Moody’s Upgrades ASR’s Rating To A3

Africa Specialty Risks [ASR], the developing markets-focused [re]insurance group, announced that Moody’s Ratings has upgraded ASR Re Limited’s Insurance Financial Strength Rating to ‘A3’ from ‘Baa1’. The outlook for this rating is Stable. Mikir Shah, Chief Executive Officer, commented: “We are delighted that Moody’s has upgraded ASR Re to an A3 rating. This upgrade recognises …
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Channel House To Become 60-Bed Care Facility

Channel House will be converted into a “Government-operated care facility with dedicated space for medically fit-for-discharge patients,” the government announced today, adding that it “will add approximately 60 beds” which is a “meaningful increase in community capacity that will relieve pressure on the emergency department, improve patient flow, and support families.” Speaking at a press …
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New Partnership For Sandcastle Competition

BUEI has announced a new partnership with Hannah Emmerson to host the Bermuda Sandcastle Competition in 2027, with BUEI saying they are “excited to partner with Hannah to bring this much-loved Bermuda tradition back in 2027.” A spokesperson said, “The Bermuda Underwater Exploration Institute [BUEI] is pleased to announce a new partnership with Hannah Emmerson, longtime …
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BermudAir Celebrates Third Anniversary

BermudAir is marking its third anniversary, with the airline noting they have ”grown from an ambitious Bermuda start-up into an increasingly diversified aviation business, connecting Bermuda with key destinations across North America and the Caribbean.” A spokesperson said, “BermudAir is celebrating its third anniversary with a series of significant milestones that underline the airline’s continued growth …
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