Royal Gazette

New legislation in force as of January will bring an “unchartered territory” for most Bermuda organisations, according to a global offshore law firm.
Businesses will be required to make disclosures to…

Shareholders have given the go-ahead for a company to redomicile to Bermuda from Alberta, Canada.

Gold Reserve Inc, an exploration stage mining company, said the process was completed on September…

Bermudian-based Relm Insurance is offering the insurance industry’s first bitcoin denominated insurance product.
The pioneering product offers business interruption coverage specifically tailored for …

Picture the scene: finally, after 20-plus years, the kids are well and truly off your hands and no longer asking for money. Hopefully you are about to retire – or else you are on the home stretch and…

Dear Dave,
My wife and I are debt-free, and we live on a budget. My mother-in-law, on the other hand, uses credit cards for practically every purchase. Several times she has gone too far and run up ba…

The Bermuda Stock Exchange has chosen Vermiculus Financial Technology to deliver microservice-based clearing, settlement and depository system to the Exchange.
The new BSX CSD systems are based on Ver…

Appleby has retained its Planet Mark Business Certification for a further year, reducing carbon emissions by 37.2 per cent, the law firm has said.
In a statement it was said to underline the group’s c…

Kraken, the cryptocurrency exchange, has been licensed by the Bermuda Monetary Authority to offer crypto derivatives trading from the island.
The exchange, which describes itself as one of the longest…

After losing her mother last November, Jessica Burns went on a surfing wellness retreat in Costa Rica to help herself work through her grief.
“It was really special,” she said. “It was the first tim…

Record-breaking hurricanes, dangerous wildfires and extreme heat events have dominated recent news cycles.
Bermuda Institute of Ocean Sciences chair Stephen Weinstein believes it all serves as a remi…

The latest Digicel Transformation Report notes a significant surge in the perceived importance of digital technologies within the public sector in Bermuda and the Caribbean.
Adoption rates of digital …

The RG/BSX Index remained unchanged at 2,470.76 today with no trading on the Bermuda Stock Exchange.
Butterfield Bank closed down two cents (0.06 per cent) at $35.81 on the New York Stock Exchange.

A Fidelis Partnership wholly-owned subsidiary and specialist MGA platform has launched a new specialty reinsurance MGA.
Pine Walk Capital Limited said Silverflame Re will complement The Fidelis Partne…

Coralisle Group Ltd struck gold twice at the 2024 Advertising Research Foundation David Ogilvy Awards, held last week in New York City.
CG’S two gold-level trophies were in the categories of Financial…

The Bermuda Monetary Authority on Monday launches a weeklong campaign that is part of a global initiative to empower investors and provide them with access to valuable resources and learning opportuni…

The Bermuda Tourism Authority commented on the Condé Nast Traveler annual Readers’ Choice Awards, with Bermuda taking the No 1 spot as Best Island in the Caribbean and Atlantic for the second consecut…

Oceanview Reinsurance Ltd, a subsidiary of Oceanview Holdings Ltd, has made Michael C. Ward vice-president and chief financial officer.
This appointment follows Oceanview’s recent expansion of its glo…

The Phoenix Stores and singer-turned-beauty and fashion mogul Rihanna are bringing to Bermuda her game-changing beauty brands, Fenty Beauty, Fenty Skin and Fenty Eau De Parfum, as she launches across …

Mosaic Insurance has appointed underwriter Francesca Harland as its new global head of professional liability.
The move was part of an underwriting and operational team restructuring designed to drive…

Insured loss caused by record-breaking wind, storm surge and flooding from Hurricane Helene will be close to $6.4 billion, according to catastrophe modelling firm Karen Clark & Co.
On September 26…

The RG/BSX Index closed up 13.42 points (0.55 per cent) on Wednesday, to end the day at 2470.76 on the Bermuda Stock Exchange.
Only Butterfield Bank saw activity with 3,724 shares trading hands to fin…

Freight experts believe the US economy is facing deeper trouble, the longer strike action continues at US ports.
They are urging the federal government to intervene and get freight moving again, even …

A British safety adviser sees “quite a gap” in Bermuda for training in dangerous goods handling. .
“This is not just for the airlines, but also for the shipping community,” said Paul Horner owner of …

HELEN ANNIE ELFREDA DILLAS Click here to view a larger notice.

