Business

Aflac Re Bermuda Ltd. has reached an agreement with Japan Post Insurance Co., Ltd. to reinsure a block of whole life annuities through coinsurance, A spokesperson said, “Aflac Incorporated [NYSE: AFL], the leading life and health insurer through its subsidiaries in Japan and the U.S., today announced that Aflac Re Bermuda Ltd. [Aflac Re] has …

Appleby Bermuda has announced the promotion of Cathryn Minors to Partner, Katie Blundy, Arielle DeSilva and Hailee Forde to Counsel, and Larissa Dziubenko and Ryan Taylor to Senior Associate, recognising their contributions and professional growth within the firm. A spokesperson said, “Appleby is delighted to announce the promotion of six lawyers, recognising progression across Partner, …

The Bermuda Taxi Owners & Operators Association [BTOA] has announced the rollout and launch timeline for Journi, a new platform aimed at improving Bermuda’s transportation sector. A spokesperson said, “The Bermuda Taxi Owners & Operators Association [BTOA] today announced the operational rollout and official launch timeline for Journi, a locally owned and governed managed mobility …

April 2 saw 9,535 shares trade on the Bermuda Stock Exchange, valued at $296,757.00 BD. 2,635 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.9% at $53.00 per share, while another 6,900 shares were traded by Allshores Limited, closing up 4.3% at $24.00 per share. The BSX finished at 3,422.09, up 3.65% …

One Communications is inviting the public to explore the island, support local businesses, and win prizes through its month-long ‘Find the ONE’ scavenger hunt throughout April. A spokesperson said, “OneComm is inviting Bermuda residents to explore the island, support local businesses, and win exciting prizes with the launch of ‘Find the ONE,’ a month-long island-wide …

Ignite Bermuda is accepting applications for its 11th Entrepreneurial Accelerator, offering the Core Programme and Fuel Your Ambition Series for Bermudian innovators to develop and scale impactful start-ups from April 6 to April 24. A spokesperson said, “Ignite Bermuda welcomes applications for its 11th Entrepreneurial Accelerator, featuring two tracks – the Core Programme and Fuel …

The Bank of Butterfield repurchased for cancellation 298,847 common shares in March 2026. The filing with the BSX stated, “The Bank of N.T. Butterfield & Son Limited informs the Bermuda Stock Exchange that pursuant to Regulation 6.44 of the Bermuda Stock Exchange Listing Regulations, the company repurchased for cancellation 298,847 common shares at an average …

April 1 saw 2,042 shares trade on the Bermuda Stock Exchange, valued at $106,128.00 BD. 2,042 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.0% at $52.00 per share. The BSX finished at 3,364.52, up 1.74% on the day. There was 1 advance, 0 decline, and 46 remained unchanged. The full report …

“The Bermuda Business Development Agency [BDA] today announced that Bermuda’s Economic Investment Residential Certificate [EIRC] programme has “surpassed $600 million in associated investments since its launch in 2021, marking five years of activity across key sectors of the Bermuda economy.” A spokesperson said, “Since launch, the programme has attracted nearly 100 international investors and their …

The Bermuda Principles 30th Anniversary Conference held in February 2026 at the Hamilton Princess has been hailed as a resounding success, reinforcing Bermuda’s role in global genomics collaboration. A spokesperson said, “The Bermuda Principles 30th Anniversary Conference, held from 25–28 February 2026 at the Hamilton Princess, has been hailed as a resounding success, bringing together …

Industry, regulatory, and government luminaries take the spotlight among numerous high-profile speakers at next week’s inaugural ABIR Risk Forum at the Hamilton Princess. A spokesperson said, “The full-day event April 8 features Chair of the European Insurance and Occupational Pensions Authority [EIOPA], President of the US National Association of Insurance Commissioners [NAIC], and Chair of …

Walkers’ Bermuda team has advised Verdant Rock Limited on its successful application to the Bermuda Monetary Authority [BMA] for approval in principle to register as a Class 3B insurer. A spokesperson said, “Walkers’ Bermuda team is delighted to have advised Verdant Rock Limited on its successful application to the Bermuda Monetary Authority [BMA] for approval …

March 31 saw 500 shares trade on the Bermuda Stock Exchange, valued at $12,000.00 BD. 500 shares were traded by Allshores Limited, closing up 4.3% at $24.00 per share. The BSX finished at 3,306.95, up 0.30% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report for the day …

BELCO has announced that the Fuel Adjustment Rate [FAR] will decrease effective tomorrow [April 1]. A spokesperson said, “Bermuda Electric Light Company Limited [BELCO] today advised that following approval by the Regulatory Authority of Bermuda, the Fuel Adjustment Rate will decrease effective April 1, 2026. “As of April 1, the FAR will decrease from 13.799 …

A Bermuda-style house built in 2025 was listed for $79.5 million in Florida, offering a newly constructed oceanfront estate with luxury amenities and expansive living space. The Christian Angle Real Estate said, “Spectacular New Oceanfront Estate on Billionaires Row – Introducing a newly constructed oceanfront compound on prestigious Billionaires Row, offering panoramic views of the …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, March 28th. On Saturday the Allura cruise ship is expected, on Sunday the Azamara Quest and the SS Grandeur cruise ships will arrive, and on Monday the Oleander container ship is scheduled to arrive. On Wednesday …

Conduit Holdings Limited has announced the appointment of Richard Lightowler, Peter Mullen, and Penny Shaw as Non-Executive Directors with effect from 26 March 2026. A spokesperson said, “Conduit Holdings, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, today announces the appointments of Richard Lightowler, Peter Mullen and Penny Shaw as Non-Executive …