Business

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 …