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Butterfield Bank: January Share Repurchases
In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of January 2020, the Bank purchased for Treasury 252,000 Common Shares at an average price of $35.69 per share. Related Stories Butterfield Share Repurchases For Nov 2025 Butterfield Share Repurchases For Oct 2025 Butterfield Share... Read more of this article
PartnerRe Dividends On Preferred Shares
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period December 1, 2019 – February 29, 2020 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on... Read more of this article
Radian Closes $488M Reinsurance Transactions
Radian Group Inc. announced that it has obtained $488 million of fully collateralized excess of loss reinsurance coverage from Eagle Re 2020-1 Ltd. The company said, “The excess of loss reinsurance covers eligible mortgage insurance policies written by Radian Guaranty in January through September 2019, excluding single premium payment policies.... Read more of this article
RenaissanceRe Report Net Income Of $33.8M
RenaissanceRe Holdings reported net income available to RenaissanceRe common shareholders of $33.8 million, or $0.77 per diluted common share, in the fourth quarter of 2019, compared to a net loss attributable to RenaissanceRe common shareholders of $83.9 million, or $2.10 per diluted common share, in the fourth quarter of 2018. Operating income available... Read more of this article
Bermuda Stock Exchange Report: Feb 4 2020
February 4 saw 11,800 shares trade on the Bermuda Stock Exchange, valued at $70,110.00 BD. 200 shares were traded by BF&M Ltd, closing down 1.2% at $20.25 per share, while another 10,600 shares were traded by One Communications Ltd, closing up 8.3% at $3.79 per share. 1,000 shares were traded by Watlington Waterworks Ltd, closing up 4.0% at $26.00... Read more of this article
Fidelis Appoints Daniel Burrows & Ian Burford
Fidelis Insurance announced that founder member Daniel Burrows has been promoted to Group Managing Director for the Fidelis Group and Ian Burford has been appointed to Chief Executive Officer for Fidelis Underwriting Limited [FUL]. Burrows joined Fidelis in 2015 and previously was co-CEO of AonBenfield’s Global ReSpeciality [GRS] division. Burford... Read more of this article
Hotelco Plans To Redevelop St. George´s Club
Hotelco said it intends to acquire the St. George’s Club and plans “to renovate and redevelop this much beloved property in the same spirit as we are developing the neighboring St. Regis Bermuda Resort.” This follows after the operators confirmed the Club would close on January 31st, stating that “after more than 25 years of operation,... Read more of this article
Horizon Applies For ICOL Regulatory License
Horizon Communications announced that it has “applied for a regulatory license to operate a new high-speed wireless 4G LTE solution for homes and businesses in Bermuda.” Horizon previously announced plans to raise funds from an Intial Coin Offering [ICO] with an aim to launch internet service in June 2018, and in explaining the change of... Read more of this article
Ann Manal Joins RenaissanceRe As CHRO
RenaissanceRe Holdings announced that Ann Manal has joined the Company as Chief Human Resources Officer responsible for overseeing the global HR Function. She will be based at the Company’s Bermuda headquarters. Kevin O’Donnell, President and Chief Executive Officer, stated: “I am delighted to welcome Ann to our global leadership team. “At... Read more of this article
Appleby Global Services Launches In Seychelles
Appleby Global Services, a global fiduciary services provider has opened an office in The Republic of Seychelles. The Seychelles office opening follows the launch of AGS in January 2019. Appleby Global Services is now present in seven jurisdictions: Bermuda, the Cayman Islands, Hong Kong, Jersey, Isle of Man, Mauritius and Seychelles. The Managing Director... Read more of this article
Bermuda Stock Exchange Report: Feb 3 2020
February 3 saw 0 shares trade on the Bermuda Stock Exchange The BSX finished at 2,216.84, even on the day. There were 0 advances, 0 declines, and 60 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 29 2025 Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report:... Read more of this article
Appleby ‘Thrilled To Sponsor Empowering Event’
Appleby said they are “delighted to sponsor WeSpeak’s first female event of 2020,” with the firm saying that to “underscore our commitment, Appleby has also invited all its female employees across all areas of Appleby and Appleby Global Services, including lawyers, business support and legal executive assistants to attend, with... Read more of this article
