Business

Lorene Phillips has been named a finalist for the 2026 ISC Group Mentorship Excellence Award. ISC Group named Ms Phillips, Founder and CEO of Clarendon Wallace, and Jill Lankin of Zurich Insurance as the two finalists in the category. The Mentorship Excellence Award recognizes women who “has demonstrated outstanding commitment to guiding, supporting, and inspiring …

The City of Hamilton has unveiled the 2026 Taste of Bermuda programme, featuring four days of culinary experiences from October 8 to 11. A spokesperson said, “Hamilton’s most anticipated culinary weekend is back! Taste of Bermuda returns this October with four unforgettable days of bold flavours, immersive dining, and one-of-a-kind culinary experiences, as the City …

August 18 saw 7,751 shares trade on the Bermuda Stock Exchange, valued at $451,900.00 BD. 7,351 shares were traded by Bank of N.T. Butterfield Ltd, closing up 0.8% at $60.00 per share, while another 400 shares were traded by Allshores Limited, closing even at $27.10 per share. The BSX finished at 3,858.25, up 0.75% on …

Conduit Holdings has appointed Mark Pickering as Chief Financial Officer effective November 30th. A spokesperson said, “Conduit Holdings, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, is pleased to announce the appointment of Mark Pickering as Chief Financial Officer [CFO] with effect from 30 November 2026. Mark will join the Board …

Walkers has welcomed eight students — Eliana Kirkos, Amaya Foy, Owen Neal, Erin Jones, Za’Khari Turner, Kennedy Wilks, Helena Thomas and Charlotte Peckett — to its Bermuda office for the 2026 legal internship programme. A spokesperson said, “Walkers, the international legal and professional services firm, has welcomed eight students to the firm’s Bermuda office as …

Miller, the independent specialist [re]insurance broker, announced the appointment of Harry Vickers as a Senior Director, Property for Miller Bermuda. A spokesperson said, “Harry joins from Gallagher and brings a wealth of experience across complex property risks, as well as a deep understanding of the Direct and Fac market in Bermuda. “In his new role, …

The Office of Youth Affairs [TOYA] held a Youth Entrepreneur Expo on the City Hall front lawn this weekend. A spokesperson said, “On Saturday, August 15th, the City Hall Front Lawn came alive for the Office of Youth Affairs [TOYA] Youth Entrepreneur Expo, held in celebration of International Youth Day. “Minister of Youth, Social Development and …

PwC Bermuda has announced an “exceptional lineup of global industry leaders for its 19th annual Insurance Summit, bringing together some of the sector’s most influential decision-makers to discuss the risks, opportunities and strategic choices shaping the future of re/insurance.” A spokesperson said, “The Summit takes place on 10 November 2026 at the Hamilton Princess Hotel …

Polaris — the parent company of Stevedoring Services and East End Asphalt  — reported its financial results for the year ended March 31, 2026. A spokesperson said, “On August 18, 2026 Polaris Holding Company Ltd. [“Polaris”], parent company to Stevedoring Services Limited [“SSL”], Surface Experts Ltd. [“SEL”], Duck’s Puddle Properties Ltd [“DPP”] and Ornamental Concrete Products …

Gold Reserve Ltd said they are “very pleased to announce the release of José Ignacio Moreno Suárez from the Rodeo I prison in Venezuela.” The Company is listed on the TSX Venture Exchange the Bermuda Stock Exchange, and its filing said, “José was the Company’s attorney and legal representative in Venezuela when he was detained …

August 17 saw 2,900 shares trade on the Bermuda Stock Exchange, valued at $16,210.00 BD. 1,200 shares were traded by Devonshire Industries Ltd, closing even at $4.30 per share, while another 1,700 shares were traded by Bermuda Press [Holdings] Ltd, closing even at $6.50 per share. The BSX finished at 3,829.47, even on the day. …

The Supreme Court has dismissed a claim brought by Andrew Lundin Crisson against his former employer, H.S. & J.E. Crisson Limited, saying the “claim fails in its entirety.” The Supreme Court judgment [PDF] said, “This is my judgment following the trial of a claim brought by Andrew Lundin Crisson [the Plaintiff] against his former employer, …

Lester Nelson will retire as Bermuda Airport Authority CEO on October 1, following more than nine years leading the organisation. A spokesperson said, “The Bermuda Airport Authority announced that Chief Executive Officer Lester Nelson will retire effective 1 October 2026, following more than nine years of leadership and service to the Authority. “Mr Nelson joined …

The Fidelis Partnership [TFP] today announced the “successful pricing of a $2.04 billion refinancing, replacing its existing unitranche facility with a new senior secured Term Loan B facility.” A spokesperson said, “The Transaction improves TFP’s financial flexibility by significantly reducing TFP’s cost of debt to SOFR + 2.75% [previously SOFR + 5%] and providing access …

The Department of Sport and Recreation Summer Camp Registration Team — Director Kimberley Bean, Kenneth Bartram, Mia Butterfield, Michele Romaine, Anita Dowling, and Shelly-Ann Carter-Trott — earned the Public Service Excellence Award [PSEA] for July. A Government spokesperson said, “The Government of Bermuda announced today that the Department of Sport and Recreation Summer Camp Registration …

The Ministry of Justice hosted its ‘Justice Lounge: The Welcome Brief,’ bringing together Bermuda’s law students, pupils and early-career counsel for networking and engagement with members of the justice system. A Government spokesperson said, “The Ministry of Justice’s Justice Lounge: The Welcome Brief was held on Thursday evening at Deja View Restaurant in Barr’s Bay …

Marex Group Limited a diversified global financial services platform providing market access, infrastructure services and essential liquidity to clients across commodities and financial markets, today reported the Group’s preliminary unaudited financial results for the second quarter [‘Q2 2026’]. Ian Lowitt, Group Chief Executive Officer, stated, “We delivered record first half revenue and profitability, with Adjusted …

Mangrove Property Insurance Company [Mangrove] recently completed its catastrophe reinsurance program for the 2026-2027 cycle, ensuring its policyholders are protected with the record-setting reinsurance capacity. A spokesperson said, “Mangrove’s reinsurance program exceeds all regulatory and rating agency requirements, protects Mangrove and its policyholders to the 175-year return period and for events exceeding any in the …

The Loren Bermuda hosted its inaugural Summer Artisan Vendor Market on Friday [August 14], featuring local vendors, live entertainment, art experiences and more. A spokesperson previously said, “Set against the breathtaking oceanfront backdrop of The Disk, this open-air experience will showcase a curated collection of local artisans, designers, makers, and entrepreneurs offering handcrafted goods, art, …

The Bermuda Monetary Authority [BMA] has published a consultation paper on proposed guidance for the responsible use of AI in Bermuda’s regulated financial services sector. A spokesperson said, “The Bermuda Monetary Authority [Authority or BMA] has published The Responsible Use of Artificial Intelligence in Financial Services in Bermuda, a Consultation Paper on a proposed Guidance …

RiverStone International has entered into LPT reinsurance agreements with QBE Insurance Group, representing approximately US$1.6 billion of reserves and further strengthening the long-standing relationship between the two organisations. A spokesperson said, “The transactions cover North American Middle Market and Workers’ Compensation portfolios, and European liability books. “The transactions are subject to regulatory approval.” Paul Brockman, …