Hashtag: #BermudaBusiness
Appleby’s Economic Substance Online Tool
Law firm Appleby launched an online Economic Substance Questionnaire last month, which provides complimentary guidance on the economic substance regulations introduced in the jurisdictions of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, the Isle of Man and Jersey. “Since its launch on the 12 July, 1,578 clients from around... Read more of this article
Bermuda Stock Exchange Report: Aug 22 2019
August 22 saw 36 shares trade on the Bermuda Stock Exchange, valued at $540.00 BD. 36 shares were traded by Somers Limited, closing even at $15.00 per share. The BSX finished at 1,918.37, 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... Read more of this article
Entrepreneurs Invited To Explore Tennis Heritage
As Bermuda’s marketing partnership with the US Open gets underway next week, the Bermuda Tourism Authority [BTA] is encouraging entrepreneurs, museum curators and artists to come up with ideas to showcase the island’s history around the sport of tennis, with workshops being held on August 28 and August 29. A spokesperson said, “The best proposals... Read more of this article
One Communications August 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 20 August 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: Aug 21 2019
August 21 saw 3,834 shares trade on the Bermuda Stock Exchange, valued at $103,517.49 BD. 3,834 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $27.00 per share. The BSX finished at 1,918.37, up 0.02% on the day. There was 1 advance, 0 declines, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Liberty Specialty Markets Summer Interns
The Liberty Specialty Markets recently welcomed students for their Bermuda Summer Internship Experience, which is designed to “develop the students’ interest in the Insurance Industry and to equip them with the necessary tools needed to thrive in the corporate world by exposing them to real projects consistent with the latest industry trends... Read more of this article
Bank Foundation Awards $950K In Scholarships
The Bank of Bermuda Foundation recently held its annual Scholarship Awards reception at the Bermuda Underwater Exploration Institute. The event, a celebration of the achievement of twenty young and deserving local students, saw the Foundation award in excess of $950,000 in scholarships. A spokesperson said, “Bank of Bermuda Foundation continues... Read more of this article
Appleby Announces Award & Bursary Recipients
For the last 40 years, the partners of Appleby have provided awards and bursaries to qualified Bermudian applicants who have demonstrated academic excellence within the legal field, community outreach and extracurricular activities. The year’s Legal Education award, valued at $30,000, is awarded to Karim Creary, a graduate from St. Lawrence University... Read more of this article
Bermuda Stock Exchange Report: Aug 20 2019
August 20 saw 10,000 shares trade on the Bermuda Stock Exchange, valued at $37,500.00 BD. 10,000 shares were traded by One Communications Ltd, closing even at $3.75 per share. The BSX finished at 1,917.92, 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... Read more of this article
Hamilton Announces Acquisition & Appointments
Hamilton Insurance Group, Ltd., today [Aug 20] announced that it has completed its acquisition of Pembroke Managing Agency Limited [“Pembroke”] and its platform at Lloyd’s, as well as Dublin-based carrier, Ironshore Europe DAC [“IEDAC”], from Liberty Mutual Group Inc. ["Liberty"]. The transaction, which follows the signing of a definitive... Read more of this article
Beer & Wine Experience At Harbour Nights
The Bermuda Chamber of Commerce have announced the addition of an outdoor beer and wine experience at Harbour Nights. A spokesperson said, “Overlooking the water on the Pier 6 lawn, Phil Barnett, Kirstin Schwaegerl and the team from Island Restaurant Group, will offer a selection of beers from Dockyard Brewing Co and also a range of wines.” Ms.... Read more of this article
Bermuda Tech Week To Celebrate Innovation
Bermuda Tech Week 2019 will take place at the Hamilton Princess & Beach Club in October, set to “explore future opportunities and challenges presented by emerging technologies such as artificial intelligence, blockchain, digital assets, insurtech and virtual reality.” A spokesperson said, “Registration is under way and filling... Read more of this article
