Category: Business
One Communications Cyber Safety Advisory
One Communications said they “would like to remind the public to exercise caution when receiving emails and/or phone calls requesting personal information.” “A number of suspicious individuals posing as representatives under former company names, Logic and Northrock, have persisted in their attempts to commit fraud. If contacted,... Read more of this article
Hospitals Board Select Johns Hopkins For CAA
Bermuda Hospitals Board [BHB] announced that Johns Hopkins Medicine International has been selected as the “preferred bidder for a Clinical Affiliate Agreement [CAA].” “The CAA aims to partner BHB with a high quality health provider to help improve services and support education. Six US health care organizations responded to a Request... Read more of this article
Govt Issue Real Estate Licensing Advisory
The Superintendent of Real Estate is advising all real estate brokers and agents of the following:“The receipt of real estate licence renewal applications will commence on Wednesday, 15 August 2018.“A ‘How to Apply for a Real Estate License Guide’ is available on the government portal at www.gov.bm.“The Superintendent wishes... Read more of this article
Student Launches Natural Skin Care Products
BEDC summer student Asia Atienza has launched a natural skin care product line called “Lucid”, featuring a local product that is all natural. Ms. Atienza said, “I am a recent graduate of the Berkeley Institute. I had always taken a keen interest in skin care. I love the process of it, the skin is our largest organ and we should take... Read more of this article
One Communications July 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 July 2018 the company repurchased 5,769 of its common shares at an average price of $2.90 for immediate cancellation. Related StoriesOne Communications Cyber Safety Advisory One Communications... Read more of this article
Bermuda Stock Exchange Report: Aug 13 2018
August 13 saw 900 shares trade on the Bermuda Stock Exchange, valued at $4,010.00 BD. 800 shares were traded by One Communications Ltd, closing up 1.7% at $2.95 per share, while another 100 shares were traded by Somers Limited, closing up 8.2% at $16.50 per share. The BSX finished at 2,875.40, up 0.31% on the day. There were 2 advances, 0 declines,... Read more of this article
Dr DeLisle Worrell Joins Financial Policy Council
Premier and Minister of Finance David Burt has announced that Dr. DeLisle Worrell, the immediate past Governor of the Central Bank of Barbados, has joined the Financial Policy Council. “Dr. Worrell founded the Research Department of the Central Bank of Barbados in 1973, and served with the Bank until 1998, by which time he was Deputy Governor... Read more of this article
Public Consultation On Debt Collection Bill
The Ministry of Home Affairs has launched a public consultation on the proposed Debt Collection Bill 2018, which aims to “eliminate abusive practices through the creation of a regulatory framework under which creditors and debt collectors may conduct business.’ A Ministry spokesperson said, “The Ministry of Home Affairs has launched... Read more of this article
Wells: ‘If You Apply Yourself, Sky’s The Limit’
[Written by Nadia Laws] Nothing worthwhile comes easy – that’s something business owner Coral Wells, of ConnectTech and W&W Solutions Ltd, discovered last year when taking the StreetWise ‘MBA’ programme. She embarked on the six month course in January 2017, hoping to network with other CEOs/ established local entrepreneurs,... Read more of this article
Speakers Lined Up For Re-Insurance Conference
Fintech, diversity and mergers and acquisitions in the re-insurance industry are just some of the topics on the agenda for a major annual conference taking place later this year. The XL Catlin Bermuda Insurance Marketplace Conference will be held at O’Hara House, on Bermudiana Road, on October 11, with the keynote speech being given by Patrick Tannock,... Read more of this article
A.M. Best: Maiden Holdings Ratings Unchanged
A.M. Best has commented that the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating [ICR] of “a-“ of Bermuda-based Maiden Reinsurance and Maiden Reinsurance North America, Inc., the insurance operating subsidiaries of Maiden Holdings, Ltd. [MHLD], are unchanged by the release of updated information related to the... 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, 2018 – August 31, 2018 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
Shipping Schedule: Week Starting August 11
The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday August 11th.On Saturday the Anthem of the Seas and the Insignia cruise ships are expected, on Sunday the Norwegian Dawn cruise ship and the Oleander container ship will arrive, and on Monday the Grandeur of the Seas cruise... Read more of this article