Royal Gazette

More than 300 people attended Gosling’s Uncorked, the wine and spirits showcase that featured representatives of more than 20 wine and spirits merchants and distributors from around the world.
Held on…

The Bermuda Monetary Authority has issued a public warning in relation to Blockchain Deposit Insurance Corporation.
The island’s financial services regulator said it “is aware of a number of articles …

Bermudian-based Mt Logan Capital Management Ltd, the third-party capital management platform of Everest Group Ltd, has appointed Sun Siang Liew as chief analytics officer.
Mt Logan said Mr Liew will l…

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Fidelis Insurance Bermuda Ltd, Fidelis Underwriting Ltd of Britain and…

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Bermudian-based Vantage Risk Ltd and its affiliates, Vantage Risk Sp…

Former dancer Ivan Outerbridge believes local event promoters could double or even triple their social-media reach by using Bermuda’s Very Own, an app he developed more than a decade ago.
Mr Outerbri…

Bermudian educator and skincare specialist Sasha Benson will be teaching at the prestigious International Aesthetics, Cosmetics & Spa Conference in New York this month.
“This marks an historic mom…

Aspen Insurance Holdings Ltd has reported net income available to ordinary shareholders of $431 million and operating income of $433 million for the 2024 fiscal year.
In the fourth quarter of the year…

SiriusPoint Ltd, the Bermudian-headquartered global specialty insurer and reinsurer, has announced the closing of its previously announced transaction to repurchase all SiriusPoint common shares and w…

BermudAir has partnered with Paradise Mobile to revolutionise the way its operations stay connected.
Leveraging Paradise Mobile’s 5G network, BermudAir said it has streamlined communication between fl…

Bermudian-based Everen Group has appointed James Peniston as chief investment officer, effective on April 1.
The company said the appointment follows the retirement of Ricky Lines and is part of a lon…

Athene Holding Ltd, the US-based retirement services company with operations in Bermuda, has appointed Louis-Jacques Tanguy as executive vice-president and chief financial officer, effective March 1.
…

Bermudian-based Assured Guaranty Ltd has reported net income of $376 million in the 2024 fiscal year.
Gross written premiums were $440 million and the present value of new business production was $402…

The RG/BSX Index closed today unchanged at 2,703.71 after no trading on the Bermuda Stock Exchange.
For the week, the Index was down 4.76 points (0.17 per cent) on domestic-board share volume of 55,36…

A record 57 entrepreneurs are due to participate in the third annual Bacardi Black-Owned Vendor Market this evening at the company’s global headquarters on Pitts Bay Road in Pembroke.
That is nearly d…

In a report released yesterday, Fitch Ratings said that North American life insurance regulatory reforms to bolster supervision and transparency are supportive of credit.
This came amid growing comple…

The Bermuda Monetary Authority, which well understands the operational risks associated with financial service information technology and business process outsourcing, has recently introduced the new …

Nic Martin, the First Atlantic Commerce relationship manager, has been selected as one of ten distinguished scholars for the Electronic Transactions Association’s 2025 Young Payments Professional Scho…

Bermudian-based RenaissanceRe Holdings Ltd has announced that its joint venture, DaVinciRe Holdings Ltd, has agreed to sell in a private debt offering $300 million aggregate principal amount of 5.95 p…

Reinsurance legend Brian Duperreault will headline the closing session of the Bermuda Risk Summit 2025, the Bermuda Business Development Agency announced today.
“The Last Word: Brian Duperreault”, an …

Hiscox Re & ILS has reported a profit before tax of $267.5 million in the 2024 fiscal year, sharply up from the 2023 figure of $221.4 million.
The result for the reinsurance businesses in London a…

Bermudian-based Fortitude Re has announced the signing of a reinsurance transaction between its subsidiary, Fortitude Reinsurance Company Ltd, and Unum Life Insurance Company of America, which is a su…

Marico Thomas, president of the Bermuda Chamber of Commerce, has extended congratulations to the Progressive Labour Party on its success in the General Election last week.
The PLP won 25 seats to the …

A Georgian mantelpiece clock, antique Bermuda silver and a commode are just a few of the treasures up for grabs in the annual Bermuda National Trust Jumble Sale and Auction, which opens today at the B…

Bermudian-headquartered Hamilton Insurance Group Ltd has reported net income of $400.4 million in the 2024 fiscal year, an increase of 55 per cent over results in the prior year.
Net income in the fou…

Relm Insurance, the Bermudian-based insurer dedicated to emerging sectors, has signed a strategic partnership with Liva Group, an insurance group operating across the Gulf Co-operation Council countri…

