Hashtag: #BermudaBusiness
Shipping Schedule: Week Starting November 18
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday November 11th. On Monday the Oleander container ship is expected, on Tuesday the Somers Isles container ship will arrive, and on Thursday the Bermuda Islander container ship is scheduled to arrive. The weekly shipping schedule,... Read more of this article
Easterly Joins Forces With White Mountains
Easterly Partners Group, an asset management holding company that owns stakes in third-party asset management businesses and assists them with strategic growth, and White Mountains Insurance Group, Ltd., a Bermuda-domiciled financial services holding company with approximately $3.6 billion in assets, announced that they have entered into a strategic... Read more of this article
Bermuda Stock Exchange Report: Nov 17 2017
November 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,188.35, even on the day. There were 0 advances, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda... Read more of this article
Photos: DOE Holds Electric Vehicle Showcase
The Department of Energy [DOE], in collaboration with Bermuda’s leading electric vehicle distributors, entrepreneurs and enthusiasts, hosted the Island’s first free, multi-vendor Electric Vehicle Showcase yesterday [Nov 16] at the Regency Terrace of the Hamilton Princess and Beach Club. The public were invited to view some of the latest electric... Read more of this article
Rosewood Resort To Close For $25M Renovation
On January 2nd, 2018, Rosewood Bermuda — formerly known as Rosewood Tucker’s Point — will close to “undergo a comprehensive $25 million re-imagination”, which will include a redesign of the guestrooms, Beach Club, Golf Clubhouse and Spa, as well as “enhanced meeting space” and “elevated food and beverage outlets,”... Read more of this article
PartnerRe Reports Q3 & Nine Month Results
Bermuda-based PartnerRe Ltd. reported a net loss available to common shareholder of $84 million for the third quarter of 2017 compared to net income of $240 million for the same period of 2016. Net income or loss available to common shareholder includes net realized and unrealized investment gains of $61 million in the third quarter of 2017 compared... Read more of this article
Bermuda Stock Exchange Report: Nov 16 2017
November 16 saw 2,996 shares trade on the Bermuda Stock Exchange, valued at $84,614.00 BD. 1,834 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $37.00 per share, while another 1,162 shares were traded by Somers Limited, closing even at $14.50 per share. The BSX finished at 2,188.35, even on the day. There were 0 advances, 0 declines,... Read more of this article
AM Best: Profits Could Drop To Six-Year Low
A catastrophe-ridden 2017 could drive the overall profitability level for A.M. Best’s composite of global reinsurers to a six-year low, according to a new Best’s Briefing. The briefing, titled, “Global Reinsurance – Where Have All the Losses Gone?” projects an estimated combined ratio of 110% for this sector, with return on equity [ROE] ranging... Read more of this article
Retail Sales Increase 4.7% In August 2017
Retail sales in August 2017 increased 4.7% above the $94.1 million recorded in August 2016 and when adjusting for the annual retail sales rate of inflation – measured at 2.2% in August – the volume of retail sales increased 2.5%, according to the recently released Retail Sales Index. “Building materials and hardware stores recorded the... Read more of this article
First Atlantic Expands Reach In Central America
First Atlantic Commerce [FAC], a global online payments technology company, announced its expansion of online card processing services across Central America. The Bermuda-based, Level 1 PCI compliant payment gateway can now offer payment solutions to merchants in Costa Rica, Honduras, El Salvador, Guatemala and Nicaragua through a new integration to... Read more of this article
Bermuda Stock Exchange Report: Nov 15 2017
November 15 saw 26,500 shares trade on the Bermuda Stock Exchange, valued at $ 943,625.00 BD. 24,900 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $37.00 per share, while another 1,100 shares were traded by BF&M Ltd, closing even at $18.50 per share. 500 shares were traded by Argus Group Holdings Ltd, closing up 2.6%... Read more of this article
Nonna’s Kitchen Offering New Takeaway Service
A popular café has started a new line in ‘made to order’ takeaway meals. “Everyone is so busy,” said Katerina Smith, the owner of Nonna’s Kitchen, on Bermudiana Road. “Parents are so busy taking children to school, picking them up, taking them to events and after school activities. “It does not leave much time to cook a healthy... Read more of this article
