Hashtag: #BermudaBusiness
Bermuda Stock Exchange Report: Jan 26 2018
January 26 saw 1,010 shares trade on the Bermuda Stock Exchange, valued at $4,300.00 BD. 1,000 shares were traded by Argus Group Holdings Ltd, closing down 1.3% at $3.90 per share, while another 10 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $39.50 per share. The BSX finished at 2,293.25, down 0.04% on the day. There were 0 advances,... Read more of this article
David Cohen To Lead Aspen Insurance Segment
In a filing with the Bermuda Stock Exchange [BSX], Aspen Insurance Holdings Limited announced today that David Cohen, President and Chief Underwriting Officer of Aspen Insurance, will lead the day-to-day management of the Insurance business, reporting to Group Chief Executive Officer, Chris O’Kane.” Chris O’Kane said: “David joined Aspen in... Read more of this article
Environment Department On Recent Oil Leak
The oil spill “was not evident at sea the next day having drifted to the north,” and “we were very lucky that the conditions were very helpful to deploy and recover boom and that the wind was off-shore,” the Department of Environment and Natural Resources [DENR] said following the oil leak earlier this week at the St George’s... Read more of this article
Video: “Taking Off” Highlights New Terminal Site
Skyport has released the fifth episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport redevelopment project, with this week’s video highlighting the site of the new terminal. Speaking in the fifth episode, Mikaela Pearman said, “If you’ve driven by the airport lately, you’ve likely seen site of the... Read more of this article
AM Best Upgrades Somerset Re ICR Ratings
A.M. Best has upgraded the Long-Term Issuer Credit Rating [Long-Term ICR] to “bbb+” from “bbb” and affirmed the Financial Strength Rating [FSR] of B++ [Good] of Somerset Reinsurance, and the outlook of these Credit Ratings is stable. A statement from the ratings agency said, “The ratings reflect Somerset Re’s balance sheet strength, which... Read more of this article
Bermuda Stock Exchange Report: Jan 25 2018
January 25 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,294.25, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
Changes To Board Of One Communications
In a filing with the Bermuda Stock Exchange [“BSX”], One Communications Ltd. announced board changes, with Charles Jillings stepping down, and Alasdair Younie appointed The filing stated: “One Communications Ltd. hereby announces that effective 24 January 2018 Mr. Charles Jillings has stepped down as a Director of the Company and Mr. Alasdair... Read more of this article
Video: Premier, Minister & Moran In Davos
Premier and Minister of Finance David Burt, Minister of National Security Wayne Caines, and Head of Business Development at the Bermuda Business Development Agency Sean Moran at Hub Culture spoke with Hub Culture while attending a conference in Switzerland. The Premier, Minister and Mr Moran are currently in Davos-Klosters, Switzerland, where the 48th... Read more of this article
Bermuda Stock Exchange Report: Jan 24 2018
January 24 saw 14,500 shares trade on the Bermuda Stock Exchange, valued at $205,248.00 BD. 12,200 shares were traded by Ascendant Group Limited, closing even at $10.00 per share, while another 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $39.50 per share. 300 shares were traded by Somers Limited, closing up 3.6% at $14.50... Read more of this article
Holiday GiveBack Campaign Raises $17,000
Clarien Bank‘s annual Holiday GiveBack Campaign raised more than $17,000 for Meals on Wheels, marking the largest amount ever raised during their GiveBack campaign. Michael DeCouto, Chief Marketing Officer of Clarien Bank, today presented a cheque for $17,033 to Jason Powell, a member of the Board of Directors of Meals on Wheels. Since 2010,... Read more of this article
BMA Co-Vice Chairs For New IAIS Committees
Two members of Bermuda Monetary Authority’s [BMA] senior management team will serve as Co-Vice Chairs [the first time at a Committee level] for the International Association of Insurance Supervisors [IAIS]. The Committees were created as part of a broad IAIS restructure aimed at adapting to emerging needs in global regulation and supervision. Craig... Read more of this article
PwC Global Survey: What Do 1,293 CEOs Think?
A record-breaking share of CEOs are optimistic about the economic environment worldwide, at least in the short term. That’s one of the key findings of PwC’s 21st survey of almost 1,300 CEOs around the world, launched today at the World Economic Forum Annual Meeting in Davos. Fifty seven percent of business leaders say they believe global economic... Read more of this article
