Hashtag: #BermudaBusiness

Clarien To Donate 50 Meals For CEO’s 50th

Clarien To Donate 50 Meals For CEO’s 50th

In celebration of Clarien CEO Ian Truran’s 50th birthday today [Nov 26], Clarien will be donating 50 meals to the Family Centre’s clients this afternoon at 5pm.As a father of two, the Family Centre is a charity near and dear to Mr Truran’s heart – and for nearly 20 years now Clarien Bank has been the title sponsor of the non-profit’s annual... Read more of this article

Goslings Offers Papa Seal & New Promotion

Goslings Offers Papa Seal & New Promotion

Papa Seal Single Barrel Bermuda Rum is now available from Goslings, with an ongoing promotion offering the chance to “win one of five bottles of Papa Seal Rum and a behind the scenes tour of Goslings production facility in Hamilton.” A spokesperson said, “Papa Seal Single Barrel Bermuda Rum is an extremely rare release that pays homage... Read more of this article

CG Insurance Office Temporarily Closes

CG Insurance Office Temporarily Closes

CG Insurance said that as one of their employees has been in contact with someone who has tested positive for Covid-19, they will close their Reid Street office for the remainder of the week. A CG spokesperson reports, “It has come to our attention that a CG Insurance employee has been in contact with someone who has tested positive for Covid-19.... Read more of this article

Candles: Penny & Drum Release Holiday Scents

Candles: Penny & Drum Release Holiday Scents

Penny & Drum announced the release of three new scents – Absinthe & Leather, Winter Hearth, and Peiskos – for the 2020 winter season. A spokesperson said, “This Friday, November 27th the Penny & Drum online store will go live with three new scents to compliment the winter season. The launch coincides with a 30% off sale on all... Read more of this article

Bacardi Asks Fans To Join In Conga Remake

Bacardi Asks Fans To Join In Conga Remake

Bermuda headquartered Bacardí rum is “challenging rum fans around the world to find their rhythm and do what moves them through song, dance and the power of “Conga” as part of its latest campaign, Conga Feat. You.” A spokesperson said, “Reimagining the song that catapulted Miami Sound Machine’s Emilio and Gloria Estefan to international... Read more of this article

One Communications Share Repurchases

One Communications Share Repurchases

In a filing with the Bermuda Stock Exchange [BSX], One Communications advised that pursuant to BSX Regulation Section IIA 6.14[2][i], on 23 November 2020, 4,400 shares were repurchased at an average price of $4.05 for immediate cancellation. One Communications also advised that pursuant to BSX Regulation Section IIA 6.14[2][i], on 24 November 2020,... Read more of this article

Bermuda Stock Exchange Report: Nov 25 2020

Bermuda Stock Exchange Report: Nov 25 2020

November 25 saw 30,558 shares trade on the Bermuda Stock Exchange, valued at $369,504.01 BD. 43 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $33.41 per share. 17,000 shares were traded by Argus Group Holdings Ltd, closing up 15.5% at $3.81 per share, while another 7,100 shares were traded by BF&M Ltd, closing up 2.9% at... Read more of this article

Solo Appoints Fiona Bada & Janine Ratteray

Solo Appoints Fiona Bada & Janine Ratteray

Solo Legal Ltd today announced the appointments of Fiona Bada and Janine Ratteray to its legal team as counsel.“Fiona joins the firm having previously worked in a number of offshore jurisdictions. She started her legal career in the British Virgin Islands and also worked in the Cayman Islands before joining the corporate department of a law... Read more of this article

Argo Group Announces Closing Of Ariel Re Sale

Argo Group Announces Closing Of Ariel Re Sale

Argo Group International Holdings Ltd. today [Nov 25] announced the closing of the sale of Ariel Re to Pelican Ventures and J.C. Flowers & Co. “This is an important milestone for Argo Group as we simplify our operations – primarily as a U.S.-focused specialty insurer,” said Chief Executive Officer Kevin J. Rehnberg. “We are pleased to complete... Read more of this article

Narrative Research To Conduct Omnibus Survey

Narrative Research To Conduct Omnibus Survey

Narrative Research Bermuda will be conducting its Bermuda Omnibus survey from November 25 to December 9, with the surveys to be conducted by telephone and online. A spokesperson said, “For more than 20 years, Narrative Research Bermuda has been conducting its Bermuda Omnibus survey with residents every quarter. For the fourth quarter 2020, surveys... Read more of this article

Sonia Baxendale Joins Bank Of Butterfield Board

Sonia Baxendale Joins Bank Of Butterfield Board

Sonia Baxendale has joined the Bank of N.T. Butterfield & Son Limited Board as an Independent Director. A spokesperson said, “Ms. Baxendale is an accomplished executive with extensive retail banking and wealth management leadership experience. “She has held senior leadership roles within Canadian Imperial Bank of Commerce [“CIBC”],... Read more of this article

Bermuda Stock Exchange Report: Nov 24 2020

Bermuda Stock Exchange Report: Nov 24 2020

November 24 saw 6,700 shares trade on the Bermuda Stock Exchange, valued at $115,548.00 BD. 1,100 shares were traded by Bank of N.T. Butterfield Ltd, closing up 5.0% at $33.41 per share, while another 2,500 shares were traded by Somers Limited, closing down 0.6% at $13.91 per share. 2,100 shares were traded by BF&M Ltd, closing down 1.3% at $19.00... Read more of this article

KPMG Aims To Be Net-Zero Carbon By 2030

KPMG Aims To Be Net-Zero Carbon By 2030

KPMG has announced its intention to “become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and communities.” A spokesperson said, “To underpin this goal, the global organisation has signed up to a series of new... Read more of this article