Royal Gazette

Cyber-risk is no longer just a technology issue, but also a boardroom issue, reveals new research from Aon, the global professional services firm.
According to the company’s Cyber Risk Report for the …

Bermuda’s life reinsurance industry is doing more than expanding, it’s reshaping career narratives and driving economic diversification.
Once considered a niche segment in Bermuda financial services, …

Olympian Hazel Clark is “struggling” to decide her next move after departing the Bermuda Tourism Authority last December.
As the keynote speaker at the Athene Life Career Expo, Ms Clark said she was s…

The Supreme Court of Bermuda has authorised the sale of US Holdings Ltd’s key asset before formal liquidation, despite strong objections from its largest creditor.
Puisne Judge Shade Subair Williams a…

A $600 million Supreme Court of Bermuda ruling is being challenged in London over an allegation that the Bermuda court misunderstood the business arrangement between two parties.
Reuters has reported …

It will take an estimated 123 years to achieve gender equality worldwide, according to the World Economic Forum’s Global Gender Gap Report 2025 — a slight improvement from last year’s 132-year projec…

On March 31, 2023, the Bermuda Government replaced its previous tool intended to attract capital to the island, through residency incentives, with the Economic Investment Residential Certificate progr…

The directors of Hansa Investment Company and Ocean Wilsons Holdings Limited have reached preliminary agreement on the key terms of a possible all-share combination, under which Hansa would acquire th…

Mosaic Insurance has developed a pioneering climate solution to support the growing number of companies working to remediate abandoned and orphaned oil and gas wells across North America.
The company’…

When Roberta Munden and Jane Roberts opened Boho Couture, a dress shop in the heart of St George, there were many sceptics.
“We had so many people say, ‘why would you open there?’ ” Ms Munden said. “T…

The Bermuda Monetary Authority’s new policy framework allowing captive insurers to integrate recognised stablecoins into their operations is significant, the law firm Appleby says in a recently publis…

Triangle Life has begun signing agreements with international high net worth brokers across key international financial centres to take its growth to the next level.
Headquartered in Bermuda, Triangl…

The Ministry of Finance is relaunching its Trainee Management Accountant Programme this September.
The three-year rotational training initiative is designed to support recent graduates holding a bache…

The RG/BSX Index rose 3.07 points (0.11 per cent) to close at 2,832.68 after the trading of 1,100 shares of Watlington Waterworks Ltd on the Bermuda Stock Exchange. The water company’s share price ros…

Artex Risk Solutions has named Dawn Hiestand as its new chief underwriting officer and head of captives, placing her in charge of the company’s North American captive and underwriting operations, incl…

Hamilton Insurance Group has made a slate of senior executive changes, including the appointment of Adrian Daws as chief executive of Hamilton Re in Bermuda and Alex Baker as CEO of Hamilton Global Sp…

The Bermuda International Long Term Insurers and Reinsurers and the Association of British Insurers have signed a memorandum of understanding to promote co-operation and coordination of views.
The org…

The unemployment rate in Bermuda has dropped to only 1.6 per cent, with youth unemployment falling even farther to 2.4 per cent, according to the latest labour force survey released by the Ministry of…

Craig Swan, the chief executive of the Bermuda Monetary Authority, is sending a clear message: board accountability is no longer optional.
Using the collapse of Halifax Bank of Scotland in 2008 as a …

The captive insurance sector in Bermuda could be poised to benefit from a wave of innovation and shifting global risk priorities, according to a new report from Artex.

The Alternative View for spr…

Reinsurers and insurers may soon get a sharper view of Atlantic hurricane risks after Florida regulators approved version 25 of Moody’s RMS North Atlantic Hurricane Models for use in residential rate …

The international division of the Everest Group has established a unified specialties business, bringing deep expertise and offerings across marine, aviation, energy and construction, cyber, and indus…

Bermuda remains the dominant leader in Insurance Linked Securities structures, the House of Assembly was told on Friday, in response to parliamentary questions from Douglas De Couto, the Shadow Minist…

Although I understand this article may strike a nerve with some, this article highlights an ever-growing problem, and what used to be an issue only occasionally, is now becoming a widespread problem n…

No shares traded on the RG/BSX Index on Friday, leaving the index unchanged at 2,829.61 for the day.
The index was 51.22 points (1.81 per cent) higher for the week with total turnover of $252,948.00 a…

Cox Hallett Wilkinson Ltd has expanded its team with the appointment of two senior attorneys, strengthening the law firm’s capabilities in private client services and litigation.
Nathan Samuels joins …

