Gary Haase CEO Of Legacy Everest Group Declares $2.00 Dividend Everest To... Read more of this article
Shipping Schedule: Week Starting August 14
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday August 14th. On Sunday the Somers Isles and the Oleander container ship are expected, on Monday the Viking Orion cruise ship will arrive, and on Thursday the Viking Orion cruise ship, the Bermuda Islander container ship and... Read more of this article
