Hashtag: #BermudaBusiness
Coldwell Banker Mid-Summer Market Update
Coldwell Banker Bermuda Realty provided their 2019 Mid-Summer Market update, saying that “in-house analysis indicates between January and April of this year, 111 properties had price reductions island wide” and there has been an increase in the number of cash buyers. A spokesperson said, “‘What’s the market like?’... Read more of this article
Aerin Lauder Named As Rosewood Curator
Rosewood Hotels & Resorts has added entrepreneur Aerin Lauder to its Rosewood Curators program, “a carefully selected group of luminaries and leaders who share travel recommendations and insider tips for Rosewood destinations around the world.” A spokesperson said, “Rosewood Hotels & Resorts, the ultra-luxury hotel group that... Read more of this article
Bermuda Stock Exchange Report: Aug 19 2019
August 19 saw 7,183 shares trade on the Bermuda Stock Exchange, valued at $145,739.54 BD. 5,123 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $26.99 per share, while another 2,000 shares were traded by Argus Group Holdings Ltd, closing down 4.5% at $3.20 per share. 60 shares were traded by BF&M Ltd, closing at an even $17.25... Read more of this article
MarketPlace Promotes Racquel Liverpool
The MarketPlace Ltd announced the promotion of Racquel Liverpool to Human Resource Manager. “In her new role, Ms Liverpool, will continue reporting to the Director of Administration and her major responsibilities will be associated with recruitment, selection, training and development, performance management and employee relations for The MarketPlace... Read more of this article
Registry General On Intellectual Property Rights
The Department of the Registry General and the Office of Intellectual Property are reminding the public to “take the necessary steps to protect their intellectual property rights.” “Intellectual property [IP] qualifies as something novel or the intangible creation of the human intellect. An idea alone is not intellectual property.... Read more of this article
Maxim Magazine Spotlights Goslings Rums
It’s been said that rum is a tonic which clarifies the vision. And according to the online edition of international men’s magazine Maxim, two of the best rums in the world when it comes to clarifying things are Gosling Brothers Ltd.’s Papa Seal Single Barrel and Family Reserve Old Rum. The Bermuda wine and spirits company exports a... Read more of this article
Shipping Schedule: Week Starting August 17
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday August 17th. On Saturday Saturday the Anthem of the Seas and the Carnival Sunrise cruise ships and the Esperanza container ship are expected, on Sunday the Norwegian Gem cruise ship and the Oleander container ship will arrive,... Read more of this article
Bermuda Stock Exchange Report: Aug 16 2019
August 16 saw 13,202 shares trade on the Bermuda Stock Exchange, valued at $157,230.98 BD. 9,700 shares were traded by Somers Limited, closing even at $15.00 per share, while another 3,502 shares were traded by Argus Group Holdings Ltd, closing up 4.7% at $3.35 per share. The BSX finished at 1,921.37, up 0.16% on the day. There was 1 advance, 0 declines,... Read more of this article
BII Conference To Focus On Transformation
Topics ranging from cannabis and opioids to climate change are set to take centre stage at a major insurance conference. The Bermuda Insurance Institute [BII] will hold its annual conference on October 3 and has chosen ‘transformation’ as the overall theme. Matthew Irvine, Conference Chair, said: “Every generation feels that their period in time... Read more of this article
Aspen Insurance Report Six Month Results
Bermuda-based Aspen Insurance Holdings Limited reported operating income of $101.8 million, and a net loss of $[37.3] million, for the six months ended June 30, 2019. Mark Cloutier, Chief Executive Officer, commented: “We continue to see improvement in our underwriting performance as a result of our focus on underwriting discipline and active management... Read more of this article
Estera Receive Platinum Employer Accreditation
Estera has received Platinum Employer Partner Accreditation from STEP, the highest of three accreditation levels awarded under STEP’s Employer Partnership Programme. “STEP is the leading global professional association for practitioners who specialise in family inheritance and succession planning. Receiving the STEP Platinum Partner Accreditation... Read more of this article
Arch To Acquire Ventus Risk Management
Arch Insurance North America [Arch] announced it has entered into a definitive agreement to acquire Ventus Risk Management [Ventus], a technology and analytics-driven managing general underwriter [MGU] that specializes in providing coastal commercial property insurance solutions to small and mid-sized enterprises. Ventus was founded in 2016, with the... Read more of this article
