Hashtag: #BermudaBusiness
Markel Launch Lodgepine Capital Management
Markel Corporation announced the launch of Lodgepine Capital Management Limited, its new retrocessional Insurance Linked Securities [ILS] fund manager in Bermuda, together with a reinsurance company, Lodgepine Re. Lodgepine’s initial product offering will be the Lodgepine Fund, a property catastrophe retrocessional investment fund ahead of the 2020... Read more of this article
New Operators Plan Upgrades At Snorkel Park
One of the West End’s most popular attractions is set to be “transformed into a world-class beachfront fun zone under plans by new operators,” WEDCO said, as a group of Bermudian entrepreneurs with “extensive destination management experience have joined forces to run Snorkel Park.” A spokesperson for the group said: “We’re... Read more of this article
MarketPlace Launches Online Ordering Service
The MarketPlace today announces the launch of its online ordering and pick-up service beginning at the Hamilton MarketPlace, with more stores to offer the service before the New Year. The company said, “Grocery shopping has never been easier – or faster! Starting September 9 customers can shop for their groceries online on Marketplace.bm, or... Read more of this article
Horseshoe Unveil New Brand For Anniversary
Horseshoe, a Bermuda headquartered Insurance-Linked Securities [ILS] service provider in the world, today unveiled its new brand. Andre Perez, Founder and Chief Executive Officer of Horseshoe commented, “As we approach our 15th anniversary, we reflect on our journey, the hard work, passion, focus and discipline that led us to the success we enjoy... Read more of this article
IoD Bermuda October 2019 PD Modules
The Fall series of director development courses have been organized by the Bermuda branch of the Institute of Directors. “In a recent survey of our members, 87 percent said locally offered professional designation courses were very or somewhat important,” said Rochelle Simons, the IoD branch chair. “We are therefore pleased that we will host two... Read more of this article
Matalin & Carville To Speak At BILA Conference
Duelling husband-and-wife political consultants and commentators Mary Matalin and James Carville will be keynote speakers at the upcoming 2019 Bermuda International Life & Annuity [BILA] Conference. Ms Matalin, a conservative from Chicago, served under US President Ronald Reagan, was director of George H. W. Bush’s re-election campaign, an... Read more of this article
Shipping Schedule: Week Starting September 7
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday September 7th. On Saturday the World Spirit vehicles carrier is expected, on Monday the Oleander container ship, the Anthem of the Seas and the Carnival Breeze cruise ships and the Seasalvia oil products tanker will arrive,... Read more of this article
One Communications Sept. Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd., advised that pursuant to BSX Regulation Section IIA 6.14[2][i], on 5 September 2019, 10,000 shares were repurchased at an average price of $3.75 for immediate cancellation. Related Stories One Communications Share Repurchases One Communications Share Repurchase One Communications... Read more of this article
Bermuda Stock Exchange Report: Sept 6 2019
September 6 saw 300 shares trade on the Bermuda Stock Exchange, valued at $8,400.00 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.7% at $28.00 per share. The BSX finished at 2,002.38, up 2.30% on the day. There was 1 advance, 0 declines, and 55 remained unchanged. The full report for the day is available here [PDF], and the... Read more of this article
Chubb Appoints Paugh As Senior Vice President
Chubb Bermuda has appointed James Paugh as Senior Vice President, General Counsel, Chubb Bermuda Insurance Limited, effective September 1, 2019. In this role, Mr. Paugh will direct all legal and regulatory activities within Chubb Bermuda and Chubb Bermuda International. Mr. Paugh’s responsibilities include overseeing the company’s legal matters... Read more of this article
Colonial Mobilising To Help Hurricane Victims
The Colonial Group International said they are “closely monitoring the impact of Hurricane Dorian on the Bahamas and positioning staff and resources to help people in need. “The hurricane is clearly a massive catastrophe for the Bahamas, particularly for the residents of Grand Bahama and the Abaco Islands, which were subjected to the worst... Read more of this article
Polaris Presents $10K In Education Awards
Polaris Holding Company Chairman Cheryl Hayward-Chew recently presented $10,000 in education awards to four students headed to university this month. A spokesperson said, “The annual $10,000 Polaris Holding Company Education Award [PHCEA] was set up to assist student-dependents of Stevedoring Services employees with funds for their tertiary level... Read more of this article
