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March 11, 2026

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Royal Gazette

Business / News / Royal Gazette / Royal Gazette

Gosling’s Papa Seal available in stores on Saturday

November 27, 2024

The remaining bottles of Gosling’s Papa Seal Single Barrel Rum from this year’s allocation will be available in the company’s stores beginning on Saturday morning.
A company spokesman said the limited…
Gosling’s Papa Seal available in stores on Saturday Read More
Business / News / Royal Gazette / Royal Gazette

Paradise Mobile expanding to Cayman

November 27, 2024

Seven months after opening in Bermuda, telecommunications company Paradise Mobile is already expanding overseas.
Company founder and chief executive officer Sam Tabbara told The Royal Gazette it plan…
Paradise Mobile expanding to Cayman Read More
Business / News / Royal Gazette / Royal Gazette

Extreme weather reshapes insurance industry

November 27, 2024

Climate change is leading to evolving natural catastrophe risks that are forcing insurers to re-evaluate their relationships with each other and the world at large, according to S&P Global Market …
Extreme weather reshapes insurance industry Read More
Business / News / Royal Gazette / Royal Gazette

Waterlot steakhouse reopens next week

November 27, 2024

After a four-year closure, a subtle rebranding and “extensive” renovations, one of Bermuda’s oldest restaurants returns for fine diners, just in time for the festive season.
But if you are looking to …
Waterlot steakhouse reopens next week Read More
Business / News / Royal Gazette / Royal Gazette

Abir and EY return as headline sponsors of Risk Summit

November 26, 2024

The Association of Bermuda Insurers and Reinsurers and EY are to return as headline sponsors of the Bermuda Risk Summit for a fourth consecutive year.
The annual event, presented by the Bermuda Busine…
Abir and EY return as headline sponsors of Risk Summit Read More
Business / News / Royal Gazette / Royal Gazette

International business awareness campaign launches

November 26, 2024

A joint initiative between local business associations aims to engage career shifters and highlight the value of international business in Bermuda.
The International Business is Everybody’s Business c…
International business awareness campaign launches Read More
Business / News / Royal Gazette / Royal Gazette

BF&M net income up $10 million year-on-year to $24.2m

November 26, 2024

Domestic insurer BF&M Ltd has reported net income of $24.2 million for the nine months ended September 30, a jump of $10 million from the net income for the comparative period in 2023.
Abigail Cli…
BF&M net income up $10 million year-on-year to $24.2m Read More
Business / News / Royal Gazette / Royal Gazette

Hamilton Re expands offerings

November 26, 2024

Hamilton Re, the Bermudian-based insurance and reinsurance underwriting platform of Hamilton Insurance Group Ltd, has expanded into Credit, Bond and Political Risk Reinsurance.
That initiative will be…
Hamilton Re expands offerings Read More
Business / News / Royal Gazette / Royal Gazette

Argus net income up $0.9M despite challenges from proposed merger

November 26, 2024

Argus Group Holdings Limited had net income for the six months ended September 30 of $5.9 million, up from $5 million at the end of the same period last year.
This IFRS net income was impacted by exce…
Argus net income up $0.9M despite challenges from proposed merger Read More
Business / News / Royal Gazette / Royal Gazette

Breakfast is served with Liberty Mutual’s help

November 26, 2024

The Liberty Mutual charity committee has partnered with the Coalition for the Protection of Children to support their breakfast programme for public schools.
The firm said: “In a true demonstration of…
Breakfast is served with Liberty Mutual’s help Read More
Business / News / Royal Gazette / Royal Gazette

BermudAir offers Black Friday airfare discounts

November 26, 2024

BermudAir is offering Black Friday sale pricing, with massive discounts and holiday packages for travellers purchasing from November 26 through December 3, for travel periods ending June 30.
BermudAir…
BermudAir offers Black Friday airfare discounts Read More
Business / News / Royal Gazette / Royal Gazette

Abic says island must be ready for heightened competition

November 26, 2024

Bermuda must be ready for heightened competition from rival jurisdictions as the island’s first tax on corporate profits takes effect, said Christian Dunleavy, chairman of the Association of Bermuda I…
Abic says island must be ready for heightened competition Read More
Business / News / Royal Gazette / Royal Gazette

Former US regulator promotes Bermuda industry

November 26, 2024

A former Florida insurance Commissioner has explained in an online publication how Bermuda’s long-term insurance industry is helping to close the world’s pension protection gap.
David Altmaier states …
Former US regulator promotes Bermuda industry Read More
Business / News / Royal Gazette / Royal Gazette

