Business

TABS Bermuda unveils its “Song of the Sea” collection at Coral Beach Club, showcasing ocean-inspired designs and a locally produced campaign celebrating Bermuda’s connection to the sea. A spokesperson said, “TABS Bermuda unveiled its latest collection, Song of the Sea, at a launch event held at Coral Beach Club, bringing together guests for an evening …

AM Best has affirmed strong ratings for Biglari Reinsurance Ltd. and affiliates, citing strong capitalisation and stable performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a+” [Excellent] of Biglari Reinsurance Ltd. [Bermuda] and its reinsured affiliates, First Guard Insurance Company …

AM Best has affirmed Lion Reinsurance Company Limited’s Financial Strength Rating of A [Excellent] with a stable outlook, citing its very strong balance sheet strength and adequate operating performance. The ratings agency said, “AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Rating of “a” [Excellent] of Lion …

April 24 saw 501 shares trade on the Bermuda Stock Exchange, valued at $27,555.00 BD. 501 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.8% at $55.00 per share. The BSX finished at 3,540.87, down 1.60% on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report …

Allshores Limited announced its results for the year ended 31 December 2025, the first full financial year following the amalgamation of BF&M Limited and Argus Group Holdings Limited, which completed on 6 January 2025. Earnings And Operating Performance A spokesperson said, “The Group generated underlying earnings from operations of $62.4 million for the year ended …

Watlington Waterworks Limited has declared a June 2026 dividend of BD$0.30 per share to shareholders of record as at June 12, payable on June 26. The filing with the BSX stated, “The company announces that at a recent meeting of the Board of Directors of the Company, a dividendin the amount of BD$0.30 per share …

Chubb Limited reported net income for the quarter ended March 31, 2026 of $2.32 billion, or $5.88 per share, and core operating income of $2.69 billion, or $6.82 per share. A spokesperson said, “Book value per share and tangible book value per share increased 15.8% and 21.5%, respectively, from March 31, 2025 and now stand …

April 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,598.44, 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 22 2026 Bermuda Stock Exchange Report: April 21 …

April 22 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,598.44, 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 21 2026 Bermuda Stock Exchange Report: April 17 …

The Bermuda Underwater Exploration Institute [BUEI] and BermudAir have announced a sustainability partnership to promote ocean conservation, environmental education, and eco-conscious travel through a range of joint initiatives. A spokesperson said, “Unveiled during a special Earth Day launch event at BUEI on Wednesday, April 22nd, the partnership is designed to promote care for the ocean …

Carey Olsen announced that Nicole Cavanagh TEP has joined the firm’s dispute resolution and litigation practice in Bermuda as counsel. A spokesperson said, “Nicole’s practice covers the full spectrum of matrimonial law, including divorce, separation, and ancillary relief. She has a particular focus on the intersection of trusts and divorce, advising high-net-worth clients and business families …

Premier and Minister of Finance David Burt has signed a “protocol amending the Double Taxation Agreement [DTA] between the Government of Bermuda and the Government of the Kingdom of Bahrain,” the government announced A spokesperson said, “The protocol was signed on Friday, 17 April on the sidelines of the 2026 Spring Meetings of the International …

David Gibbons has been appointed as the incoming CEO of the network of PwC firms operating in the Caribbean, effective 1 July 2026. He said, “It’s a tremendous honour to serve as the next CEO, especially as we stand at a pivotal moment for professional services regionally and globally. With geopolitical tensions, evolving economies and …

Acrisure Re, the reinsurance division of global fintech leader Acrisure,  announced the integration of Acrisure’s Capital and Captives division, saying that it “brings more than 275 captive specialists across North America and Bermuda into a single platform, combining an established captive business with the capabilities of a leading specialist reinsurance broker.” A spokesperson said, “This …

Carnival Corporation & plc shareholders approved all resolutions at special and annual meetings, including plans to unify its dual-listed structure and redomicile to Bermuda. A statement from the company said, “Carnival Corporation & plc [NYSE/LSE: CCL; NYSE: CUK] announces that, in connection with the proposed unification of its dual-listed company structure and redomiciliation of Carnival …

In a filing with the Bermuda Stock Exchange, LOM Financial Limited announced a dividend. The full filing stated: “LOM Financial Limited, at a meeting of the Board of the Company held on 17 April 2026 announced: The Board of Directors have decided to pay a dividend of $0.08 per share on 8 May 2026 to …

April 21 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,598.44, 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 17 2026 Bermuda Stock Exchange Report: April 16 …

S&P Global Ratings has upgraded SiriusPoint’s core insurance subsidiaries to ‘A’ and its holding company to ‘BBB+’, citing improved capital strength, de-risked portfolios, and sustained underwriting performance. A spokesperson said, “S&P Global Ratings [S&P] has raised the long-term issuer credit and financial strength ratings on the core insurance operating subsidiaries of SiriusPoint Ltd [SiriusPoint or …

International and offshore law firm Ogier and Bermuda-based MJM have “entered into an alliance to better support clients with cross-border matters.” A spokesperson said, “This will enable the two firms to offer co-ordinated support and legal expertise across key international finance hubs. Building on their existing collaboration, Ogier and MJM will work together more closely on …

Bermuda has strengthened its standing as a leading international financial centre in the Global Financial Centres Index 39, rising 23 places to rank 57th globally and retaining first place in Latin America and the Caribbean. A spokesperson said, “Bermuda has further strengthened its position as a leading international financial centre in the latest edition of …

The Bermuda Monetary Authority [BMA] issued a prohibition order against Joakim Samuelsson following “extensive findings of regulatory breaches and failures in his conduct as a director, officer and controller of Custodian Life Limited [Custodian], a Bermuda-registered insurer.” A spokesperson said, “The prohibition order, issued pursuant to section 32H of the Insurance Act 1978 [the Act] and …

A small group of companies is pulling sharply ahead in the race to generate real financial returns from artificial intelligence, according to PwC’s new AI performance study: Want ROI from AI? Go for growth. A spokesperson said, “The global study interviewed 1,217 senior executives, primarily at large, publicly listed companies across 25 sectors, asking them …

LOM Financial Ltd. has announced the retirement of director Dennis Tucker and the appointment of financial services executive Rik Parkhill as an independent director, effective immediately. A spokesperson said, “LOM Financial Ltd. today announced that Mr. Dennis Tucker will be retiring from the boards of LOM Financial Limited and its regulated subsidiaries. The Board of …