Category: Business
Shipping Schedule: Week Starting September 14
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday September 14th. On Saturday the Carnival Sunrise cruise ship is expected, on Sunday the Oleander container ship will arrive, and on Monday the Grandeur of the Seas and the Carnival Breeze cruise ships are scheduled to arrive. On... Read more of this article
AM Best Affirms Credit Ratings Of Essent
AM Best has affirmed the Financial Strength Rating of A [Excellent] and a Long-Term Issuer Credit Rating of “a” of the operating subsidiaries of Essent Group Ltd., which are Essent Guaranty, Inc., Essent Guaranty of PA, Inc. [both domiciled in Radnor, PA] and Essent Reinsurance Ltd. [Bermuda] [collectively referred to as Essent]. The outlook of... Read more of this article
Bermuda Stock Exchange Report: Sept 13 2019
September 13 saw 33,212 shares trade on the Bermuda Stock Exchange, valued at $171,859.80 BD. 1,312 shares were traded by BF&M Ltd, closing up 1.1% at $17.90 per share, while another 1,000 shares were traded by Ascendant Group Limited, closing down 1.5% at $32.00 per share. 30,900 shares were traded by One Communications Ltd, closing up 1.3% at... Read more of this article
Sept 25: BEDC To Host “Balancing Act” Seminar
The Bermuda Economic Development Corporation [BEDC] will host Balancing Act, a seminar that will teach business owners and entrepreneurs about the importance of work/life balance on Wednesday, September 25th from 8.30am to 11.00am at The Royal Bermuda Yacht Club. A spokesperson said, “Hungry for success, entrepreneurs can often develop tunnel... Read more of this article
Tourism Minister Thanks Housekeeping Staff
On Wednesday [Sept 11], the Minister of Tourism and Transport Zane DeSilva attended the Coco Reef Bermuda’s annual Housekeeping Appreciation Breakfast, held in recognition of International Housekeeping Week which runs from September 8 – 14. At the event, Minister DeSilva told the resort management and staff, “I thank each and every one of... Read more of this article
AM BestTV: Reinsurance Market Is Evolving
In this AM BestTV episode from the 2019 Les Rendez-Vous de Septembre conference in Monte Carlo, Monaco, reinsurers and related professionals say the reinsurance market is evolving as companies follow a broader, more diversified path. “How insurance-linked securities [ILS] has taken on an increasingly important role within the reinsurance industry... Read more of this article
Sompo & Willis Towers Watson Launch Platform
Bermuda-based Sompo Global Risk Solutions [GRS] has “entered into a strategic partnership” with Willis Towers Watson to “create an integrated insurance platform to serve the needs of the middle market commercial real estate segment.” The company said, “Sompo GRS offers comprehensive multi-line capabilities targeted to accounts... Read more of this article
Bermuda Stock Exchange Report: Sept 12 2019
September 12 saw 6,200 shares trade on the Bermuda Stock Exchange, valued at $23,900.00 BD. 200 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.8% at $30.00 per share, while another 6,000 shares were traded by Argus Group Holdings Ltd, closing down 3.3% at $2.95 per share. The BSX finished at 2,075.74, up 0.45% on the day. There was... Read more of this article
Martha Dismont To Retire From Family Centre
[Updated] Family Centre today [Sept 12] announced that Martha Dismont, the organization’s Founder and Executive Director, has decided to retire effective June 2020. Dr. Sandy De Silva, current Director of Services, has been appointed as Executive Director Designate, to succeed Mrs. Dismont next year. A spokesperson said, “Originally from New... Read more of this article
Video: Bermuda First Press Conference
[Updated] Bermuda First is holding a press conference this morning [Sept 12] to “provide an update and details on the prioritized critical recommendations that are contained in their Phase II Future State Report.” We will have additional coverage later on and in the meantime the live video is below. Update: The live broadcast has concluded... Read more of this article
Hamilton Princess Promotes D’Esta Ascento
Hamilton Princess & Beach Club has promoted D’Esta Ascento to the newly created role of Assistant Director of Engineering. Ms Ascento, a Bermudian, was formerly the Maintenance Manager at the resort. In her new role, she will be responsible for motivating and leading a team of 22 tradespeople and a facilities administrator, ensuring that the physical... Read more of this article
Clarien Bank Welcomes Sean Moran As SVP
Clarien Bank today announced the appointment of Sean Moran as Senior Vice President, Head of Business Development. With more than 20 years’ experience in the financial services industry in Bermuda, Asia and North America, Mr. Moran will be responsible for leading and coordinating Clarien’s business development and sales efforts, primarily for the... Read more of this article
