BUEI & BermudAir Sustainability Partnership

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 …
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Nicole Cavanagh Joins Carey Olsen

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 …
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Acrisure Re Integrates Captives Division

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 …
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Carnival Approve Bermuda Redomiciliation

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 …
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S&P Global Upgrades SiriusPoint’s Ratings

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 …
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Ogier & MJM Law Firms Form Alliance

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 …
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Bermuda Jumps By 23 Places In Financial Index

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 …
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BMA Prohibition Order On Joakim Samuelsson

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 …
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LOM Financial Announce Director Changes

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 …
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Career Fair And Expo Set For June 18

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 …
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International Lineworker Appreciation Day

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 …
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