Category: Business
New Maternity & Paternity Leave Laws In Effect
The new law which allows for 13 weeks of paid maternity leave and 5 days of paid paternity leave is now in effect. The Government posted the image below, which states: “All businesses should note that the Employment [Maternity Leave Extension and Paternity Leave] Amendment Act takes effect on Wednesday, January 1, 2020. “The amendments extends... Read more of this article
Borr Drilling Appoint Glass As Board Director
Borr Drilling Limited announced the appointment of Mr. Neil Glass as a new director of the Board. Mr. Glass graduated from the University of Alberta in 1983 with a degree in Business. He is a member of both the Chartered Professional Accountants of Bermuda and of Alberta, Canada, and is a Chartered Director and Fellow of the Institute of Directors.... Read more of this article
Photos: Farmers Market At Botanical Gardens
[Updated with video] Locally grown produce, baked goods, popcorn, healthy beverages, flowers, and handmade goods are among the offerings at the Bermuda Farmer’s Market at the Botanical Gardens, which is being held today [Jan 4] until 1.00pm. The market opened this morning with a steady arrival of shoppers looking to purchase fresh food, and the... Read more of this article
Shipping Schedule: Week Starting January 4
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday January 4th. On Monday the Oleander container ship is expected, on Tuesday the Somers Isles container ship will arrive, and on Thursday the Bermuda Islander container ship is scheduled to arrive. The weekly shipping schedule,... Read more of this article
LOM Financial December Share Repurchase
In a filing with the Bermuda Stock Exchange [BSX], LOM Financial Limited announced that the Company purchased a total of 59,400 shares at an average price of $2.7562 for cancellation during December 2019, pursuant to Regulation 6.38 of the BSX Listing Regulations. “LOM is authorised to purchase shares from time to time in the open market, or privately... Read more of this article
St. George’s Christmas Window Display Winners
The Bermuda Economic Development Corporation, in collaboration with the St. George’s Rotary and the Corporation of St. George, announced the winners of the annual St. George’s Window Display Contest, which began on November 30th during the Lighting of the Town Event. According to BEDC Micro Small & Medium Enterprise Officer, Dennis Carter,... Read more of this article
Guy Carpenter On Reinsurance Renewal
Guy Carpenter released its initial view of the January 1, 2020 reinsurance renewal. A spokesperson said, “Reinsurance renewals at January 1, 2020 were shaped by deteriorating loss experience, a lack of new capital inflows and increasingly challenged environments in the primary insurance and retrocession markets, according to Guy Carpenter &... Read more of this article
Argo Enters Into Agreement With Voce Capital
Argo Group International Holdings has “entered into a cooperation agreement with Voce Capital Management LLC to effect changes to the composition of Argo’s Board of Directors.” “Pursuant to the agreement and the Company’s ongoing process of Board refreshment, Carol A. McFate will join the Company’s Board of Directors, subject... Read more of this article
Column: Writing A Vacation Rental House Manual
[Column written by Ade Brown] Do you often have guests that message you with questions about the best ways to get to and from the airport? How about renting scooters? If so, you know how much time it takes to write to individual guests and answer their questions. So what do you do? First, use automated responses on your channel bookings apps. This can... Read more of this article
Bermuda Stock Exchange Report: Jan 2 2020
January 2 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,404.48, even on the day. There were 1 advance, 0 declines, and 54 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article
Google To End ‘Double Irish, Dutch Sandwich’
Google will no longer use an intellectual property licensing scheme, known as the ‘Double Irish, Dutch sandwich’, according to numerous international media reports. The Reuters report said, “Google parent Alphabet [GOOGL.O] will no longer use an intellectual property licensing scheme, known as the ‘Double Irish, Dutch sandwich,’... Read more of this article
Hamilton Re Invites Summer Intern Applications
Hamilton Re, Ltd., the Bermuda-based insurance and reinsurance operations of Hamilton Insurance Group, Ltd., is inviting applications from students entering their junior year of university for admission to its 2020 summer intern programme. Entering its sixth year, the internship programme offers two undergraduate students the opportunity to spend eight... Read more of this article
