Hashtag: #BermudaBusiness
XL Catlin Promotes Two In US & Bermuda
XL Catlin’s North America Property Insurance business announced two promotions. William Volz has been promoted to Southern California Regional Underwriting Leader in Los Angeles while Mark Flanagan has been appointed Chief Property Underwriter in Hamilton, Bermuda. According to Michele Sansone, President of XL Catlin’s North America Property business,... Read more of this article
Bermuda Stock Exchange Report: Nov 8 2016
November 8 saw 4,988 shares trade on the Bermuda Stock Exchange, valued at $106,108.80 BD. 2,788 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $25.10 per share, while another 1,700 shares were traded by BF&M Ltd, closing down 2.9% at $19.90 per share. 500 shares were traded by Argus Group Holdings Ltd, closing up 2.2% at $4.60... Read more of this article
Bermuda Made Ice Cream On Sale At Dockyard
Something new to “tickle the taste buds” has arrived at the Royal Naval Dockyard, with Bermuda-made and themed ice cream from Alex & Pete’s Bermuda Artisan Ice Cream, which has purchased the BermyBerry yogurt company, now available alongside frozen yogurt. Owner Peter Jovetic said, “The rebranding and renovating has already started... Read more of this article
New Café Owner Plans To Expand Menu
Katerina Smith has achieved a lifetime’s dream of running her own business after taking over a popular Hamilton café, as she has bought Nonna’s on Bermudiana Road, and has plans to expand its menu and make the cafe more vibrant with more variety. Katerina Smith with her staff “I’ve lived in Bermuda for 16 years, but I am originally from Bulgaria.... Read more of this article
PwC, S&P Global Reinsurance Conference
Amid a perfect storm of soft pricing, low investment yields and new industry disruptors, insurance industry leaders will offer their views on the factors re-defining the competitive landscape at the PwC – S&P Global Ratings Bermuda Reinsurance conference on Tuesday, November 8th. This year’s conference, Bermuda’s leading industry event,... Read more of this article
Masterworks One Stop Shopping Craft Fair
Masterworks is inviting the public to attend their annual One Stop Shopping Event on November 12 from 10.00am to 3.00pm. A spokesperson said, “Come on in and shop for one of a kind items from some of the top Craft Vendors on island. We will also be offering face painting, a fun photo booth complete with costumes, Christmas crafts in the classroom,... Read more of this article
Ascendant Share Buyback Program Oct 2016
In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of October 2016 the company repurchased 47,880 common shares at an average price of $6.20. The Company advised the repurchased shares have been reserved for issuance. Related Stories Ascendant Celebrates... Read more of this article
Richard Bennison Joins TMR Board Of Directors
Tokio Millennium Re AG [TMR] announced the appointment of Mr. Richard Bennison to its Board of Directors as an Independent Non-Executive Director with immediate effect. Mr. Bennison has over 35 years of experience in the financial sector. He has spent the majority of his career with KPMG where he most recently held the positions of Chief Operating... Read more of this article
Ashley Fife To Participate In Forums In Italy
Appleby Senior Associate Ashley Fife will be attending the Legal Week International Private Client Forum 2016 in Lake Como, Italy on 10–12 November, and then will be speaking at a STEP Italy meeting in Milan on 14 November. “Legal Week International Private Client Forum is a world-class event uniting the most senior and elite client advisors... Read more of this article
Bermuda Stock Exchange Report: Nov 7 2016
November 7 saw 10,253 shares trade on the Bermuda Stock Exchange, valued at $161,830.30 BD. 5,553 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.4% at $25.10 per share, while another 2,700 shares were traded by Ascendant Group Limited, closing down 6.7% at $6.50 per share. 2,000 shares were traded by KeyTech. Ltd, closing at an... Read more of this article
Webcasts Promote Captive Insurance In Bermuda
The benefit of Bermuda captive insurance companies for major corporations of all industries is the focus of a new series of webcasts produced by Bermuda Business Development Agency [BDA]. Seven videos are being released over the next four weeks explaining what captives are and how they can be used as highly-effective self-insurance vehicles to cut costs... Read more of this article
14 Employees Complete Cylinder Programme
Today Bermuda Gas & Utility Company Limited announced the recent certification of fourteen Bermuda Gas and RUBiS employees, with each of them successfully passed a Composite Cylinder Retesting Training Programme. An overseas LPG composite cylinder expert, Jonas Berglund, was brought in by Bermuda Gas to train and certify the Bermudian team in the... Read more of this article
