Hashtag: #BermudaBusiness

MS Reinsurance Earns Rating Upgrades

MS Reinsurance Earns Rating Upgrades

MS Reinsurance receives rating upgrades from AM Best and S&P Global Ratings, reflecting improved financial strength and operational performance. A spokesperson said, “MS Reinsurance, the global reinsurer, announced today that the company has received rating upgrades from AM Best and S&P Global Ratings. “On Friday, April 26, 2024,... Read more of this article

Bermuda Stock Exchange Report: April 29 2024

Bermuda Stock Exchange Report: April 29 2024

April 29 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,425.67, 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 Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report:... Read more of this article

AM Best Upgrades Ratings Of MS Amlin AG

AM Best Upgrades Ratings Of MS Amlin AG

AM Best upgraded the Financial Strength Rating to A+ [Superior] and the Long-Term Issuer Credit Rating to “aa-” [Superior] of MS Amlin AG [MS Reinsurance] [Switzerland]. The ratings agency said, “The outlook of these Credit Ratings [ratings] is stable. “The ratings reflect MS Reinsurance’s balance sheet strength, which AM Best assesses... Read more of this article

HSBC Debit Cardholders Get Free 1GB Data

HSBC Debit Cardholders Get Free 1GB Data

HSBC said they are “pleased to be offering a new benefit to our HSBC Visa Platinum debit cardholders which enables them to redeem a 1GB eSIM for 15 days and enjoy global data connectivity.” A spokesperson said, “Download the GigSky app today. These customers will be able to travel the world without incuring data roaming charges and... Read more of this article

Vantage Group Launches U.S. Large Property

Vantage Group Launches U.S. Large Property

Vantage Group Holdings Ltd. have expanded its insurance offerings with the launch of U.S. Large Property. A spokesperson said, “Vantage Group Holdings Ltd. [Vantage] launched today its U.S. Large Property offering through its U.S. insurance subsidiaries, further extending the company’s insurance capabilities for its brokers and clients. “Vantage’s... Read more of this article

AM Best Affirms Excellent Ratings For SiriusPoint

AM Best Affirms Excellent Ratings For SiriusPoint

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] for the rated operating subsidiaries of SiriusPoint Ltd. [SiriusPoint] [Bermuda]. The ratings agency said, “Additionally, AM Best has affirmed the Long-Term ICR of “bbb-” [Good] of SiriusPoint, which is a non-operating... Read more of this article

Shipping Schedule: Week Starting April 27

Shipping Schedule: Week Starting April 27

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 27th. On Saturday the MSC Divina cruise ship and the Wave Sentinel cable layer are expected, on Sunday the Norwegian Gem cruise ship and the Oleander container ship will arrive, and on Monday the Unique Infinity... Read more of this article

Registry General Recognises World IP Day

Registry General Recognises World IP Day

The Registry General joins others in Intellectual Property across the world to celebrate World Intellectual Property Day, an opportunity to explore how intellectual property [IP] is an “opportunity to explore how intellectual property [IP] encourages the growth of creative solutions crucial to building our shared future.” A Government spokesperson... Read more of this article

Bermuda Stock Exchange Report: April 26 2024

Bermuda Stock Exchange Report: April 26 2024

April 26 saw 300 shares trade on the Bermuda Stock Exchange, valued at $9,900.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing up 9.1% at $33.00 per share. The BSX finished at 2,425.67, up 6.47% on the day. There was 1 advance, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF], and the... Read more of this article

Harbour Nights Eco-Friendly Initiatives Unveiled

Harbour Nights Eco-Friendly Initiatives Unveiled

Bermuda Chamber of Commerce, alongside local organizations and the City of Hamilton, unveiled new eco-friendly initiatives for Harbour Nights. A spokesperson said, “The Bermuda Chamber of Commerce is excited to announce significant steps toward making Harbour Nights an eco-friendlier event. These initiatives represent a collaboration with key... Read more of this article

Bermuda Stock Exchange Report: April 25 2024

Bermuda Stock Exchange Report: April 25 2024

April 25 saw 0 shares trade on the Bermuda Stock Exchange, valued at $1,312,443.22 BD. The BSX finished at 2,278.17, 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 Stock Exchange Report: Dec 31 2025 Bermuda Stock Exchange Report: Dec 30 2025 Bermuda... Read more of this article

Industry Bolsters BDA’s Presence At RIMS

Industry Bolsters BDA’s Presence At RIMS

Bermuda-based employees from member companies of the Association of Bermuda International Companies [ABIC] and the Association of Bermuda Insurers and Reinsurers [ABIR] will be attending RISKWORLD 2024, the annual conference of RIMS, the world’s largest risk management community, in San Diego, California. In addition, the Bermuda Reception at RISKWORLD... Read more of this article