Royal Gazette

Solstice, the wellness clinic based in Hamilton, has announced the addition to its team of Dale Thomas, a British and Bermudian-registered clinical and performance psychologist — just in time for Cup …

Bermudian-based Cavello Bay Reinsurance Ltd has once again secured an “A” (Excellent) financial strength rating from AM Best, along with an “a+” (Excellent) long-term issuer credit rating. The outloo…

Marley Fragrance has arrived in Bermuda for its debut outside North America. Creators said it goes beyond the typical perception of the legendary reggae musician with a sophisticated, luxury scent co…

Carey Olsen’s trusts and private wealth practice has maintained its leading position among offshore law firms in the Chambers High Net Worth 2025 guide, having achieved nine band one rankings includin…

Fidelis, the global speciality insurer, has made Anneeka Patel its new chief human resources officer.
Joining the executive management team, Ms Patel will oversee HR for the company across its Bermuda…

Mosaic Insurance has entered the digital asset market, launching a combined cyber and financial institutions crime product.
The firm aims to provide robust protection to the rapidly growing, yet histo…

Dawn Yaxley calls her collection of tropical plants the “travelling trees”.
In the summer, her ficus, strelitzia, manila palms and succulents spend more time on the road than some taxi drivers.
Ms Yax…

Digicel has announced a major financial restructuring initiative, launching more than $2 billion in new bond offerings and seeking to refinance existing debt through new credit facilities.
The telecom…

In part one of this two-part series about artificial intelligence contracts, I discussed the ways that contracts can mitigate, if not avoid, many of the risks associated with the development and use o…

Conyers’ private client and trust teams have been recognised once again in the Chambers High Net Worth Guide 2025.
The firm earned band one ranking in both Bermuda and the British Virgin Islands, and …

Mobile network operator Paradise Mobile, has deployed agentic artificial intelligence across key operational domains.
The firm said this made it one of the first telecommunication companies globally t…

Fleming Insurance Holdings has unveiled a new platform, Revolve, aimed at reshaping how retrospective reinsurance is approached in the global property and casualty market.
Headquartered in Bermuda, Fl…

Deidre Smith has won the KPMG Scholarship, valued at $30,000 per annum.
She was grateful and honoured.
“The opportunity for mentorship and summer internships will provide invaluable guidance as I exp…

After more than half a century serving the island, The Stationery Store has announced it will close its doors for good in September.
The store, a longtime fixture for school supplies, crafts and educa…

Four American cruise visitors were arrested after they were found in possession of “a significant amount of drugs” and drug paraphernalia believed to be destined for the island, police announced yeste…

The Bermuda Monetary Authority has released a second consultation paper outlining its proposed framework for regulating digital identity service providers, part of an ongoing push to modernise how res…

If you’re feeling tired, hung over or unwell, Jennifer Burland Adams and Claire McDevitt have a solution: a shot of wellness sent straight into your arm.
In November the pair opened The Dripbar on 12…

Bermuda will host its first financial literacy summit in September as part of an initiative to tackle wealth inequality and empower the island’s next generation of investors, entrepreneurs and profess…

A high-stakes legal dispute involving Jardine Strategic Ltd and dozens of former shareholders is now before the UK Privy Council, as a major Bermuda corporate case heads for a final ruling.
At the hea…

Budding young entrepreneurs will take centre stage on Friday as the Bermuda Economic Development Corporation hosts a public meet-and-greet for the eighth annual cohort of its Summer Student Entreprene…

Chubb Ltd has reported second quarter per share net income of $7.35 million, up 34.6 per cent.
Their latest financial reports also reveal record per share core operating income of $6.14, up 14.1 per c…

Aspida Life Re, a Bermudian-based life and annuity reinsurance company, has executed its second reinsurance transaction in Japan.
The reinsurer said this milestone marked a significant step in its ong…

An official Cup Match company has still not been established, said the president of Somerset Cricket Club.
A year ago, Richard Scott told The Royal Gazette a company could be up and running by this ye…

Guests invited inside Bacardi’s iconic Pitts Bay Road headquarters can glimpse the company’s greener side and celebrate 60 years on the island through sustainability initiatives that blend innovation,…

A winding-up process for FICL Ltd is set to be completed after the company’s liquidator confirmed no remaining funds. Kenneth Joaquin, the official receiver and provisional liquidator, has informed th…

