Category: Business
Fintech Webinar To Be Held On April 11
The Economic Development Department’s next Fintech Webinar, set for April 11, will explore Bermuda’s fintech laws with Appleby partner Jerome Wilson. A Government spokesperson said, “The Economic Development Department [EDD] is pleased to announce the next instalment of its Fintech Webinar Series, taking place on Friday, April 11th at... Read more of this article
Bermuda Stock Exchange Report: April 8 2025
April 8 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,563.99, 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: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article
Clarien Bank Donates More Than $160,000
Clarien Bank has announced its corporate giving for 2025, “with donations surpassing $160,000 to a diverse group of charitable organisations.” A spokesperson said, “Clarien Bank announced today its corporate giving for the year 2025, with donations surpassing $160,000 to a diverse group of charitable organisations. This year’s... Read more of this article
CHTA Advocates Against Proposed U.S. Port Fees
The Caribbean Hotel and Tourism Association [CHTA] is “recommending alternatives to the proposed U.S. port service fees and tariffs,” citing potential harm to Caribbean-U.S. trade and tourism. A spokesperson said, “Pointing to the considerable mutual benefits that tourism brings to both the Caribbean and the United States—particularly... Read more of this article
Minister Lightbourne Meets With BELCO & RA
“As part of the Ministry’s ongoing pledge to engage key industry stakeholders within its remit, the Minister of Home Affairs Alexa Lightbourne recently held productive meetings with the senior leadership of BELCO and the Regulatory Authority [RA],” the government said. A Government spokesperson said, “”During her meeting with... Read more of this article
Somers Share Repurchases For March
Somers Limited, a financial services investment holding company, announces that during the month of March 2025, Somers purchased 1,179,894 of its own common shares at an average cost of $13.88 per share. The BSX filing stated, “The Shares will be cancelled with immediate effect. The number of common shares in issue as at March 31, 2025 was 22,861,221... Read more of this article
Bermuda Stock Exchange Report: April 7 2025
April 7 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,563.99, 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: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article
RA Appoints Richard Ambrosio As Chief Executive
Richard Ambrosio has been officially appointed Chief Executive of the Regulatory Authority of Bermuda, following Board confirmation and after serving as Interim CE since November 2023. A spokesperson said, “The Regulatory Authority of Bermuda [RA] is pleased to announce the appointment of Richard Ambrosio as its Chief Executive [CE], following... Read more of this article
Brit Re Joins ABIR, Stephenson Joins Board
The Association of Bermuda Insurers and Reinsurers [ABIR] has welcomed Brit Re as a new member, with Jonathan Stephenson appointed to the ABIR board of directors. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] is pleased to welcome Brit Re, the Bermuda-based reinsurance platform of Brit Ltd. [Brit], as a new member.... Read more of this article
Abacus Appoints Angel Bucoy & Darlene Friend
Abacus Ltd. has announced the addition of two new team members: Angel Bucoy as Financial Solutions Consultant, and Darlene Friend as Executive Assistant. A spokesperson said, “As Abacus continues to experience significant growth, these strategic hires have been made to ensure the firm continues to provide the highest level of service to its ever-growing... Read more of this article
Bermuda Craft Brewing Wins Silver Medal
Bermuda Craft Brewing has won a silver medal at the Best of Craft Beer Awards in Oregon. The Bermuda Craft Brewing posted the photo online below, saying, “Silver never tasted so good! Our Parish Pilsner takes home the silver medal at Best of Craft Beer Awards in Oregon. “Competing against top breweries from across North America, Parish Pilsner... Read more of this article
BEDC Incubator Program Graduation Ceremony
The BEDC celebrated the graduation of their latest Enterprise Bermuda Incubator cohort, with Janee Pitt, Lornette Furbert, Razia Billoo, Micah, Dana Selassie, Rhea Gibbons, Kendal Trott, Keile Rabain, and Marcus Rewan all completing the program. A spokesperson said, “On Thursday, April 3rd, 2025, the Bermuda Economic Development Corporation [BEDC]... Read more of this article
