Hashtag: #BermudaBusiness
Chubb Launches New Platform Chubb Studio
Chubb announced the launch of Chubb StudioSM, a “new global platform that will simplify and streamline the distribution of the company’s insurance products through its partners’ digital channels around the world.” The company said, “The platform enables Chubb’s partners in retail, e-commerce, banking, fintech, airline,... Read more of this article
Butterfield Share Repurchases For August 2020
In a filing with the Bermuda Stock Exchange, the Bank of N.T. Butterfield & Son Limited advised that during the month of August 2020, the Bank purchased for cancellation 196,100 Common Shares at an average price of $26.37 per share. Related Stories Butterfield Announce Leadership Appointments Butterfield Senior Management Appointments Butterfield... Read more of this article
Lighthouse Medical Partners With Zoll Medical
Lighthouse Medical Supplies, Ltd. announced a new partnership with Zoll Medical Corporation. A spokesperson said, “Lighthouse Medical Supplies, Ltd. today announced a new partnership with Zoll Medical Corporation. This partnership will increase access to state-of-the-art medical devices for Bermuda’s emergency medical and hospital personnel,... Read more of this article
Bermuda Stock Exchange Report: Sept 9 2020
September 9 saw 15,000 shares trade on the Bermuda Stock Exchange, valued at $41,850.00 BD. 15,000 shares were traded by LOM Financial Limited, closing down 0.4% at $2.79 per share. The BSX finished at 1,837.64, even on the day. There were 0 advances, 1 decline, and 56 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Kevin Dallas Joins Bank Of Butterfield
Kevin Dallas — the former Bermuda Tourism Authority CEO — has joined Bank of Butterfield as the Group Head of Marketing and Communications. In a statement earlier today in which the company announced a number of senior management changes, a spokesperson said, “Kevin Dallas has been appointed Group Head of Marketing and Communications. “From... Read more of this article
BILTIR Creates Three New Board Positions
Bermuda International Long Term Insurers and Reinsurers [BILTIR] announced it has created three new positions on its Board of Directors. A spokesperson said, “Sylvia Oliveira, a current Board member, takes up the position of Chair. Ms Oliveira, who is Chair and CEO of Wilton Re Bermuda, has more than 25 years’ experience in the insurance industry,... Read more of this article
Video: Entrepreneur Series: Pacheco & Sons
The MarketPlace has released their third episode of their “MarketPlace Entrepreneur Spotlight” video series — which highlights local entrepreneurs who sell their locally made or grown products through their stores — with the latest episode spotlighting Roger Pacheco and Pacheco & Sons Farm. Mr Pacheco explains that the company was... Read more of this article
Megan Thomas Appointed CEO Of Hamilton Re
Hamilton Insurance Group Ltd announced the appointment of Megan Thomas as Chief Executive Officer of Hamilton Re Ltd., the Company’s reinsurance and insurance platform in Bermuda. “Thomas will report to Group CEO Pina Albo and be based in Bermuda. Pending requisite immigration and regulatory approvals, her anticipated start date will be in... Read more of this article
Bermuda Stock Exchange Report: Sept 8 2020
September 8 saw 15,000 shares trade on the Bermuda Stock Exchange, valued at $42,000.00 BD. 15,000 shares were traded by LOM Financial Limited, closing even at $2.80 per share. The BSX finished at 1,837.70, even on the day. There were 0 advances, 0 declines, and 57 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Athene Announces 2020 Scholarship Recipients
Athene Holding Ltd. [Athene] and its subsidiary Athene Life Re [ALRe] today announced the 2020 recipients of the Athene Scholarship and recognized the first three graduates of the Athene Scholarship program. A spokesperson said, “Founded last year, the Athene Scholarship program is designed to help build the future workforce in Bermuda in areas... Read more of this article
BF&M Reports Half Year Earnings Of $10.4M
BF&M Limited today reported shareholders’ net income for the six months ended 30th June, 2020, of $10.4 million. Shareholders’ net income for the comparative six month period of 2019 was $11.4 million. Group Chairman and CEO John Wight stated: “We were able to report strong operating results for the first half of 2020. Both our Property &... Read more of this article
Advisory: Website/Emails Falsely Linked To BMA
The Bermuda Monetary Authority [BMA] has advised that anyone who receives an email from the domain www.bmafinancier.com to “ignore its contents and to report it to the Bermuda Police Service.” A spokesperson said, “The Bermuda Monetary Authority [BMA] has been made aware that an internet domain has been registered in the name of www.bmafinancier.com. “While... Read more of this article
