Bernews

Bermuda’s luxury hospitality sector is showcasing bespoke spirits as Bacardi Limited expands its PATRÓN Tequila Barrel Select Program in partnership with Goslings Limited and leading properties including Rosewood Bermuda, Hamilton Princess & Beach Club, and The Loren at Pink Beach. A spokesperson said, “Bermuda’s luxury hospitality scene is raising a glass to craftsmanship and exclusivity …

Premier David Burt is in Miami to lead a Bermuda delegation at Consensus 2026, with the Premier saying “Bermuda’s continued presence underscores our commitment to building the world’s first fully on-chain national economy.” A Government spokesperson said, “The Premier and Minister of Finance of Bermuda, the Hon. David Burt, JP, MP, will travel to Miami, …

White Mountains Partners announced that its portfolio company Enterprise Solutions has acquired Hawkeye Electric, expanding its electrical contracting services into the Arizona market. A spokesperson said, “White Mountains Partners [WMP], a White Mountains operating company, announced today that its portfolio company, Enterprise Electric, LLC d/b/a Enterprise Solutions [Enterprise Solutions], a provider of specialty electrical contracting …

May 5 saw 2,800 shares trade on the Bermuda Stock Exchange, valued at $68,880.00 BD. 2,800 shares were traded by Allshores Limited, closing up 12.7% at $24.80 per share. The BSX finished at 3,548.71, up 0.78% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day …

Minister of Economy and Labour Jason Hayward is holding a press conference this afternoon [May 5] provide an update on the National Entrepreneurship Strategy. We will have additional coverage later on and in the meantime the live video is below. Related Stories Video: Premier & Jeff Baron At Tech Summit Video: BermudAir Launches Service To …

May 4 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $55,000.00 BD. 1,000 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $55.00 per share. The BSX finished at 3,521.27, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the …

Registration has opened for the 2026 Athene Life Career Expo, a free event on June 17 at Pier 6 in Hamilton offering students, graduates, and career changers insight and access to opportunities in Bermuda’s life [re]insurance industry. A spokesperson said, “Registration is now open for the 2026 Athene Life Career Expo, a free, award-winning event …

Everest Group Ltd. reported its first quarter 2026 results. A spokesperson said, “Everest Group, Ltd. [NYSE: EG], a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its first quarter 2026 results. First Quarter 2026 Highlights “Net income of $653 million, equal to $16.21 per diluted share versus first quarter …

Assured Guaranty Ltd. has declared a quarterly dividend of $0.38 per share, payable on May 29, to shareholders on record as of May 15. A spokesperson said, “Assured Guaranty Ltd. today declared a quarterly dividend of $0.38 per common share. The dividend is payable on May 29 to shareholders of record at the close of …

May 1 saw 100 shares trade on the Bermuda Stock Exchange, valued at $2,200.00 BD. 100 shares were traded by Allshores Limited, closing down 8.3% at $22.00 per share. The BSX finished at 3,521.27, down 0.55% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day …

Hamilton Insurance Group, Ltd. announced financial results for the first quarter ended March 31, 2026.” Commenting on the results, Pina Albo, CEO of Hamilton, said, “Hamilton reported strong first quarter 2026 results, generating net income of $134 million and operating income of $167 million, an annualized return on average equity of 19% and operating return …

The Government announced that local businesses are invited to apply for vendor spaces at the Bermuda Digital Finance Forum: Digital Payments Workshop & Market, taking place on May 14, 2026, at Pier 6. A Government spokesperson said, “Interested businesses can apply for a vendor space here: https://bit.ly/DFFVendors. “The Government is also offering complimentary tickets for …

April 30 saw 17 shares trade on the Bermuda Stock Exchange, valued at $370.60 BD. 17 shares were traded by Allshores Limited, closing even at $24.00 per share. The BSX finished at 3,540.87, even on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day is available …

The Ministry of Economy and Labour is marking International Workers’ Day with the release of Bermuda’s first State of Labour in Bermuda 2026 Flagship Report. A spokesperson said, “Observed annually on 1 May, International Workers’ Day is recognised in more than 80 countries and honours the contributions of workers while highlighting the global pursuit of …

Starr’s new Bermuda reinsurer, IQUW Re Bermuda Limited, today announced that global credit rating AM Best has upgraded its Financial Strength Rating to A [Excellent] and its long-term issuer credit to a+ [Excellent]. The outlook for both credit ratings is positive. A spokesperson said, “IQUW Re Bermuda Limited was initially assigned an A- rating from …

Arch Capital Group Ltd. announced its 2026 first quarter results, saying “we started the year on an excellent note, delivering an annualized operating return on average common equity of 15.4%, which reflects our disciplined approach to underwriting and capital allocation.” A spokesperson said, “Arch Capital Group Ltd. [ACGL] announces its 2026 first quarter results. The …