A major security company is able to work with the American cannabis industry, thanks to Bermuda Monetary Authority innovation.
“Cannabis retailing is a cash-intensive industry,” Santiago Garcia, Brink…

As cyberthreats grow more sophisticated, captive insurance programmes are stepping up to fill a widening protection gap. Experts say the market for cyber-coverage remains limited and expensive, but ca…

Compre, the Bermuda-domiciled international specialty reinsurance group, has appointed Rachel Bardon to the newly-created role of chief underwriting officer.
Ms Bardon, who will also join Compre’s ex…

Three international firms with Bermuda-relevant business solutions, are being mentored by the Bermuda Monetary Authority, as part of a joint project with insurance and reinsurance marketplace, Lloyd’s…

Bermudian students will benefit from almost 100 paid internships provided by member companies of the Association of Bermuda Insurers and Reinsurers this summer.
The association’s 2025 summer internshi…

Karen Clark & Company’s US Hurricane Reference Model Version 5.0 has made KCC the first model vendor to be certified by the Florida Commission on Hurricane Loss Projection Methodology, under the l…

The Bermuda reinsurance market is experiencing massive growth, with more than $50 million in new capital flowing into the life insurance sector since 2016, industry leaders said at the Bermuda Captive…

Captives are flush with money, an industry veteran told the Bermuda Captive Conference.
Kevin Yousif, president of Yousif Capital Management, said his sector of insurance was going through a golden ti…

Global Atlantic, a provider of retirement security and investment solutions, and a wholly-owned subsidiary of KKR, has launched its new brand identity and logo.
Global Atlantic’s new brand, the compa…

Bermuda’s insurance sector is expanding its reach beyond large corporations with new products aimed at mid-market companies, the Bermuda Captive Conference has heard.
Re-Paid, the subsidiary of Bermud…

Cuba 1 Bermuda 2

Bermuda coach Michael Findlay has applauded his squad after Djair Parfitt and substitute Reggie Lambe sent the team into the third round of the 2026 Fifa World Cup qualifiers wit…

The head of Bermuda’s Corporate Income Tax Agency, has downplayed fears that new American legislation could threaten much of the anticipated corporate income tax revenue.
Mervyn Skeet, chief executive…

The Restructuring and Insolvency Specialists Association of Bermuda, together with South Square, a leading set of commercial barristers’ chambers in London, hosted their inaugural joint conference at …

Captive industry trailblazer, Leslie Robinson, was posthumously awarded the highest accolade in the Bermuda captive industry.
The Bermuda Captive Network awarded Ms Robinson, the Fred Reiss Lifetime A…

Bermuda’s architects have called for long-overdue legislation to replace outdated 56-year old laws to bring fairness, clarity, and modern regulation to Bermuda.
The Institute of Bermuda Architects and…

Vantage Group Holdings Ltd has appointed Jim Gunson as chief claims officer for the group’s insurance operations.
He will report to Alex Blanco, CEO of insurance, leading Vantage’s claims organisation…

Mereo Advisors Group, the Bermudian-based insurance, reinsurance and asset management group, will rebrand as Cedar Trace.
Cedar Trace is closely aligned with Mereo Insurance Ltd, the reinsurance compa…

The tourism season in the East End is heating up quickly, with an improved ferry schedule driving up tourism numbers, according to business owners and operators.
“Before last year, the ferry schedule…

The rising tide of need in Bermuda has been swamping charities involved in community outreach.
One of the broadest charitable organisations is The Salvation Army, the movement whose volunteers agree t…

If Section 899 of the One Big Beautiful Bill survives the US Senate intact, the American threat to the tax sovereignty of other countries would be explicit and concrete.
That is the view of Alex Cobha…

Bermudian-based shipping firm, Teekay Group, is renewing its fleet with newer and more efficient vessels to meet its environmental goals, according to the company’s newly released Sustainability Repor…

The US property and casualty insurance industry posted a $1.1 billion net underwriting loss in the first quarter of 2025, a sharp reversal from a $9.4 billion gain during the same period last year, ac…

Bermuda’s captive insurance industry is confronting a complex new tax landscape, with the introduction of corporate income tax and ongoing global trade uncertainties, including tariffs. But panellists…

The government today reported on the Financial Policy Council’s 28th meeting of April 11, hosted at the Bermuda Monetary Authority.
The FPC is an advisory body supported by the BMA and the Ministry of…