Hashtag: #BermudaBusiness
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
Bermuda Stock Exchange Report: Jan 28 2020
January 28 saw 3,538 shares trade on the Bermuda Stock Exchange, valued at $86,231.00 BD. 1,726 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.7% at $33.75 per share, while another 500 shares were traded by Somers Limited, closing down 20.0% at $12.00 per share. 1,312 shares were traded by BF&M Ltd, closing down 10.4% at $18.36... Read more of this article
Column: Why I Never Use Airbnb’s Smart Pricing
[Column written by Ade Brown] One of the most common questions I get asked is whether or not to use Airbnb’s pricing tips. Don’t! This is a very common mistake that new hosts make, even myself. I fell victim to Airbnb’s pricing band. While using smart pricing was great in getting my calendar filled, it was horrible for my property’s revenue... Read more of this article
BLDC Selects Clearwater Beach Concessionaire
Bermuda Land Development Company has selected a concessionaire for Clearwater Beach, saying that JAS Ltd will become the tenant for the three buildings, including the bar/restaurant area, the beach services building and the beach cabana. A spokesperson said, “Bermuda Land Development Company Limited [BLDC] is pleased to announce the selection... Read more of this article
Princess Offer Australian Menu To Help Wildlife
Hamilton Princess & Beach Club is raising money for Australian charity, Sydney Wildlife, in the wake of the country’s devastating bushfires. Marcus’, the hotel’s flagship restaurant, will be offering a special, Australian-themed a la carte menu for lunch and dinner on Friday, January 31st, with proceeds set to assist orphaned native animals... Read more of this article
