Hashtag: #BermudaBusiness
AM Best Affirms Credit Ratings Of OCIL
AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” of Oil Casualty Insurance, Ltd [OCIL] [Hamilton, Bermuda]. AM Best also has affirmed the Long-Term Issue Credit Rating of “bbb” on the $200 million 8.00% deferrable subordinated debentures, due Sept. 15, 2034. The outlook of these... Read more of this article
Digicel Working To Restore Impacted Sites
Digicel teams are working around the clock to restore any of the impacted sites to get them back up and operational. A spokesperson said, “At Digicel our customer experience and keeping our Network up and running is our core focus; our teams are working around the clock to restore any of the impacted sites to get them back up and operational.... Read more of this article
Shipping Schedule: Week Starting September 21
[Updated] The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday September 21st. On Saturday the Grandeur of the Seas cruise ship is expected, on Sunday the Norwegian Dawn cruise ship, the Oleander container ship and the Agisilaos oil products tanker will arrive, and on Monday... Read more of this article
Arch Insurance & Marsh Launch Blue Vault
Arch Insurance [UK] Limited, in collaboration with Marsh, the world’s leading insurance broker and risk adviser, announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of digital asset private keys held in traditional vault facilities. Private keys are the alphanumeric data that enable the transaction... Read more of this article
Bermuda Stock Exchange Report: Sept 20 2019
September 20 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,084.37, even on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 15 2026 Bermuda Stock Exchange Report: Jan 14 2026 Bermuda Stock Exchange... Read more of this article
Dockyard’s Mall Open For Business Tomorrow
The Mall at Dockyard will reopen tomorrow as the Grandeur of the Seas is due to arrive on Saturday and the Norwegian Dawn on Sunday. However, the West End Development Corporation [WEDCO] is warning people that Dockyard is still in ‘hurricane mode’ with boats taken out of the water for Hurricane Humberto still on the roads and cleaning up work still... Read more of this article
Colonial Urges People To Check Policies
Colonial Insurance is urging their customers to ensure their policies are current and up to date. A spokesperson said, “Hurricane Jerry is currently tracking to become a potential threat to Bermuda by early next week. We continue to urge all of our customers to ensure that their Colonial policies are current and up to date. “We wish to advise... Read more of this article
Sonal Patel Named Estera Managing Director
Estera has appointed Sonal Patel as Managing Director, Head of Sales – Americas, Bermuda and Caribbean. A spokesperson said, “Sonal joins Estera at a significant time for the business as strategic enhancements continue to be implemented across the group, including investments in leadership, facilities and enhanced service capabilities. “Sonal... Read more of this article
Clarien Bank Resumes Normal Operations Friday
Clarien Bank Limited will resume all business operations post Hurricane Humberto on Friday, September 20. The Hamilton and Paget Plaza locations will open at 8:30am per normal for in-branch services. Clarien Bank Limited CEO Ian Truran commented: “Our priority is always the safety of our clients and employees. We have completed a thorough assessment... Read more of this article
Athene Announces Pricing Of Public Offering
Athene Holding Ltd. [Athene] announced the pricing of its public offering of 12,000,000 depositary shares, each representing a 1/1,000th interest in its 5.625% Fixed Rate Perpetual Non-Cumulative Preference Shares, Series B, $1.00 par value and $25,000 liquidation preference per share [equivalent to $25.00 per depositary share], for an aggregate public... Read more of this article
Bermuda Stock Exchange Report: Sept 18 2019
September 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,084.37, even on the day. There were 0 advances, 0 declines, and 56 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Jan 15 2026 Bermuda Stock Exchange Report: Jan 14 2026 Bermuda Stock Exchange... Read more of this article
Freisenbruch-Meyer’s Offices Will Close Today
Freisenbruch-Meyer’s offices will close today [Sept 18] at 12.00pm and will reopen at the earliest at noon tomorrow [Sept 19], the company said. A spokesperson said, “As Hurricane Humberto approaches, we are monitoring weather conditions closely. In support of Minister Caines’ recent Press Conference, we encourage all clients to remain vigilant... Read more of this article
