Bernews

March 2 saw 10,050 shares trade on the Bermuda Stock Exchange, valued at $218,989.50 BD. 10,050 shares were traded by Allshores Limited, closing up 0.4% at $21.79 per share. The BSX finished at 3,340.50, up 0.03% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day …

Bacardi hosted a Gombey performance at the Black-Owned Vendor Market event on Friday, bringing a festive and traditional Bermudian flair to the evening. Held at the company’s global headquarters, the market served as a platform to empower and highlight local entrepreneurs. Related Stories Photos: Bacardi Hosts Vendor Market Photos, Video & 360: Bacardi Vendor Market Photos: Phoenix …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, February 28th. On Saturday the Steel discharge ship and the TS Alexander von Humboldt ship are expected, on Monday the Oleander container ship will arrive, and on Thursday the Bermuda Islander container ship is scheduled to …

February 27 saw 2,000 shares trade on the Bermuda Stock Exchange, valued at $104,000.00 BD. 2,000 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.2% at $52.00 per share. The BSX finished at 3,339.62, down 0.17% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report …

Organizers of the Bermuda Captive Conference, which will be held from June 1 to June 3, are encouraging delegates to “secure their place early as demand builds for this year’s programme.” A spokesperson said, “With early bird registration remaining open only for a short window, organizers of the Bermuda Captive Conference are encouraging delegates to …

WeSpeak Bermuda is proud to announce the strengthening of its long-standing partnership with Butterfield becoming a Platinum Partner, reflecting a shared commitment to the development and empowerment of women and teen girls across Bermuda. A spokesperson said, “Through this continued partnership, Butterfield will play an integral role in enabling WeSpeak to expand its programming and …

Ascot Group Limited announced the appointments of Patrice Walch-Watson and Christopher Gallagher to its Board of Directors. A spokesperson said, “Ascot Group Limited, the Bermuda based global specialty insurance company, announced today that Patrice Walch-Watson and Christopher Gallagher have been appointed to its Board of Directors.” Kewsong Lee, Chairman of the Board of Ascot Group …

International General Insurance Holdings Ltd. [IGI] announced an extraordinary cash dividend of $1.15 per common share, payable on April 6 to shareholders of record as of March 18, 2026. A spokesperson said, “International General Insurance Holdings Ltd. today announced that its Board of Directors has declared an extraordinary cash dividend of $1.15 per common share. …

Fitch Ratings has upgraded the ratings of SiriusPoint Ltd, including the Insurer Financial Strength [IFS] rating of its operating subsidiaries to ‘A’ [Strong] from ‘A-’, its Long-Term Issuer Default Rating [IDR] to ‘BBB+’ from ‘BBB’, and its senior debt rating to ‘BBB’ from ‘BBB-’. The Rating Outlook is Stable. The ratings agency said, “The upgrade of …

February 26 saw 6,800 shares trade on the Bermuda Stock Exchange, valued at $147,560.00 BD. 6,800 shares were traded by Allshores Limited, closing down 0.5% at $21.70 per share. The BSX finished at 3,345.38, down 0.03% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day …

The Bermuda Business Development Agency [BDA] today announced a headline executive session at the Bermuda Risk Summit 2026, bringing together global reinsurance CEOs to examine the evolving state of the market and the strategic decisions shaping its future. A spokesperson said, “Titled “The State of Reinsurance: Balancing Risk, Returns & Resilience,” the panel will take …

Fidelis Insurance Holdings Limited announced its intention to rebrand as Pelagos Insurance Capital Limited and begin trading as NYSE: PLGO in May 2026, pending regulatory and shareholder approvals, while confirming that its operations, regulatory permissions, and client arrangements will remain unchanged. A spokesperson said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [“Fidelis Insurance Group” or the “Company”], …

February 25 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,346.36, 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: Feb 24 2026 Bermuda Stock Exchange Report: Feb 23 …

Walkers has strengthened its Bermuda employment practice with the appointment of employment partner Nick Vernon. A spokesperson said, “We have bolstered our Bermuda offering with the hire of employment partner, Nick Vernon. “His arrival marks a significant milestone as we respond to increasing demand for specialist employment advice in the market, enhancing its established employment …

February 24 saw 9,100 shares trade on the Bermuda Stock Exchange, valued at $198,330.00 BD. 9,100 shares were traded by Allshores Limited, closing even at $21.80 per share. The BSX finished at 3,346.36, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available …

“Beginning March 1, new prescriptions for certain high-cost medications will be directed to The Phoenix Stores pharmacies as the designated provider,” Allshores said. A spokesperson said, “Allshores Limited announced a pharmacy partnership designed to help manage rising prescription drug costs while maintaining full coverage and continued access for members, particularly those managing chronic or complex …

Price Forbes has appointed Gareth Davies as Executive Vice President and Head of Property in Bermuda, bringing thirty years of industry experience. A spokesperson said, “Price Forbes announces that Gareth Davies has been appointed to the role of executive vice president, head of property, effective immediately. He is based in Bermuda and reports directly to …

February 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,346.36, 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: Feb 20 2026 Bermuda Stock Exchange Report: Feb 19 …

Following the delivery of the 2026 Budget by Premier David Burt in the House of Assembly, Deloitte released a ‘Budget Snapshot’, which highlights some of the key points from the Budget Speech, and follows in full below. You can click here to view all our coverage of the 2026 Budget. The 2026 Deloitte Bermuda Budget Snapshot is below [PDF …

Fidelis Insurance Group has announced an expansion of its capital management initiatives, including an increase in its common share repurchase authorization to $400 million and a quarterly dividend of $0.15 per share. A spokesperson said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [“Fidelis Insurance Group” or “the Company”], a strategic capital allocator and risk selector in specialty …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, February 21st. On Saturday the Carnival Dream cruise ship and the Orchid Ace auto carrier are expected, on Monday the Lettie PG oil products tanker will arrive, and on Tuesday the Oleander and the Somers Isles …

