Business

June 16 saw 6,000 shares trade on the Bermuda Stock Exchange, valued at $153,607.00 BD. 5,000 shares were traded by Allshores Limited, closing up 9.0% at $23.99 per share, while the other 1,000 shares were traded by Watlington Waterworks Ltd, closing up 1.5% at $34.00 per share. The BSX finished at 3,690.51, up 0.55% on …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, June 13th. On Saturday the Norwegian Jewel and the Independence of the Seas cruise ships are expected, on Sunday the Oleander container ship will arrive, and on Monday the Norwegian Aqua and the Independence of the …

Willis Re, the international reinsurance broker, announced the appointments of Jonathan Ogilvie as Global Head of Non-Marine Specialties and Chris Dart as Head of Treaty Reinsurance, Bermuda, effective immediately. A spokesperson said, “In their roles, Ogilvie and Dart will be responsible for leading their respective teams, managing portfolio performance, and contributing to the expansion of …

June 11 saw 5,000 shares trade on the Bermuda Stock Exchange, valued at $40,750.00 BD. 5,000 shares were traded by LOM Financial Limited, closing up 1.9% at $8.15 per share, while another 900 shares were traded by Allshores Limited, closing down 8.3% at $22.00 per share. The BSX finished at 3,641.59, down 0.50% on the …

Aircare Ltd. is celebrating 40 years in business and will offer special customer deals throughout 2026 and into 2027. A spokesperson said, “Aircare Ltd. is celebrating 40 years in business and has announced that the Company will be offering special deals for customers during 2026 into 2027. Staff will also be dedicating 40 hours of …

Banyan Risk has launched a new Healthcare Professional Liability product and Kim Morgan has joined Banyan Risk as Lead Underwriter, Healthcare, based in Bermuda. A spokesperson said, “Banyan Risk Ltd [“Banyan Risk”], the specialty Managing General Agent [MGA], has launched a new Healthcare Professional Liability product under Banyan Risk Ltd in Bermuda, with strategic capacity …

Watlington Waterworks Limited has declared a July 2026 dividend of BD$0.50 per share to shareholders of record as at July 10, payable on July 29. The filing with the BSX stated, “The company announces that at a recent meeting of the Board of Directors of the Company, a special dividend in the amount of BD$0.50 per share was …

Willis Re, an international reinsurance broker, announced the appointment of John Fletcher as Chief Executive Officer, Willis Re Bermuda, effective immediately. A spokesperson said, “In this role, Fletcher will be responsible for leading Willis Re’s Bermuda platform, driving business growth and the continued development of an industry-leading team. He will oversee the execution and implementation …

June 10 saw 2,194 shares trade on the Bermuda Stock Exchange, valued at $124,048.00 BD. 2,194 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $57.00 per share. The BSX finished at 3,660.01, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the …

Convex Group has secured USD175 million of retrocessional reinsurance protection from the capital markets through its Hypatia Ltd. [Series 2026‑1] catastrophe bond issuance. An Appleby spokesperson said, “This is the fourth catastrophe bond sponsored by Convex through Hypatia Ltd., with the Series 2026‑1 issuance providing coverage for its reinsurer underwriting entity, Convex Re, and its subsidiaries …