Business

AM Best confirmed that the credit ratings and positive outlook for Vantage Group remain unchanged following the company’s announced leadership changes. The ratings agency said, “AM Best has commented that the Credit Ratings [ratings] of Vantage Risk Ltd. [Bermuda] and its affiliates, Vantage Risk Specialty Insurance Company and Vantage Risk Assurance Company [both domiciled in …

AM Best upgraded the financial strength and credit ratings of most Sagicor Financial subsidiaries while affirming its Bermuda and Jamaica operations with stable outlooks. The ratings agency said, “AM Best has upgraded the Financial Strength Rating [FSR] to A [Excellent] from A- [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICRs] to “a” [Excellent] from …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, July 18th. On Saturday the Independence of the Seas and the Norwegian Jewel cruise ships are expected, on Sunday the Veracruz discharge and the Sunda discharge ships and the Oleander container ship ship will arrive, and …

July 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,745.99, 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 …

Vineyard Vines Bermuda is celebrating its 10th anniversary with a series of events and giveaways, marking a decade as the brand’s only stand-alone retail store outside the United States. A spokesperson said, “Vineyard Vines Bermuda celebrated its 10th anniversary with a private event marking a decade of bringing the brand’s signature coastal lifestyle to Bermuda. …

HSBC Bermuda will hold its Cup Match Motorcade through Hamilton on Wednesday, July 29. A spokesperson said, “It’s Cup Match time in Bermuda! Catch the famous HSBC Motorcade travelling across Hamilton on Wednesday 29 July 2026. Grab some giveaways along the route and in our branches as we celebrate the spirit of Bermuda together. Don’t …

AM Best has placed under review with developing implications the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Rating of “a-” [Excellent] of Through Transport Mutual Insurance Association Limited [TTB] [Bermuda] and its subsidiaries, TT Club Mutual Insurance Limited [TTI] [United Kingdom] and TT Club Mutual Insurance N.V. [TTNV] [Netherlands]. TTB, TTI …

July 16 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,745.99, 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: July 15 2026 Bermuda Stock Exchange Report: July 14 …

Bermuda Motors representatives Damon Haywood and Sharee Williams attended a Toyota Warranty Training Seminar in Miami, Florida. A spokesperson said, “Damon Haywood, Operations Manager, and Sharee Williams, Warranty Administrator, recently represented Bermuda Motors at an intensive Toyota Warranty Training Seminar held in Miami, Florida. Damon Haywood – Operations Manager and Sharee Williams – Warranty Administrator …

The Association of Bermuda Insurers and Reinsurers [ABIR] has welcomed Mereo Insurance Limited as its newest full member. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] is pleased to welcome Mereo Insurance Limited as its newest full member, further strengthening Bermuda’s position as the world’s leading risk transfer and reinsurance marketplace. “Launched …

Appleby acted as Bermuda counsel on the California Earthquake Authority’s $425 million Sutter Re catastrophe bond issuance. A spokesperson said, “The California Earthquake Authority [CEA] has secured USD425 million of fully collateralized earthquake reinsurance protection from the capital markets through its Sutter Re Ltd. [Series 2026-1] catastrophe bond issuance. “The Sutter Re Series 2026-1 issuance …

July 15 saw 600 shares trade on the Bermuda Stock Exchange, valued at $19,500.00 BD. 600 shares were traded by Watlington Waterworks Ltd., closing down 4.4% at $32.50 per share. The BSX finished at 3,745.99, down 0.05% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the …

July 14 saw 1,200 shares trade on the Bermuda Stock Exchange, valued at $32,510.00 BD. 1,200 shares were traded by Allshores Limited, closing up 0.4% at $27.10 per share. The BSX finished at 3,747.89, up 0.03% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day …

Minister Jason Hayward joined BEDC’s latest Chat and Chew session, where entrepreneurs shared feedback to help shape the implementation of Bermuda’s National Entrepreneurship Blueprint. A Government spokesperson said, “The Minister of Economy and Labour, Jason Hayward, continued the Government’s engagement with Bermuda’s entrepreneurial community by participating in the Bermuda Economic Development Corporation’s latest Chat and …

July 13 saw 1,200 shares trade on the Bermuda Stock Exchange, valued at $47,925.00 BD. 500 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $58.05 per share, while another 700 shares were traded by Allshores Limited, closing even at $27.00 per share. The BSX finished at 3,746.91, even on the day. …