Hashtag: #BermudaBusiness
Video: A.M. Best TV Interviews Brian Duperreault
Hamilton Insurance Group Chairman and CEO Brian Duperreault spoke with A.M. Best TV on location at the Les Rendez-Vous de Septembre reinsurance conference in Monte Carlo, Monaco. Mr Duperreault said that Hamilton, AIG and Two Sigma Investments are in the early stages of creating a new platform for selling insurance to the small- and medium-size enterprise... Read more of this article
Stevedoring Moved 34,901 Containers In Year
Nearly 35,000 containers were moved by Stevedoring Services on the Hamilton docks during the fiscal 2016 year, with containers weighing up to 60 tonnes each. This was contained in the financial results recently released by Polaris Holding, the parent company of Stevedoring Services, which reported a 12-month profit of $1.38 million or $1.13 per share. Their... Read more of this article
Global Fund Forum Set For October 24-26
Hedge Connection, Inc has announced that their annual alternative investment conference, Global Fund Forum, will return to the Fairmont Southampton in Bermuda with a new and expanded agenda. The event will be held from October 24 to October 26, with registration options “inclusive of a more diverse range of attendees than in years past.” A... Read more of this article
Somers Limited Announces Financial Results
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced its results for the nine months ended June 30, 2016, recording an operating profit both on a quarterly and year to date basis. The filing stated: Somers Limited, a financial services investment holding company, is pleased to announce its results for the quarter and nine months... Read more of this article
Bermuda Stock Exchange Report: Sept 14 2016
September 14 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $38,600.00 BD. 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.3% at $19.30 per share. The BSX finished at 1,351.74, up 0.17% on the day. There was 1 advance, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Modblu Boutique Set To Host Grand Opening
Modblu Boutique said they have been “incredibly happy” with the feedback and turnout since opening in July, and will be hosting a grand opening on Friday, September 23. From 5.00pm to 7.00pm, there will be champagne served, local models greeting people at the door, prizes, and local designer highlights, including Madison Brewer with her... Read more of this article
Premier Dunkley Speaks At Women’s Conference
Premier Michael Dunkley addressed the attendees of the CPA Women’s Leadership Conference, commending the organizers for “bringing together a powerful group of international and local women leaders.” The CPA Bermuda Women’s Leadership Conference is presented by the Chartered Professional Accountants [CPA] of Bermuda and local business partners,... Read more of this article
NBA Legend & Simpsons Writer To Attend Event
One of the National Basketball Association’s top 50 players of all time, entrepreneur Earl “The Pearl” Monroe; and writer Mike Reiss, of TV’s award-winning animated series, The Simpsons, are VIP guests at this month’s World Alternative Investment Summit Bermuda [WAIS Bermuda]. The inaugural September 28–30 event at Fairmont Southampton Resort... Read more of this article
Column: Are You Considering Retiring Overseas?
[Written by Carla Seely] There is a growing trend in Bermuda among people who are ready to retire or who have just retired to head off the island to make the most of cheaper living and/or a more adventurous lifestyle. Whether you are choosing to move to the US or Canada or something a little more exotic like Ecuador or Belize; making sure you plan... Read more of this article
Aspen Prices Public Offering Of $225 Million
Bermuda-based Aspen Insurance Holdings Limited has priced an underwritten public offering of 9,000,000 shares of 5.625% Perpetual Non-Cumulative Preference Shares. The Preference Shares have a liquidation preference of $25 per share [or $225,000,000 in aggregate liquidation preference]. The underwriters have the option to purchase from Aspen up to... Read more of this article
Bermuda Stock Exchange Report: Sept 13 2016
September 13 saw 2,800 shares trade on the Bermuda Stock Exchange, valued at $46,648.00 BD. 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $19.25 per share, while another 200 shares were traded by Somers Limited, closing even at $13.75 per share. 200 shares were traded by BF&M Ltd, closing 4.3% at $17.99 per share, while... Read more of this article
Minister Baron Visits Offices Of RenaissanceRe
Yesterday [Sept 12] National Security Minister Jeffrey Baron visited the offices of RenaissanceRe at Windward Place to discuss Bermuda’s strength, resilience and solid reputation as an offshore centre. The RenaissanceRe meeting is an annual one which brings together the reinsurance company’s executives as well as its Legal, Regulatory and Compliance... Read more of this article
