Hashtag: #BermudaBusiness
Global Center Of Excellence For Healthcare
KPMG is launching a “new global center of excellence for island healthcare.” A spokesperson said, “Healthcare systems and organizations worldwide leverage KPMG firms’ knowledge and leading insights to respond to challenges to help transform the way these organizations operate, engage their staff and deliver care. KPMG’s experience... Read more of this article
Beryl U.S. Insured Losses Estimate: $2.5B-$4.5B
Moody’s RM Event Response estimates that U.S. insured losses from Hurricane Beryl will likely fall between US$2.5 billion to US$4.5 billion, and represent insured losses associated with wind, storm surge, and precipitation-induced flooding. A spokesperson said, “Losses to the National Flood Insurance Program [NFIP] from this event are estimated... Read more of this article
Bermuda Stock Exchange Report: July 15 2024
July 15 saw 4,206 shares trade on the Bermuda Stock Exchange, valued at $63,937.00 BD. 1,206 shares were traded by Bank of N.T. Butterfield Ltd, closing up 8.6% at $38.00 per share, while another 3,000 shares were traded by Argus Group Holdings Ltd, closing up 21.9% at $6.30 per share. The BSX finished at 2,685.26, up 7.52% on the day. There were... Read more of this article
ABIR Interns Malakye Outerbridge & Cree Dunn
The Association of Bermuda Insurers and Reinsurers [ABIR] is hosting two Bermudian interns for the summer, with Malakye Outerbridge and Cree Dunn assisting ABIR’s Policy and Regulatory team. A spokesperson said, “Dunn, 21, is pursuing a joint-honours bachelor’s degree in Journalism, Media, Communications and Economics at the University of... Read more of this article
Event To Highlight Six Student Entrepreneurs
BEDC announced a meet-and-greet event for Summer Student Entrepreneur Program participants at City Hall on Friday [July 19], highlighting six successful students and promoting business skills development. A spokesperson said, “On Friday, July 19th, the Bermuda Economic Development Corporation [BEDC] will host a meet-and-greet on the City Hall... Read more of this article
Aircare Congratulates Adams, Mallory & Paynter
Aircare congratulated apprentices Bradley Adams, Damen Mallory and James Paynter for graduating from Bermuda College with their Diploma in Heating, Ventilation and Air Conditioning [HVAC]. A spokesperson said, “At the graduation ceremony, it was announced that Damen achieved distinction and Bradley earned merit and both Damen and Bradley were... Read more of this article
Mosaic Insurance Restructures Teams
Mosaic Insurance today announced a “restructure of roles across its underwriting and operational teams to drive growth of its all-important agency business.: A spokesperson said, “The reorganization, effective immediately, demonstrates Mosaic’s evolution as a global agency whose business increasingly is driven by trade-capital partners... Read more of this article
Carey Olsen Wins Offshore Law Firm Of Year
Carey Olsen has been named Offshore Law Firm of the Year at the Chambers High Net Worth Awards for the second year in a row. A spokesperson said, “The prestigious annual awards recognise national and international law firms which have demonstrated outstanding legal work and expertise, excellent client service and impressive strategic growth... Read more of this article
AM Best Affirms Ratings For Aspen Group
AM Best has affirmed the Financial Strength Ratings of A [Excellent] and Long-Term Issuer Credit Ratings of “a” [Excellent] for Aspen Insurance UK Limited, Aspen Bermuda Limited, Aspen American Insurance Company, and Aspen Specialty Insurance Company, as well as the Long-Term ICR of “bbb” [Good] for Aspen Insurance Holdings Limited, maintaining... Read more of this article
Shipping Schedule: Week Starting July 13
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, July 13th. On Saturday the Vision of the Seas cruise ship is expected, on Sunday the Star Asia bulk carrier, the Norwegian Gem cruise ship, the Gaz Amaris LPG tanker and the Oleander container ship will arrive, and on... Read more of this article
Barritt’s Celebrates 150 Years With New Mixers
Barritt’s is celebrating 150 years of its iconic ginger beer with the launch of a new mixer line and a brand refresh. A statement from the company said, “Barritt’s Ginger Beer, from Barritt’s Beverages International Ltd, a proudly family-owned business for five generations hailing from Bermuda, celebrates 150 years of its iconic... Read more of this article
Bermuda Stock Exchange Report: July 12 2024
July 12 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,497.41, even on the day. There were 0 advances, 0 declines, and 51 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: July 19 2024 Bermuda Stock... Read more of this article
Alchemy Fitness Studios Opens In Hamilton
Alchemy Fitness Studios announced the grand opening of its newest state-of-the-art facility located at 129 Front Street. A spokesperson said, “This highly anticipated opening marks a significant milestone for the Alchemy Fitness brand as it continues to expand its innovative approach to health and wellness. “Alchemy Fitness Studios is dedicated... Read more of this article
Auto Solutions Adds Electric Hyundai To Lineup
Auto Solutions announced the addition of the all-electric Hyundai KONA to its lineup in late 2024. A spokesperson said, “Auto Solutions announced that it will be adding the all-electric Hyundai KONA to its lineup in late 2024, now possible due to recent legislative changes. On Friday, June 28th, the House of Assembly passed the Motor Car [Electric... Read more of this article
BF&M: No Share Repurchases In June 2024
BF&M Limited announced that there were no share repurchases in June 2024. In a filing with the BSX, the company said, “The company announces that pursuant to Regulation 6.44 of the BSX Listing Regulations that the Company made no share repurchases for the month ending June 2024.” Related Stories BF&M Prepare 300 Packages, Donate... Read more of this article
Bermuda Stock Exchange Report: July 11 2024
July 11 saw 2,700 shares trade on the Bermuda Stock Exchange, valued at $8,700.00 BD. 100 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.9% at $35.00 per share, while the other 2,600 shares were traded by Bermuda Aviation Services Ltd, closing up 60.0% at $2.00 per share. The BSX finished at 2,497.41, up 2.37% on the day. There... Read more of this article
