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Bernews.com (Bermuda) 08/05/2020 22:06
“Government has reached an agreement with some of its union partners on a package of austerity measures aimed at greatly assisting in reducing its short-term expenditure,” the Government announced this evening. ““The deficit for 2020/21 is estimated to be in the range of $300 – $325 million and the austerity measures programme is expected to […]. ()
Bernews.com (Bermuda) 08/05/2020 07:02
The Chaîne des Rôtisseurs Bermuda Chapter recently held an event to help raise funds in support of the Restaurant Relief Fund. A spokesperson said, “On a balmy Saturday evening in July, 24 socially-distanced members of the Bermuda Chapter of the epicurean group Chaîne des Rôtisseurs met for the first time since Covid-19. The Chaîne normally meets […]. ()
Bernews.com (Bermuda) 08/05/2020 05:21
In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of July 2020, the Bank purchased for Treasury 470,000 Common Shares at an average price of $ 24.81 per share. Related Stories Butterfield Announces Registered Offering Butterfield Completes Acquisition Of GTS Butterfield Bank Advises […]. ()
Bernews.com (Bermuda) 08/05/2020 05:17
The Board of Directors of RenaissanceRe Holdings Ltd. announced a quarterly dividend of $0.35 per common share on its common shares. The dividend is payable on September 30, 2020, to shareholders of record on September 15, 2020. Related Stories RenaissanceRe Announce Management Change RenaissanceRe Increases Quarterly Dividend RenRe Receives Approvals For Acquisition RenaissanceRe Declare Quarterly Dividend Fitch Affirms RenaissanceRe’s Ratings […]. ()
Bernews.com (Bermuda) 08/04/2020 17:51
Through a collaboration with Pro-Tone Cleaning Services and Bermuda Cleaning, 12 Bermudians will have the opportunity to secure full-time employment over the next six months, the Ministry announced today. A Government spokesperson said, “The Ministry of Labour is pleased to announce that through a collaboration with Pro-Tone Cleaning Services Ltd [PT], and Bermuda Cleaning Limited […]. ()
Bernews.com (Bermuda) 08/04/2020 13:00
Artex announced that William Wood has joined the company as Director, Captive and Commercial for Artex’s Bermudian operations. A spokesperson said, “Artex is pleased to announce that William Wood has joined the company as Director, Captive and Commercial for Artex’s Bermudian operations. In this newly created role, he joins the office’s senior management team and […]. ()
Bernews.com (Bermuda) 08/04/2020 12:24
[Opinion column written by Glenn Jones] We can be proud of Bermuda when she sets trends instead of merely following them. In mid-June, the newly created Black Travel Alliance launched the Black Travel Scorecard and in a press release explained the objective of its work this way: “To evaluate destination management organisations and travel brands […]. ()
Bernews.com (Bermuda) 08/04/2020 05:21
Argo Group International Holdings announced financial results for the three and six months ended June 30, 2020. “We are pleased to report the strongest quarterly underwriting income for the U.S. in Argo’s history,” said Argo Chief Executive Officer Kevin J. Rehnberg. “This demonstrates our shift to more positive underlying performance, particularly in our core U.S. specialty […]. ()

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