A New York federal judge has dismissed Fleming Intermediate Holdings’ lawsuit claiming that James River misrepresented terms in its $300 million sale of JRG Re, its reinsurance subsidiary, Reuters rep…

Brava took centre stage at Canto 2025 last week in The Bahamas, hosting a high-profile breakfast meeting with digital ministers and policymakers from the Caribbean and Central America, among them, Dia…

The life and annuity insurance segment’s bond portfolio yield hit its highest level in the past decade in 2024, increasing 22 basis points to 4.79 per cent, a new AM Best report reveals.
At the same t…

Alcor Group, the property insurance underwriter, has opened an Atlanta office to broaden its American operations.
Spearheading the new office is Sophie DeCouto, chief executive officer of Alcor USA….

Lord’s, St Davids’s (Flatts Victoria won toss): Bailey’s Bay beat Flatts Victoria by ten runs

Derrick Brangman produced his second heroic performance in a week to ensure Bailey’s Bay retained the…

A leading catastrophe modelling expert is sounding the alarm that wildfires are not just a costlier problem — they could rival hurricanes for economic damage.
“A couple of years ago, when KCC release…

At the Old Pink Elephant on Burnaby Street, a sleek space has been transformed into something more than a pop-up shop, offering easy, elegant clothing in sage and coral tones.
The soundtrack is a care…

The Cayman Islands insurance sector is booming, with 16 new international licences issued in the second quarter alone, on pace to surpass last year’s ten-year record of 42 licences, according to the C…

AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a+” for several key subsidiaries of QBE Insurance Group Ltd, including its Bermudian-based e…

Fontana Holdings LP has received a credit rating of “bbb+” (Good) from AM Best, with a stable outlook. At the same time, AM Best affirmed an “A” (Excellent) financial strength rating for the Bermudian…

AM Best has downgraded the credit ratings of Berking Re Ltd, the Bermudian-based reinsurer, citing concerns about its financial strength and future performance.
The company’s financial strength rating…

Mosaic Insurance has bolstered its advisory board with three new high-profile appointments: Peter Breitstone, George Hanna and Tom Kim. They will join Joe Boren, the existing chairman, to steer the fi…

Hamilton Insurance Group has appointed Raymond Karrenbauer as group chief information officer, effective September 15. Karrenbauer will join the company’s executive management team and report to Craig…

Conduit Holdings Ltd, the parent company of Conduit Re, will release its interim results for the six months ending June 30 on Wednesday, July 30, at 7am British time.
Management will host a webcast an…

The new Hamilton restaurant Two Fish In A Barrel is a family affair.
Rachel Wilks runs it. Her husband, Alex Wilks, provides the fresh fish, and their son, Hunter, 4, helped make some of the art on t…

Aspen Insurance has appointed John Welch as group chief underwriting officer.
He has more than 30 years of experience in executive roles across global players including at Axa XL and XL Catlin, joinin…

Five Appleby partners have made the Citywealth Leaders List 2025, including Bermudian-based Nicola Bruce and Vanessa Schrum.
The list recognises the most respected professionals in the wealth manageme…

Digicel has received two certifications for information security and data privacy, showing they meet requirements set by the International Standards Organisation.
The firm said this demonstrated their…

A sales representative at Bermuda Motors, Joy (Cansu) Burgess, had a record-breaking performance in BMW and Mini sales during the first half of 2025.
Ms Burgess, who joined the Bermuda Motors sales te…

Luxury resort Rosewood Bermuda, has made Patrick Graham the new managing director.
In his new role, Mr Graham will oversee all facets of the hotel’s operations.
A spokesman for the hotel said his lead…

Butterfield has introduced a new fast-track security lane at LF Wade International Airport, giving its premium credit cardholders a more seamless travel experience during Bermuda’s busy summer season….

The Fidelis Partnership and Fidelis Insurance Group are celebrating the tenth anniversary of Fidelis, the Bermudian-based speciality insurance business.
Founded in 2015 by Richard Brindle, an underwr…

The Association of Bermuda International Companies awarded a record $800,000 in scholarships this year, recognising 28 students at its annual mentors’ reception held July 10 at Chubb.
Now in its 48th…

Insured losses from US hurricanes could rise by nearly 50 per cent under a 2C global-warming scenario, according to new research from reinsurer MS Amlin.
The peer-reviewed study published in the Jour…