Category: Business
Conyers Announces Multiple Promotions
Conyers announced a “series of well-deserved promotions that highlight the legal talent and dedication within our firm.” “Newly promoted Directors are William Cooper and Davina Hargun. Anne Campbell, Britt Smith, Sarah Lusher have been promoted to Counsel. Satjivan Aujla, Sophia Collis, Kathleen McBeath and Lauren Pereira have been... Read more of this article
Video: Minister Jason Hayward On Work Permits
“I call on all employers, immigration agencies, and work permit holders to work in partnership with the Department of Immigration to ensure compliance,” Minister of Economy and Labour Jason Hayward said, adding that “a revised 2025 Work Permit Policy will be released in the coming weeks.” Minister Hayward said, “As we navigate... Read more of this article
Bermuda Stock Exchange Report: April 22 2025
April 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,488.44, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 12 2026 Bermuda Stock Exchange Report: Jan 9 2026 Bermuda Stock Exchange Report:... Read more of this article
Helix Underwriting Appoints Kevin Copeland
Helix Underwriting Partners has appointed Kevin Copeland as their Chief Financial Officer, A spokesperson said, “Helix Underwriting Partners Ltd [Helix], the multiline independent Managing General Agent [MGA] based in Bermuda, has appointed Kevin Copeland to the newly-created role of Chief Financial Officer [CFO], effective April 1, 2025. “Mr.... Read more of this article
Bermuda Stock Exchange Report: April 21 2025
April 21 saw 12,500 shares trade on the Bermuda Stock Exchange, valued at $455,000.00 BD. 12,500 shares were traded by Bank of N.T. Butterfield Ltd, closing down 3.6% at $36.40 per share. The BSX finished at 2,488.44, down 2.95% on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
BELCO Launch Ebilling Campaign For Earth Day
BELCO has launched a campaign which aims to get more customers signed up for electronic bills, and all paperless billing customers at the time of the draw next month will be eligible to win a $500 BELCO gift voucher. Win $500 BELCO Gift Voucher A spokesperson said, “Bermuda Electric Light Company Limited [BELCO] today announced the launch of... Read more of this article
Retail Sales Decreased 0.6% In December 2024
After adjusting for the retail sales rate of inflation – measured at 2.2% in December – the overall volume of retail sales index decreased 0.6% when compared to December 2023, according to the recently released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the December 2024 Retail... Read more of this article
December Consumer Price Index: Inflation 2.1%
Consumers paid 2.1% more in December than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of Statistics’ December 2024 Consumer Price Index. “In summary, the annual average percentage was 1.9... Read more of this article
BermudAir Launches Flights To South Carolina
BermudAir has launched a new weekly flight to Charleston, South Carolina, with the inaugural flight landing on Saturday, April 19th. A spokesperson said, “The island of Bermuda and Charleston, South Carolina, are now just a short flight apart, thanks to BermudAir’s newest nonstop service to Charleston International Airport [CHS]. This exciting... Read more of this article
Furtado & Bascome Earn Top Suzuki Honours
Auto Solutions Service Advisors David Furtado and Esther Bascome have been named Suzuki’s Top Service Advisors in the region for the fourth quarter of 2024. A spokesperson said, “Auto Solutions is proud to announce that two of its Service Advisors have been named Suzuki’s Top Service Advisors across the region for Q4-2024. David Furtado... Read more of this article
Proposed Development At Shelly Bay Plaza
Plans have been submitted for a proposed development at the Shelly Bay Plaza on North Shore Road in Hamilton Parish. Part of the documents submitted stated, “The proposed development includes an extension of 13,225 sq. ft. along the north façade, a new 211 sq. ft. electrical room on the east side, and two new containerized refrigeration rack... Read more of this article
AM Best Affirms North End Re’s Rating
AM Best has affirmed North End Re Ltd.’s A- rating with a stable outlook, citing ‘ adequate operating performance, neutral business profile and appropriate enterprise risk management.’ The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-”... Read more of this article
