Hashtag: #BermudaBusiness
Bermuda Monetary Authority Report Tabled
Premier and Minister of Finance David Burt tabled the Bermuda Monetary Authority Annual Report 2021 in the House of Assembly today [May 20], with the Premier saying he wishes to “express my sincere thanks to the Board and staff of the Authority for helping to bring so much success to Bermuda. ” The Premier’s full statement follows below: Mr.... Read more of this article
PwC: Trends That Affect Future Of Insurance
A new report by PwC on Insurance in 2025 and beyond identifies what they said are “five trends that will affect the future of insurance as the industry faces new challenges.” A spokesperson said, “Insurers and reinsurers came through the tests posed by Covid-19 remarkably well and dealt with unprecedented interruptions to their business... Read more of this article
PartnerRe Reports First Quarter 2022 Results
PartnerRe Ltd. reported a net loss attributable to common shareholder of $539 million for the first quarter of 2022, compared to a net loss of $66 million for the same period of 2021. Operating income was $174 million for the first quarter of 2022, compared to operating income of $42 million for the same period of 2021. Operating income for the first... Read more of this article
Bermuda Stock Exchange Report: May 19 2022
May 19 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,172.53, even on the day. There were 0 advances, 0 declines, and 64 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 30 2025 Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report:... Read more of this article
Somers Limited Reports First Quarter Results
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited reported first quarter results. The filing stated: Somers Limited [“Somers” or “the Company”, BSX: SOM.BH], a financial services investment holding company, is pleased to report continued progress in its investment portfolio with a number of its larger investments continuing their... Read more of this article
Chairman & CEO To Resign From SiriusPoint
SiriusPoint Ltd announces Chairman and CEO Siddhartha Sankaran has resigned from the Company to “pursue other opportunities.” A spokesperson said, “The Board has named Daniel Malloy as Interim Chief Executive Officer while the Board initiates a search for a permanent successor, and current Director Sharon Ludlow as Interim Chair... Read more of this article
Bermuda Stock Exchange Report: May 18 2022
May 18 saw 10,440 shares trade on the Bermuda Stock Exchange, valued at $270,449.35 BD. 8,650 shares were traded by Bank of N.T. Butterfield Ltd, closing down 9.1% at $30.00 per share, while another 1,790 shares were traded by Argus Group Holdings Ltd, closing down 1.6% at $6.00 per share. The BSX finished at 2,172.53, down 6.99% on the day. There... Read more of this article
Senate Passes Fairmont Southampton Act
[Updated] The Senate today [May 18] passed the Fairmont Southampton Hotel Act 2022, with the passage following after a procedural delay which saw the normal morning session adjourned, with the debate starting in the afternoon. The delay was apparently caused as OBA Senators wanted to table amendments to the legislation, so the session was adjourned... Read more of this article
MEF Presents $10K For Ukrainian Relief Fund
MEF Ltd — otherwise known as The Little Venice Group — today presented a cheque for $10,000 to the Bermuda Red Cross for their Ukrainian Relief Fund. A spokesperson said, “A variety of fundraising initiatives were held by the group including a ‘Taste of Ukraine’ Brunch at Fourways where a percentage of sales were donated and raised... Read more of this article
Family Affair Fish Fry Fundraiser On Friday
This Friday you can enjoy a nice meal while supporting a good cause, as the “Family Affair Fish Fry Fundraiser” event will be held at the Thyme Restaurant in support of Family Centre and Focus Counselling Services, with both dine in and take out options available. The event page said, “It’s a Family Affair at Thyme Restaurant! Family... Read more of this article
Carmen Trott Promoted To Principal Engineer
Engineering company iEPC announced Carmen Trott has been promoted to Principal Engineer, which “will bestow upon her the responsibility of managing the entire team of engineers at the Company.” Carmen Trott said, “I am thrilled by the promotion and recognition of many years of hard work. This feels like the natural next step for me. I... Read more of this article
Starr Insurance Companies Expands In Thailand
Starr Insurance Companies announced an agreement with FPG Insurance Holdings Limited and local Thai shareholders to purchase FPG Insurance Public Company Limited [FPG Thailand], a Thai non-life insurance company, together with local Thai parties. The company said, “Starr’s investment will be held by its Bermuda insurance company, Starr Insurance... Read more of this article