Deloitte staff deliver on Impact Day

November 25, 2024

Deloitte’s annual celebration of commitment to community investment in Bermuda, Impact Day, was held this month.
The staff set aside their work for a day to contribute towards the community-based init…
Deloitte staff deliver on Impact Day Read More
Business / News / Royal Gazette / Royal Gazette

Bermudian returns home after working in Europe for 25 years

November 25, 2024

Bermudian Pamela Trott Harris is returning home after more than 25 years working as a clinical psychologist in Europe.
Ms Harris, who has a master’s degree in psychology, is joining Benedict Associate…
Bermudian returns home after working in Europe for 25 years Read More
Business / News / Royal Gazette / Royal Gazette

BEDC partners with Prudential to help small businesses

November 25, 2024

Small businesses in Bermuda are set to get an extra pair of helping hands after a new partnership was agreed to address critical business challenges.
The Bermuda Economic Development Corporation has j…
BEDC partners with Prudential to help small businesses Read More
Business / News / Royal Gazette / Royal Gazette

Pitch winners ride crest of a wave

November 25, 2024

A business pitch competition highlighting the “incredible talent of emerging entrepreneurs” has announced its winners.
Global Atlantic Financial Group partnered with the Bermuda Economic Development C…
Pitch winners ride crest of a wave Read More
Business / News / Royal Gazette / Royal Gazette

Vegan food truck finds a new home on Victoria Street

November 25, 2024

Vegan food truck entrepreneur Jamel Minors has found a new home for his business at the east end of Victoria Street in Hamilton.
Mr Minors owns and operates Alkaline Triangle, which since 2022 has ope…
Vegan food truck finds a new home on Victoria Street Read More
Business / News / Royal Gazette / Royal Gazette

Cargo volumes still lag behind pre-pandemic levels

November 25, 2024

Cargo volumes are up year-on-year but still lag behind pre-pandemic levels, the parent company of Stevedoring Services Ltd, the docks operator, has reported.
The news came as Polaris Holding Company L…
Cargo volumes still lag behind pre-pandemic levels Read More
Business / News / Royal Gazette / Royal Gazette

Does it matter where you go to university?

November 23, 2024

When I was growing up, I can’t count the number of times I was asked which university I was going to attend; then, in my adult years the question became which university I had attended. Strangely, th…
Does it matter where you go to university? Read More
Business / News / Royal Gazette / Royal Gazette

Four shortlisted for Citywealth Powerwomen Awards USA 2025

November 22, 2024

Four prominent members of Bermuda’s business community have been shortlisted for the Citywealth Powerwomen Awards USA 2025.
Nominated for the Woman of the Year – Caribbean award are Laura Kearns, a se…
Four shortlisted for Citywealth Powerwomen Awards USA 2025 Read More
Business / News / Royal Gazette / Royal Gazette

Corporate income tax regime CEO named

November 22, 2024

The top job in Bermuda’s new Corporate Income Tax regime has gone to an executive with the Association of British Insurers.
Mervyn Skeet, director of general insurance policy at the ABI, is leaving th…
Corporate income tax regime CEO named Read More
Business / News / Royal Gazette / Royal Gazette

London forum promotes island as leader in wealth management

November 22, 2024

A forum promoting Bermuda’s position as a premier destination for wealth preservation and growth has been hailed a success.
The Bermuda Business Development Agency facilitated the two-day Bermuda Weal…
London forum promotes island as leader in wealth management Read More
Business / News / Royal Gazette / Royal Gazette

delMonte Davis honoured by alma mater

November 22, 2024

Bermudian businessman delMonte Davis has been inducted into the Board of Visitors Alumni Hall of Fame at the University of Hartford’s Barney School of Business.
Mr Davis, a former circulation manager …
delMonte Davis honoured by alma mater Read More
Business / News / Royal Gazette / Royal Gazette

BMA registers two insurers

November 22, 2024

The Bermuda Monetary Authority confirmed the registration of two new insurers in October, taking the yearly total to 43.
The island’s financial services regulator has also registered ten intermediarie…
BMA registers two insurers Read More
Business / News / Royal Gazette / Royal Gazette

