Hashtag: #BermudaBusiness
Aon President To Speak At BDA Risk Summit
President of Aon Eric Andersen will speak at the Bermuda Business Development Agency’s [BDA] inaugural Bermuda Risk Summit being held March 14-16, 2022. The Bermuda Risk Summit is the first major, in-person risk event in Bermuda since 2019 and counts CEOs from some of the world’s largest property and casualty [re]insurers among its growing list... Read more of this article
Stationery Store Aiming For More Local Brands
The Stationery Store and Stationery Store Plus said they “are looking to introduce local brands to their wide selection of products” and are inviting local businesses that offer products such as craft supplies, office supplies/equipment, stationery and writing tools, games & toys to contact them. A spokesperson said, “The Stationery... Read more of this article
Plans For Former Ariel Sands Hotel Property
A planning application for the former Ariel Sands hotel site has been submitted, with the plans describing a “hotel-villa-condo development consisting of 84 keys in 33 hotel guest rooms, 21 villas, and 30 one, two and three bed condominium units, including restaurant and bar with dining terrace, pool, seawall, tennis court, landscaping and supporting... Read more of this article
Advertising Agency AAC Becomes ‘Two Point O’
Advertising and creative agency AAC has rebranded as Two Point O, saying that the “name 2.0, widely used to differentiate an improved or enhanced version from its original concept, product or service, illustrates this fresh concept.” A spokesperson said, “Advertising and creative agency, AAC, has rebranded as Two Point O [“Tü.Ō”;... Read more of this article
AM Best Affirms PMG Assurance Ratings
AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a+” [Excellent] of PMG Assurance Ltd. [PMG] [Bermuda]. The outlook of these Credit Ratings is stable. A statement from the ratings agency said, “The ratings reflect PMG’s balance sheet strength, which AM Best assesses as very strong,... Read more of this article
Bermuda Stock Exchange Report: Feb 21 2022
February 21 saw 13,103 shares trade on the Bermuda Stock Exchange, valued at $83,728.17 BD. 13,103 shares were traded by Argus Group Holdings Ltd, closing even at $6.39 per share. The BSX finished at 2,687.80, even on the day. There were 0 advances, 0 declines, and 63 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
MJM Welcomes Mark Adams As Senior Associate
The MJM law firm has welcomed Mark Adams to the firm’s Corporate & Finance Team as a Senior Associate. A spokesperson said, “Mark qualified in England and Wales in 2002 and has extensive international experience which includes corporate finance, M&A, advisory, restructuring, venture capital, asset finance, project finance, tax leasing,... Read more of this article
Ariel Re Donates Over $16,000 To Families
Ariel Re has partnered with charity advocate Fiona Dill to donate over $16,000 to Bermudian families through the company’s employee giving campaign. A spokesperson said, “Ariel Re, a Bermuda-based reinsurance business with offices in Bermuda, London and Hong Kong, is proud to announce it partnered with Bermudian charity advocate Fiona Dill to... Read more of this article
Bridal Suite To Host Wedding Expo In November
The Bridal Suite Bermuda will be hosting a “Love Wedding Marriage” bridal show in November of this year, and are inviting vendors to take part. Calling it a “bridal show in Bermuda with an experience,” a spokesperson said “brides to be and other guests will partake in a wedding show experience that makes them feel as if they are... Read more of this article
Casey Earns Master Certified Coach Credential
Bermudian founders of the International Coaching & Leadership Institute [ICLI] — CEO Jessica Lightbourne and the Director of Business Development Lorene Phillips — congratulates its Chief Learning Officer and co-founder Sophia Casey for achieving the Master Certified Coach [MCC] credential awarded by the International Coaching Federation... Read more of this article
Monument Re Acquires AME Life Lux S.A.
Monument Re announced that its Luxembourg subsidiary Monument Assurance Luxembourg S.A. has completed the acquisition of AME Life Lux S.A. [AMELL] from French Mutual Insurance Group, Covéa, following receipt of regulatory approval from the Commissariat aux Assurances. Financial terms of the transaction were not disclosed. A spokesperson said, “AMELL... Read more of this article
BF&M Donates $75K To College Foundation
BF&M made a $75,000 donation to Bermuda College Foundation to help to support its ongoing mandate to provide alternative sources of funding to Bermuda College. “BF&M has expanded its pillars of giving, which to date have been Our Heritage and Future, Wellness, and now include Youth and Education,” said Abigail Clifford, President, COO, and... Read more of this article
