Hashtag: #BermudaBusiness
Nayms Announces Partnership With Coinbase
Nayms announced a partnership with Coinbase, which “aims to empower insurance companies, reinsurance funds, and capital providers by leveraging on-chain technology for seamless insurance transactions.” A spokesperson said, “Nayms, the cutting-edge digital insurance marketplace, is thrilled to announce a groundbreaking collaboration... Read more of this article
Bermuda Stock Exchange Report: May 8 2024
May 8 saw 2,100 shares trade on the Bermuda Stock Exchange, valued at $52,500.00 BD. 2,100 shares were traded by BF&M Ltd, closing at an even $25.00 per share. The BSX finished at 2,532.95, even on the day. There were 0 advances, 0 declines, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Appleby, Skyport Plant 100 Cedar Trees At Airport
Law firm Appleby has partnered with Skyport, the operators of Bermuda’s LF Wade International Airport, in the planting of 100 endemic cedar trees at the airport. A spokesperson said, “The ‘100 Cedar Trees’ planting project was envisioned by Appleby, as a way to give back to Bermuda and to serve as a token of its commitment and contribution to... Read more of this article
REFRESSH Health Center Opens In St George’s
Dr. Kendra-Lee Pearman has opened the REFRESSH Health and Wellness Center in St George’s. A spokesperson said, “A health and wellness educator/coach has opened a haven for individuals seeking to rejuvenate their bodies and minds through natural, holistic practices. “The brainchild of Dr. Kendra-Lee Pearman, PhD, ND, REFRESSH Health... Read more of this article
MDM Appoints Katie Tornari & Christina Herrero
Marshall Diel & Myers Limited [MDM] has appointed commercial litigation lawyer Katie Tornari as the firm’s Managing Director and promoted fellow litigator Christina Herrero to director. A spokesperson said, “The growing firm now has a team of 39, including 19 lawyers, and boasts one of the top litigation teams in Bermuda with an international... Read more of this article
Agam Partners With 26North Reinsurance
Agam Capital collaborated with 26North Reinsurance Holdings to advise and launch AeCe ISA, Ltd., a Bermuda-based life and annuity reinsurer. A spokesperson said, “Agam Capital [Agam], an analytics driven platform strategically partnering with insurance companies to explore opportunities to enhance their financial flexibility, is advising and partnering... Read more of this article
Essent Reports Q1 2024 Results & Dividend
Essent Group Ltd. reported net income for the quarter ended March 31, 2024 of $181.7 million or $1.70 per diluted share, compared to $170.8 million or $1.59 per diluted share for the quarter ended March 31, 2023. Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share. The dividend is... Read more of this article
Maiden Enters Rights Transaction With AmTrust
Maiden Holdings, Ltd. has entered into a renewal rights transaction with AmTrust Nordic AB, a Swedish unit of AmTrust Financial Services, Inc. A spokesperson said, “The transaction is expected to cover the majority of its primary business written through its Swedish subsidiaries, Maiden General Försäkrings [“Maiden GF”] and Maiden Life Försäkrings... Read more of this article
Bermuda Stock Exchange Report: May 7 2024
May 7 saw 3,017 shares trade on the Bermuda Stock Exchange, valued at $105,595.00 BD. 3,017 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.9% at $35.00 per share. The BSX finished at 2,532.95, up 2.16% on the day. There was 1 advance, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Argus: No Share Repurchases In April 2024
In a filing with the Bermuda Stock Exchange, Argus Group Holdings Limited announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no repurchases for the month ended 30 April 2024. Related Stories Argus Reports Earnings & Interim Dividend Argus Group Announces Operating Results Argus: No Share Repurchases... Read more of this article
Bermuda Stock Exchange Report: May 6 2024
May 6 saw 2,949 shares trade on the Bermuda Stock Exchange, valued at $46,672.70 BD. 1,049 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.0% at $34.00 per share, while another 1,900 shares were traded by Argus Group Holdings Ltd, closing even at $6.30 per share. The BSX finished at 2,479.31, up 2.21% on the day. There was 1 advance,... Read more of this article
Aircare Announces Sale On Smoke Detectors
Aircare has announced that the Company is having a sale on Resideo Technologies BRK smoke detectors. A spokesperson said, “The smoke detectors are on sale for 75% off and are now only $20. Customers can purchase them from the Aircare stores department at 25 Serpentine Road and are available while supplies last. “The hard-wired BRK smoke... Read more of this article
