Business

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

Minister of Economy and Labour Jason Hayward opened the B.U.I.L.D Summit 2026, highlighting the importance of investment, innovation, and collaboration in shaping Bermuda’s future. A Government spokesperson said, “Today, the Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, underscored the importance of investment, innovation, and collaboration in shaping Bermuda’s future as he …

RenaissanceRe Holdings Ltd. announced board leadership changes, including appointing Henry Klehm III as Non-Executive Chair, electing Stephen C. Hooley as an independent director, and declaring a $0.41 quarterly dividend alongside a renewed $750 million share repurchase program. A spokesperson said, “RenaissanceRe Holdings Ltd. today announced the following: Existing director, Henry Klehm III has been appointed Non-Executive …

Deloitte announced leadership changes across Bermuda and the Caribbean, with John Johnston set to retire, Anna Burns to take over as regional CEO on June 1, 2026, and Stephen Kuzyk already leading the Bermuda office. A spokesperson said, “Today Deloitte announced leadership changes within its operations covering Bermuda and the Caribbean Region. Long-time regional Chief …

The National Museum of Bermuda [NMB] is seeking “a motivated 12-month museum intern to support its education, curatorial, and community engagement initiatives.” A spokesperson said, “The National Museum of Bermuda [NMB] is seeking a motivated 12-month museum intern to support its education, curatorial, and community engagement initiatives. This paid internship is designed for recent university …

The Ministry of Economy and Labour released the 2025 Q4 Balance of Payments & International Investment Position publication. Minister of Economy and Labour Jason Hayward said, “Bermuda’s trade with non-residents resulted in a $609 million surplus for the fourth quarter of 2025, up $206 million from a year ago. Transactions related to trade in goods led …

Bermuda’s luxury hospitality sector is showcasing bespoke spirits as Bacardi Limited expands its PATRÓN Tequila Barrel Select Program in partnership with Goslings Limited and leading properties including Rosewood Bermuda, Hamilton Princess & Beach Club, and The Loren at Pink Beach. A spokesperson said, “Bermuda’s luxury hospitality scene is raising a glass to craftsmanship and exclusivity …

Premier David Burt is in Miami to lead a Bermuda delegation at Consensus 2026, with the Premier saying “Bermuda’s continued presence underscores our commitment to building the world’s first fully on-chain national economy.” A Government spokesperson said, “The Premier and Minister of Finance of Bermuda, the Hon. David Burt, JP, MP, will travel to Miami, …

White Mountains Partners announced that its portfolio company Enterprise Solutions has acquired Hawkeye Electric, expanding its electrical contracting services into the Arizona market. A spokesperson said, “White Mountains Partners [WMP], a White Mountains operating company, announced today that its portfolio company, Enterprise Electric, LLC d/b/a Enterprise Solutions [Enterprise Solutions], a provider of specialty electrical contracting …

May 5 saw 2,800 shares trade on the Bermuda Stock Exchange, valued at $68,880.00 BD. 2,800 shares were traded by Allshores Limited, closing up 12.7% at $24.80 per share. The BSX finished at 3,548.71, up 0.78% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day …

Minister of Economy and Labour Jason Hayward is holding a press conference this afternoon [May 5] provide an update on the National Entrepreneurship Strategy. We will have additional coverage later on and in the meantime the live video is below. Related Stories Video: Premier & Jeff Baron At Tech Summit Video: BermudAir Launches Service To …

May 4 saw 1,000 shares trade on the Bermuda Stock Exchange, valued at $55,000.00 BD. 1,000 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $55.00 per share. The BSX finished at 3,521.27, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the …

Registration has opened for the 2026 Athene Life Career Expo, a free event on June 17 at Pier 6 in Hamilton offering students, graduates, and career changers insight and access to opportunities in Bermuda’s life [re]insurance industry. A spokesperson said, “Registration is now open for the 2026 Athene Life Career Expo, a free, award-winning event …

Everest Group Ltd. reported its first quarter 2026 results. A spokesperson said, “Everest Group, Ltd. [NYSE: EG], a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today reported its first quarter 2026 results. First Quarter 2026 Highlights “Net income of $653 million, equal to $16.21 per diluted share versus first quarter …

Assured Guaranty Ltd. has declared a quarterly dividend of $0.38 per share, payable on May 29, to shareholders on record as of May 15. A spokesperson said, “Assured Guaranty Ltd. today declared a quarterly dividend of $0.38 per common share. The dividend is payable on May 29 to shareholders of record at the close of …

May 1 saw 100 shares trade on the Bermuda Stock Exchange, valued at $2,200.00 BD. 100 shares were traded by Allshores Limited, closing down 8.3% at $22.00 per share. The BSX finished at 3,521.27, down 0.55% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day …

Hamilton Insurance Group, Ltd. announced financial results for the first quarter ended March 31, 2026.” Commenting on the results, Pina Albo, CEO of Hamilton, said, “Hamilton reported strong first quarter 2026 results, generating net income of $134 million and operating income of $167 million, an annualized return on average equity of 19% and operating return …

The Government announced that local businesses are invited to apply for vendor spaces at the Bermuda Digital Finance Forum: Digital Payments Workshop & Market, taking place on May 14, 2026, at Pier 6. A Government spokesperson said, “Interested businesses can apply for a vendor space here: https://bit.ly/DFFVendors. “The Government is also offering complimentary tickets for …