Category: Business
2019 Second Quarter Gross Domestic Product
Today [Nov 6], the Minister for the Cabinet Office Wayne Furbert, released the Quarter 2, 2019 Quarterly Gross Domestic Product [GDP] publication from the Department of Statistics. The Minister explained, “After adjusting for inflation, the GDP in constant prices for the second quarter increased 4.3 per cent. The growth in the second quarter was driven... Read more of this article
Xtreme Sports To Open Fun Zone On Friday
Xtreme Sports Bermuda will open the ‘Xtreme Sports Fun Zone’ this Friday [Nov 8] in St Davids, with the facility set to feature a Nerf Gun arena, indoor skating rink, Slime Zone Lab, and more. A spokesperson said, “Xtreme Sports Bermuda, hosts of the annual Xtreme Sports Corporate Games and Life Size Inflatable Sports rentals will... Read more of this article
Dr Kyjuan Brown Launches New Product Line
Award-winning physician Dr. Kyjuan Brown, is aiming to inspire Bermudians of all ages to reach for their dreams – no matter how high they may seem – after accomplishing another professional milestone by launching his new line of hair growth products, available locally and internationally. “The Dr. Brown’s Laboratory product line... Read more of this article
Hamilton Establishes Cyber Team, New Product
Hamilton Insurance Group, Ltd. announced the launch of a new team of underwriters at the recently-acquired Pembroke Managing Agency Limited [Pembroke] and the development of a new cyber product. Pembroke’s four-person cyber team is led by Divisional Director Jacqueline Spencer-Sim [pictured]. Ms. Spencer-Sim is joined by Senior Underwriter Iain Ainslie,... Read more of this article
Hurricane Alley Entertainment Centre Opens
Hurricane Alley – which dubs itself as “Bermuda’s premier indoor entertainment centre in the heart of Hamilton” – is now open, offering an number of games, a café, licensed bar, catering services, and more. The entertainment available at Hurricane Alley includes golf, virtual reality, table tennis, karaoke, darts, gaming,... Read more of this article
BUEI To Hold Harbourside Market On Nov 16
The Bermuda Underwater Exploration Institute [BUEI] will hold a Harbourside Market event on Saturday, November 16 from 10.00am until 4.00pm at 40 Crow Lane in Pembroke. The free event will feature more than 40 vendors offering holiday gifts, as well as a raffle draw at 4.00pm, photos with Santa from 11.00am to 12.30pm, free movies, baked goods, soup,... Read more of this article
Column: “Committed To Investing In The Island”
[Opinion column written by Algonquin CEO Ian Robertson] When Algonquin Power & Utilities Corp. [Algonquin] was founded in 1988 to develop and own generating stations in mostly remote regions of Canada, it was imperative to build and maintain strong relationships with the communities in which we operate, primarily through job creation, excellent... Read more of this article
White Mountains Reports Third Quarter Results
White Mountains Insurance Group, Ltd. reported book value per share of $1,003 and adjusted book value per share of $1,005 as of September 30, 2019. Book value per share and adjusted book value per share both increased 2% in the third quarter of 2019. Book value per share and adjusted book value per share increased 12% and 13% in the first nine months... Read more of this article
Argo Group Issues $0.31 Cash Dividend
Argo Group International Holdings, Ltd. announced that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on December 13, 2019 to shareholders of record on November 29, 2019. Related Stories Argo Shareholders Approve Proposed Merger Argo To Sell Lloyd’s Syndicate... Read more of this article
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 Dec 2025 Butterfield Share Repurchases For Nov 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
