Business

Clarien Bank has announced the promotion of Melissa Buckley Pridham to SVP, Head of Personal and Private Banking, effective 1 July 2026. A spokesperson said, “In her new role, Melissa will lead Clarien’s Banking division, with responsibility for Personal Banking, Lending and Private Banking. She will report to Simon Van de Weg, Executive Vice President …

Mosaic Insurance has launched an innovative program connecting senior political risk leaders with a pipeline of emerging talent to strengthen the fast-growing market. A spokesperson said, “The initiative kicked off with a recent day-long forum sponsored by Mosaic at Lloyd’s, where political risk executives from both the broking and underwriting sectors met top-achieving geopolitical students …

June 30 saw 1,708 shares trade on the Bermuda Stock Exchange, valued at $51,014.00 BD. 208 shares were traded by Bank of N.T. Butterfield Ltd, closing down 1.6% at $58.05 per share, while another 1,500 shares were traded by Allshores Limited, closing even at $26.00 per share. The BSX finished at 3,741.86, down 1.44% on …

PwC’s 2026 AI Jobs Barometer found that artificial intelligence is reshaping hiring, increasing demand for human skills and driving productivity growth. A spokesperson said, “According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership …

Gates Industrial Corporation announced that shareholders overwhelmingly approved proposals to redomicile the company’s parent from England and Wales to Bermuda. A spokesperson said, “Gates Industrial Corporation plc today announced that its shareholders have overwhelmingly voted in favor of the Company’s proposals in connection with the Company’s intention to change its place of incorporation from England …

Sixth Street announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire a majority stake in Monument Re. A spokesperson said, “Sixth Street, a leading global investment firm, today announced that investment vehicles managed or advised by Sixth Street have entered into a definitive agreement to acquire …

June 29 saw 1,500 shares trade on the Bermuda Stock Exchange, valued at $88,500.00 BD. 1,500 shares were traded by Bank of N.T. Butterfield Ltd, closing up 3.5% at $59.00 per share. The BSX finished at 3,796.55, up 3.13% on the day. There was 1 advance, 0 declines, and 46 remained unchanged. The full report …

Premier and Minister of Finance David Burt tabled the 2025 Annual Report of the Bermuda Monetary Authority in the House of Assembly on Friday [June 26]. The Premier’s full statement follows below: Mr Speaker, in accordance with section 28 of the Bermuda Monetary Authority Act 1969, earlier today in this Honourable House I tabled the …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, June 27th. On Saturday the Norwegian Jewel and the Vision 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 …

June 26 saw 5,064 shares trade on the Bermuda Stock Exchange, valued at $133,648.00 BD. 64 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $57.00 per share, while the other 5,000 shares were traded by Allshores Limited, closing down 7.1% at $26.00 per share. The BSX finished at 3,681.41, down 0.53% …

Carnival Corporation –  which recently completed the unification of the company’s dual-listed structure under a single corporate entity and shifted its legal incorporation to Bermuda –  announced financial results for the second quarter 2026 and provided an updated outlook. The company said they recorded net income of $537 million with record adjusted net income of …

June 25 saw 400 shares trade on the Bermuda Stock Exchange, valued at $17,000.00 BD. 200 shares were traded by Bank of N.T. Butterfield Ltd, closing down 0.9% at $57.00 per share, while another 200 shares were traded by Allshores Limited, closing up 9.8% at $28.00 per share. The BSX finished at 3,701.01, down 0.12% …

Aon has donated $8,000 to SkillCraft Bermuda to support its programme helping teenagers develop workplace and educational skills. A spokesperson said, “Aon has proudly partnered with SkillCraft Bermuda, contributing $8,000 to support its mission of helping teens ages 16–18 develop the skills and confidence they need to succeed in work and further education. SkillCraft Bermuda …

PwC Bermuda will host its HeadStart networking event on July 15 from 5-7pm for students and graduates exploring careers in professional services. A spokesperson said, “PwC Bermuda will host its annual HeadStart summer networking event on 15 July from 5-7pm, bringing together students and recent graduates for an evening of career insights, professional connections, and …

Vantara Relocation has launched in Bermuda, offering fixed-price relocation services and seven-day support for executives, professionals and international families moving to the island. A spokesperson said, “Vantara Relocation today announced its official debut as a bespoke relocation consultancy serving executives, professionals and international families moving to Bermuda. The firm will offer a fixed-price corporate model, which …

AM Best has assigned a Preliminary Credit Assessment [PCA] to Fortium Insurance Company Ltd. [Fortium] [Bermuda] with a Financial Strength Assessment of A- pca [Excellent] and a Long-Term Issuer Credit Assessment of “a-” pca [Excellent]. The outlook assigned to the PCA is stable. The ratings agency said, “The PCA reflects Fortium’s balance sheet strength, which …