Category: Business
BF&M Share Repurchases For August 2019
In a filing with the Bermuda Stock Exchange [BSX], BF&M Limited advised that pursuant to its share repurchase programme, during the month of August 2019 the company repurchased 2,826 common shares at an average price of $17.25. The Company advised the repurchased shares were reserved for issuance. Related Stories Veronica Swan DeGraff Earns BF&M... Read more of this article
Liberty Specialty Announces Two Appointments
Liberty Specialty Markets [LSM] announced the appointment of Alexander Montoya as President of LSM – US, Bermuda and LatAm, effective immediately, and they also announced that Wilhelm Schaugg has joined Mr Montoya’s team. Wilhelm Schaugg, joins LSM as Head of Strategy – US, Bermuda and LatAm, having previously been Head of Commercial Lines... Read more of this article
Markel Launch Lodgepine Capital Management
Markel Corporation announced the launch of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities [ILS] fund manager in Bermuda, together with a reinsurance company, Lodgepine Re. Lodgepine’s initial product offering will be the Lodgepine Fund, a property catastrophe retrocessional investment fund ahead of the 2020... Read more of this article
British Airways Cancel ‘Nearly 100%’ Of Flights
Due to industrial action by the British Airline Pilots Association [BALPA], British Airways have cancelled “nearly 100%” of their flights, including the flights to and from Bermuda today and tomorrow. A statement on the main British Airways website said, “We understand the frustration and disruption BALPA’s strike action has caused... Read more of this article
New Operators Plan Upgrades At Snorkel Park
One of the West End’s most popular attractions is set to be “transformed into a world-class beachfront fun zone under plans by new operators,” WEDCO said, as a group of Bermudian entrepreneurs with “extensive destination management experience have joined forces to run Snorkel Park.” A spokesperson for the group said: “We’re... Read more of this article
MarketPlace Launches Online Ordering Service
The MarketPlace today announces the launch of its online ordering and pick-up service beginning at the Hamilton MarketPlace, with more stores to offer the service before the New Year. The company said, “Grocery shopping has never been easier – or faster! Starting September 9 customers can shop for their groceries online on Marketplace.bm, or... Read more of this article
Princess Nominated For ‘Best Historic Hotel’
Historic Hotels Worldwide announced the finalists for the 2019 Historic Hotels Awards of Excellence, with Bermuda’s Hamilton Princess among the nominees for “Best Historic Hotels Worldwide hotel in the Americas.” Nominees for the Best Historic Hotels Worldwide hotel in the Americas Alfiz Hotel (17th Century) Cartagena, Colombia Hacienda... Read more of this article
Estimated Insured Losses For Hurricane Dorian
AIR Worldwide estimates insured losses for Hurricane Dorian in the Caribbean will be between $1.5 billion to $3 billion. The company said, “Due to Dorian’s track, much of the Caribbean experienced little or no damage outside of the Bahamas. However, in the Bahamas, Grand Bahama and Abaco Island were devastated by Hurricane Dorian; buildings... Read more of this article
Horseshoe Unveil New Brand For Anniversary
Horseshoe, a Bermuda headquartered Insurance-Linked Securities [ILS] service provider in the world, today unveiled its new brand. Andre Perez, Founder and Chief Executive Officer of Horseshoe commented, “As we approach our 15th anniversary, we reflect on our journey, the hard work, passion, focus and discipline that led us to the success we enjoy... Read more of this article
IoD Bermuda October 2019 PD Modules
The Fall series of director development courses have been organized by the Bermuda branch of the Institute of Directors. “In a recent survey of our members, 87 percent said locally offered professional designation courses were very or somewhat important,” said Rochelle Simons, the IoD branch chair. “We are therefore pleased that we will host two... Read more of this article
Matalin & Carville To Speak At BILA Conference
Duelling husband-and-wife political consultants and commentators Mary Matalin and James Carville will be keynote speakers at the upcoming 2019 Bermuda International Life & Annuity [BILA] Conference. Ms Matalin, a conservative from Chicago, served under US President Ronald Reagan, was director of George H. W. Bush’s re-election campaign, an... Read more of this article
Shipping Schedule: Week Starting September 7
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday September 7th. On Saturday the World Spirit vehicles carrier is expected, on Monday the Oleander container ship, the Anthem of the Seas and the Carnival Breeze cruise ships and the Seasalvia oil products tanker will arrive,... Read more of this article
