Hashtag: #BermudaBusiness
RenaissanceRe Promotes Matthew Neuber
RenaissanceRe Holdings announced that Matthew Neuber, Senior Vice President, Ventures & Corporate Finance, will be promoted to the position of Corporate Treasurer, subject to Bermuda Immigration approval. As Corporate Treasurer, Mr. Neuber will report to Robert Qutub, Chief Financial Officer. Mr. Neuber will succeed Aditya Dutt, President of Renaissance... Read more of this article
Carey Olsen Bermuda Promotes Gavin Woods
Carey Olsen Bermuda has promoted Gavin Woods of its corporate practice to the role of partner. “Gavin, who joined the corporate team at Carey Olsen Bermuda at the beginning of this year, has nearly 10 years’ experience in the Bermuda market, prior to which he practised in London and New York,” the firm said. “He specialises in... Read more of this article
Chubb: New Policy On Coal Related Underwriting
Chubb Limited announced that it has adopted a new policy concerning coal-related underwriting and investment, saying the “company will no longer underwrite the construction and operation of new coal-fired plants or new risks for companies that generate more than 30% of their revenues from coal mining or energy production from coal.” “Insurance... Read more of this article
Bacardi Names Tony Latham Executive VP & CFO
Bacardi announced the appointment of Tony Latham to Executive Vice President and Chief Financial Officer. Mr Latham, who joins Bacardi from Unilever, will oversee all finance activities including global accounting, tax and treasury as well as revenue growth management plus global business services and information technology. He will be a member of... Read more of this article
PartnerRe Appoints Chris Shanahan
Bermuda-based PartnerRe Ltd. announced that Chris Shanahan has been appointed President of its US Life operations effective July 1, 2019. Mr. Shanahan joined PartnerRe in May 2018 as Executive Vice President, Corporate Development, North America Life, where he led the development and advancement of strategy for PartnerRe’s US life reinsurance business. In... Read more of this article
Bermuda Stock Exchange Report: July 10 2019
July 10 saw 25,163 shares trade on the Bermuda Stock Exchange, valued at $78,311.60 BD. 20,000 shares were traded by LOM Financial Limited, closing even at $2.80 per share, while another 5,000 shares were traded by One Communications Ltd, closing down 7.0% at $3.30 per share. 163 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even... Read more of this article
New Sustainable Bermuda Brand Sun Shirt
Lir Bermuda has launched a new sustainable sun shirt/rash guard brand called Salt Kettle, saying “all our designs are inspired in Bermuda.” “Lir Bermuda has been focusing in sailing gear for the last 2 years but have since expanded and created a new Bermuda label called Salt Kettle to supply teams, companies, clubs, children and adults... Read more of this article
Bermuda Stock Exchange Report: July 9 2019
July 9 saw 436 shares trade on the Bermuda Stock Exchange, valued at $14,475.20 BD. 436 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.4% at $33.20 share. The BSX finished at 2,141.10, down 1.65% on the day. There were 0 advances, 1 decline, and 55 remained unchanged. The full report for the day is available here [PDF]. Related... Read more of this article
Fundraising Success For 100 Women In Finance
Investing in the Next Generation was a theme very much at the heart of the 100 Women in Finance [100WF] Gala Dinner, which recently took place at Sandymount in Bermuda. A spokesperson said, “Almost 150 guests gathered at Sandymount’s stunning property for a magical evening of food, drinks, live music and a silent auction, with a sunset view... Read more of this article
Ed Boosts Bermuda Team With Carrie Kelley Hire
Ed, the global reinsurance, wholesale and specialty broker, today [July 9] announced the appointment of Carrie Kelley as Executive Vice President, Head of Property Insurance, Bermuda. She will report to Chris Bonard, CEO of Ed Broking’s new Bermuda platform. A spokesperson said, “Kelley brings more than 16 years of industry experience to Ed,... Read more of this article
Cheri Minors On Citywealth Future Leaders List
Carey Olsen Bermuda senior associate Cheri Minors has been recognised in the 2019 Citywealth Future Leaders Top 100. A spokesperson said, “The list, which was decided upon by a senior panel of industry leaders and the Citywealth editorial team, acts as a directory of the leading legal advisers and financial services practitioners under the age... Read more of this article
One Communications June Share Repurchases
In a filing with the Bermuda Stock Exchange [BSX], One Communications Ltd advised that pursuant to its share repurchase programme, during the month of June 2019 the company repurchased 8,176 of its common shares at an average price of $3.50 for immediate cancellation. Related Stories One Communications Share Repurchases One Communications Share Repurchase One... Read more of this article
