Hashtag: #BermudaBusiness
Fitch Upgrades SiriusPoint’s Outlook To Positive
Fitch Ratings has affirmed SiriusPoint’s ratings and upgraded its Outlook to Positive, citing strong underwriting and financial performance. A spokesperson said, “Fitch Ratings [Fitch] has today announced that it has affirmed the ratings of SiriusPoint Ltd. [SiriusPoint or the Company], including its Long-Term Issuer Default Rating at ‘BBB’,... Read more of this article
Bermuda Stock Exchange Report: March 5 2025
March 5 saw 100 shares trade on the Bermuda Stock Exchange, valued at $1,825.00 BD. 100 shares were traded by BF&M Ltd, closing down 0.25 at $18.25 per share. The BSX finished at 2,701.33, down 0.09% on the day. There were 0 advances, 1 decline, and 51 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda... Read more of this article
Minister: Q3 2024 GDP & Economic Performance
Minister of Economy and Labour Jason Hayward held a press conference to discuss Bermuda’s 3rd quarter 2024 GDP and economic performance. Minister Hayward said, “Good day to members of the media and the listening public.Bermuda’s rapid economic expansion eased during the third quarter of 2024. After adjusting for inflation, the economy tapered... Read more of this article
BDA Hosts Wealth & Tech Roundtables In London
The Bermuda Business Development Agency [BDA] hosted the Wealth & Technology Roundtables in London on February 27. A spokesperson said, “The Bermuda Business Development Agency [BDA] continues to build momentum in key international markets after successfully hosting exclusive Wealth & Technology Roundtables in London on the 27th of February.... Read more of this article
Enstar Completes Transaction With Atrium
Enstar Group Limited announced its Lloyd’s syndicate [Syndicate 2008], managed by Enstar Managing Agency Limited, has completed the previously announced transaction with Atrium Syndicate 609, managed by Atrium Underwriters Limited. A spokesperson said, “Under the terms of the loss portfolio transfer agreement, Atrium Syndicate 609 ceded net loss... Read more of this article
Bermuda Stock Exchange Report: March 4 2025
March 4 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,703.71, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
BMA: BDIC Not Registered In Bermuda
The Bermuda Monetary Authority has clarified that the Blockchain Deposit Insurance Corp [BDIC] is “not licensed or registered by the Authority to conduct any regulated activity in or from within Bermuda.” A spokesperson said, “The Bermuda Monetary Authority [Authority] is aware of a number of articles published on several websites... Read more of this article
AM Best Affirms A-Ratings For Vantage Group
AM Best affirms Vantage Group’s A- [Excellent] ratings with a stable outlook, citing strong finances and improving performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Vantage Risk Ltd. [Bermuda] and its affiliates, Vantage... Read more of this article
AM Best Affirms A-Ratings For Fidelis
AM Best affirms Fidelis’ A [Excellent] ratings with a stable outlook, citing strong capitalization, disciplined underwriting, and solid investment returns. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” [Excellent] of Fidelis Insurance... Read more of this article
Bermuda Stock Exchange Report: March 3 2025
March 3 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,703.71, even on the day. There were 0 advances, 0 declines, and 52 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: Dec 24 2025 Bermuda Stock Exchange Report: Dec 23 2025 Bermuda Stock Exchange Report:... Read more of this article
Phoebe Hughes’ Art Featured At Meritus
Bermudian artist Phoebe Hughes has shared her pride in having her artwork featured at Meritus Trust’s 15th-anniversary celebrations last week. The London-based artist took to social media to express her gratitude, writing: “Very grateful to have my art featured at the Meritus Trust’s 15th Anniversary celebration yesterday! “It’s always so... Read more of this article
Everest Group Announces $2.00 Dividend
Everest Group declares a $2.00 per share dividend, payable March 28, 2025, to shareholders of record on March 17. A spokesperson said, “Everest Group, Ltd. announced that its Board of Directors declared a dividend of $2.00 per common share. This dividend will be payable on or before March 28, 2025 to all shareholders of record as of March 17,... Read more of this article
