Category: Business
Butterfield Bank: October Share Repurchases
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of October 2019, the Bank purchased for Treasury 150,000 Common Shares at an average price of $32.58 per share. Related Stories Butterfield Share Repurchases For Nov 2025 Butterfield Share Repurchases For Oct 2025 Butterfield... Read more of this article
Sexual Harassment Prevention Training Offered
Sompo International Holdings has partnered with Traliant to offer discounted sexual harassment prevention training to Sompo International’s qualified commercial management liability clients. The company said, “Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has partnered with... Read more of this article
PartnerRe Dividends On Preferred Shares
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period September 1, 2019 – November 30, 2019 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875... Read more of this article
Athene’s 2019 Third Quarter Financial Results
Athene Holding Ltd, a leading provider of retirement savings products, has announced its financial results for the third quarter 2019. The company said, “”Net income available to AHL common shareholders for the third quarter 2019 was $276 million, or $1.50 per diluted Class A common share [diluted share], compared to net income available... Read more of this article
Bermuda Stock Exchange Report: Nov 5 2019
November 5 saw 2,716 shares trade on the Bermuda Stock Exchange, valued at $89,628.00 BD. 2,716 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $33.00 per share. The BSX finished at 2,207.58, even on the day. There were 0 advances, 0 declines, and 56 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Mark Watson Steps Down As Argo Group CEO
Argo Group International Holdings announced the retirement of Mark E. Watson III as Chief Executive Officer, effective immediately. The Board of Directors has named Kevin J. Rehnberg as Interim Chief Executive Officer, effective immediately and subject to Bermuda regulatory approval, and Argo noted that Mr Watson “will continue to serve as a... Read more of this article
Entrepreneurs Invited To ‘Inspire Bermuda’ Event
The Bermuda Tourism Authority [BTA] is inviting visitor industry entrepreneurs to attend this week’s “Inspire Bermuda” event at Fairmont Southampton. Inspire Bermuda, happening November 8–9, brings together multicultural creatives and entrepreneurs from the United States and Bermuda. It is presented by the Bermuda Economic Development Corporation... Read more of this article
Emergence Event On Financial Close Process
Finance professionals will have a chance to hear from experts in finance transformation next week and learn how they can improve efficiencies in their financial close process. Business applications and technology services firm, Emergence, in partnership with BlackLine, a cloud software solution provider of enhanced finance controls and automation, will... Read more of this article
Sompo Hires Harriet Harty As Executive VP
Sompo International Holdings has appointed Harriet Harty as the Executive Vice President and Chief Human Resources Officer [CHRO] for Sompo International’s Commercial P&C operations. The company said, “Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today... Read more of this article
Digicel Appoints Leslie Rans As New CEO
BTC and Digicel Bermuda have announced the appointment of Leslie J. Rans to the role of Chief Executive Officer. Ms. Rans joins Digicel from Bermuda Aviation Services, where she has been CEO for the last two years and takes over from Paul Stafford who, after two years leading the Bermuda team, is moving to another senior role within Digicel Group. Charles... Read more of this article
Column: The ‘Goldilocks Economy’ In The USA
[Written by Joseph Sroka] Lots of positives stacked up this past week with the Fed lowering short-term interest rates by 0.25%, a stronger than expected employment report, and continued progress on U.S. – China trade. These along with good third quarter earnings reports pushed the S&P 500 into record territory. The Federal Reserve lowered its... Read more of this article
MJM Promotes Brian Holdipp To Counsel
MJM Limited announced the promotion of Brian Holdipp from Senior Associate to Counsel at the firm, with effect from 1st November 2019. Mr. Holdipp works in the Corporate & Finance Department at MJM and has been with the firm for over seven years, after previously working for Conyers Dill & Pearman. Jeremy Leese, MJM Director and Head of the... Read more of this article
