Category: Business
Alpha, Arcanum Launch Blockchain VC Fund
Asset management firms Alpha Innovations [AI] and Arcanum Capital [Arcanum] announced the launch of the Arcanum Emerging Technologies Fund I on the Alpha Innovations Laureates fund platform. According to the company, “The fund is focused on providing seed and series A financing to blockchain technology companies in emerging markets.” “We... Read more of this article
BTA ‘Recalibrate & Recover’ Forum On Feb 19
The Bermuda Tourism Authority [BTA] will be hosting their ‘Outlook Forum Recalibrate & Recover’ on Friday [Feb 19] from 3.30pm to 5.30pm. The Roundtable Premier David Burt, Minister of Tourism W. Lawrence Scott, Minister of Transport Glenn Jones, Interim CEO, BTA Erin Smith, Chief Information Officer, BTA Dr. Carika Weldon, Science... Read more of this article
Argo Group Reports 2020 Fourth Quarter Results
Argo Group International Holdings announced financial results for the three months and year ended December 31, 2020. Argo reported a fourth quarter 2020 net loss attributable to common shareholders of $19.7 million or $[0.57] per diluted common share, compared to a net loss attributable to common shareholders of $103.3 million or $[3.01] per diluted... Read more of this article
Bermuda Stock Exchange Report: Feb 17 2021
February 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,291.75, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange... Read more of this article
IoD Appoints Danielle Riviere & Shirlene White
The Institute of Directors Bermuda [IoD] announced the appointment of Danielle Riviere as Executive Director and Shirlene White as Member Engagement Executive with immediate effect. Rochelle Simons, Chairwoman, IoD Bermuda said, “We are delighted to welcome Danielle Riviere and Shirlene White as the new IoD Bermuda operations team. “We are excited... Read more of this article
Rosewood Recognized As Top Resort
Rosewood Bermuda has been named the #1 hotel in Bermuda by U.S. News & World Report, as well as receiving a four-star rating from Forbes Travel Guide Star Awards. A spokesperson said, “On February 2, U.S. News & World Report awarded Rosewood Bermuda, the island’s premier luxury resort, with a Silver Badge and ranked the property as the... Read more of this article
Diamond Standard Launch Coin Offering
Diamond Standard announced that they have commenced sales of the Diamond Standard Coin, the “first and only regulator-approved diamond commodity.” “Enabling the offering, Diamond Standard announces the issuance of a regulatory license from the Bermuda Monetary Authority, and a $15-million investment round led by Horizon Kinetics,”... Read more of this article
15th Meeting Of Financial Policy Council Held
The Financial Policy Council [FPC] held its fifteenth meeting on December 3rd 2020 via teleconference. All members were able to participate on the call. “The meeting focused on pathways to sustainable growth in Bermuda, discussing both risks and opportunities emerging from the new economic conditions created domestically and globally by the Covid-19... Read more of this article
Monument Re & Charles Taylor Transaction
Monument Re announced that it has completed the acquisition of the Charles Taylor Group’s Isle of Man life and investment operations, following receipt of regulatory approval from the Isle of Man Financial Services Authority and non-objection from the Bermuda Monetary Authority. LCL International Life Assurance Company Limited has been renamed Monument... Read more of this article
BDA To Participate In World Captive Forum
The Bermuda Business Development Agency announced its sponsorship and participation in the 2021 Virtual Business Insurance World Captive Forum, which will be held on February 24-25. A spokesperson said, “As a platinum sponsor of the forum, the BDA will put the spotlight on Bermuda’s role as the world’s leading captive domicile, facilitate... Read more of this article
Bermuda Stock Exchange Report: Feb 16 2021
February 16 saw 92,227 shares trade on the Bermuda Stock Exchange, valued at $1,976,297.75 BD. 3,227 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.8% at $33.25 per share, while another 89,000 shares were traded by BF&M Ltd, closing at an even $21.00 per share. The BSX finished at 2,291.75, up 0.59% on the day. There was 1... Read more of this article
Photos: MoonGate Gives Back On Valentine’s Day
Following a successful campaign last year, MoonGate Group once again distributed its “We Care Packages” to vulnerable persons in the community this Valentine’s Day, with the company increasing the number of packages from 100 to 150, expanding the contents, and provided them in a waterproof tote-bag. The company noted that they appreciated the... Read more of this article
