Hashtag: #BermudaBusiness
Bermuda Stock Exchange Report: Nov 16 2016
November 16 saw 30,900 shares trade on the Bermuda Stock Exchange, valued at $156,705.00 BD. 28,100 shares were traded by KeyTech. Ltd, closing up 14.0% at $2.85 per share, while another 2,600 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.1% at $29.00 per share. 200 shares were traded by Ascendant Group Limited, closing down 2.6%... Read more of this article
Ministry: 2016/17 First Half Fiscal Performance
The Ministry of Finance today reported on the 2016/17 First Half Fiscal Performance and provided an updated Economic Review for 2016, saying that revenues for the six months ending September 2016 are $491.9 million; while current expenditures, excluding debt service, for the first six months ending September 2016 are $471.8 million. The full statement... Read more of this article
Clarien Bank Launches GiveBack Programme
Clarien Bank Limited has launched its 10th annual Holiday GiveBack Programme and encouraged its employees, customers and the community at large to celebrate the season of giving by making donations that will again benefit Meals on Wheels. The Clarien Foundation will match, to a capped amount, all donations made between November 21 and December 31 through... Read more of this article
Column: How To Time Your Retirement
[Written by Carla Seely] The answer to this question is not simple, we approach retirement with a lifetime of experience but at the same time we have no idea what to expect. Making the transition to retirement with confidence requires careful attention and planning. Ask any two individual’s to describe their experience as they prepared for retirement... Read more of this article
Bermuda Motors To Host “Eco Auto Show”
Bermuda Motors is getting set to present The Eco Auto Show on Saturday, November 19 at Bull’s Head Car Park, offering the opportunity to “check out the latest in auto technology.” Taking place from 10.00am to 3.00pm, the event will showcase Bermuda Motors’ range of electric and hybrid vehicles, including the BMW i3, the Kia Soul... Read more of this article
Argo Declares $0.22 Quarterly Cash Dividend
Bermuda-based Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, has declared a quarterly cash dividend of $0.22 per share on the company’s common stock. The dividend will be paid on December 15, 2016, to shareholders of record on December 1, 2016. Related Stories Argo Shareholders... Read more of this article
Bermuda Stock Exchange Report: Nov 15 2016
November 15 saw 5,551 shares trade on the Bermuda Stock Exchange, valued at $155,847.60 BD. 5,551 shares were traded by Bank of N.T. Butterfield Ltd, closing up 4.2% at $28.40. The BSX finished at 1,788.85, up 2.98% on the day. There were 2 advance, 0 declines, and 62 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
BSX Joins World Federation Of Exchanges Board
The Bermuda Stock Exchange [BSX] has been appointed to the Board of Directors of the World Federation of Exchanges [WFE], the global association that represents more than 200 market infrastructure providers including exchanges and central counterparty clearing houses [CCPs]. The position means that BSX President and CEO Greg Wojciechowski, will be... Read more of this article
Free Session For Beach Economy Entrepreneurs
The Bermuda Tourism Authority [BTA], in cooperation with the Bermuda Chamber of Commerce, will host a free lunch and learn session for entrepreneurs looking to know more about the local beach economy. It will take place Monday, November 21, 2016 from 12:30pm to 1:30pm at the Chamber of Commerce. Earlier this month, the BTA released part of its Beach... Read more of this article
Life Sciences Moves Head Office To Bermuda
SELLAS Life Sciences Group — a biopharmaceutical company focused on developing immunotherapeutic products to treat a variety of cancers — has moved its head office from Switzerland to Bermuda. The company said, “SELLAS Life Sciences has made its first local hires, including the Chief Financial Officer, and intends to continue to build... Read more of this article
Nearly 340 People Attend Bermuda Convergence
On November 9 and November 10, close to 340 attendees from 13 different countries arrived at the Hamilton Princess for Bermuda Convergence 2016, a networking event covering the alternative reinsurance, ILS and collateralised reinsurance landscape. A spokesperson said, “Initial feedback from delegates and sponsors indicates Convergence 2016 was... Read more of this article
‘Re/insurers Should Be Proud Of Performance’
Reinsurance leaders shared their views with more than 270 industry professionals at the annual PwC – S&P Global Bermuda Reinsurance conference on November 8, with CEOs saying the island’s reinsurance market “should be proud of its performance.” Matthew Britten, PwC Bermuda insurance partner, said, “I think what I heard on Tuesday... Read more of this article
