Category: Business
14 People Complete “Learn To Earn” Programme
The Bermuda Tourism Authority [BTA] recognised the first cohort of the Learn to Earn programme, a service industry training initiative. “The programme emerged as a partnership between the Tourism Standard and Training Division of the BTA, the Government Department of Workforce Development, the Bermuda College, and a group of private restaurant... Read more of this article
Shipping Schedule: Week Starting August 7
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday August 7th. On Sunday the Epic Caledonia oil products tanker and the Oleander container ship are expected, on Monday the Viking Orion cruise ship will arrive, and on Thursday the Bermuda Islander container ship is scheduled... Read more of this article
Argo Group Issues $0.31 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 September 15, 2021, to shareholders of record on August 31, 2021. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate... Read more of this article
Enstar Quarterly Preference Share Dividends
Enstar Group Limited announced that it will pay cash dividends on its Series D and Series E preference shares. “Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share [each of which represents a 1/1,000th interest in a Series D Preference Share] will be payable... Read more of this article
Bermuda Stock Exchange Report: August 6 2021
August 6 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,546.67, even on the day. There were 0 advances, 0 declines, and 61 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 Stock... Read more of this article
Enstar Group Reports Second Quarter Results
Enstar Group Limited filed its quarterly report on Form 10-Q with the SEC, reporting its earnings and financial position for the three and six months ended June 30, 2021. The company said, “Enstar reported consolidated net earnings of $377.3 million [or $17.28 per fully diluted ordinary share] and $560.5 million [or $25.60 per fully diluted ordinary... Read more of this article
Compre And SiriusPoint Announce Strategic Deal
Compre, the international specialist legacy group, and SiriusPoint Ltd. announced that they have reached an agreement for Compre to acquire a US$417 million portfolio of legacy liabilities, subject to regulatory approval. The transaction, structured as a loss portfolio transfer, will be underwritten by Compre’s class 3A Bermudian reinsurer, Pallas... Read more of this article
Butterfield Share Repurchases For July 2021
In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of July 2021, the Bank repurchased for cancellation 42,000 Common Shares at an average price of $34.54 per share. Related Stories Butterfield Announce Leadership Appointments Butterfield Senior Management Appointments Butterfield... Read more of this article
BF&M: No Share Repurchases In July 2021
In a filing with the Bermuda Stock Exchange [the “Exchange”], BF&M Limited advised that pursuant to its share repurchase programme, during the month of July 2021 the company has not repurchased any shares. Related Stories Veronica Swan DeGraff Earns BF&M Scholarship BF&M & Argus Summer Internship Programme Photos & Video:... Read more of this article
Bermuda Stock Exchange Report: August 5 2021
August 5 saw 128 shares trade on the Bermuda Stock Exchange, valued at $1,614.60 BD. 28 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $36.50 per share, while another 100 shares were traded by Argus Group Holdings Ltd, closing up 1.7% at $6.10 per share. The BSX finished at 2,546.67, up 0.09% on the day. There was 1 advance, 0... Read more of this article
Gelinne Appointed As JRVR Group Chief Actuary
James River Group Holdings, Ltd. [JRVR] announced that David Gelinne has been appointed Group Chief Actuary, to be effective during the third quarter of 2021. A spokesperson said, “He will join the Company on August 2, 2021. Current Group Chief Actuary Jennifer Kish has announced her intention to retire at the end of the third quarter of 2021. “Mr.... Read more of this article
Athene Announces $4.9B Pension Risk Transfer
Athene Holding Ltd. announced the “close of a significant pension risk transfer [PRT] transaction with Lockheed Martin, a global security and aerospace leader. The company said, “Under the terms of the transaction, Lockheed Martin transferred $4.9 billion in pension obligations to Athene. Athene’s wholly-owned subsidiaries, Athene... Read more of this article