The Urban Development Authority [UDA], in partnership with the Bermuda Economic Development Corporation [BEDC], has announced the return of its annual development conference, now rebranded as the BUILD Summit 2026 [Bermuda Urban Infrastructure & Land Development Summit]. A spokesperson said, “Formerly the BID Summit [Bermuda Infrastructure and Development Summit], the event’s new identity reflects an …

The Fidelis Partnership [TFP] has announced the appointment of David Woods as Ireland CEO. A spokesperson said, “The Fidelis Partnership [TFP] is today pleased to announce the appointment of David Woods as Ireland CEO. David has been with the business for almost a decade, serving first in Bermuda and then in London, and is currently Group …

April 29 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 28 2026 Bermuda Stock Exchange Report: April 27 …

mea Platform, [re]insurance AI product company, announced that BMS Group, a leading independent global [re]insurance broker, has selected mea’s Broking Operations products to enhance placement efficiency and strengthen market leadership through digital transformation. A spokesperson said, “BMS is known for its specialist expertise, entrepreneurial culture, and strong global market presence across insurance, reinsurance, and capital …

In celebration of the upcoming royal visit, BDA Community Pharmacy is offering a free membership to everyone named Charles. A spokesperson said, “On April 30th and May 1st, all residents named Charles are invited to collect a free BDA Membership, designed to support healthier lifestyles and increase wellness savings. “This lighthearted promotion comes with serious …

Banyan Risk has appointed insurance executive Dan Malloy as Executive Managing Director. A spokesperson said, “Banyan Risk Ltd [Banyan Risk], a specialty Managing General Agent [MGA] based in Bermuda, has announced the appointment of Dan Malloy as Executive Managing Director, as the business enters its next phase of growth and continues to scale its underwriting …

April 28 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 27 2026 Bermuda Stock Exchange Report: April 24 …

The Bank of N.T. Butterfield & Son Limited today announced financial results for the quarter ended March 31, 2026. A spokesperson said, “Net income for the first quarter of 2026 was $62.6 million, or $1.53 per diluted common share, compared to net income of $63.8 million, or $1.54 per diluted common share, for the previous quarter and …

LOM Financial Limited reported full year 2025 profits of $4,765,104 or $0.97 per share, which is “relatively unchanged from our 2024 profits of $4,744,812. A filing with the BSX stated, “Although our asset management and broking divisions experienced revenue growth, along with some notable gains in securities, these improvements were offset by a substantial rise …

April 27 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 24 2026 Bermuda Stock Exchange Report: April 23 …

The Bermuda Economic Development Corporation [BEDC] is now accepting applications for the 8th Cohort of its Enterprise Bermuda Incubator program. A spokesperson said, “Designed to support local entrepreneurs and small business owners in the early stages of their journey, this year’s program will run from July 2nd, 2026, through March 25th, 2027. “The Enterprise Bermuda …

TABS Bermuda unveils its “Song of the Sea” collection at Coral Beach Club, showcasing ocean-inspired designs and a locally produced campaign celebrating Bermuda’s connection to the sea. A spokesperson said, “TABS Bermuda unveiled its latest collection, Song of the Sea, at a launch event held at Coral Beach Club, bringing together guests for an evening …

AM Best has affirmed Lion Reinsurance Company Limited’s Financial Strength Rating of A [Excellent] with a stable outlook, citing its very strong balance sheet strength and adequate operating performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” [Excellent] of Lion …

AM Best has affirmed strong ratings for Biglari Reinsurance Ltd. and affiliates, citing strong capitalisation and stable 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 Biglari Reinsurance Ltd. [Bermuda] and its reinsured affiliates, First Guard Insurance Company …

April 24 saw 501 shares trade on the Bermuda Stock Exchange, valued at $27,555.00 BD. 501 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.8% at $55.00 per share. The BSX finished at 3,540.87, down 1.60% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report …

Allshores Limited announced its results for the year ended 31 December 2025, the first full financial year following the amalgamation of BF&M Limited and Argus Group Holdings Limited, which completed on 6 January 2025. Earnings And Operating Performance A spokesperson said, “The Group generated underlying earnings from operations of $62.4 million for the year ended …

Watlington Waterworks Limited has declared a June 2026 dividend of BD$0.30 per share to shareholders of record as at June 12, payable on June 26. The filing with the BSX stated, “The company announces that at a recent meeting of the Board of Directors of the Company, a dividendin the amount of BD$0.30 per share …

