Hashtag: #BermudaBusiness
Deloitte Bermuda Appoints Two New Partners
Deloitte Bermuda announces the addition of two partners to its team, pending approval from the Department of Immigration; Lewis Lo, Partner in Audit & Assurance, and Marcin Czarnocki, Partner in Financial Advisory. Mr Lo has been a Deloitte professional for over 13 years. He serves clients in the Investment Management and [Re]insurance industries,... Read more of this article
Watlington Waterworks Report To Shareholders
““The first quarter 2024 started weaker than 2023, but in March we entered a dry period with strong sales for the second quarter,” Watlington Waterworks said. In their letter to shareholders, the Company said, “As a result, the piped water sales ended up 16 million gallons higher than in 2023 for the same period. “Bottled water... Read more of this article
Shipping Schedule: Week Starting Sept 14
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, September 14th. On Saturday the Nautica cruise ship is expected, on Sunday the Oleander container ship will arrive, and on Monday the Adventure of the Seas and the Vision of the Seas cruise ships are scheduled to arrive. On... Read more of this article
Polaris Holding Declares $0.05 Dividend
Polaris Holding Company Ltd. announced a $0.05 per share dividend. In a filing with the Bermuda Stock Exchange, Polaris said, “Please accept this notification that a dividend in the amount of BD $0.05 per share has been declared and approved by the board of directors of the Company, payable on 30 September 2024, to the shareholders of record as... Read more of this article
Bermuda Stock Exchange Report: Sept 13 2024
September 13 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,571.99, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Sept 17 2024 Bermuda... Read more of this article
WEPS Training Webinar On September 19
A Women’s Empowerment Principles Training Webinar will be held on Thursday [Sept 19]. “This is more than a training session—it’s an opportunity to transform Bermuda’s business landscape by embracing diversity and inclusion. By adopting the Women’s Empowerment Principles [WEPS], we can create workplaces that are not only equitable but... Read more of this article
Bermuda Stock Exchange Report: Sept 12 2024
September 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,571.99, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Sept 17 2024 Bermuda Stock Exchange Report: Sept 16 2024 Bermuda Stock Exchange... Read more of this article
Photos & Video: Flower Bar Holds Ribbon Cutting
[Updated with video] The Flower Bar in Hamilton held a grand opening and ribbon cutting event this evening, with the new business offering a unique mix of floral-infused cocktails, flower arrangements, floral workshops more. Steven Faries opened the shop earlier this year, and held their official ribbon-cutting event today. According to Mr Faries,... Read more of this article
Dominic Mensah Joins Abacus Ltd Team
Dominic Mensah has joined the Abacus Ltd. team as a Financial Solutions Consultant. A spokesperson said, “Mensah, who holds an MBA in Finance, has held a number of accountancy roles and is also a trained and licensed teacher. In his role as Financial Solutions Consultant at Abacus, Mensah will be responsible for maintaining proper financial records,... Read more of this article
The Flower Bar Offering A ‘Unique Twist’
[Written by Stephen Wright] The new Flower Bar on Reid Street, outside the Washington Mall in Hamilton, offers a unique mix of floral-infused cocktails, wine, prosecco and flower arrangements. Steven Faries opened the shop in July with Shane Francis, the director of operations – initially delaying the enterprise because of the Covid-19 pandemic –... Read more of this article
AM Best Affirms Top Layer Reinsurance’s Ratings
AM Best affirmed the ratings of Top Layer Reinsurance Ltd., with a stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “aa-” [Superior] of Top Layer Reinsurance Ltd. [Top Layer] [Bermuda]. The outlook of... Read more of this article
Gallagher Launch Specialty Insurance Business
Gallagher launched a new specialty insurance business in Bermuda, and has appointed Jasmine DeSilva as Managing Director of the new business. A spokesperson said, “Gallagher has launched a new business in Bermuda to support clients across the region with their specialty insurance solutions. “Gallagher already has a significant client base... Read more of this article
