Hashtag: #BermudaBusiness
Markel Bermuda To Sponsor Race For Memories
Markel Bermuda Limited has announced it will be sponsoring its first ever run/walk event in Bermuda on March 29, with proceeds going to assist the charity Action on Alzheimer’s & Dementia [AAD]. A spokesperson said, “Markel Bermuda Limited has announced it will be sponsoring its first ever run/walk event in Bermuda on March 29, with proceeds... Read more of this article
FPT & Treefrog Consulting Launch ILS Software
Foundation Platform Technologies [FPT] in partnership with Treefrog Consulting Ltd has officially launched an ILS software called “Foundation” – a powerful pricing, risk and portfolio management solution. A spokesperson said, “Foundation Platform Technologies [FPT] in partnership with Treefrog Consulting Ltd has officially launched... Read more of this article
Bermuda Stock Exchange Report: March 11 2020
March 11 saw 300 shares trade on the Bermuda Stock Exchange, valued at $4,500.00 BD. 300 shares were traded by Somers Limited, closing up 25.0% at $15.00 per share. The BSX finished at 1,791.25, up 1.13% on the day. There was 1 advance, 0 declines, and 59 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Watford Holdings Declares Quarterly Dividend
Watford Holdings Ltd. announced that it intends to pay to holders of record a quarterly dividend on its 8½% Cumulative Redeemable Preference Shares. The company said, “Watford Holdings Ltd. [Watford] announced today that on March 31, 2020, it intends to pay to holders of record as of March 15, 2020 a quarterly dividend on its 8½% Cumulative... Read more of this article
Bermuda Stock Exchange Report: March 10 2020
March 10 saw 4,154 shares trade on the Bermuda Stock Exchange, valued at $35,959.75 BD. 625 shares were traded by Bank of N.T. Butterfield Ltd, closing down 10.4% at $24.00 per share, while another 200 shares were traded by Argus Group Holdings Ltd, closing up 0.4% at $2.63 per share. 300 shares were traded by Ascendant Group Limited, closing down 0.2%... Read more of this article
IAC Set To Hold Training Event On March 26
The Inter-Agency Committee for Children and Families [IAC] will be launching its 2020 training calendar with an event on Thursday, March 26. A spokesperson said, “On March 26, IAC will be launching its 2020 training calendar with an exciting Ted Talk style event titled ‘Succeeding in complex times: working smarter, not harder in human services.’ “The... Read more of this article
‘Protecting Our Planet & The Public Purse’
Guy Carpenter has released a new report: Protecting Our Planet & The Public Purse, which highlights how the “risk landscape for public sector entities is changing at an unparalleled rate.” A spokesperson said, “Severe weather events and demographic challenges are putting an increasing strain on government finances, requiring a... Read more of this article
UNWTO Predict $30 – $50B Global Tourism Loss
The COVID-19 outbreak may cause an “estimated loss of $30 to 50 billion in international tourism receipts,” the United Nations World Tourism Organization [UNWTO] said, with Asia and the Pacific likely to be the worst affected regions. A statement from the global organisation said, “UNWTO has revised its 2020 prospects for international... Read more of this article
IoD Celebrates International Women’s Day
People should be able to explain in 30 seconds why are they are a good choice to sit on a board, according to Kim Perdikou, an independent director, who was talking at an event to mark International Women’s Day in Bermuda. About 50 people, mainly women, attended the event on Friday which was organised by KPMG and the Bermuda branch of the Institute... Read more of this article
Blue Capital To Delist From NYSE & BSX
In a filing with the Bermuda Stock Exchange [BSX], Blue Capital Reinsurance Holdings Ltd announced intent to voluntarily delist from NYSE and BSX. The full filing stated: “Blue Capital Reinsurance Holdings Ltd. [Blue Capital] announces its intention to file a Form 25 [Notification of Removal from Listing and/or Registration under Section 12[b]... Read more of this article
Bermuda Stock Exchange Report: March 9 2020
March 9 saw 700 shares trade on the Bermuda Stock Exchange, valued at $18,760.00 BD. 700 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.4% at $26.80 per share. The BSX finished at 1,897.51, down 0.24% on the day. There were 0 advances, 1 decline, and 59 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Butterfield Invites Applications For Scholarships
The Bank of N.T. Butterfield & Son Limited is accepting applications for its undergraduate and postgraduate scholarships. The deadline for both scholarships is Friday 27 March 2020. Undergraduate Scholarship A spokesperson said, “The Sir Harry D. Butterfield Undergraduate Scholarship is awarded to a Bermudian student commencing, or already... Read more of this article
