Category: Business
Mikaela Ian Pearman Launches ‘Luxury Rebellion’
Mikaela Ian Pearman has launched Luxury Rebellion, a global lifestyle platform for bold women, with its first storytelling workshop, ‘Magnetic Content Live’, set for July 12. A spokesperson said, “Luxury Rebellion, the unapologetic lifestyle platform created by award-winning media personality and content curator Mikaela Ian Pearman,... Read more of this article
BMA Acknowledges Custodian Life Statement
The Bermuda Monetary Authority has acknowledged a July 1 statement by the Joint Provisional Liquidators of Custodian Life Limited, which has been under Court-Ordered Provisional Liquidation since November 2024. A spokesperson said, “The Bermuda Monetary Authority [Authority and BMA] is aware of a public statement issued on 1 July 2025 by the Joint... Read more of this article
February Consumer Price Index: Inflation 1.9%
Consumers paid 1.9% more in February than a year ago for the basket of goods and services in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of Statistics’ February 2025 Consumer Price Index. “In summary, consumers paid 1.9 per cent more in February... Read more of this article
Paradise Mobile Launches 5G Plus Network
Paradise Mobile has launched a 5G+ network, which they said is “delivering world-class speed, reliability, and performance.” A spokesperson said, “Paradise Mobile is proud to announce a milestone in Bermudian telecommunications as it launches the island’s first 5G+ network, delivering world-class speed, reliability, and performance. “This... Read more of this article
Retail Sales Increased 0.6% In February 2025
After adjusting for inflation, the overall volume of retail sales increased 0.6% in February 2025 compared to February 2024, according to the newly released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the February 2025 Retail Sales Index publication. “February’s volume of retail... Read more of this article
CG Hosts Third Annual Slow Race Event
CG Insurance hosted its third annual CG Slow Race at the 2025 Motor Fest. A spokesperson said, “CG Insurance proudly hosted its third annual CG Slow Race at the 2025 Motor Fest 2025, drawing crowds of onlookers to the Flagpole at the high-energy event. What started as a creative approach to promoting road safety has grown into a fan-favourite competition,... Read more of this article
MS Reinsurance Announces Leadership Changes
MS Reinsurance has made leadership and structural changes to better align its global underwriting operations with client needs. A spokesperson said, “Global reinsurer MS Reinsurance [MS Re] has announced a series of leadership changes to its underwriting operations in Switzerland, Bermuda, and the US. Structural adjustments have also been made... Read more of this article
Bermuda Stock Exchange Report: July 2 2025
July 2 saw 90 shares trade on the Bermuda Stock Exchange, valued at $3,789.00 BD. 90 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $44.00 per share. The BSX finished at 2,913.19, 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... Read more of this article
EDD To Host Fintech Webinar On Cybersecurity
The Economic Development Department will host the next Fintech Webinar on July 4, spotlighting cybersecurity in fintech with a live session led by Bermudian tech entrepreneur Adrian Lodge. A Government spokesperson said, “The Economic Development Department [EDD] is pleased to announce the next instalment in its Fintech Webinar Series 2025 on... Read more of this article
Sixth Street Completes Acquisition Of Enstar
Enstar Group Limited has finalized its $5.1 billion acquisition by investment vehicles managed by Sixth Street and other institutional investors, transitioning into a privately held company. A spokesperson said, “Enstar Group Limited today announced the closing of its acquisition by investment vehicles managed by affiliates of Sixth Street, a... Read more of this article
Conyers Legal Education Awards Recipients
Conyers has awarded $60,000 in Legal Education Awards to seven Bermudian students, reaffirming its commitment to supporting the next generation of local lawyers. A spokesperson said, “Conyers is pleased to announce the recipients of its 2025 Legal Education Awards, continuing its longstanding commitment to supporting the development of future... Read more of this article
Muuvment Launches ‘LENS’ Programme
Muuvment has launched LENS, a research-backed digital programme developed by King’s College London to boost employee resilience and mental well-being through evidence-based online training. A spokesperson said, “Muuvment, the AI-powered platform revolutionising sustainability and organisational resilience, proudly announces the launch of Muuvment... Read more of this article
