Ironshore Donates $105,000 To Relay For Life
Bernews

Ironshore is the lead sponsor for the Relay for Life of Bermuda, which will be held on May 12 and 13th, with the company saying they are “pleased to be part of such an incredible community event.” “This...

Dont compromise your emergency fund
Royal Gazette

Dear Dave,My wife and I are debt-free, and were ready to start building our first home. Were a little short on cash to make the 20 per cent down payment you recommend, but we do have a fully funded emergency fund in...

Bermuda Stock Exchange Report: April 28 2017
Bernews

April 28 saw 1,497 shares trade on the Bermuda Stock Exchange, valued at $48,478.75 BD. 1,497 shares were traded by Bank of N.T. Butterfield Ltd,...

Bermuda Stock Exchange Report: April 28 2017
Bernews

April 28 saw 1,497 shares trade on the Bermuda Stock Exchange, valued at $48,478.75 BD. 1,497 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.9% at $32.50 per share. The BSX finished at 2,004.46, up 0.68%...

Shipping Schedule: Week Starting April 29
Bernews

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday April 29th. On Saturday the Stadiongracht general cargo ship is expected, on Sunday the...

Voluntary redundancies at Digicel
Royal Gazette

A number of workers at Digicel in Bermuda have accepted voluntary redundancy as part of the companys global programme to trim its workforce by 25 per cent by mid-2018. The company confirmed that a number of employees in...

Validus reports drop in profit to 94.6m
Royal Gazette

Reinsurance firm Validus reported profits of 94. 6 million for the first quarter of the year. The figure, equal to 1. 17 per common share, was 72. 2 million down on the 166. 8 million recorded for the same period last...

Ascendant Commemorates World Safety Day
Bernews

This morning [April 28], Ascendant Group held a commemorative ceremony in honour of World Day for Safety & Health at Work, with the ceremony including a wreath laying and minute of silence to honour the 17 BELCO...

Fort Knox to offer high-speed home internet
Royal Gazette

Internet and phone service company Fort Knox is on the move and is set to expand from a largely business-based clientele into the domestic market. And it will be offering new high-speed internet packages under the LiveNet...

Video: Validus & Bermuda College Partnership
Bernews

Bermuda College has announced the “success of partnership with Validus Re that has been softly celebrated for approximately two years.” Andy Newton, Vice President, Head of Information Technology at Validus...

BLDC Hold Meeting On Southside Development
Bernews

The Bermuda Land Development Company [BLDC] hosted a public meeting last night at Clearwater Middle School to discuss the community development plans at Southside, including proposed options for the vacant lot opposite...

Catastrophe losses hit Axis earnings
Royal Gazette

Insurer and reinsurer Axis reported profits of 5 million for the first quarter of the year down 33 million on the same period last year. The quarterly figure, equivalent to six cents per diluted share, compared to the 41...

Aspen raises dividend after profit falls
Royal Gazette

Insurer and reinsurer Aspen notched up profits of 96. 5 million for the first quarter of the year. The 1. 36 per ordinary share profit is down 17. 9 million on the 114. 4 million recorded in the same period last year....

Millennials expect to retire under 60
Royal Gazette

The millennial generation has unrealistic expectations of their retirement prospects, according to a new report by HSBC. The banks latest international survey in a series on the future of retirement found that...

Watlington 85 years of supplying water
Royal Gazette

The Bermuda Stock Exchange has launched its Own Your Share of Bermuda campaign to raise awareness of opportunities to invest in the islands public companies. The Royal Gazette is supporting the effort by publishing weekly...

UK public ownership registry move dropped
Royal Gazette

A bid by the UKs House of Lords to force Bermuda and other overseas territories to introduce a public record of company ownership has been dropped. Bermuda, which already has a register of beneficial owners accessible on...

Cox Brexit will not harm our EU relations
Royal Gazette

Britain's imminent departure from the European Union should not impact Bermuda's ability to successfully negotiate with the EU on matters of regulation and securing fair access to the EU market for the island's insurance...

Mosher to open new Hamilton store and studio
Royal Gazette

Jewellery designer Alexandra Mosher is to open a combined gallery and studio on Hamiltons Front Street. The new premises more than three times the size of her existing outlet in Washington Mall will be based in the former...

Bermuda Stock Exchange Report: April 27 2017
Bernews

April 27 saw 5,500 shares trade on the Bermuda Stock Exchange, valued at $15,950.00 BD. 5,500 shares were traded by One Communications Ltd, closing...

Bermuda Stock Exchange Report: April 27 2017
Bernews

April 27 saw 5,500 shares trade on the Bermuda Stock Exchange, valued at $15,950.00 BD. 5,500 shares were traded by One Communications Ltd, closing up 5.5% at $2.90 per share. The BSX finished at 1,990.97, up 0.10% on the...

AXIS Reports First Quarter Income Of $5M
Bernews

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2017 of $5 million, or $0.06 per diluted common share, compared to $38 million, or $0.41 per...

Validus Reports Net Income Of $94.6 Million
Bernews

Bermuda-based Validus Holdings, Ltd. reported net income available to Validus common shareholders of $94.6 million, or $1.17 per diluted common share, for the three months ended March 31, 2017, compared to $166.8 million,...

Simons On Promoting Bermuda Captive Market
Bernews

Bermuda Captive Owners Association [BOCA] General Manager Rochelle Simons says clients telling the benefits of having a Bermuda domiciled captive are a great way to promote the captive market. Ms Simons was speaking at...

Marketing Splash For Conference At RIMS
Bernews

The Bermuda Captive Conference capitalised on the insurance industry’s biggest annual event in Philadelphia this week to build interest and boost registrations leading towards its September 11–13 event. The...

CRS standards issued
Royal Gazette

Government has now issued the much anticipated Common Reporting Standard CRS regulations setting out the CRS obligations that Bermuda reporting financial institutions must comply with. The Ministry of Finance is also...

Management changes at Hamilton Re
Royal Gazette

Reinsurance firm Hamilton Re yesterday announced a new recruit and management changes. Minesh Shah has joined the firm in the newly created role of senior vice-president, actuary. He will report to chief risk officer Pete...

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