Bernews

The Government of Bermuda today announced the Public Service Career Fair & Expo, which will be held on Thursday, June 18 at Pier 6. A Government spokesperson said, “The event will feature career specific booths, access to information on training and apprenticeship programmes, virtual and in-person panel discussions and demonstrations, bringing together ministries and departments …

BELCO celebrated International Lineworker Appreciation Day with a special breakfast for its lineworkers, jointers, and fitters. A spokesperson said, “International Lineworker Appreciation Day honours the skilled, essential work performed by the men and women who keep the lights on, often at great personal sacrifice. For BELCO’s lineworkers, jointers, and fitters, the job does not stop …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 18th. On Saturday the Norwegian Jewel and the Valiant Lady cruise ships and the Gail Bhuwan spares ship are expected, on Sunday the Gail Bhuwan container ship will arrive, and on Monday the Oleander container …

AM Best has upgraded the Financial Strength Rating to A [Excellent] from A- [Excellent] and the Long-Term Issuer Credit Ratings to “a” [Excellent] from “a-” [Excellent] of the rated operating subsidiaries of SiriusPoint Ltd. The ratings agency said, “AM Best has upgraded the Financial Strength Rating to A [Excellent] from A- [Excellent] and the Long-Term …

April 17 saw 3,400 shares trade on the Bermuda Stock Exchange, valued at $154,350.00 BD. 1,900 shares were traded by Bank of N.T. Butterfield Ltd, closing at an even $56.00 per share, while the other 1,500 shares were traded by Watlington Waterworks Ltd, closing up 0.3% at $32.00 per share. The BSX finished at 3,598.34, …

Marsh has announced several promotions and new hires in its Bermuda operations, reinforcing its focus on talent development. A spokesperson said, “Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, today announced several personnel changes within its Bermuda operations, reinforcing Marsh Risk’s continued focus on nurturing and honoring exceptional …

Allied World Assurance Company Holdings, Ltd has announced a $4.3 million, five-year commitment to the St. Baldrick’s Foundation to accelerate lifesaving childhood cancer research. A spokesperson said, “This transformative investment will fund critical studies designed to improve the quality of life for children undergoing cancer treatment while supporting the next generation of pediatric cancer researchers. …

Conyers announced the appointment of David Stubbs as Head of Listing Services within its Bermuda Corporate Practice. A spokesperson said, “David is Counsel in Conyers’ Bermuda Corporate practice and brings extensive experience advising issuers of securities on the BSX. His practice focusses on securities listings across multiple asset classes, including international debt, equity, investment funds and …

April 16 saw 5,000 shares trade on the Bermuda Stock Exchange, valued at $59,400.00 BD. 2,000 shares were traded by Devonshire Industries Ld, closing up 30.0% at $6.50 per share, while another 2,000 shares were traded by Polaris Holding Co. Ltd, closing even at $7.25 per share. 1,000 shares were traded by Watlington Waterworks Ltd, …

BELCO said they “welcomed the Government of Bermuda’s update of Bermuda’s National Electricity Sector Policy [NESP] and supports the Government’s effort to provide clear, modern guidance for the sector.” BELCO President Wayne Caines said: “The NESP emphasis on affordability, reliability, and sustainability reflects the practical realities of operating an isolated island power plant and grid and …

Enstar Group Limited and Artex Capital Solutions announced a strategic arrangement to offer streamlined exit solutions for investors in the Artex Insurance-Linked Securities [ILS] transformation vehicles. A spokesperson said, “The arrangement will provide investors access to a diversified suite of prospective and retrospective exit products [“Exit Options”] through Cavello Bay Reinsurance Limited, Enstar’s wholly owned …

Hamilton Insurance Group has established a casualty reinsurance sidecar to provide dedicated underwriting capacity in support of the Company’s casualty reinsurance portfolio. A spokesperson said, “This sidecar will provide reinsurance capital over a multi-year period, with ceded premium over the duration of the structure projected to be approximately $300 million. The investor capital and overall asset …

April 15 saw 600 shares trade on the Bermuda Stock Exchange, valued at $14,394.00 BD. 600 shares were traded by Allshores Limited, closing even at $23.99 per share. The BSX finished at 3,594.70, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available …

A Spring & Mother’s Day Market will be held on Saturday [April 18] at St. Paul’s Anglican Church Hall in Paget, featuring local vendors and small businesses. A spokesperson said, “Join us on Saturday, April 18th from 10:00 a.m. to 3:00 p.m. at St. Paul’s Anglican Church Hall for a lively Spring & Mother’s Day …

Appleby welcomed Daniel Burkitt as Partner in its Dispute Resolution practice in Bermuda. A spokesperson said, “Daniel is an experienced advocate, with particular expertise in complex and high value insolvency and restructuring, commercial and company matters including shareholder disputes, cryptocurrency, asset preservation, insurance and reinsurance, trust disputes and ADR / arbitrations. He has extensive knowledge …

