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Walkers Earns Top Rankings In The Legal 500
Walkers secured top-tier rankings in The Legal 500 Caribbean 2025. A spokesperson said, “Our firm has achieved top-tier rankings in three practice areas and recommendations in two more in Bermuda, contributing to a total of 12 top-tier practice areas and seven recommendations across the Americas legal market for Walkers. “Our Bermuda office’s... Read more of this article
Hamilton Insurance Reports 2024 Q3 Results
Hamilton Insurance Group reported Q3 2024 net income of $78.3 million, a combined ratio of 93.6%, and a 16.7% increase in premiums, despite hurricane-related losses. A spokesperson said, “Hamilton Insurance Group, Ltd. today announced financial results for the third quarter ended September 30, 2024.” Commenting on the results, Pina Albo,... Read more of this article
Conyers Named Top Tier Firm By Legal 500
Conyers has been ranked as “top-tier in Bermuda offshore expertise” by Legal 500, with 32 lawyers recognized and 17 individually ranked. A spokesperson said, “Conyers has once again been recommended as a top-tier firm in Bermuda offshore expertise in the latest Legal 500 directory rankings. The firm has maintained rankings in Corporate... Read more of this article
Somers Limited Announces Shareholder Merger
In a filing with the Bermuda Stock Exchange [BSX], Somers Limited announced that, effective November 1, 2024, Somers’ largest shareholder, Union Mutual Pension Fund Limited [UMPFL] has merged with General Provincial Life Pension Fund Limited [GPLPFL], with GPLPFL being the continuing entity. The full filing stated: “As a result, the 14,424,184... Read more of this article
Appleby Earns Top Rankings In Legal 500 Guide
“Leading offshore law firm Appleby continues to be the only firm in Bermuda ranked Tier 1 across all of the six practice categories in Legal 500’s 2025 Caribbean Guide,” the company said. A spokesperson said, “Legal 500 ranks Appleby as Tier 1 in: Banking, Finance & Capital Markets; Corporate & Commercial; Dispute Resolution;... Read more of this article
Carey Olsen Achieves High Rankings In Legal 500
Carey Olsen Bermuda Limited has achieved its strongest rankings to date in The Legal 500 Caribbean 2025 guide, securing five Tier 1 practice rankings. A spokesperson said, “The team has also attained four new ‘Leading Partner’ rankings – the highest possible ranking individual lawyers can achieve – bringing its total number of... Read more of this article
RenaissanceRe Appoints Dr Loretta Mester
RenaissanceRe announced today that Dr Loretta J. Mester has been appointed to serve as an independent director of the Company effective November 6th, and that, at such time, Brian G. J. Gray, who served as a member of the Board since 2013, retired as a director. Kevin J. O’Donnell, President and Chief Executive Officer of RenaissanceRe, said, “On... Read more of this article
RenaissanceRe Declares $0.39 Dividend
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.39 per common share on its common shares. The dividend is payable on December 31, 2024, to shareholders of record on December 13, 2024. A spokesperson said, “In addition, the Board of Directors approved a renewal of RenaissanceRe’s authorized share repurchase... Read more of this article
Bermuda Stock Exchange Report: Nov 6 2024
November 6 saw 1,300 shares trade on the Bermuda Stock Exchange, valued at $ 6,045.00 BD. 1,300 shares were traded by Argus Group Holdings Ltd, closing down 4.1% at $4.65 per share. The BSX finished at 2,498.07, down 0.19% on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Welch’s Rise Through Ranks At The MarketPlace
Tahjae Welch has risen from an entry-level position all the way to Store Manager at the MarketPlace, with the company noting how “determination, hard work, and a positive support system can lead to impressive career advancement in Bermuda’s retail grocery industry.” A spokesperson said, “Starting his journey with The MarketPlace... Read more of this article
Fairmont Southampton Renovations Update
Westend Properties shared an update on the ongoing renovations at the Fairmont Southampton. A spokesperson said, “Work at the site is proceeding as planned – for instance, demolition within the building has begun in anticipation of the extensive overhaul of the hotel interior. The initial shipments of containers of construction materials and equipment... Read more of this article
Enstar Group Preference Share Dividends
Enstar Group Limited today 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... Read more of this article