Business

Everest Group has announced a definitive agreement to sell its Colombia insurance unit to American International Group [AIG]. A spokesperson said, “Everest Group, Ltd. [“Everest” or “the Company”] [NYSE: EG], a global specialty reinsurance and insurance leader, announced a definitive agreement to sell Everest Compañía de Seguros Generales Colombia S.A. to American International Group, Inc. …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, May 23rd. On Saturday the Independence of the Seas and the Norwegian Jewel cruise ships, the Brilliant Ace auto carrier and the Seapeak Oak container ship are expected, on Sunday the Oleander container ship will arrive, …

AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” [Excellent] of Lumen Re Ltd. [Lumen Re] [Bermuda]. The outlook of these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect Lumen Re’s balance sheet strength, which AM Best assesses as strongest, as …

May 21 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, 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 …

BermudAir is flying high after achieving a world-class Net Promoter Score [NPS] of 70, placing the island’s flag carrier among the top airlines globally for customer satisfaction. A spokesperson said, “As Bermuda Day approaches, BermudAir, Bermuda’s flag carrier, is proud to share that the airline has achieved an extraordinary Net Promoter Score [NPS] of 70, …

Walkers published a fintech white paper during the Consensus conference, featuring insights from Rachel Nightingale on how Bermuda is navigating the evolving digital asset landscape. A spokesperson said, “Walkers, the international legal and professional services firm, has published a fintech white paper in parallel with industry discussions at Consensus, exploring the evolving role of leading …

A hotdog business will set up shop outside Wesley Community Church during tomorrow’s [May 22] Bermuda Day parade, run by a 14-year-old entrepreneur and Berkeley Institute student. The cash-only setup will be offering hotdogs, drinks, chips, and ice cream to those out enjoying the holiday. For extensive coverage of Bermuda Day spanning over 15 years, …

Chubb Bermuda today announced the appointment of David Jenkins as Senior Vice President, Head of Excess Property. Mr. Jenkins currently serves as Senior Vice President, Head of Bermuda Property. In this role, Mr. Jenkins will lead and develop Chubb Bermuda’s property underwriting team, overseeing the strategic growth of the excess property portfolio for large multinational …

Chubb Bermuda announced that Robert Spurling has been named Head of Financial Lines, Chubb Bermuda. Mr. Spurling currently serves as Senior Vice President, Financial Lines Underwriter. A spokesperson said, “In his new role, Mr. Spurling will have oversight of Chubb Bermuda’s Financial Lines business unit and will be responsible for the strategic direction and growth …

Carey Olsen Bermuda has advised International Seaways, Inc. on a US$240 million K-SURE-backed financing deal that was named Marine Money’s Export Credit Deal of the Year 2025. A spokesperson said, “Carey Olsen’s corporate and finance team in Bermuda has advised International Seaways, Inc. [International Seaways] on its US$240 million Korea Trade Insurance Cooperation [K-SURE]-backed financing, …

May 20 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, 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: May 19 2026 Bermuda Stock Exchange Report: May 18 …

KPMG in Bermuda’s healthcare consulting team has highlighted the importance of mental wellbeing with the launch of a new, island-focused mental health proposition. “Mental Health Awareness Month is an important reminder of the growing pressure mental health challenges place on health systems around the world. In island communities, these pressures are often compounded by limited …

Mereo Insurance Limited announced a renewal rights transaction with Everen Specialty Ltd., a member of the Everen Group, for ESL’s Excess Casualty Energy portfolio. A spokesperson said, “Under the transaction, Mereo will become the insurance carrier on a go-forward basis for both new and renewed business effective June 1, 2026. ESL’s underwriting team and underwriting …

May 19 saw 7 shares trade on the Bermuda Stock Exchange, valued at $168.00 BD. 7 shares were traded by Allshores Limited, closing even at $24.00 per share. The BSX finished at 3,540.87, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available …

Atlantic Podiatry is marking its third anniversary with extended operating hours, an expanded clinical team, and more. A spokesperson said, “Atlantic Podiatry is celebrating its third anniversary with the addition of a third podiatrist to its clinical team, extended operating hours, Saturday appointments, and continued investment in Bermuda’s future healthcare workforce. “Founded by UK-trained podiatrist …

Bermuda Motors is highlighting A1 Auto Mechanic Patrick Abuluyan after he completed advanced technical training in Trinidad and Tobago, conducted by Toyota Tsusho America Inc. A spokesperson said, “Bermuda Motors is proud to recognize the achievement of A1 Auto Mechanic Patrick Abuluyan, who recently completed advanced technical training in Trinidad conducted by Toyota Tsusho America …

May 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, 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: May 15 2026 Bermuda Stock Exchange Report: May 14 …

The Bermuda Chamber of Commerce announces Harbour Nights 2026 returns to Front Street this Wednesday, running weekly through September 16 with local vendors and entertainment. A spokesperson said, “The Bermuda Chamber of Commerce is pleased to announce that Harbour Nights 2026 will return to Front Street this Wednesday, May 20th from 7:00 p.m. to 10:00 …

The City of Hamilton is inviting experienced Bermuda-based catering and culinary operators to submit proposals for two immersive dining experiences planned as part of Taste of Bermuda 2026. A spokesperson said, “Designed to elevate the annual City food festival with theatrical storytelling, technology, and world-class cuisine, the City is seeking creative partners capable of delivering …

LOM Financial is set to host a free ‘Investing 101′ webinar on May 20 focused on building wealth, understanding risk and making smarter financial decisions for beginners. A spokesperson said, “Our team will be doing a free educational webinar this Wednesday, 20th May @2PM. “Titled Investing 101, it is focused on learning the basics of …

The Corporate Income Tax Agency [CITA] has published a consultation paper inviting stakeholder feedback on amendments to the Corporate Income Tax [Administrative] Regulations 2025, and on a new set of regulations to support the administration of the Tax Credits Act 2025. A spokesperson said, “The consultation forms part of CITA’s ongoing work to support the …

Paradise Mobile CEO Sam Tabbara spoke at the Mobile Network Innovation Summit in Twickenham, highlighting the company’s AI-native approach and Bermuda’s role in telecom innovation. A spokesperson said, “Paradise Mobile, the trailblazing carrier reshaping the global telecommunications landscape from its base in Bermuda, took centre stage this week at the inaugural Mobile Network Innovation Summit …

[Written by Patrice Horner] There is a move away from fiat currency to a barter system based on a tokens, with many other forms of value be they stock and bond or gold and real estate. The second day of the Digital Finance Forum [DFF] Summit on Wednesday May 13th brought home how central Bermuda …

“I am pleased to report that the Department’s findings show that there has been a decline in the City’s vacancy rates from approximately fifteen percent [15%] in 2022 to ten percent [10%] for 2025,” Minister for the Cabinet Office and Digital Innovation Diallo Rabain said in the House of Assembly on Friday. The Minister’s full …