Gibbons tests top athletic brand

November 22, 2024

A difficult retail climate in Bermuda is fuelling the trend towards more pop-up stores.
But Gibbons Company is finding success in cyber sales, through soaring website traffic.
“Retail right now is dif…
Gibbons tests top athletic brand Read More
Business / News / Royal Gazette / Royal Gazette

Moody’s Ratings: Bermuda to balance budget in 2024

November 21, 2024

Moody’s Ratings expects the Government of Bermuda will reach a balanced budget in 2024 and start generating positive financial balances in the following years.
That view was expressed in a periodic re…
Moody’s Ratings: Bermuda to balance budget in 2024 Read More
Business / News / Royal Gazette / Royal Gazette

Sergio Lottimore joins Hamilton Re

November 21, 2024

Sergio Lottimore has been appointed to the post of vice-president, Credit, at Hamilton Re.
He was formerly vice-president, Financial Lines underwriter, at Validus Reinsurance Ltd, where he spent three…
Sergio Lottimore joins Hamilton Re Read More
Business / News / Royal Gazette / Royal Gazette

Stelian Dragan takes top post at Oceanview Re’s Bermuda base

November 21, 2024

Oceanview Reinsurance Ltd, an Oceanview Holdings Ltd subsidiary, has made Stelian Dragan the new chief executive officer of its business in Bermuda.
Mr Dragan will oversee Oceanview Reinsurance’s ope…
Stelian Dragan takes top post at Oceanview Re’s Bermuda base Read More
Business / News / Royal Gazette / Royal Gazette

AM Best: outlook is positive for global reinsurance industry

November 21, 2024

AM Best has maintained its market segment outlook for global reinsurance at positive, citing robust underwriting returns and the potential for solid full-year 2024 results, despite an active Atlantic …
AM Best: outlook is positive for global reinsurance industry Read More
Business / News / Royal Gazette / Royal Gazette

Ascot appoints Anthony Mandica

November 21, 2024

Ascot has appointed Anthony Mandica to the post of group head of Internal Audit.
Mr Mandica will continue to be based in the company’s Iselin, New Jersey office, with a dual reporting line to the Asco…
Ascot appoints Anthony Mandica Read More
Business / News / Royal Gazette / Royal Gazette

Bermuda company backs aircraft purchases

November 21, 2024

Itasca MGA Ltd, the aviation-focused managing general agent, has provided insurance backing for Elevate Capital Partners, a private investment and asset management firm, for a financing solution in re…
Bermuda company backs aircraft purchases Read More
Business / News / Royal Gazette / Royal Gazette

‘Bermuda property market in critical condition’

November 21, 2024

Rocketing building costs have sent Bermuda’s property market into a critical state, says a veteran real-estate broker.
“There is no inventory other than in the highest price brackets,” Jane Burt, of T…
‘Bermuda property market in critical condition’ Read More
Business / News / Royal Gazette / Royal Gazette

Conyers lawyers named as market leaders

November 20, 2024

Conyers has once again been ranked in the 2024 edition of the IFLR1000.
The firm’s practices in Bermuda, the British Virgin Islands, and the Cayman Islands all received recognition from the guide to t…
Conyers lawyers named as market leaders Read More
Business / News / Royal Gazette / Royal Gazette

BSX chairman is honoured

November 20, 2024

Thomas Gallagher, the chairman of the Bermuda Stock Exchange, has been named to the 2024 TabbForum 40, an honour roll of executives and other influencers who are leading technology-driven innovation a…
BSX chairman is honoured Read More
Business / News / Royal Gazette / Royal Gazette

Bacardi report identifies key cocktail trends for 2025

November 20, 2024

Savoury flavours, immersive experiences, and bartender expertise will drive cocktail culture in 2025, the world’s largest privately held international spirits company has found.
Bermudian-based Bacard…
Bacardi report identifies key cocktail trends for 2025 Read More
Business / News / Royal Gazette / Royal Gazette

Bermuda branch of arbitration group honours its members

November 20, 2024

A judge who sits in both Bermuda and the Cayman Islands was the guest speaker as the Bermuda branch of the Chartered Institute of Arbitrators held its 24th annual dinner.
Nicholas Segal is a Judge of …
Bermuda branch of arbitration group honours its members Read More
Business / News / Royal Gazette / Royal Gazette

