Hashtag: #BermudaBusiness
Argus Closing Office, Offer Phone/Email Service
The Argus Group today announced it would be closing its offices to walk-in traffic from 5:00 pm on Wednesday, March 18th, 2020 and serving its customers exclusively through phone, email and online services. Alison Hill, CEO of The Argus Group, said: “During this unprecedented time, the health and safety of our staff, our customers and the community... Read more of this article
Column: Remote Working & Meeting Basics
[Opinion column written by Lorene Phillips] We have always known the benefits of working remotely included, among other things, flexibility [work life balance], cost reduction [need for less office space] as well as the ability to effectively collaborate and have meetings globally. As we know, the new Covid-19 pandemic is forcing the world to adapt... Read more of this article
‘CHW Taking Steps To Protect Health & Safety’
Cox Hallett Wilkinson Limited [CHW] and its affiliates are “taking steps to protect the health, safety and well-being of our employees and clients.” A spokesperson said, “In light of the uncertainty that we all face as individuals and as a business with the outbreak of COVID-19 [Coronavirus], Cox Hallett Wilkinson Limited and its affiliates,... Read more of this article
Bermuda Stock Exchange Report: March 17 2020
March 17 saw 11,400 shares trade on the Bermuda Stock Exchange, valued at $160,020.00 BD. 500 shares were traded by Bank of N.T. Butterfield Ltd, closing down 20.8% at $19.00 per share, while another 7,900 shares were traded by BF&M Ltd, closing down 1.4% at $17.70 per share 3,000 shares were traded by One Communications Ltd, closing even at $3.75... Read more of this article
Covid-19: Rosedon Hotel To Temporarily Close
In an effort to help mitigate the spread of the Covid-19 virus, Rosedon Hotel will temporarily cease hotel operations on Wednesday, March 18 and Huckleberry Restaurant will cease to provide on-site dining and will transition to offering a drive-through/takeout service. A spokesperson said, “In an effort to help mitigate the spread of the Covid-19... Read more of this article
Multiple Flight Suspensions For Bermuda
[Updated] American Airlines and WestJet have announced flight suspensions for Bermuda, the Ministry has announced. A spokesperson said, “Today, the Ministry of Tourism and Transport received confirmation that American Airlines [AA] and WestJet [WJ] have announced flight suspensions for Bermuda. “The public is advised that effective immediately,... Read more of this article
Covid-19: Temporary Closing of BUEI Facilities
BUEI’S Ocean Discovery Centre, gift shop and tram will be temporarily closing to the public effective today [March 17] for a minimum of two weeks. A spokesperson said, “The health and safety of BUEI’s community — our guests, members, supporters, and team members — is our top priority. “With that consideration in mind, BUEI’S Ocean... Read more of this article
Permit To Be Revoked If Worker Violates Order
[Updated] All individuals, including guest workers, arriving into Bermuda are required to self-quarantine for 14 days and “any guest worker found to be violating the self-quarantine order will immediately have their work permit revoked,” Minister of National Security Wayne Caines said. A government spokesperson said, “The Minister... Read more of this article
TLC Group Takes Measures Due To Coronavirus
In light of the ongoing coronavirus pandemic, The TLC Group is taking measures “to ensure the safety of its trainers, clients, and the wider community” and “offering a 5% discount on any of our Covid-19 special services related to remote working implementation and support.” A spokesperson said, “In light of the recent developments... Read more of this article
Conyers Activates Business Continuity Strategy
In the wake of the ongoing coronavirus pandemic, Conyers has activated its business continuity planning strategies, “which ensures that they can continue providing services to their clients while also preventing the spread of the Coronavirus virus.” A spokesperson said, “Conyers has been carefully monitoring the coronavirus [Covid-19]... Read more of this article
Multi-Strat Enters Agreement With Canopius
Multi-Strat Holdings said they are pleased to announce a majority acquisition of the company by Canopius Group Limited [Canopius]. “Canopius is a global specialty [re]insurer headquartered in London. One of the top five businesses at Lloyd’s, Canopius writes in excess of $2bn premium annually. The Group is domiciled in Jersey and operates in... Read more of this article
Polaris Holding Company Share Repurchase
In a filing with the Bermuda Stock Exchange [BSX], Polaris Holding Company Limited advised that shares were repurchased. The filing stated; “Please note that, pursuant to an Amalgamation Agreement dated 14 March 2019, between the Company, Duck’s Puddle Properties Ltd. [DPPL] and the other parties as set forth therein [the “Amalgamation Agreement”],... Read more of this article
