Bermuda News Updates

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

May 21 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,540.87, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day is available here [PDF], and the full report for the week is available here [PDF]. Related Stories Bermuda Stock …

BermudAir is flying high after achieving a world-class Net Promoter Score [NPS] of 70, placing the island’s flag carrier among the top airlines globally for customer satisfaction. A spokesperson said, “As Bermuda Day approaches, BermudAir, Bermuda’s flag carrier, is proud to share that the airline has achieved an extraordinary Net Promoter Score [NPS] of 70, …

Walkers published a fintech white paper during the Consensus conference, featuring insights from Rachel Nightingale on how Bermuda is navigating the evolving digital asset landscape. A spokesperson said, “Walkers, the international legal and professional services firm, has published a fintech white paper in parallel with industry discussions at Consensus, exploring the evolving role of leading …