Hashtag: #BermudaBusiness

TA Associates Invests In Apex Group

TA Associates Invests In Apex Group

TA Associates, a leading global growth private equity firm, announced a “significant minority investment” in global financial services provider Apex Group Ltd. “Apex is majority-owned by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and... Read more of this article

Condé Nast Traveler Reviews St. Regis Resort

Condé Nast Traveler Reviews St. Regis Resort

Condé Nast Traveler – one of the world’s leading luxury travel publications – recently reviewed Bermuda’s St. Regis Resort. The Condé Nast Traveler website said, “This is rest and relaxation on repeat: Spend a glorious few days parked on this boomerang of perfect pink sand, where the ocean—and a top-notch cocktail—are never... Read more of this article

Shipping Schedule: Week Starting June 19

Shipping Schedule: Week Starting June 19

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday June 19th.On Saturday the Seaboss cargo ship is expected, on Monday the Oleander container ship will arrive, and on Tuesday the Eastern Highway vehicles carrier is scheduled to arrive, and on Friday the Somers Isles container... Read more of this article

S&P Affirms Global Ratings Of IGI Holdings

S&P Affirms Global Ratings Of IGI Holdings

International General Insurance Holdings Ltd. announced that S&P Global Ratings has affirmed its financial strength ratings at A- with a Stable outlook. A spokesperson said, “The ratings apply to IGI’s two subsidiaries International General Insurance Co. Ltd. [Bermuda] and International General Insurance Company [UK] Ltd. “The key... Read more of this article

Bermuda Stock Exchange Report: June 18 2021

Bermuda Stock Exchange Report: June 18 2021

June 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,561.47, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related StoriesBermuda Stock Exchange Report: June... Read more of this article

Clarien & Lindo’s ‘Shop And Earn’ Campaign

Clarien & Lindo’s ‘Shop And Earn’ Campaign

To mark the completion of Lindo’s banking migration to Clarien Bank, there will be a ‘Shop & Earn’ campaign at Lindo’s, with one lucky shopper using either a Clarien Mastercard debit card or a Clarien Visa credit card to win a $1,000 Lindo’s gift voucher. A spokesperson said, “Clarien Bank Limited and Lindo’s Group of Companies... Read more of this article

Over 800 Attend Virtual Captive Conference

Over 800 Attend Virtual Captive Conference

Over 800 guests attended the virtual 2021 Bermuda Captive Conference, held on June 14 and 15, with visitors drawn from over 33 countries and 6 continents. A spokesperson said, “Captive insurance owners, risk managers, brokers, captive managers, service providers, sponsors and vendors from Fortune 500 companies joined Bermuda industry providers... Read more of this article

BSX Closed For National Heroes Day Holiday

BSX Closed For National Heroes Day Holiday

The Bermuda Stock Exchange [BSX] advised that the Exchange will be closed on Monday, 21st, June 2021 in observance of the Bermuda National Heroes Day Public Holiday. The BSX will re-open on Tuesday, 22nd, June 2021. Related StoriesBSX Closed For National Heroes Day Holiday BSX Will Be Closed For National Heroes Day MarketPlace... Read more of this article

EY Launches Wavespace In Bermuda

EY Launches Wavespace In Bermuda

EY announced that it has launched its latest wavespace in Bermuda to “serve as an environment where businesses can harness advanced technologies and stay ahead of disruption.” A spokesperson said, “Companies, governments and other entities can accelerate their transformation by piloting new technologies and exploring innovative solutions... Read more of this article

Bermuda Stock Exchange Report: June 17 2021

Bermuda Stock Exchange Report: June 17 2021

June 17 saw 101,561 shares trade on the Bermuda Stock Exchange, valued at $537,381.95 BD. 101,561 shares were traded by Argus Group Holdings Ltd, closing up 4.4% at $5.01 per share. The BSX finished at 2,561.47, up 0.20% on the day. There was 1 advance, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article

Current Emergency Grant Funding To End

Current Emergency Grant Funding To End

After launching in April, the current phase of the BEDC Covid-19 Emergency Grant Funding will end on June 20th, and the last applications to be considered for support of business impacted during the public health restrictions must be submitted by 11:59 pm on June 19th. A spokesperson said, “The current phase of the BEDC Covid-19 Emergency Grant Funding... Read more of this article

Video: ‘Taking Off’ Highlights Beach Cleanup

Video: ‘Taking Off’ Highlights Beach Cleanup

Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport, with this episode highlighting the beach cleanup. Speaking in the episode, Mikaela Pearman said, “As you may be aware, the property surrounding the LF Wade International Airport has a few beaches, and due to their location,... Read more of this article

Gibbons Appoint Tony Thompson As CEO

Gibbons Appoint Tony Thompson As CEO

The Gibbons Company’s Board of Directors announced that Tony Thompson has been appointed the department store’s next Chief Executive Officer, following the retirement of retail industry veteran Paula Clarke. Mr Thompson will take over the roles and responsibilities as CEO of Gibbons Company when Ms Clarke steps down on July 1. Chairman David Gibbons... Read more of this article