Hashtag: #BermudaBusiness
Essent Reports Results & Declares Dividend
Essent Group Ltd. reported net income for the quarter ended March 31, 2023 of $170.8 million or $1.59 per diluted share, compared to $274.2 million or $2.52 per diluted share for the quarter ended March 31, 2022. A spokesperson said, “Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per common... Read more of this article
Watlington Directors Report To Shareholders
In a filing with the Bermuda Stock Exchange [BSX], Watlington Waterworks Ltd. releases the Directors report to the shareholders. The full filing stated: Watlington Waterworks Limited Directors’ Report to Shareholders For the Year ended December 31st, 2022. It appears that the year 2021 may have been the trough of our pandemic induced decline. Early... Read more of this article
AXIS Capital Declares Quarterly Dividends
AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on July 18, 2023 to shareholders of record at the close of business on June 30, 2023. A spokesperson said, “In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share [equivalent... Read more of this article
Shipping Schedule: Week Starting May 6
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday Shipping Schedule: Week Starting May 6th. On Saturday the Liberty of the Seas cruise ship is expected, on Sunday the Norwegian Pearl cruise ship and the Oleander contianer ship will arrive, and on Tuesday the Somers Isles... Read more of this article
Enstar Group Preference Share Dividends
Enstar Group Limited announced that it will pay cash dividends on its Series D and Series E preference shares. A spokesperson said, “Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share [each of which represents a 1/1,000th interest in a Series D Preference Share]... Read more of this article
Bermuda Stock Exchange Report: May 5 2023
May 5 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,109.91, even on the day. There were 0 advances, 0 declines, and 66 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: Jan 9 2026 Bermuda Stock Exchange... Read more of this article
Williams & Burrows Complete Leadership Program
Hamilton Princess & Beach Club announced that its Leadership Development Program [LDP] has produced two new Bermudian managers to join its Leadership Team. A spokesperson said, “Tah-mi Williams and Jaquan Burrows, both 26 years old, completed the hotel’s intense 18-month long program, as of May 5th. Tah-mi Williams, Hamilton Princess &... Read more of this article
Free Margaritas For 50 People At Marina Nights
Hamilton Princess & Beach Club’s is offering a free margarita to the first 50 people entering tonight’s Marina Nights. A spokesperson said, “The event will be held at the hotel’s Marina with a special Cinco De Mayo-themed opening party, from 5pm until 10pm. “Update: The Southern BBQ Cookout, offered on Saturdays, at the Princess Beach... Read more of this article
CedarBridge Wins Top Prize In KPMG Challenge
[Written by Anya Thompson] The 18th Annual KPMG Senior School Investment Challenge ceremony was held at City Hall on May 3, 2023. The investment challenge for Bermuda High Schools is a competition that fosters and promotes financial literacy while also developing analytical skills in our high school students. The challenge involves teams of students... Read more of this article
Fairmont Southampton Construction Career Fair
A career fair will be held at the Fairmont Southampton on June 1st and 2nd, and “anyone with experience in the trades – including electricians, plumbers, carpenters and masons – is encouraged to apply.” A spokesperson said, “A major career fair is scheduled for next month and local construction workers are encouraged to polish... Read more of this article
Tizzio Takes Role As AXIS President & CEO
>AXIS Capital Holdings announced that Vincent C. Tizzio assumed the role of President and CEO of AXIS as part of a planned leadership transition, first announced in December 2022, and timed to the Company’s Annual General Meeting held at its corporate headquarters in Bermuda. Mr. Tizzio succeeds longtime AXIS President and CEO Albert Benchimol, who... Read more of this article
Bermuda Stock Exchange Report: May 4 2023
May 4 saw 17,617 shares trade on the Bermuda Stock Exchange, valued at $261,251.00 BD. 7,305 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.8% at $28.00 per share, while another 10,312 shares were traded by Argus Group Holdings Ltd, closing even at $5.50 per share. The BSX finished at 2,109.91, down 1.26% on the day. There were 0... Read more of this article
