Category: Business
Bermuda Stock Exchange Report: August 3 2021
August 3 saw 35,018 shares trade on the Bermuda Stock Exchange, valued at $210,645.30 BD. 18 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $36.50 per share, while another 35,000 shares were traded by Argus Group Holdings Ltd, closing up 2.6% at $6.00 per share. The BSX finished at 2,544.29, up 0.14% on the day. There was 1 advance,... Read more of this article
LOM: No Share Repurchases For July 2021
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited announced no share repurchases for July 2021. LOM is a publicly-held, international financial services company, providing a complete range of investment services and products, with subsidiaries in Bermuda, Bahamas and the UK. Related Stories Navium Launches Constellation Consortium Global... Read more of this article
Four Recipients Of Conyers 2021 Legal Awards
Conyers announced the recipients of their 2021 Legal Awards, with Rakaya Simmons, Kyra Dunstan, Sophie Rylands and Guielle Bean all receiving educational awards. A spokesperson said, “Conyers is delighted to announce the four recipients of its 2021 Legal Awards. This year the firm presented over $150,000 in both new and renewed funding to 15 Bermudian... Read more of this article
Butterfield Reaches Resolution, To Pay $5.6M
[Updated] The Bank of N.T. Butterfield & Son Limited today announced that it has “reached a resolution with the United States Department of Justice concerning the inquiry into Butterfield’s legacy business with US clients reported in November 2013.” “The resolution is in the form of a non-prosecution agreement [NPA] with a three-year... Read more of this article
19 Students Receive ABIC Education Awards
The Association of Bermuda International Companies [ABIC] Education Awards luncheon was recently held, with awards presented to 19 students. A spokesperson said, “Nineteen Bermudian students received financial support for their further education through the island’s largest post-secondary scholarship programme at the recently held annual Association... Read more of this article
Argo Reports 2021 Second Quarter Results
Argo Group International Holdings, Ltd. announced financial results for the three and six months ended June 30, 2021. Argo reported second quarter 2021 net income attributable to common shareholders of $67.1 million or $1.92 per diluted common share, compared to a net loss attributable to common shareholders of $5.4 million or $[0.16] per diluted common... Read more of this article
Bermuda Stock Exchange Report: August 2 2021
August 2 saw 200 shares trade on the Bermuda Stock Exchange, valued at $7,300.00 BD. 200 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.4% at $36.50 per share. The BSX finished at 2,540.71, up 1.07% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
KPMG To Work With The Berkeley Institute
“We are thrilled to announce that we will be collaborating with Berkeley Institute in the area of professional development and succession planning,” KPMG in Bermuda said. A spokesperson said, “Working with the community is at the heart of KPMG in Bermuda [KPMG] and our Impact Plan. KPMG has long had a focus on the education and... Read more of this article
BMS Re Launches Bermuda Operations
BMS Re announced the launch of BMS Re in Bermuda, with Adam Mullan to be appointed as executive director once necessary visa and regulatory requirements are met. A spokesperson said, “BMS Re, the independent reinsurance broker, is pleased to announce the launch of BMS Re in Bermuda. Once necessary visa and regulatory requirements are met, Adam... Read more of this article
Shipping Schedule: Week Starting July 31
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday July 31st. On Monday the Oleander container ship and the Viking Orion cruise ship are expected, on Wednesday the Somers Isles container ship will arrive, and on Thursday the Bermuda Islander container ship is scheduled to... Read more of this article
RenRe Announce $0.36 Quarterly Dividend
RenaissanceRe Holdings Ltd. announced today a quarterly dividend of $0.36 per common share on its common shares. The dividend is payable on September 30, 2021, to shareholders of record on September 15, 2021. “In addition, the Board of Directors approved a renewal of RenaissanceRe’s authorized share repurchase program, bringing the total current... Read more of this article
Bermuda Stock Exchange Report: July 28 2021
July 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,513.89, 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 24 2025 Bermuda Stock... Read more of this article
