Hashtag: #BermudaBusiness
Hamilton Princess Donates $6,382 To BCHC
The Hamilton Princess & Beach Club team raised $3,191 during Breast Cancer Awareness Month, and their donation was generously matched by the hotel’s local owners for a total of $6,382. Funds were raised in a number of ways during October, including through the selling of pink macarons at The Duchess, a Pink brunch and a Sip ‘n’ Paint. Tim... Read more of this article
Restaurant Weeks To Focus On Local Produce
Locally caught and harvested food will be the focus of Restaurant Weeks’ 10th anniversary, with restaurateurs urged “to create Bermuda-inspired menus and are particularly encouraged to focus on five local food-harvest areas: lobster, lionfish, goat cheese, honey and locally grown produce.” A BTA spokesperson said, “The island’s... Read more of this article
Outlier Offers Private Jet Flights To Bermuda
Outlier Jets have launched a new private jet offering to Bermuda in collaboration with Rosewood Bermuda, with prices for round trip private jet transportation from major U.S. cities to Bermuda starting at $19,500. The company said, “Outlier Jets, a leading private aviation company offering individuals and corporations access to private aircraft... Read more of this article
Hailey Edwards Is Called To The Bermuda Bar
Hailey Edwards has been called to the Bermuda Bar, with Ms Edwards saying she “feels exceptionally privileged to enter into Bermuda’s legal profession.” A spokesperson said, “Conyers is delighted to announce that Hailey Edwards has been called to the Bermuda Bar. The ceremony took place on Friday 6 November before Chief Justice Narinder... Read more of this article
MarketPlace Remembrance Day Store Hours
MarketPlace provided information about their opening hours during the Remembrance Day Holiday, with their graphic stating that their Shelly Bay, Heron Bay, Modern Mart, and Pricerite Warwick stores will be open from 8.00am to 6.00pm. Related Stories MarketPlace Remembrance Day Store Hours MarketPlace Remembrance Day Store Hours BSX To Close For... Read more of this article
Bermuda Stock Exchange Report: Nov 9 2020
November 9 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $10,000.00 BD. 2,000 shares were traded by Bermuda Press [Holdings] Ltd, closing even at $5.00 per share. The BSX finished at 1,895.72, even on the day. There were 0 advances, 0 declines, and 61 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Govt To Loan Redundancy Money To Workers
The Government will step in to assist Fairmont Southampton workers who are waiting for their redundancy payments, making “loans to employees equal to amounts due to them in redundancy, which will require repayment once sums are paid by Gencom.” This was announced by Finance Minister Curtis Dickinson today, with the Minister saying “it... Read more of this article
Bill To Create Bermuda National Digital Bank
The Legislature will be considering Bills to “create the Bermuda National Digital Bank, to reform banking laws and regulations, and to establish a Bermuda base interest rate.” This was one of the initiatives included in the 2020 Throne Speech, which said, “During this Session, the Legislature will be invited to consider Bills to create... Read more of this article
Hamilton Announces Management Changes
Hamilton Insurance Group, Ltd. announced three promotions in the leadership team at its Lloyd’s operations, Hamilton Managing Agency Limited, subject to regulatory approval: Adrian Daws, currently Active Underwriter of Lloyd’s Syndicate 4000, will be promoted to the position of Chief Executive Officer of Hamilton Managing Agency Limited. Miles... Read more of this article
Sale Of Ascendant Group Is Now Completed
[Updated] The sale of Ascendant Group – the parent company of BELCO — has now been completed, the company confirmed today. An Ascendant spokesperson said, “The sale of Ascendant Group Limited [Ascendant] to Algonquin Power & Utilities Corp. [Algonquin] has now been completed. “Ascendant’s existing Bermudian management... Read more of this article
Assured Guaranty Reports Third Quarter Results
Assured Guaranty Ltd. announced its financial results for the three-month period ended September 30, 2020. Net income attributable to Assured Guaranty Ltd. was $86 million, or $1.02 per share, for third quarter 2020. Shareholders’ equity attributable to Assured Guaranty Ltd. per share reached a new record of $79.63 as of September 30, 2020. “Assured... Read more of this article
Third Point Re Announces Q3 Earnings Results
Third Point Reinsurance Ltd. announced results for its third quarter ended September 30, 2020. “Third Point Re reported net income available to common shareholders of $68.7 million, or $0.73 per diluted common share, for the three months ended September 30, 2020, compared to a net loss attributable to common shareholders of $15.1 million, or... Read more of this article
