Hashtag: #BermudaBusiness
Ocean Rock Wellness Welcomes Dr Simmons
Ocean Rock Wellness has announced the addition of Dr. Cocy-Lynne Simmons to its team of experienced practitioners. A spokesperson said, “Bermuda’s favorite wellness team is excited to announce the addition of Dr. Cocy-Lynne Simmons, BSc[Hons], ND., to our team of experienced practitioners. With a passion for holistic health and a commitment to patient-centered... Read more of this article
Monetary Authority Release 2025 Business Plan
The Bermuda Monetary Authority has released its Business Plan for 2025. A spokesperson said, “This plan outlines the BMA’s commitments to enhancing Bermuda’s regulatory framework in the coming year and emphasises the continued goal of ensuring that the Authority operates as an effective and efficient organisation. “Several notable... Read more of this article
Walkers Appoints Joe Williams
Walkers has welcomed Joe Williams as Senior Counsel to its Bermuda Finance team. A spokesperson said, “Joe joins us as an accomplished practitioner with many years of experience in advising across a broad portfolio of corporate, finance and funds matters. With special experience supporting fund financing and general banking transactions, acting... Read more of this article
Shipping Schedule: Week Starting Jan 18
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, January 18th. On Saturday the Northumberland container ship is expected, on Monday the R/V Neil Armstrong research vessel will arrive, on Tuesday the Oleander container ship and the Somers Isles container ship are scheduled... Read more of this article
Bermuda Stock Exchange Report: Jan 17 2025
January 17 saw 1,280 shares trade on the Bermuda Stock Exchange, valued at $28,220.00 BD. 280 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.1% at $36.50 per share, while another 1,000 shares were traded by BF&M Ltd, closing at an even $18.00 per share. The BSX finished at 2,505.77, up 1.70% on the day. There was 1 advance,... Read more of this article
Bermuda Stock Exchange Report: Jan 16 2025
January 16 saw 13,296 shares trade on the Bermuda Stock Exchange, valued at $239,620.00 BD. 16 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $35.75 per share, while another 13,280 shares were traded by BF&M Ltd, closing at an even $18.00 per share. The BSX finished at 2,463.80, even on the day. There were 0 advances, 1... Read more of this article
Feb 3 – 28: Clocktower Mall Temporary Closure
The Bermuda Land Management Corporation [BLMC] announced the temporary closure of the Clocktower Mall from Monday, February 3 to Friday, February 28, 2025, with reopening scheduled for Saturday, March 1, 2025. Rebecca Martin, Marketing & Events Manager, at BLMC and spokesperson stated “We’d like to announce that the mall will be temporarily... Read more of this article
AXA XL Launches New Wage & Hour Policy
AXA XL’s Bermuda Professional Lines Business has launched a new Wage & Hour [W&H] policy to help mid-sized employers in the U.S. manage rapidly escalating risks. A spokesperson said, “The Bermudiana policy, named after the location of AXA XL’s office in Bermuda, offers a full range of indemnity and defence W&H coverage to help mid-sized... Read more of this article
New ‘Luscar Place’ Building Planned
Rego Sotheby’s International Realty announced the pre-lease of a planned 130,000 square foot commercial project being developed by the Green Family called ‘Luscar Place’, stating that “the seven-story building will begin construction early 2025, with an innovative design that emphasizes energy efficiency, with base building delivery... Read more of this article
Bermuda Stock Exchange Report: Jan 15 2025
January 15 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,463.80, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 17 2025 Bermuda Stock Exchange Report: Jan 16 2025 Bermuda Stock Exchange... Read more of this article
Bacardi Donates $100K To California Fire Relief
Bermuda headquartered Bacardi Limited will be donating $100,000 to the American Red Cross to help people affected by the 2025 California wildfires following massive destruction in the area. A spokesperson said, “In addition, the family-owned company is mobilizing pallets of water to assist first responders on the front lines. Separate from this donation,... Read more of this article
Elementum Launches Enhanced Yield Strategy
Elementum Advisors, LLC, an alternative investment manager specializing in collateralized natural catastrophe event reinsurance investments, today announced it has “launched a new strategy, expanding the firm’s higher-yield strategy complement.” A spokesperson said, “The new strategy, which launched on 1 January 2025 across multiple... Read more of this article