Bulley-Graham-Rawlins Funeral Home regrets to announce the death of BRUCE REGINALD FRASER of 14 Skyline Road, Knapton Hill, Smiths, son of the late…

We are saddened to announce the death of DR ANNE GUTHRIE (1941-2024), who died at home in Hampshire, England on 14 September 2024. Much loved mum to…

STACY LYNNE MARSHALL-ROBERTS1st May 197328th August 2024

Augustus Funeral Home regrets to announce the passing of MRS GLORIA EUNICE DELORIS SIMMONS, wife of the late Kitchener Simmons, loving mother to…

Moody’s RMS Event Response estimates that insured losses from last month’s flooding in central Europe will range from $2.8 billion to $3.9 billion.
According to the financial researcher, this loss est…

Savvy travellers continue to highlight Bermuda among the world’s best travel destinations.
The island was once again recognised as the number one island in the Caribbean and Atlantic Category by Condé…

The RG/BSX Index remained unchanged on Tuesday at 2457.34 in the absence of trading on the Bermuda Stock Exchange.
Meanwhile Butterfield Bank ended the day down 70 cents (1.9 per cent) on the New York…

Domestic insurer BF&M has had a little more to say about its plans for the amalgamation agreement with their once-rival Argus Group, a transaction which is expected to close in the fourth quarter …

Bermuda incorporated American Overseas Group Limited has reported consolidated net income available to common shareholders of $2.3 million, or $49.81 per diluted share, for the three months ended June…

Acrisure Re, the reinsurance division of global fintech leader Acrisure, has made Peter Sharpe the new head of the London-based specialty reinsurance team, effective Monday.
Mr Sharpe will report to D…

Bermuda Island Games is continuing to fulfil the dreams of those interested in designing video games.
Participants in an annual design competition will compete in the third edition of the event, later…

The Bermuda insurance and reinsurance market remains on a path of substantial evolution but increasing notice is being taken of the “impressive growth” in the long-term reinsurance business.
It has co…

Energy stocks have lagged behind this year’s upward-trending equity markets. Year-to-date, the MSCI World Energy Sector Index has returned only 8.25 per cent including dividends, compared with the bro…

Telecom company Paradise Mobile has been named as the fastest mobile network in Bermuda by Ookla, a global leader in connectivity intelligence and network insights.
According to a statement from Parad…

Category 4 Hurricane Helene will be one of the costliest storms in United States history with total damage and economic loss estimated to be up to $160 billion, according to forecasters AccuWeather.
M…

The killer hurricane, Helene, has been confirmed as one of the most destructive storms in US history, with a death toll approaching 100 across several states and hundreds still unaccounted for.
The As…

It has been more than four years since the Covid-19 pandemic erupted but Shannon Simons’ restaurant has still not fully recovered. Mr Simons took over Thyme in Paget in 2020. “The business is not quit…

Butterfield Bank is fighting a public-relations nightmare in the Cayman Islands after retroactive charges levied on customer accounts for unpaid government stamp duty.

Cayman Compass said a softwa…

A group established by the Government to make recommendations for what a living wage would look like is exploring the widely heralded Anker Methodology as an area for solutions.
Accepted as the gold s…

As Ascot Bermuda celebrated its 10th anniversary recently, the new man at the helm of the company declared that the best is yet to come for the global specialty insurer and reinsurer.
Justin Keith suc…

Shareholders of PSC Insurance Group Limited have agreed for the company to be acquired by The Ardonagh Group, one of the world’s largest independent insurance broking platforms, with offices in Bermud…

Dear Dave,
I follow your advice and live on a budget, but it’s really hard to save up for a down payment on a house because property is so expensive on the US West Coast. My family thinks I should buy…

Most people have incurred debt at some point, whether it be a mortgage, car loan, student loan or credit card debt. However, debt can be an issue if not managed wisely. Too much debt can be financial…

ZipX and the Bermuda Economic Development Corporation have joined forces to provide Bermudian small business owners and local entrepreneurs with a discount on their shipping costs.
BEDC-registered bu…

Bermuda’s professional organisation for accountants will partner with a training company that prepares those who want to write accounting examinations.
The announcement was made by Becker, the global …

After the social distancing of the pandemic, salon owner Akilia Darrell saw many Black clients ditch chemical hair straighteners in favour of natural growth.
However, this change was not without its c…