Minister Weeks Urges Residents to Gear Up for Atlantic Hurricane Season, Which Begins on 1 June

“We must prepare for this hurricane season, and ensure our collective safety and resilience,” said Minister of National Security Michael Weeks ahead of the official start of the Atlantic hurricane season on Thursday, 1 June.

 The Atlantic hurricane season begins on 1 June and ends on 30 November. This year, the U.S. National Oceanic and Atmospheric Administration (NOAA) has predicted a 40 percent chance of a near-normal season and a 30 percent chance of a below-normal season.

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BEDC To Hold Empowerment Zone Seminar

The Bermuda Economic Development Corporation [BEDC] is getting set to host a seminar to explore the future of the Northeast Hamilton Economic Empowerment Zone on June 13. A spokesperson said, “The Bermuda Economic Development Corporation is pleased to announce the upcoming seminar that explores the promising opportunities ahead for the Northeast Hamilton Economic Empowerment Zone. […]
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PrivCom: Privacy & Cybersecurity Certification

The Office of the Privacy Commissioner [PrivCom] is partnering with the IASME Consortium to bring privacy and cybersecurity certification to Bermuda. A spokesperson said, “The Office of the Privacy Commissioner [PrivCom] is pleased to announce an exciting partnership with the IASME Consortium to support small and large organisations as they prepare for compliance with privacy […]
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Legal & General Appoints Caroline Foulger

Legal & General today announces the appointment of Caroline Foulger as an Independent Board and Committee Member for Legal & General’s Bermuda based companies, global reinsurance providers for pension risk transfer businesses. A spokesperson said, “Caroline is a non-executive director with extensive experience in the financial services industry. She is a former partner of PwC […]
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Marsh McLennan Staff Give Back To Community

Marsh McLennan celebrated its Global Volunteer Month in May, with staff volunteering with two local organizations. A spokesperson said, “On May 12, 60 colleagues collected 2,700 pounds of trash during a cleanup in partnership with Keep Bermuda Beautiful. Additionally, every Wednesday in May, colleagues prepared and served over 1200 meals for the unsheltered at the […]
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AM Best Assigns Credit Ratings To Somerset Re

AM Best has assigned a Financial Strength Rating [FSR] of A- [Excellent] and a Long-Term Issuer Credit Rating [Long-Term ICR] of “a-” [Excellent] to Somerset Reinsurance Company [SRC] [Orlando, FL]. The outlook assigned to these Credit Ratings [ratings] is stable. A statement from the ratings agency said, “The ratings reflect SRC’s balance sheet strength, which […]
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UN Declares International Week Of Solidarity

The United Nations has designated May 25 to 31 as the “International Week of Solidarity with the Peoples of Non-Self-Governing Territories.” The United Nations maintains a list of what they deem to be “Non-Self-Governing Territories”, and Bermuda is included, having been listed since 1946; with all the other British Overseas Territories are listed as well. […]
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