The Government is seeking proposals from firms to “improve relationships with the Government of Bermuda and official of the United States Congress, and other relevant organizations in the United States of America. ” The document said, “The Government of Bermuda is an UK overseas territory that services a population of approximately of 61,000 and is …

Collas Crill has appointed David Thom as Counsel in its Bermuda office, enhancing the firm’s strength in complex commercial and insurance disputes. A spokesperson said, “David joins with extensive experience in litigation and arbitration, advising clients on a wide range of corporate, insurance and professional liability matters. He is particularly experienced in handling complex, high-value …

The Bermuda Economic Development Corporation [BEDC] celebrated the graduation of the seventh cohort of the Enterprise Bermuda Incubator [EBI] on Thursday, April 9, 2026. A spokesperson said, “The Bermuda Economic Development Corporation [BEDC] celebrated the graduation of the seventh cohort of the Enterprise Bermuda Incubator [EBI] on Thursday, April 9, 2026, at the Four Ways …

Agam Capital is advising one of the largest mutual life insurers in the United States, in the formation and launch of an incorporated segregated account company [ISA] as a Bermuda-domiciled Class E life and annuity reinsurer. A spokesperson said, “This strategic engagement leveraged Agam’s unique pALM analytical platform and differentiated capabilities to support the insurer …

The fifth annual Bermuda Risk Summit 2026 has concluded,  having welcomed 460 delegates, including 172 international attendees. A spokesperson said, “The fifth annual Bermuda Risk Summit 2026, hosted by the Bermuda Business Development Agency [BDA], brought together senior leaders for three days of high-level dialogue, market insight and strategic engagement that reinforced Bermuda’s position as a …

Carey Olsen Bermuda has advised Elliott Investment Management L.P. on the Bermuda law aspects of its engagement with Norwegian Cruise Line Holdings Ltd. A spokesperson said, “Carey Olsen has advised Elliott Investment Management L.P. [Elliott], a leading U.S. investment firm, on the Bermuda law aspects of Elliott’s engagement with Norwegian Cruise Line Holdings Ltd. [NCLH], …

Appleby has appointed Claire van Overdijk KC as Head of Private Client & Trusts in Bermuda. A spokesperson said, “Appleby is delighted to announce the appointment of partner Claire van Overdijk KC as Head of Private Client & Trusts in Bermuda. Claire is responsible for the firm’s contentious and non-contentious private client & trusts practice. …

AM Best has affirmed Coralisle Group Ltd.’s subsidiaries with A [Excellent] financial strength ratings and stable outlooks, citing strong balance sheet strength and solid operating performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” [Excellent] of the …

HSBC Bermuda confirmed that issues affecting some Visa Gold and Visa Classic credit card transactions linked to personal PayPal wallets have now been resolved following recent service interruptions tied to enhanced security controls. A spokesperson said, “Following the recent interruptions to some services attributed to the implementation of enhanced security controls, HSBC Bermuda confirms that …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 11th. On Sunday the Explorer II cruise ship, the GMT Germany discharge ship, and the Walther Herwig III ship are expected, on Monday the Oleander container ship and the Valiant Lady cruise ship will arrive, …

April 10 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,479.56, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock …

Clarien Bank announced its 2026 corporate giving has exceeded $160,000, supporting a wide range of charitable organisations across the island through continued community investment. A spokesperson said, “Clarien Bank announced today its corporate giving for the year 2026, with donations surpassing $160,000 to a diverse group of charitable organisations. This year’s initiative reflects Clarien’s continued …

April 9 saw 400 shares trade on the Bermuda Stock Exchange, valued at $9,596.00 BD. 400 shares were traded by Allshores Limited, closing even at $23.99 per share. The BSX finished at 3,479.56, even on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day is available …

HSBC Bermuda provided an update following the recent interruptions to some services based on the implementation of additional security controls. A spokesperson said, “With the increase in global payment transparency requirements, it is necessary for HSBC to be able to screen both the payer and the payee as it pertains to cross-border transactions.” Tanya Bule, Head …

AM Best has affirmed the Financial Strength Rating of ‘A’ [Excellent] for Bermuda based Coralisle Group Ltd.’s life, health and property and casualty subsidiaries across Bermuda and the Caribbean. A spokesperson said, “Best also affirmed the Long-Term Issuer Credit Ratings of ‘a’ [Excellent] and ‘stable’ credit outlooks for the Group’s subsidiaries. “The ratings affirmations reflect …

The Fidelis Partnership has launched Mezura Capital Partners, a new Capital Solutions business based in Bermuda and led by Shireen Gammoh. A spokesperson said, “Pine Walk, the specialist MGA platform of The Fidelis Partnership [TFP], is pleased to announce the launch of Mezura Capital Partners [Mezura Capital], a new Capital Solutions business. “Headquartered in Bermuda, …

April 8 saw 600 shares trade on the Bermuda Stock Exchange, valued at $32,400.00 BD. 600 shares were traded by Bank of N.T. Butterfield Ltd, closing up 1.9% at $54.00 per share. The BSX finished at 3,479.66, up 1.68% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report …

