Hashtag: #BermudaBusiness
SiriusPoint Ltd Appoints Nick Pascall
SiriusPoint Ltd. has announced the appointment of Nick Pascall to the role of Head of London and International Casualty. A spokesperson said, “Nick will be responsible for driving the London and International Casualty underwriting strategy in line with the SiriusPoint group risk appetite, identifying profitable growth opportunities, and innovating... Read more of this article
Bermuda Stock Exchange Report: May 17 2022
May 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,335.84, 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
Tax Justice Network Ranks Bermuda 49th
The Tax Justice Network’s Financial Secrecy Index 2022 was published today, with Bermuda ranked in 49th, and the organisation ranking the United States in first, with their statement saying “the US now fuels more global financial secrecy than Switzerland, Cayman and Bermuda combined. ” The organisation said, “The US has climbed to... Read more of this article
Somerset Pharmacy Offer Covid Vaccinations
Somerset Pharmacy is now offering Covid vaccinations, with appointments available at the west end location on Tuesdays. A spokesperson said, “On Tuesday, May 17th, Somerset Pharmacy became the first pharmacy in Bermuda to offer Covid vaccinations. For now, Somerset Pharmacy is offering vaccinations on Tuesdays from 9:30-3:30pm by appointment.... Read more of this article
Daniel Loeb To Join SiriusPoint Board
SiriusPoint Ltd announced that Daniel S. Loeb, its largest individual shareholder, will join the Board of Directors. “We are delighted that Dan is joining the Board at this time as the Company continues to focus on serving our clients as a specialized global insurer and reinsurer,” said Sharon Ludlow, Chair of the SiriusPoint Board of Directors.... Read more of this article
RUBiS Signs On To Be SailGP Inspire Partner
RUBiS Energy Bermuda is now the official partner of SailGP’s Bermuda Inspire Programme. A spokesperson said, “This is a world class programme designed to identify the next generation of diverse performance sailors at each host venue. This flagship partnership between RUBiS and SailGP Inspire will help to educate Bermuda’s youth and provide a pathway... Read more of this article
Horseshoe Services Transition To Artex
Artex, an alternative risk solutions company, today announced the transition of Horseshoe to Artex. Artex expanded its ILS offerings with the acquisition of Horseshoe in 2019.” Kathleen Faries, CEO Capital Solutions, Artex, said, “Horseshoe has always been more than just an ILS specialist firm and the Artex name represents our wide range of... Read more of this article
AM Best Affirms CG’s Financial Strength
AM Best has removed Coralisle Group Ltd.’s subsidiaries from ‘under review with developing implications’ and affirmed CG’s credit rating following its acquisition of Barbados based Massy United Insurance Ltd on May 4, 2022. A spokesperson said, ““AM Best affirmed CG’s Financial Strength Rating of “A” [Excellent] and the Long-Term Issuer... Read more of this article
Noah’s Ark Host Sale To Benefit WindReach
Noah’s Ark Feed and Supply pet store is holding a sidewalk sale to raise funds for WindReach Bermuda. Items include fish supplies, dog collars, pond ornaments, and bird supplies, with prices ranging from free to $20. Noah’s Ark Feed and Supply, on Marsh Lane, Devonshire, is open Monday to Friday from 9.30 am to 6 pm, and 8.30 am to 6 pm on Saturday WindReach... Read more of this article
Regulated Crypto-Native Insurance Marketplace
Nayms has ‘graduated’ from the Bermuda Monetary Authority’s [BMA] regulatory sandbox to “become the world’s first, fully regulated crypto-native insurance marketplace,” the BDA announced today. A spokesperson said, “The Bermuda Business Development Agency [BDA] congratulates Nayms for graduating from the Bermuda Monetary... Read more of this article
RenaissanceRe Announces Quarterly Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.37 per common share on its common shares. The dividend is payable on June 30, 2022, to shareholders of record on June 15, 2022. “In addition, the Board of Directors approved a renewal of RenaissanceRe’s authorized share repurchase program, bringing the... Read more of this article
Conduit Re Andrew Smith’s Role Expanded
Conduit Re announced that the role of Andrew Smith, currently chief risk officer, has been “expanded to lead the company’s climate change related initiatives.” A spokesperson said, “In this new role of chief risk and sustainability officer, Andrew will be supporting executive chairman, Neil Eckert, and reporting to, and joining, the... Read more of this article
