Business

Marsh Risk announced the launch of BX1, a “new Bermuda-domiciled insurance facility designed to provide US-based clients with a robust and streamlined excess casualty insurance solution. ” A spokesperson said, “BX1 offers a unified block of $50 million capacity, placement certainty, and superior policy terms tailored to meet the complex needs of the challenging US …

B-Mobile Bermuda announced a “strategic partnership with Branded Realities Inc. to bring cutting-edge experiential marketing and creative technology to Bermuda and the wider Caribbean.” A spokesperson said, “The collaboration centres on the REALITIES platform and its flagship patented product, Pose With. This technology delivers immersive augmented reality [AR] interactions—including holographic capture and digital storytelling—allowing tourists …

Food & Wine recently tested 12 different ginger beer varieties, with Goslings Stormy Ginger Beer ranked at number nine. The story said, “Ginger beer is the bottle you buy for one cocktail — and then suddenly can’t live without. It’s spicy, bubbly, and just sweet enough to feel like a treat, equally at home on …

March 18 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,256.51, 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: March 17 2026 Bermuda Stock Exchange Report: March 16 …

Wilton Reinsurance Bermuda Limited continued its employee-directed philanthropic program in 2025, directing over $50,000 in donations to Bermuda-based charities while staff also volunteered time to local initiatives. A spokesperson said, “Wilton Reinsurance Bermuda Limited continues to demonstrate strong commitment to the local community through its employee-directed philanthropic program, which empowers staff to allocate donations to …

The Loren at Pink Beach will host its inaugural Writers in Residence retreat from March 27–29, featuring author-led conversations, special events, and appearances by notable literary and artistic figures curated by Brisa Carleton. A spokesperson said, “Curated by Tony Award–winning producer and author Brisa Carleton, the debut weekend at The Loren will feature New York …

HSBC Bermuda has refreshed its Springboard Mortgage programme, enabling first-time homebuyers to enter the property market with as little as a 5% deposit and up to 95% financing. A spokesperson said, “HSBC Bermuda has refreshed its Springboard Mortgage, a programme designed to help first-time homebuyers enter the property market with a deposit of as little …

Consumers paid 2.4% more in December than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI]. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the Department of Statistics’ December 2025 Consumer Price Index. “In summary, consumers paid 2.4 per cent more …

After adjusting for the retail sales rate of inflation – measured at 2.4% in December – the overall volume of retail sales index increased 0.9% when compared to December 2024, according to the newly released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the December 2025 Retail Sales …

The Ministry of Economy and Labour has released the 2024 Information and Communication Technology [ICT] Profile, showing the sector contributed 3.1% to Bermuda’s GDP in current prices. A Government spokesperson said, “Today, the Ministry of Economy and Labour, the Hon. Jason Hayward, JP, MP, released the 2024 Information and Communication Technology [ICT] Profile from the …

Carrick Group Limited — a Bermuda-based international non-life legacy insurer — announced the appointment of Matt Brand as Head of Governance. A spokesperson said, “Mr. Brand spent 10 years at Hampden Group, most recently as Group Head of Operations. He reports to Chief Executive Officer Tom Nichols and is responsible for ensuring that all of …

March 17 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,256.51, 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: March 16 2026 Bermuda Stock Exchange Report: March 13 …

Allied World Bermuda has promoted 8 employees and recognized 8 staff members celebrating 20+ years of service as the company marks its 25th anniversary. A spokesperson said, “Allied World Bermuda promoted 8 employees in recognition of their talent and hard work.” Colm Singleton, Head of Allied World Bermuda Office stated, “Our colleagues consistently deliver excellence, …

In celebration of Women’s History Month, The Shops at Hamilton Princess will host an intimate dinner with American fashion designer Hunter Bell, whose collection is sold exclusively in the hotel’s Blank Canvas boutique. A spokesperson said, “The evening will bring together women in business, entrepreneurs, and community leaders for a night of conversation and connection …

After adjusting for the retail sales rate of inflation, measured at 3.3% in November, the overall volume of retail sales index decreased 1.7% when compared to November 2024, according to the newly released Retail Sales Index. A Government spokesperson said, “Today, the Ministry of Economy and Labour released the November 2025 Retail Sales Index publication. “November’s volume of …

The Association of Bermuda Insurers and Reinsurers [ABIR] will host international insurance regulators and industry leaders next month for its Risk Forum in Bermuda, featuring keynote speakers from the EU, US, and UK. A spokesperson said, “The Association of Bermuda Insurers and Reinsurers [ABIR] will host globally renowned standard setters from the EU, US and …

Bermuda College has appointed senior insurance executive Cathy Duffy I rise today to inform this Honourable House of the proactive steps being taken by the Department of Planning to address the current backlog of building permit applications. as Chair and Professor of the Practice [Insurance] to develop the island’s first formal academic pathway in insurance. …

March 16 saw 178 shares trade on the Bermuda Stock Exchange, valued at $8,989.00 BD. 178 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.0% at $50.50 per share. The BSX finished at 3,256.51, up 2.63% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report …

The Bermuda Chamber of Commerce announced that vendor applications are now open for Harbour Nights 2026, which will take place every Wednesday from May 13 through September 16 along Front Street. A spokesperson said, “The Bermuda Chamber of Commerce is pleased to announce that applications are now open for vendors interested in participating in Harbour …

White Mountains Insurance Group Ltd. has declared an annual common share dividend of $1.00 per share, payable on March 25 to shareholders of record as of the close of business on March 16. The filing with the BSX stated, “Please be advised that the Board of Directors of White Mountains Insurance Group, Ltd. adopted resolutions …

“I am pleased to continue reporting on Bermuda’s Economic Development Strategy 2023–2027, following my previous report on Strategic Priority 1: Local and International Business Retention and Expansion. Today, I will speak on Strategic Priority 2, Business Attraction and Investment Promotion,” Minister of Economy and Labour Jason Hayward said in the House of Assembly. The Minister’s …