Bernews / Business

BSX Bell-Ringing Ceremony For Buttonwood Re

Mangrove Property Insurance Company marked the launch of its inaugural catastrophe bond, Buttonwood Re Ltd., with a bell-ringing ceremony at the Bermuda Stock Exchange. A spokesperson said, “Mangrove Property Insurance Company’s celebrated the launch of Buttonwood Re Ltd., Mangrove’s inaugural catastrophe [cat] bond, with a bell ringing ceremony at The Bermuda Stock Exchange [BSX] on …
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Bernews / Business

Conduit Re Appoints Anthony Mongiello

Conduit Holdings has appointed Anthony Mongiello as Chief Operating Officer of Bermuda-based reinsurance business Conduit Re, succeeding Stuart Quinlan following his retirement earlier this year. A spokesperson said, “Conduit Holdings, the ultimate parent company of Conduit Re, a Bermuda-based multi-line reinsurance business, is pleased to announce the appointment of Anthony Mongiello as Chief Operating Officer …
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Bernews / Business

Banyan Risk Launches Marine Insurance Product

Banyan Risk Ltd. has launched a new US Inland Marine & Marine Property product with capacity provided by program partner Accredited Insurance Limited. A spokesperson said, “Banyan Risk Ltd, the specialty Managing General Agent [MGA], has launched a new US Inland Marine & Marine Property product, with capacity provided by program partner Accredited Insurance Limited. …
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News / TNN

We have consistently introduced anti-monopoly

We have consistently introduced anti-monopoly and competition laws into the cost-of-living conversation, and we look forward to the final draft of the legislation for scrutiny. Lowering prices is important but protecting Bermudians purchasing power and having options for where we spend our money is crucial. The less competition in the market means only a few players set the prices, and the consumer is forced to accept those prices.
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Bernews / News

Fishing Prohibited In Grouper Boxes

The Ministry of Public Works and Environment is reminding “commercial and recreational fishers that the ‘Grouper Boxes’, which contain important Black Grouper aggregations, remain closed to fishing until 1 December 2026. ” A Government spokesperson said, “These areas are indicated on the maps as ‘Extended Closure Areas’. “While the areas around the Red Hind aggregations …
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Bernews / Sport

Bermuda Junior Golf Team Named

The Bermuda Golf Association announced the junior team that will represent Bermuda at the North America Cup in Puerto Vallarta, Mexico, competing against junior teams from Mexico, Canada and Guatemala. Sa-Qui Robinson will captain the Bermuda team, which includes: Junior Boys Sa-Qui Robinson, Captain Arman Newton Will Weston Grayson Tavares Ramsey Soutter Lachlan Soutter Bantam …
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Bernews / News

Planning Dept Promotes Grow Local Initiative

The Department of Planning is “reminding landowners and aspiring farmers to register their interest in the Grow Local initiative, an innovative programme designed to connect available land with people looking to grow food and strengthen Bermuda’s agricultural sector.” The spokesperson said, “Developed in partnership with the Department of Environment and Natural Resources, Grow Local supports …
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Bernews / News

Column: Robinson On Competition Laws & More

[Opinion column written by MP Dwayne Robinson] The One Bermuda Alliance welcomes the Minister of Home Affairs bringing forward competition laws for consultation, as it is something that our party has long campaigned for. We have consistently introduced anti-monopoly and competition laws into the cost-of-living conversation, and we look forward to the final draft of …
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