Hashtag: #BermudaBusiness
Maiden Holdings To Sell Swedish Subsidiaries
Maiden Holdings announced the sale of its Swedish subsidiaries, Maiden General and Maiden Life, to a London-based insurance group in an all-cash transaction. A spokesperson said, “Maiden Holdings, Ltd. announced today that it had entered into an agreement to sell its Swedish subsidiaries, Maiden General Försäkrings [Maiden General] and Maiden... Read more of this article
Butterfield Appoints New Registrar & Agent
The Bank of Butterfield has notified the Bermuda Stock Exchange about the appointment of a new Registrar and Transfer Agent for its Bermuda-registered common shares. The filing stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.16 of the Bermuda Stock Exchange Listing Regulations,... Read more of this article
BILTIR Joins Risk Summit As Platinum Sponsor
BILTIR has joined the 2025 Bermuda Risk Summit as a Platinum Sponsor, with the event themed “Redefining Resilience” and featuring collaborations with top media partners to highlight Bermuda’s leadership in the global [re]insurance industry. A spokesperson said, “The Bermuda International Long Term Insurers and Reinsurers [BILTIR] has... Read more of this article
Bermuda Stock Exchange Report: Dec 18 2024
December 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,501.05, even on the day. There were 0 advances, 0 decline, and 53 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 20 2024 Bermuda Stock Exchange Report: Dec 19 2024 Bermuda Stock Exchange Report:... Read more of this article
The Waterlot Steakhouse Reopens
The Waterlot has reopened on December 4, 2024, with a refreshed menu, warm reviews, and nearly full reservations for December. A spokesperson said, “After months of anticipation, Bermuda’s iconic steakhouse, The Waterlot, reopened its doors on December 4, 2024, to a warm reception. With reservations nearly fully booked for December, the restaurant... Read more of this article
Kennette Burgess Earns ‘Under 40′ Award
Bermudian Kennette Burgess has been named a winner of the 2024 Winston Under 40 Leadership Award. A spokesperson said, “Bermudian marketing strategist, business coach, and designer Kennette J. Burgess has been recognized as one of the 2024 recipients of the prestigious Winston Under 40 Leadership Awards, presented by Truliant Federal Credit Union... Read more of this article
Bermuda Stock Exchange Report: Dec 17 2024
December 17 saw 80 shares trade on the Bermuda Stock Exchange, valued at $112.00 BD. 80 shares were traded by Bermuda Aviation Services Ltd, closing even at $1.65 per share. The BSX finished at 2,501.05, even on the day. There were 0 advances, 0 declines, and 53 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
AXIS & Enstar Announce $2.3B Reinsurance Deal
AXIS Capital Holdings Limited and Enstar Group Limited have entered into a loss portfolio transfer reinsurance agreement covering a portfolio of reinsurance segment business. A spokesperson said, “The closing of the transaction is subject to regulatory approvals and other customary conditions, and is expected to occur during the first half of... Read more of this article
Bermuda Stock Exchange Report: Dec 16 2024
December 16 saw 210 shares trade on the Bermuda Stock Exchange, valued at $7,250.00 BD. 200 shares were traded by Bank of N.T. Butterfield Ltd, closing down 3.9% at $36.05 per share, while the other 10 shares were traded by West Hamilton Holdings Ltd, closing even at $7.50 per share. The BSX finished at 2,501.05, down 3.02% on the day. There were... Read more of this article
Bluebird Boxes On Sale At Washington Mall
The Happy Bird Company will be selling its bluebird nesting boxes at Washington Mall this Friday [Dec 20] and Saturday [Dec 21]. A spokesperson for the company stated, “Led by our founder, Christian Chin-Gurret, The Happy Bird Company will have bluebird nesting boxes available for purchase at Washington Mall on the Reid Street ground floor. Stop by... Read more of this article
BMA Gift Drive Brings Holiday Cheer To Families
A staff gift drive at the Bermuda Monetary Authority has collected just over 150 toys and more than $10,500 in gift card vouchers, bringing holiday cheer and much-needed help to children and families in need. A spokesperson said, “Gift cards included vouchers for BELCO, Lindo’s Market, The Marketplace and Gibbons Company to help families with groceries,... Read more of this article
Retail Sales Decreased 5.4% In August 2024
After adjusting for the retail sales rate of inflation – measured at 2.7% in August – the overall volume of retail sales index decreased 5.4% when compared to August 2023, according to the recently released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the August 2024 Retail Sales... Read more of this article
