Category: Business
Bermuda Stock Exchange Report: May 13 2020
May 13 saw 12,137 shares trade on the Bermuda Stock Exchange, valued at $27,415.10 BD. 12,137 shares were traded by Argus Group Holdings Ltd, closing even at $2.25 per share. The BSX finished at 1,597.44, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Consumer Price Index: Inflation Decreased 0.1%
Consumers paid 0.9% more in February 2020 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI] and the level of inflation decreased 0.1 percentage point from January 2020. Minister for the Cabinet Office Wayne Furbert said, “In February 2020 consumers paid 0.9 percent more for the CPI basket of goods... Read more of this article
Initiative Aims To Support Restaurant Workers
‘Serving the Servers,’ an initiative intended to support Bermuda’s restaurant workers, has been launched in partnership with the Chamber of Commerce. A spokesperson said, “Serving the Servers, an initiative intended to support Bermuda’s restaurant workers, was today launched in partnership with The Bermuda Chamber of Commerce. “Individuals... Read more of this article
TLC Offers Privacy Officer Certificate Courses
The TLC Group is offering Privacy Officer Courses starting this Friday [May 15]. A spokesperson said, “Are you currently unemployed or on reduced hours due to Covid-19 and wondering what to do next? Are you creative, open-minded, forward-thinking, have an interest in compliance, ethics or business analysis? If so, there could be exciting career... Read more of this article
Column: Commercial Rental Leases & Covid-19
[Written by Francesca Fox and Oliver Goodwin. Conyers] Covid-19 has clearly had a huge impact on both landlords and tenants of commercial premises. In this article we aim to deal with queries that both landlords and tenants may have in respect of their obligations and liabilities under their leases and related insurance claims. This is intended as general... Read more of this article
Bermuda Stock Exchange Report: May 12 2020
May 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,597.44, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF] Related Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report:... Read more of this article
Zurich & Z Zurich Foundation Donate $160,000
Zurich Bermuda and the Z Zurich Foundation, Zurich Insurance Group’s charitable Foundation, have together donated $160,000 to support the community during the Covid-19 crisis. A spokesperson said, “Donations have been made in several areas: to support the KEMH fund for the purchase of emergency medical equipment, particularly personal protection... Read more of this article
BDA & Captive Review To Host Symposium
The Bermuda Business Development Agency [BDA] has teamed up with Captive Review to host a virtual symposium on Thursday [May 14] at 1.00pm to “discuss the future of the captive market and Bermuda’s role as the world’s leading captive domicile.” A spokesperson said, “The virtual symposium is free-to-join and will give participants... Read more of this article
Somers Limited Announces Financial Results
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced financial results. The filing stated: Somers Limited, a financial services investment holding company, announces its results for the quarter and six months ended March 31, 2020. Overview of the half year ended March 31, 2020: Net asset value [NAV] per share of $15.73 as at... Read more of this article
Bill To Allow Pension Withdrawals Up To $12K
[Updated with PDF] The House of Assembly passed legislation, which will enable a person under the age of 65 who participates in a private, defined contribution pension plan or local retirement product, to voluntarily withdraw up to $12,000, the Deputy Premier explained, with the Bill set to head to the Senate tomorrow. Speaking at last night’s [May... Read more of this article
Kori Hypolite Launches Equilateral Studio
After a decade of studying design, Kori Hypolite has launched her own creative agency, Equilateral Studio, which “supports companies within the global wellness market to implement brand strategy and provide design services.” “The studio comprises a small international team of creatives who work remotely from all over the world, including,... Read more of this article
Bermuda Stock Exchange Report: May 11 2020
May 11 saw 14,500 shares trade on the Bermuda Stock Exchange, valued at $95,210.00 BD. 10,000 shares were traded by Argus Group Holdings Ltd, closing up 9.8% at $2.25 per share, while the other 4,500 shares were traded by BF&M Ltd, closing down 1.5% at $16.00 per share. The BSX finished at 1,597.44, up 0.13% on the day. There was 1 advance, 1 decline,... Read more of this article
