Hashtag: #BermudaBusiness

Mosaic Insurance Marks Employee Milestone

Mosaic Insurance Marks Employee Milestone

Mosaic Insurance is marking a milestone this week, with two new hires sharing 100th employee honours. A spokesperson said, “Emma Denny and Derrieka Johnson have joined the specialist insurer, which launched 18 months ago, on February 4, 2021, and now has a team spanning hubs in Bermuda, London, New York, Chicago, and Toronto, with further offices... Read more of this article

Argus Group Releases 2022 Annual Report

Argus Group Releases 2022 Annual Report

The Argus Group released its Annual Report for the financial year ended 31 March 2022, with the company saying “the report’s theme is More Than Meets The Eye, inviting the reader to take a closer look and learn how Argus is delivering value for shareholders through its accelerated pace of change and growth.” Argus Group Chief Executive... Read more of this article

Bermuda Stock Exchange Report: August 17 2022

Bermuda Stock Exchange Report: August 17 2022

August 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,364.05, even on the day. There were 0 advances, 0 declines, and 65 remained unchanged. The full report for the day is available here [PDF].Related StoriesLOM Company Shares Purchased By Director ‘Active And Significant Year For The BSX’ MIH Acquires 100%... Read more of this article

AXA XL Promotes Michael Perrotti To CUO

AXA XL Promotes Michael Perrotti To CUO

AXA XL Insurance has promoted Michael Perrotti to the role of Chief Underwriting Officer [CUO] for its Marine insurance business in the Americas. A spokesperson said, “Previously Inland Marine Practice Leader for Marine in North America, Mr. Perrotti assumes the CUO role from Anne Marie Elder who will now focus on her role as Global Chief Underwriting... Read more of this article

Harbour Nights Cancelled Due To Weather

Harbour Nights Cancelled Due To Weather

The Bermuda Chamber of Commerce announced that this evening’s [Aug 17] Harbour Nights event has been cancelled due to the weather. A spokesperson said, “The Bermuda Chamber of Commerce would like to inform the public of their decision to cancel Harbour Nights this evening. The Bermuda Weather Service Forecasts rainfall and increased winds for this... Read more of this article

Zyon Minors Earns Polaris Education Award

Zyon Minors Earns Polaris Education Award

Polaris Holding — the parent company to Stevedoring Services and East End Asphalt Company — announced that Ms. Zyon Minors is a recipient of a Polaris Holding Company Ltd. Education Award [PHCLEA]. A spokesperson said, “Ms. Minors is the daughter of Mr. Otis Minors, a Foreman at Stevedoring Services Limited. Zyon is attending the University... Read more of this article

Hanwell, Kuhn & Richardson Win Top Awards

Hanwell, Kuhn & Richardson Win Top Awards

Bermuda Realty Company Limited held a meeting at the Royal Bermuda Yacht Club on Wednesday, August 17 to recognize Professional Services team members and Coldwell Banker Bermuda Realty top agents. A spokesperson said, “Bermuda Realty Company Limited held a company meeting at the Royal Bermuda Yacht Club on Wednesday, August 17 to recognize Professional... Read more of this article

Local Company Involved In Electric Boat Plan

Local Company Involved In Electric Boat Plan

A Bermuda-based company is involved in a plan to “develop a new class of electric waterway vessels, powered entirely by sustainable energy” for use in locations around the world. A spokesperson said, “Renewable Innovations, a firm dedicated to clean, green renewable power solutions, and e-Link Commuting Co. Ltd [eLC], a company transforming... Read more of this article

Bermuda Stock Exchange Report: August 16 2022

Bermuda Stock Exchange Report: August 16 2022

August 16 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,364.05, even on the day. There were 0 advances, 0 declines, and 65 remained unchanged. The full report for the day is available here [PDF].Related StoriesLOM Company Shares Purchased By Director ‘Active And Significant Year For The BSX’ MIH Acquires 100%... Read more of this article

Video: Fairmont Southampton’s 50th Anniversary

Video: Fairmont Southampton’s 50th Anniversary

[Updated with photos & video] Tomorrow [Aug 17] the Fairmont Southampton will mark its 50th anniversary A spokesperson said, “August 17 is an important milestone for Fairmont Southampton, as it celebrates its 50th Birthday. Importantly, it is an opportunity to recognize the significant contribution that the hotel has made to generations of... Read more of this article

Enterprise Bermuda Accelerator Graduation Held

Enterprise Bermuda Accelerator Graduation Held

On August 11th, the Bermuda Economic Development Corporation [BEDC] hosted a graduation dinner for the seventh cohort of the Enterprise Bermuda Accelerator. Minister of Economy and Labour Jason Hayward provided the welcome remarks for the occasion, saying: “Your ability to scale is in alignment with this Government’s objective to build back Bermuda’s... Read more of this article

Wight To Retire On Aug 31, Clifford To Be CEO

Wight To Retire On Aug 31, Clifford To Be CEO

BF&M Limited today announced that John Wight will retire on August 31, and as announced in October 2021, Abigail Clifford will succeed him as Group CEO. A spokesperson said, “BF&M Limited today announced the retirement date of Group CEO, John Wight. Mr. Wight, who became President and CEO of BF&M in 2005, will retire on August 31 of this... Read more of this article

Column: Recession: To Be Or Not To Be?

Column: Recession: To Be Or Not To Be?

[Opinion column written by Bryan Dooley] This is one of those strange times when markets appear to be sending conflicting signals. Specifically, the 15% rebound in the S&P 500 stock index since bottoming in mid-June suggests a light at the end of the economic tunnel. In fact, second quarter corporate earnings came in better than feared and last... Read more of this article