February 20 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,346.36, 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 …

The Bermuda Chamber of Commerce has announced that its 2026 Budget Breakfast & Economic Forum, sponsored by PwC Bermuda, sold out within hours of tickets being released. A spokesperson said, “The event, taking place on 23 February 2026 at the Hamilton Princess & Beach Club, builds on the longstanding success of the Chamber’s annual Budget …

February 19 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,346.36, 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: Feb 17 2026 Bermuda Stock Exchange Report: Feb 16 …

The Ministry of Health today announced that Grades for food establishments licensed 1 April 2025-31 Mar 2026 are now publicly available on the Government of Bermuda portal, Gov.bm. A Government spokesperson said, “Each year, Environmental Health Officers conduct inspections of restaurants, cafés, bars, grocery stores, and other food businesses to assess compliance with Bermuda’s food safety …

The Bank of N.T. Butterfield & Son Limited has entered into an agreement to acquire Rawlinson & Hunter in Guernsey, the independently owned Guernsey member firm of the Rawlinson & Hunter International Network. A spokesperson said, “The acquisition will further expand the Bank’s Channel Islands presence and strengthen its trust and fiduciary offering with the addition …

The Bermuda Business Development Agency [BDA] today announced a featured session at the Bermuda Risk Summit 2026 marking the 20-year anniversary of the industry cohort widely known as the “Class of 2005.” A spokesperson said, “The panel, “From Storms to Strength: The Class of 2005 Turns 20,” will bring together leaders whose companies emerged in …

“Pinion Insurance [Pinion], a newly formed specialty insurance platform, announced its official launch. The company will offer insurance capacity for Managing General Agents [MGAs] across the US, UK, and European markets through a fully-integrated innovative proprietary technology platform. A spokesperson said, “Founded by an experienced management team of Neil McConachie, Philip Vandoninck, and Laura Baird, …

WeSpeak Bermuda, the public-speaking charity dedicated to empowering women and teen girls to project their voices with confidence, has announced the launch of its Rise Corporate Series marking a significant milestone in the organisation’s continued growth and impact. A spokesperson said, “Designed in partnership with Dr. Jennifer Card, Dr. Crystal Clay, Gayle Gorman and Lorene …

The Athene Life Career Expo will take place on June 17 at Pier 6 on Front Street in Hamilton. A spokesperson said, “The Athene Life Career Expo is scheduled for June 17, 2026, at Pier 6, Front Street, Hamilton.” “Bermuda is a global [re]insurance hub, and the Athene Life Career Expo is part of our …

AM Best has commented that the Credit Ratings [ratings] of Cavello Bay Reinsurance Limited [Cavello Bay] [Bermuda], a subsidiary of Enstar Group Limited [ENSTAR] [Bermuda], are unchanged following Enstar’s announcement that it has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. [AF Group] from Blue …

February 17 saw 19,807 shares trade on the Bermuda Stock Exchange, valued at $443,900.60 BD. 400 shares were traded by Bank of N.T. Butterfield Ltd, closing down 2.7% at $52.07 per share, while another 19,407 shares were traded by Allshores Limited, closing up 3.8% at $21.80 per share. The BSX finished at 3,343.80, down 2.18% …

mea Platform, the AI-native insurance technology company, announced a $50 million minority growth equity investment from SEP, a leading investor in enterprise technology companies. A spokesperson said, “Since formation in 2021, mea has consistently driven the market for AI applied to the insurance industry. Demand is accelerating for mea’s products that rapidly improve combined ratios …

Freisenbruch Insurance Services Ltd. [FIS] announced that Carla Seely has rejoined the Company as Chief Operating Officer [COO], effective Monday, February 2. A spokesperson said, “Her appointment comes at a time of continued evolution within the insurance and financial services sector, as Freisenbruch proactively strengthens its leadership team during a period of market change. “Founded …

The Association of Bermuda International Companies [ABIC] congratulates Lombard Odier Trust [Bermuda] Limited on its 50 years of operations in Bermuda. A spokesperson said, “The Association of Bermuda International Companies [ABIC] congratulates its member company Lombard Odier Trust [Bermuda] Limited, Group Lombard Odier, regulated with the Bermuda Monetary Authority to do trust, corporate services and …

The Bermuda Stock Exchange [BSX], a wholly owned subsidiary of Miami International Holding, Inc., reported its 2025 year-end results, highlighting a record year for insurance-linked securities [ILS] listings. A spokesperson said, “BSX reported 209 new ILS listings in 2025, a 34.0% increase from 2024, bringing its total number of listings to 746 and accounting for …

The Bermuda Principles Foundation has announced a landmark NVIDIA Fireside Chat titled “The Future of AI in Business.” A spokesperson said, “The Bermuda Principles Foundation announces a landmark public event to be held at the Bermuda Principles 30th Anniversary Conference [BP30]: a ticketed NVIDIA Fireside Chat, “The Future of AI in Business”. This will be …

The Bermuda Monetary Authority has added Coinmint Bermuda Limited and Coinmint Bermuda Services Limited to its warning list. A spokesperson said, “The Bermuda Monetary Authority [BMA or Authority] is aware that the following entities are falsely claiming to be companies incorporated in Bermuda and licensed by the Authority to conduct regulated activity under the Digital …

AM Best affirms PartnerRe’s A+ [Superior] financial strength and stable outlook, reflecting solid underwriting performance and strong balance sheet strength. The ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “aa-” [Superior] of the operating subsidiaries of PartnerRe Ltd. [collectively referred to as …