Twentieth KPMG Investment Challenge launches with more interaction

November 20, 2024

The KPMG Senior School Investment Challenge enters its 20th year, promising participating students more one-on-one interaction.
KPMG event organiser Kyran Simmons said it was time to up the ante this …
Twentieth KPMG Investment Challenge launches with more interaction Read More
Business / News / Royal Gazette / Royal Gazette

Snorkelboard business ready to float

November 20, 2024

After many stops and starts, Bermuda inventor Murray Scott’s specially designed Snorkelboards are floating worldwide.
“In the last year, potential distributors in Australia took three boards, then or…
Snorkelboard business ready to float Read More
Business / News / Royal Gazette / Royal Gazette

Offshore tax critics cloud JMC meetings

November 19, 2024

A UK tax blogger and tax justice campaigner believes those who are now driving the tax justice movement do not quite grasp exactly what it is that the United Kingdom should be asking of overseas terri…
Offshore tax critics cloud JMC meetings Read More
Business / News / Royal Gazette / Royal Gazette

Insurer seeks more of a growing legal malpractice market

November 19, 2024

Bermuda-headquartered Allied World Assurance Company Holdings is among a number of firms set to take advantage of an explosion in lawyer liability insurance, according to a market intelligence report….
Insurer seeks more of a growing legal malpractice market Read More
Business / News / Royal Gazette / Royal Gazette

Call to action issued at 17th annual PwC Insurance Summit

November 19, 2024

Bermuda’s critical role as a hub for reinsurance innovation, growth, and resilience has been highlighted at the PwC Insurance Summit, presented in collaboration with the Financial Times.
Arthur Wightm…
Call to action issued at 17th annual PwC Insurance Summit Read More
Business / News / Royal Gazette / Royal Gazette

CATCo shareholders to consider winding up recommendation

November 19, 2024

The shareholders of CATCo Reinsurance Opportunities Fund Ltd are to meet next month to consider a board recommendation that the company be wound up.
The special general meeting will be held on Decembe…
CATCo shareholders to consider winding up recommendation Read More
Business / News / Royal Gazette / Royal Gazette

Abacus celebrates 17th anniversary

November 19, 2024

Abacus Ltd, the local full-service accounting firm, has celebrated its 17th year in business in new office space at Thistle House in the centre of Hamilton.
A reception invited guests to participate i…
Abacus celebrates 17th anniversary Read More
Business / News / Royal Gazette / Royal Gazette

AI to open opportunities for efficiency and new products

November 19, 2024

When Steve Horton first started work, he used to scan paper files — something he remembers as being a huge duplication of his time.
It’s perhaps why, now, the president of Liberty Specialty Markets co…
AI to open opportunities for efficiency and new products Read More
Business / News / Royal Gazette / Royal Gazette

Ardmore: conflicts continue to disrupt energy supply chains

November 19, 2024

Heightened geopolitical tensions worldwide continue to affect energy supply chains, a Bermudian-based shipping company said as it released earnings results for the third quarter of the year.
Ardmore S…
Ardmore: conflicts continue to disrupt energy supply chains Read More
Business / News / Royal Gazette / Royal Gazette

SFL Corporation’s Q3 profits up more than 50% year-on-year

November 19, 2024

Bermudian-based SFL Corporation Ltd, one of the world’s largest ship-owning companies, has reported a third quarter net profit of $44.5 million, a jump of more than 50 per cent year-on-year.
The quart…
SFL Corporation’s Q3 profits up more than 50% year-on-year Read More
Business / News / Royal Gazette / Royal Gazette

Aspen Insurance reports Q3 net income of $56.7m

November 18, 2024

Bermudian-based Aspen Insurance Holdings Ltd has reported net income of $56.7 million in the third quarter of the year, a drop from $86.3 million in the prior year quarter.
Underwriting income fell by…
Aspen Insurance reports Q3 net income of $56.7m Read More
Business / News / Royal Gazette / Royal Gazette

The English Market to launch new store in St George

November 18, 2024

One of the newest members of Bermuda’s supermarket sector is to open at a second location.

The English Market, which launched in Hamilton’s Washington Mall in 2021, is busy preparing a new shop at…

The English Market to launch new store in St George Read More
Business / News / Royal Gazette / Royal Gazette

Bacardi holiday tastings pop-up

November 18, 2024

Bacardi International Ltd is launching Hacienda Patrón, a series of seasonal pop-up Patrón tequila and Bacardi rum tastings November 19 to December 21 on the second floor of the Bermuda Visitor Servic…
Bacardi holiday tastings pop-up Read More

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