Auto Solutions, Hyundai’s distributor in Bermuda, has been awarded for the highest sales growth in its category at the brand’s annual convention. A spokesperson said, “Hyundai Motor Central & South America celebrated in March in Panama its “Annual Convention”, gathering the distributors of the region to present updated information on the brand’s operation and to …

April 7 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,422.09, 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 6 2026 Bermuda Stock Exchange Report: April 2 …

ILS Bermuda has confirmed that its flagship Convergence event will return from 12–14 October 2026 with new leadership appointments now in place. A spokesperson said, “ILS Bermuda has confirmed that its flagship Convergence event will return from 12–14 October 2026, convening global leaders from across insurance, reinsurance, capital markets and the insurance-linked securities ecosystem for …

The Department of Immigration is “advising of further updates to the English Language proficiency requirements for work permit holders whose first language is not English and who do not hold a degree from an English-instruction university or college.” A spokesperson said, “The requirement for work permit holders to demonstrate English proficiency is outlined in Section …

April 6 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,422.09, 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 2 2026 Bermuda Stock Exchange Report: April 1 …

The Bermuda Wedding Collective will host a bridal expo on October 4 at Pier 6, featuring over 20 vendors and a range of services for couples planning weddings in Bermuda. A spokesperson said, “The Bermuda Wedding Collective is set to host a bridal expo on October 4, 2026, bringing together over 20 wedding vendors at …

The Bermuda Wedding Collective will host a bridal expo on October 4 at Pier 6, featuring over 20 vendors and a range of services for couples planning weddings in Bermuda. A spokesperson said, “The Bermuda Wedding Collective is set to host a bridal expo on October 4, 2026, bringing together over 20 wedding vendors at …

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Canopius US Insurance, Inc. [Canopius US] [Wilmington, DE] and Canopius Reinsurance Limited [Canopius Re] [Bermuda]. Both entities are wholly owned subsidiaries of Canopius Group Limited [Canopius] …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, April 4th. On Friday the HMCS Ville de Quebec ship is expected, on Saturday the Almi Odyssey container ship and the Grit Cement discharge ship will arrive, and on Monday the Oleander container ship and the …

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 Bermuda Limited [Bermuda], Fidelis Underwriting Limited [United Kingdom] and Fidelis Insurance Ireland Designated Activity Company [Ireland]. In addition, AM Best has affirmed the Long-Term ICR of “bbb” [Good] of Fidelis …

Aflac Re Bermuda Ltd. has reached an agreement with Japan Post Insurance Co., Ltd. to reinsure a block of whole life annuities through coinsurance, A spokesperson said, “Aflac Incorporated [NYSE: AFL], the leading life and health insurer through its subsidiaries in Japan and the U.S., today announced that Aflac Re Bermuda Ltd. [Aflac Re] has …

Appleby Bermuda has announced the promotion of Cathryn Minors to Partner, Katie Blundy, Arielle DeSilva and Hailee Forde to Counsel, and Larissa Dziubenko and Ryan Taylor to Senior Associate, recognising their contributions and professional growth within the firm. A spokesperson said, “Appleby is delighted to announce the promotion of six lawyers, recognising progression across Partner, …

The Bermuda Taxi Owners & Operators Association [BTOA] has announced the rollout and launch timeline for Journi, a new platform aimed at improving Bermuda’s transportation sector. A spokesperson said, “The Bermuda Taxi Owners & Operators Association [BTOA] today announced the operational rollout and official launch timeline for Journi, a locally owned and governed managed mobility …

April 2 saw 9,535 shares trade on the Bermuda Stock Exchange, valued at $296,757.00 BD. 2,635 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.9% at $53.00 per share, while another 6,900 shares were traded by Allshores Limited, closing up 4.3% at $24.00 per share. The BSX finished at 3,422.09, up 3.65% …

One Communications is inviting the public to explore the island, support local businesses, and win prizes through its month-long ‘Find the ONE’ scavenger hunt throughout April. A spokesperson said, “OneComm is inviting Bermuda residents to explore the island, support local businesses, and win exciting prizes with the launch of ‘Find the ONE,’ a month-long island-wide …

Ignite Bermuda is accepting applications for its 11th Entrepreneurial Accelerator, offering the Core Programme and Fuel Your Ambition Series for Bermudian innovators to develop and scale impactful start-ups from April 6 to April 24. A spokesperson said, “Ignite Bermuda welcomes applications for its 11th Entrepreneurial Accelerator, featuring two tracks – the Core Programme and Fuel …

The Bank of Butterfield repurchased for cancellation 298,847 common shares in March 2026. The filing with the BSX stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange Listing Regulations, the company repurchased for cancellation 298,847 common shares at an average …

April 1 saw 2,042 shares trade on the Bermuda Stock Exchange, valued at $106,128.00 BD. 2,042 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.0% at $52.00 per share. The BSX finished at 3,364.52, up 1.74% on the day. There was 1 advance, 0 decline, and 46 remained unchanged. The full report …