Argo Closes Sale Of Lloyd’s Syndicate 1200

Argo Group International Holdings, Ltd. announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 to Westfield. A spokesperson said, “Argo Group International Holdings, Ltd. [Argo] announced the completion of its previously announced sale of Argo Underwriting Agency Limited and its Lloyd’s Syndicate 1200 to Westfield.” “We are […]
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Nippon Life Commits $1 Billion In Resolution Life

Resolution Life announced that Nippon Life Insurance Company [Nippon Life] has agreed to invest an additional commitment of $1 billion in Resolution Life — a leading global life and annuity insurance consolidation business — following the recently announced strategic partnership between Resolution Life and Blackstone. A spokesperson said, “Resolution Life announced that Nippon Life Insurance […]
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Minister Weeks extends appreciation following Belco mass outage

Following Friday’s mass power outage, the Minister of National Security, Michael Weeks said, “By now, all power has been restored to the island and Belco’s teams continue to monitor the situation. I want to take this opportunity to extend thanks to all of the Belco engineers and Belco support teams who worked tirelessly around the clock yesterday to restore power to the island following the mass outage.

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Official Govt & Legal Notices For Feb 3 2023

The official Government and Legal notices for today [Feb 3] include public notification, acting appointments, Bermudian status and permanent resident certificate. Registrar Of Companies Challenger Group Ltd Notice Type: Government Notice Notice Sub Type: Public Notification Notice ID: GN0145/2023 Public Authorities / Department: Registrar of Companies Publication date: 03 February 2023 Registrar Of Companies No. _____________ WHEREAS, […]
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Progress Update on the New Electric Public Buses

Mr. Speaker, 30 electric pink and blue public buses arrived on our shores last spring, marking an historic achievement for Bermuda in the protection of the natural resources from climate change and environmental issues. Launching the transition from fossil fueled to electric buses with the ambitious conversion of 1/3 of the public fleet of buses has propelled the Government toward the goal of operating an entire fleet of electric public buses by 2030.

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Independent Contractor Guidance 2023

Good morning, Mr. Speaker.

I am pleased to rise today to provide to the Members of this Honourable House an overview of the Independent Contractor Guidance document that has been published by the Ministry of Economy and Labour.

Mr. Speaker, the Employment Act 2000 (the “Act”) was amended in 2021 to allow the Manager of the Labour Relations Section to publish guidance on whether a working relationship more closely resembles that of an employee than that of an independent contractor.

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