Chubb Limited reported net income for the quarter ended March 31, 2026 of $2.32 billion, or $5.88 per share, and core operating income of $2.69 billion, or $6.82 per share. A spokesperson said, “Book value per share and tangible book value per share increased 15.8% and 21.5%, respectively, from March 31, 2025 and now stand …

April 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,598.44, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 22 2026 Bermuda Stock Exchange Report: April 21 …

April 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,598.44, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 21 2026 Bermuda Stock Exchange Report: April 17 …

The Bermuda Underwater Exploration Institute [BUEI] and BermudAir have announced a sustainability partnership to promote ocean conservation, environmental education, and eco-conscious travel through a range of joint initiatives. A spokesperson said, “Unveiled during a special Earth Day launch event at BUEI on Wednesday, April 22nd, the partnership is designed to promote care for the ocean …

Carey Olsen announced that Nicole Cavanagh TEP has joined the firm’s dispute resolution and litigation practice in Bermuda as counsel. A spokesperson said, “Nicole’s practice covers the full spectrum of matrimonial law, including divorce, separation, and ancillary relief. She has a particular focus on the intersection of trusts and divorce, advising high-net-worth clients and business families …

Premier and Minister of Finance David Burt has signed a “protocol amending the Double Taxation Agreement [DTA] between the Government of Bermuda and the Government of the Kingdom of Bahrain,” the government announced A spokesperson said, “The protocol was signed on Friday, 17 April on the sidelines of the 2026 Spring Meetings of the International …

David Gibbons has been appointed as the incoming CEO of the network of PwC firms operating in the Caribbean, effective 1 July 2026. He said, “It’s a tremendous honour to serve as the next CEO, especially as we stand at a pivotal moment for professional services regionally and globally. With geopolitical tensions, evolving economies and …

Acrisure Re, the reinsurance division of global fintech leader Acrisure,  announced the integration of Acrisure’s Capital and Captives division, saying that it “brings more than 275 captive specialists across North America and Bermuda into a single platform, combining an established captive business with the capabilities of a leading specialist reinsurance broker.” A spokesperson said, “This …

Carnival Corporation & plc shareholders approved all resolutions at special and annual meetings, including plans to unify its dual-listed structure and redomicile to Bermuda. A statement from the company said, “Carnival Corporation & plc [NYSE/LSE: CCL; NYSE: CUK] announces that, in connection with the proposed unification of its dual-listed company structure and redomiciliation of Carnival …

In a filing with the Bermuda Stock Exchange, LOM Financial Limited announced a dividend. The full filing stated: “LOM Financial Limited, at a meeting of the Board of the Company held on 17 April 2026 announced: The Board of Directors have decided to pay a dividend of $0.08 per share on 8 May 2026 to …

April 21 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,598.44, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF]. Related Stories Bermuda Stock Exchange Report: April 17 2026 Bermuda Stock Exchange Report: April 16 …

S&P Global Ratings has upgraded SiriusPoint’s core insurance subsidiaries to ‘A’ and its holding company to ‘BBB+’, citing improved capital strength, de-risked portfolios, and sustained underwriting performance. A spokesperson said, “S&P Global Ratings [S&P] has raised the long-term issuer credit and financial strength ratings on the core insurance operating subsidiaries of SiriusPoint Ltd [SiriusPoint or …

International and offshore law firm Ogier and Bermuda-based MJM have “entered into an alliance to better support clients with cross-border matters.” A spokesperson said, “This will enable the two firms to offer co-ordinated support and legal expertise across key international finance hubs. Building on their existing collaboration, Ogier and MJM will work together more closely on …

Bermuda has strengthened its standing as a leading international financial centre in the Global Financial Centres Index 39, rising 23 places to rank 57th globally and retaining first place in Latin America and the Caribbean. A spokesperson said, “Bermuda has further strengthened its position as a leading international financial centre in the latest edition of …

The Bermuda Monetary Authority [BMA] issued a prohibition order against Joakim Samuelsson following “extensive findings of regulatory breaches and failures in his conduct as a director, officer and controller of Custodian Life Limited [Custodian], a Bermuda-registered insurer.” A spokesperson said, “The prohibition order, issued pursuant to section 32H of the Insurance Act 1978 [the Act] and …

A small group of companies is pulling sharply ahead in the race to generate real financial returns from artificial intelligence, according to PwC’s new AI performance study: Want ROI from AI? Go for growth. A spokesperson said, “The global study interviewed 1,217 senior executives, primarily at large, publicly listed companies across 25 sectors, asking them …

LOM Financial Ltd. has announced the retirement of director Dennis Tucker and the appointment of financial services executive Rik Parkhill as an independent director, effective immediately. A spokesperson said, “LOM Financial Ltd. today announced that Mr. Dennis Tucker will be retiring from the boards of LOM Financial Limited and its regulated subsidiaries. The Board of …