Category: Business
Everest Re Group Announces $1.55 Dividend
Everest Re Group, Ltd. announced that its Board of Directors declared a dividend of $1.55 per share payable on or before March 31, 2021 to all shareholders of record as of March 17, 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 Sell Some Renewal... Read more of this article
Bermuda Stock Exchange Report: Feb 25 2021
February 25 saw 10,000 shares trade on the Bermuda Stock Exchange, valued at $61,600.00 BD. 9,000 shares were traded by Argus Group Holdings Ltd, closing even at $4.40 per share, while 1,000 shares were traded by BF&M Ltd, closing at an even $22.00 per share. The BSX finished at 2,400.39, even on the day. There were 0 advances, 0 declines, and... Read more of this article
IoD Elects 2021 Branch Executive Committee
Institute of Directors Bermuda elected their 2021 Executive Committee Members at its Annual General Meeting today [Feb 25]. A spokesperson said, “The election sees the elevation of a few existing Executive Committee members into new roles, the addition of new members and the departure of familiar faces. “Michelle Cardwell and Sara Schroter... Read more of this article
Advisory: Spam Emails With Fake BELCO Billing
BELCO today [Feb 25] issued an advisory that spam e-mails have been to their customers with fake BELCO billing information. A spokesperson said, “Bermuda Electric Light Company Limited [BELCO] today issued an advisory to customers that within the last 24 hours spam e-mails have been sent from One Communications to our customers with a fake BELCO... Read more of this article
Conyers Black History Essay Contest Winners
Conyers announced the winners of the Black History Month Essay Competition, with Razeeyah Robinson winning first place, McKenzie-Kohl Tuckett winning second place, and Kaelyn Fleming receiving an honourable mention. A spokesperson said, “Conyers is pleased to announce the three prize recipients for the firm’s Black History Month Essay Competition: First... Read more of this article
Skyport Release Flight Schedule For March
Skyport released the flight schedule for March 2021, noting that “Delta will now operate 3x weekly flights to JFK; up from 2x weekly, JetBlue restarts BOS from 28th March and British Airways switches to London Heathrow flights from 30th March.” “Please visit Skyport’s website over the course of the month to check for changes... Read more of this article
Enstar Announces ADC Agreement With AXA
Enstar Group Limited announced today that one of its wholly owned subsidiaries has signed an agreement to provide adverse development cover to AXA XL, a division of AXA. “In the transaction, Enstar’s subsidiary will cover losses incurred on or prior to December 31, 2019 on a diversified mix of global casualty and professional lines for a premium... Read more of this article
Assured Guaranty Declares $0.22 Dividend
Assured Guaranty Ltd – publicly traded Bermuda-based holding company – declared a quarterly dividend of $0.22 per common share, an increase of 10% from the quarterly dividend of $0.20 per common share that was declared on November 2, 2020. The dividend is payable on March 24, 2021 to shareholders of record at the close of business on... Read more of this article
Bermuda Stock Exchange Report: Feb 24 2021
February 24 saw 27 shares trade on the Bermuda Stock Exchange, valued at $938.25 BD. 27 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $34.75 per share. The BSX finished at 2,400.39, even on the day. There were 0 advances, 0 declines, and 58 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Retail Sales Increased 7% In November
After adjusting for the retail sales rate of inflation – measured at 0.9% in November – the overall volume of retail sales increased 7% when compared to November 2019, according to the recently released Retail Sales Index. A Government spokesperson said, “Today the Minister for the Cabinet Office, the Hon. Wayne Furbert, JP, MP, released... Read more of this article
AXIS Re Announces Hiring Of Kavan Tucker
AXIS Re announced the hiring of Kavan Tucker to the AXIS Re Global Markets team as a Senior Mortgage Underwriter, effective March 1, 2021. “We’re delighted to welcome Kavan Tucker to AXIS Re, Global Markets,” said Ann Haugh, Global Markets President for AXIS Re. “Kavan brings nearly 20 years of industry experience to AXIS Re with a background... Read more of this article
BIMA Appoints Grainne Richmond As President
The Bermuda Insurance Managers Association announced that Grainne Richmond has been appointed President. A spokesperson said, “Ms. Richmond, who is Vice President, Strategic Risk Solutions [SRS], takes up her position at the volunteer non-profit organization on March 1, 2021. “She will be joined by Aon’s Alicia Skeete and Artex’s William... Read more of this article
