Hashtag: #BermudaBusiness
Marshall Diel & Myers Appoints New Directors
Law firm Marshall Diel & Myers Limited, has appointed Darren Donnithorne and Dantae Williams as directors. They join existing directors Georgia Marshall, Mark Diel, Ronnie Myers, Katie Tornari and Adam Richards and add a broad range of experience to the senior ranks at the firm. Darren Donnithorne and Dantae Williams Darren Donnithorne is the head... Read more of this article
Conor Sinclair Selected As 2019 AXA XL Scholar
AXA XL, the P&C and specialty risk division of AXA SA, announced that the 2019 AXA XL Scholarship has been awarded to Mount Saint Agnes Academy Valedictorian Conor Sinclair. The AXA XL Scholarship is a four-year full scholarship open to students who are Bermudian or hold Permanent Resident Certificate status and are working toward a degree in [re]insurance... Read more of this article
Everest Re Report Q2 Net Income Of $342.9M
Bermuda-based Everest Re Group reported second quarter 2019 net income of $342.9 million, or $8.39 per diluted common share, compared to net income of $69.9 million, or $1.70 per diluted common share for the second quarter of 2018. After-tax operating income was $320.9 million, or $7.85 per diluted common share, for the second quarter of 2019, compared... Read more of this article
Arch Capital Reports Second Quarter Results
Bermuda-based Arch Capital Group Ltd. announced its 2019 second quarter results. The results included: Net income available to Arch common shareholders of $458.6 million, or $1.12 per share, a 19.0% annualized return on average common equity, compared to $233.2 million, or $0.56 per share, for the 2018 second quarter; After-tax operating income available... Read more of this article
RenaissanceRe Declare $0.34 Quarterly Dividend
The Board of Directors of Bermuda-based RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.34 per common share on its common shares. The dividend is payable on September 30, 2019, to shareholders of record on September 13, 2019. Related Stories RenaissanceRe Announces Dividend Increase RenaissanceRe Announces Quarterly Dividend RenaissanceRe... Read more of this article
Bermuda Stock Exchange Report: July 30 2019
July 30 saw 688 shares trade on the Bermuda Stock Exchange, valued at $14,385.65 BD. 300 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.7% at $32.50 per share, while another 200 shares were traded by One Communications Ltd, closing down 6.3% at $3.75 per share. 83 shares were traded by BF&M Ltd, closing at an even $17.05... Read more of this article
Review: Friday Evening At Lido Complex
[Written by Mikaela Ian Pearman] A Friday evening at the Lido Complex is always a good idea, especially when the weather is good, the cocktails are strong, and the music is on point. I was invited to experience the new Friday evening vibe at the Sea Breeze Terrace last weekend and I happily said yes. For the past couple years, it’s been called The... Read more of this article
ABIR 2018 Global Underwriting Results Released
The Association of Bermuda Insurers and Reinsurers [ABIR] released the 2018 global underwriting results for its member [re]insurers reporting record, gross written premium exceeding $100 billion [US]. ABIR said, “Twenty-one of the 23-member [re] insurers participated in this 2018 report. The companies write insurance and reinsurance from underwriting... Read more of this article
Island Tour Centre Achieves NSSP Certification
The Island Tour Centre has become the latest business certified under the Bermuda Tourism Authority’s National Service Standard Programme [NSSP]. The Bermudian booking agency, which oversees more than 64 sightseeing tours, activities and charters from both its Albuoy’s Point, Hamilton and Dockyard facilities, joins 22 other companies now qualified... Read more of this article
Butterfield Bank Sponsors Bermuda Pride 2019
The Bank of N.T. Butterfield & Son Limited today [July 30] officially announced its sponsorship of Bermuda Pride 2019. A spokesperson said, “Butterfield is providing financial support to OUTBermuda for Bermuda Pride 2019, and will have a presence in the parade and at the community celebration in Victoria Park.” Michael Neff, Butterfield’s... Read more of this article
Training Course In Retail Management
The Department of Workforce Development in partnership with the Bermuda College/PACE are seeking interested individuals to participate in the upcoming training certification course in retail management. “The retail management training programme will run from late August to September and will include on-line and classroom study, inclusive of practical... Read more of this article
Trio Join Ownership Team Of Flanagan’s
Lavarr Raynor, Gregory Dean and Marvin Burchall have all become part owners of Harbourside Holdings, as the company operates an employee-owned structure where dedicated employees are given the opportunity for ownership stake. The company noted that overall it has been a successful year for Harbourside Holdings, which is the holding company of Flanagan’s... Read more of this article
