AM Best Revises Canopius Outlooks To Negative

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- [Excellent] and the Long-Term Issuer Credit Ratings of “a-” [Excellent] of Canopius US Insurance, Inc. [Canopius US] [Wilmington, DE] and Canopius Reinsurance Limited [Canopius Re] [Bermuda]. Both entities are wholly owned subsidiaries of Canopius Group Limited [Canopius] […]
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Convex Promotes Brian Bissett To Group CFO

Convex Group Limited announced the promotion of Brian Bissett to group chief finance officer [CFO] with immediate effect. A spokesperson said, “Convex Group Limited [Convex], the international specialty insurer and reinsurer, announces the promotion of Brian Bissett to group chief finance officer [CFO] with immediate effect. Based in London, Bissett will report to Paul Brand, […]
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Sompo Announces New Leadership Appointments

Sompo International announced two new leadership appointments today for Sompo International’s multinational crop insurance platform, AgriSompo. A spokesperson said, “Brad Leighton has been named President of AgriSompo North America and Marji Guyler-Alaniz has been named Chief Operating Officer [COO] of AgriSompo North America and President of AgriSompo International. “Robert [Bob] Haney will continue his role […]
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Official Govt & Legal Notices For Jan 13 2023

The official Government and Legal notices for today [Jan 13] include PATI contracts, public notification, notification of planning applications registered, appointment of marriage officer and notice of intended marriage. PATI Department Of Energy Notice Type: Government Notice Notice Sub Type: PATI Contracts valued $50,000 or more Notice ID: GN0056/2023 Public Authorities / Department: Energy Publication date: 13 January 2023 […]
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Minister Hayward On Business Barometer Report

“The Ministry of Economy and Labour will continue working to implement effective policy solutions that address the challenges raised in this report,” Minister of Labour and Economy Jason Hayward said in regards to the recent Bermuda Chamber of Commerce Business Barometer Report. Minister Hayward explained, “Reading the report, I was encouraged that 64 per cent of businesses […]
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The Government Encourages the FAB to Participate in the Ongoing Consultation

The Ministry of Home Affairs is heartened to hear that the Fishermen’s Association of Bermuda (FAB) supports managing and enforcing Bermuda’s marine resources. The purpose of BOPP is to develop a sustainable management system that recognises the current issues and future challenges that our marine environment must face and includes all Bermudians, now and in the future. 

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Pre-Budget Report submissions deadline is January 17, 2023

The Government recently released its 2023 – 2024 Pre-Budget Report. The Pre-Budget Report is a policy statement issued by the Government prior to the release of its budget.

It defines the priorities for the next budget in a medium-term framework covering external developments and internal strategies. It is intended to clearly state the Government’s economic and fiscal policy challenges and its objectives and intentions in the medium term.

The Report includes:

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DPT Notice: Detours due to Bermuda Triangle Challenge

The Department of Public Transportation (DPT) advises that there will be detours for Route 3,10 and 11  buses due to road closures associated with the Bermuda Triangle Challenge. The detours will be in effect on Saturday, January 14th and Sunday January 15th. Journey times on these routes will be impacted by the detours.

Saturday January 14th  8:00 am to approximately 11:30 am

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Live Video: Minister Furbert Press Conference

Minister of Social Development and Seniors Tinee Furbert is holding a press conference this afternoon [Jan 13] on the Gender Affairs Council for Bermuda. We will have additional coverage later on and in the meantime the live video is below. Related Stories Video: Minister Roban Press Conference Video: Parks Skills Development Programme Video: European Magazine […]
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