Hashtag: #BermudaBusiness
Bermuda Stock Exchange Report: Aug 13 2019
August 13 saw 1,500 shares trade on the Bermuda Stock Exchange, valued at $12,000.00 BD. 1,200 shares were traded by Devonshire Industries Ltd, closing down 17.7% at $3.25 per share, while another 300 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $27.00 per share. The BSX finished at 1,914.38, down 0.02% on the day. There were... Read more of this article
Lawyers Relocate To Carey Olsen In Hong Kong
Law firm Carey Olsen has added Bermuda law capabilities to its Hong Kong office with the relocation of Bermudians Henry Tucker and Kyle Masters. “The arrival of Mr. Tucker and Mr. Masters, who were members of the dispute resolution and litigation practice at Carey Olsen Bermuda prior to heading to Hong Kong, means the Hong Kong office now boasts... Read more of this article
Maiden Holdings Announce Q2 Financial Results
Bermuda-based Maiden Holdings, Ltd. reported a second quarter 2019 net loss attributable to Maiden common shareholders of $15.4 million or $0.19 per diluted common share, compared to a net loss attributable to Maiden common shareholders of $5.9 million or $0.07 per diluted common share in the second quarter of 2018. The non-GAAP operating loss was $22.0... Read more of this article
Bermuda Stock Exchange Report: Aug 12 2019
August 12 saw 4,000 shares trade on the Bermuda Stock Exchange, valued at $94,000.00 BD. 3,000 shares were traded by Ascendant Group Limited, closing at an even $30.00 per share, while the other 1,000 shares were traded by One Communications Ltd, closing down 1.3% at $3.75 per share. The BSX finished at 1,914.67, down 0.04% on the day. There were 0... Read more of this article
Destination Dockyard Cancelled Due To Weather
This evening’s [Aug 12] Destination Dockyard has been cancelled due to the weather, the organisers said. Stephanie Rodill, the West End Development Corporation’s Marketing and Events Manager, said: “We are very disappointed to have to cancel but we cannot change the weather. “Destination Dockyard runs until August 26, every Monday night... Read more of this article
Crypto Firm Circle Engages Oyster Consulting
Circle, an global crypto financial services company, engaged Oyster Consulting [Bermuda], to help guide them through a successful application process for the Class F license, and to provide compliance services for the future. “In June 2019 Circle became first full-service crypto finance company with a trading desk, stable coin and exchange to... Read more of this article
Assured Guaranty To Acquire BlueMountain
Assured Guaranty – a publicly traded Bermuda-based holding company — has entered into an agreement to purchase all of the outstanding equity interests in BlueMountain Capital Management, LLC and its associated entities for a purchase price of approximately $160 million, subject to certain adjustments. BlueMountain is an alternative asset... Read more of this article
Shipping Schedule: Week Starting August 10
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday August 10th. On Sunday the Adventure of the Seas and Norwegian Gem cruise ships and the Oleander container ship are expected, on Monday the Anthem of the Seas cruise ship and the Esperanza container ship will arrive, and... Read more of this article
Sompo To Include Smaller Commercial Clients
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Sompo Global Risk Solutions [GRS] has formed a new team offering insurance solutions to smaller businesses in the U.S. and Mexico, including its industry vertical and Asian interest accounts. “The creation of... Read more of this article
Bermuda Stock Exchange Report: August 9 2019
August 9 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 1,915.35, even on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock... Read more of this article
Ascendant Group Shareholders Approve Sale
The shareholders of Ascendant Group — the parent company of BELCO — today approved the sale of the Company to Algonquin Power & Utilities Corp. A spokesperson said, “Ascendant Group Limited, a publicly traded provider of energy and energy-related services, today announced that at the special general meeting of the shareholders... Read more of this article
PartnerRe Declare Preferred Shares Dividends
Bermuda-based PartnerRe Ltd. announced that its Board of Directors has declared a dividend for the period June 1, 2019 – August 31, 2019 of $0.40625 per share on the Company’s 6.50% Series G Cumulative Redeemable Preferred Shares, $0.453125 per share on the Company’s 7.25% Series H Cumulative Redeemable Preferred Shares, and $0.3671875 on the... Read more of this article
