Hashtag: #BermudaBusiness
Bermuda Stock Exchange Report: Jan 30 2020
January 30 saw 24,182 shares trade on the Bermuda Stock Exchange, valued at $558,371.11 BD. 5,034 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.5% at $33.30 per share, while another 17,948 shares were traded by BF&M Ltd, closing up 1.3% at $20.50 per share. 500 shares were traded by Bermuda Press [Holdings] Ltd, closing at... Read more of this article
Bermuda Civil Aviation Team In Kazakhstan
Senior management from the Bermuda Civil Aviation Authority [BCAA] are in Kazakhstan this week to hold meetings with the Aviation Administration of Kazakhstan [AAK] and various airline and aircraft operators as “part of BCAA’s strategy to widen its global offering.” “In November 2019, an ICAO Article 83bis Agreement was officially... Read more of this article
Video: ‘Taking Off’ Highlights New Buildings
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport redevelopment project, with this episode highlighting the newly constructed buildings next to the main terminal. Speaking in the episode, Mikaela Pearman said, “If you’ve driven by the site of the new airport passenger... Read more of this article
IoD To Hold A Workshop On February 24
Business leaders are invited to a workshop that examines changes in the definition of a company’s purposes and explores approaches to formulate, embed and communicate purpose to address ESG reporting requirements. Deborah Morton-Dare, a Chartered Accountant who specialises in financial and strategic management training for all levels of financial... Read more of this article
Aspen Appoints Andrew Kudera As Executive VP
Aspen Insurance Holdings announced that Andrew [Andy] Kudera has been appointed Executive Vice President and Group Chief Actuary, effective February 3, 2020. Mr. Kudera brings 40 years of actuarial experience in the re/insurance industry to Aspen. Prior to managing his own consulting firm, he served as Executive Vice President and Group Chief Actuary... Read more of this article
AXIS Capital’s Fourth Quarter 2019 Results
AXIS Capital Holdings today announced financial results for the fourth quarter ended December 31, 2019. Commenting on the fourth quarter 2019 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “We did not deliver the financial results we expected in 2019, as our performance suffered from a record typhoon season in Japan,... Read more of this article
Walker Arcade & The Calypso Building For Sale
The Walker Arcade and Calypso Building are for sale, with the two Hamilton properties comprising over 36,000 square feet. A spokesperson said, “Coldwell Banker is pleased to announce that they have received instructions to sell two of the cities most recognized commercial properties, The Walker Arcade and The Calypso Building. The two properties... Read more of this article
Bermuda Stock Exchange Report: Jan 29 2020
January 29 saw 9,847 shares trade on the Bermuda Stock Exchange, valued at $220,484.99 BD. 4,104 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.2% at $33.81 per share, while another 3,243 shares were traded by BF&M Ltd, closing up 10.2% at $20.24 per share. 500 shares were traded by Bermuda Press [Holdings] Ltd, closing up 25.0%... Read more of this article
BVA, BGA Donate To Bermuda Cancer & Health
The Bermuda Volleyball Association [BVA] and BGA Wholesale Distributors donated $2,000 to Bermuda Cancer & Health following the SolRX Beach Tournament held last year. A spokesperson said, “The Bermuda Volleyball Association and BGA Wholesale Distributors have donated $2,000 to Bermuda Cancer & Health following the SolRX Beach Tournament... Read more of this article
Chamber Info Session On Pension Legislation
The Bermuda Chamber of Commerce is partnering with the CFA Society Bermuda to present a Lunch and Learn on the changes to the Pension Legislation. The session open to members and non members and will be held at Chamber of Commerce on Wednesday, February 5th, from 12:30pm-2:00pm. Presenting the interactive and informative session will be Mr. Peter Sousa,... Read more of this article
Column: World Economic Impact Of Coronavirus
[Written by Joseph Sroka] The enthusiasm from the Phase One U.S. – China trade agreement was quickly tempered as fear of the economic impact of the Coronavirus on global growth seeped into the markets. Major market averages saw their first weekly decline for the year. Despite the headline health scare, corporate earnings reporting season rolls... Read more of this article
Sarah Carr Joins Bowring Marsh Bermuda
Bowring Marsh, the international placement specialist of Marsh, announced today that Sarah Carr has joined the firm as Financial and Professional Liability [FINPRO] Placement Leader in Bermuda, reporting to Chris Reeves, CEO, President, and COO, Bowring Marsh Bermuda. In this role, Ms. Carr is responsible for leading a team of Bowring Marsh colleagues... Read more of this article
