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L&G Re Awarded ‘Life Transaction Of The Year’

L&G Re Awarded ‘Life Transaction Of The Year’

Legal & General Reinsurance [L&G Re] has won the ‘Life Transaction of the Year’ in Trading Risk Magazine’s annual awards. A spokesperson said, “Legal & General Reinsurance [L&G Re] announces its success at Trading Risk Magazine’s annual awards with a win in the Life Transaction of the Year category. “L&G... Read more of this article

Tobacco Bay Earns WTTC Safe Travels Stamp

Tobacco Bay Earns WTTC Safe Travels Stamp

Tobacco Bay has earned the World Travel & Tourism Council [WTTC] ‘Safe Travels’ Stamp after meeting the highest Covid-19 public health standards recommended by the World Health Organisation and the Centers for Disease Control. A spokesperson said, “Small Business of the Year, Tobacco Bay, becomes one of Bermuda’s first ‘Safe... Read more of this article

Digicel Launches Itself As Digital Operator

Digicel Launches Itself As Digital Operator

Digicel is launching as a digital operator and offering Digicel Prime Bundles, a suite that features eight applications “each with its own super generous data allotment so that customers can feel, touch, experience and enjoy them as they live their digital lives.” A spokesperson said, “Digicel is today launching itself as a digital... Read more of this article

Aleisha Hollis Called To The Bermuda Bar

Aleisha Hollis Called To The Bermuda Bar

Aleisha Hollis has been called to the Bermuda Bar, with the ceremony taking place on Friday October 16th before Chief Justice Narinder Hargun. Ms. Hollis is an Associate in the Corporate Practice at Conyers. She started her pupillage with Conyers in September 2019, having worked at the firm as a legal intern in 2017 and 2018 in the Corporate and Private... Read more of this article

A Conversation With Chloe Cheyenne On Oct 22

A Conversation With Chloe Cheyenne On Oct 22

The Driven Society and Bermuda Economic Development Corporation [BEDC] will be hosting a conversation with Chloe Cheyenne on Thursday [Oct 22] at 9.00pm. The event flyer says, “Join Driven Society and Bermuda Economic Development Corporation on October 22nd for an inspiring conversation with Chloe Cheyenne, moderated by Bermuda’s own Media Maya. “Chloë... Read more of this article

Ocorian Appoint Jason Gerlis As Regional Head

Ocorian Appoint Jason Gerlis As Regional Head

Ocorian has appointed Jason Gerlis as its new Regional Head of Americas. A spokesperson said, “Ocorian, the global diversified financial services group and leading provider of corporate administration, funds and trust services, has appointed Jason Gerlis as its new Regional Head of Americas. He will be based in the United States and will oversee all... Read more of this article

Bermuda Stock Exchange Report: Oct 19 2020

Bermuda Stock Exchange Report: Oct 19 2020

October 19 saw 25,700 shares trade on the Bermuda Stock Exchange, valued at $100,705.00 BD. 2,000 shares were traded by Argus Group Holdings Ltd, closing up 1.8% at $2.81 per share, while the other 23,700 shares were traded by One Communications Ltd, closing up 1.3% at $4.00 per share. The BSX finished at 1,855.56, up 0.09% on the day. There were 2... Read more of this article

AM Best Affirms Credit Ratings Of Harrington Re

AM Best Affirms Credit Ratings Of Harrington Re

AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” of Harrington Re Ltd. AM Best also has affirmed the Long-Term ICR of “bbb-” of Harrington Reinsurance Holdings Limited. Both companies are domiciled in Bermuda. The outlook of these Credit Ratings [ratings] is stable. A statement... Read more of this article

Knowledge Quest-HSBC Scholarship Recipients

Knowledge Quest-HSBC Scholarship Recipients

HSBC Bermuda announced the recipients of the Knowledge Quest-HSBC Scholarship, with Cashun Brangman, Lashuntae Dill-Assing, Deja Grant, Messiah Greaves, Solomon Pearman, and Davondra Sealey all receiving scholarships. A spokesperson said, “In 2020, HSBC Bermuda [HSBC] has recommitted its partnership with the Knowledge Quest charity, providing... Read more of this article

IOD: “Strategic Oversight In A Changing World”

IOD: “Strategic Oversight In A Changing World”

The need for businesses to be nimble, resilient, flexible, and adaptive during Covid-19 and how boards can help their organisations thrive, will be key topics being discussed at a major business conference next month. The Institute of Directors Bermuda branch will hold its second corporate governance conference virtually on Tuesday, November 3, under... Read more of this article

BSX: Ascendant Resumes Trading Today

BSX: Ascendant Resumes Trading Today

The Bermuda Stock Exchange announced the resumption of trading of Ascendant Group Limited’s common shares effective 12 noon today [Oct 19]. This follows after trading was temporarily suspended due to approvals being granted to complete the sale of Ascendant -- the parent company of BELCO — to Algonquin Power & Utilities Corp. Related... Read more of this article

Marcus Symonds Earns Training Contract

Marcus Symonds Earns Training Contract

Carey Olsen announced that Bermudian lawyer Marcus Symonds has become the first recipient of a pupillage training contract. A spokesperson said, “Budding Bermudian lawyer Marcus Symonds has become the first recipient of a pupillage training contract with Carey Olsen Bermuda through the firm’s new pupillage programme. “A former Warwick... Read more of this article

Essent Increases Credit Facility To $625 Million

Essent Increases Credit Facility To $625 Million

Essent Group has amended its credit facility to increase the total facility from $500 million to $625 million. A spokesperson said, “Essent Group Ltd. today announced that it has amended its credit facility [Credit Facility] to increase the total facility from $500 million to $625 million with terms that provide for:An increase in the revolving... Read more of this article