SiriusPoint Ltd, the Bermudian-headquartered global specialty insurer and reinsurer, has announced the pricing of its previously announced registered secondary offering by entities associated with Dan…

Bermudian-based Axa XL has appointed Simon Rees as chief underwriting officer, North America programmes.
Now the chief reserving actuary for the Americas, Mr Rees assumes his new role on April 1, repo…

Bermudian-domiciled International General Insurance Holdings Ltd has reported net income in the 2024 fiscal year of $135.2 million, up 14.4 per cent on the 2023 result of $118.2 million.
Fourth-quarte…

Monster hurricanes Helene and Milton contributed to newly declared losses at Fidelis Insurance for 2024.
In the firm’s latest financial statements, Fidelis reported a fourth-quarter net loss of $122.2…

A shake-up of the Cabinet included a switch for Diallo Rabain, who is no longer Minister of Education and instead became the Cabinet Office and digital innovation minister.
The move was among several …

After eating empanadas just before an eight-hour overnight flight from Santiago, Chile, to Miami, Adam Johnson awoke halfway through the journey feeling bloated and sick.
He turned to Takeoff Hydratio…

Six Bermudian bartenders are to travel to London on Thursday for a six-week training programme at the prestigious European Bartender School.
They are the first cohort of Bacardi’s new Hospitality Acce…

The world of finance has been turned on its head. Digital assets and distributed ledger technology, once the realm of tech enthusiasts, are capturing the attention of institutional investors. We are w…

SiriusPoint Ltd, the Bermudian-headquartered global specialty insurer and reinsurer, has appointed James Anderson as global chief pricing actuary, effective on May 12.
Based in London, Mr Anderson wil…

Bermuda’s only thanatologist, Jeelise, Allen has launched a private counselling practice specialising in grief support.
Ms Allen believes it is the first practice of its kind on the island.
Tuwile, m…

The former head of the British Army is to deliver a keynote address to launch the inaugural Bermuda Strategic Leadership Conference.
Sir Peter Wall served as chief of the general staff, the profession…

The RG/BSX Index finished unchanged on Tuesday at 2703.71 with 53,600 shares changing hands.
Bermuda Aviation Services traded 52,300 shares to end the day at $1.50, price unchanged.
BF&M also saw…

Texas-based Incline P&C Group, the insurance programme market services firm, has elected Bermuda market veteran Thomas Wafer to the boards of each of its insurance carriers as an independent direc…

Representatives of more than 20 wine and spirits producers and distributors are to travel to Bermuda this week for a showcase presented by the island’s oldest business house.
“Gosling’s Uncorked: Wine…

The chief executive of a Bermudian-headquartered cryptocurrency insurer has called on the crypto community to embrace enhanced insurance solutions for digital asset security after a $1.4 billion hack …

Valaris Ltd, the Bermudian-based offshore drilling services company, has reported that net income in the fourth quarter of 2024 increased to $131 million from $63 million in the prior quarter.
Adjuste…

The chief economist at EY, the international professional services firm, is to deliver a keynote address next month at the Bermuda Risk Summit presented by the Bermuda Business Development Agency.
Gre…

Hayley Johnston, the chief executive of Bermudian-based Lancashire Insurance Company Ltd, is to join the board of Brace Underwriting Ltd as an independent non-executive director, subject to regulatory…

An exploration-stage mining company domiciled in Bermuda has won a judgment of more than $1.1 billion as it seeks to recognise and enforce its 2014 arbitral award against Venezuela.
Gold Reserve Ltd, …

Holly Mazar-Fox, of Mazar-Fox Art Consulting, says the best thing about running her business in Bermuda is the partnerships she has formed across industries.
She has worked with jewellery stores, hote…

Butterfield Bank has partnered with nudge, the financial wellbeing company, to launch an online education platform for the benefit of clients and the wider communities in Bermuda and the Cayman Island…

The head of analytics in the London office of AM Best is to moderate a panel during the Bermuda Risk Summit next month.
In the session, titled “Risk and Regulation in an Evolving Global Landscape”, Ma…

Borr Drilling Ltd more than tripled its net income year-over-year in 2024.
The Bermudian-based oilfield services company reported net income of $82.1 million, an increase of $60 million or 271 per cen…

Bermudian-based Hudson Structured Capital Management Ltd, conducting its insurance and reinsurance business as HSCM Bermuda, has supported a capital raise by Gracie Point Holdings LLC, a global provid…