Royal Gazette

A new platinum level is being added to the existing three levels of the Bermuda Mental Health Foundation’s Mindful Employer Certification, through the foundation’s collaboration with CG Insurance.
The…

Bermuda has a role to play in closing a $40 billion gap in the flood insurance market, panellists at the Bermuda Climate Summit said.
“This island is going to be the generator for how these risks are …

A high-ranking United Arab Emirates official predicts that Bermuda will be at the forefront of climate change solutions.
Abdulaziz Alnuaimi, assistant undersecretary in the UAE Ministry of Economy, w…

A high-ranking United Arab Emirates official predicts that Bermuda will be at the forefront of climate change solutions.
Abdulaziz Aluaimi, assistant undersecretary to the UAE ministry of the econom…

Mosaic Insurance, the Bermudian-based specialty carrier, has raised the line size for political-risk coverage to $30 million and extended its funding horizon to support critical financing schemes in d…

Hiscox, the Bermudian-headquartered specialist global insurer, has appointed Chris Loake as the group’s chief information officer.
The company said Mr Loake joins from C. Hoare & Co, where he was …

The RG/BSX Index closed on Tuesday unchanged at 2,074.28.
Twenty shares in Butterfield Bank changed hands for a turnover of $540. The stock closed unchanged at $27.
On the New York Stock Exchange, Bu…

Appleby, the international law firm, has received a certification of its commitment to becoming more environmentally sustainable.
The firm achieved a Planet Mark Business Certification, demonstrating …

Corporate restructuring under Bermuda law appears to have given the Digicel Group a new lease on life, allowing the telecom provider to continue operations as usual.
Bond investors signed a deal that …

Vantage Group Holdings Ltd. has named three additional representatives from the company’s investors to the board of directors and two financial services executives as independent directors.
Vantage’s …

The 14th annual PwC Insurance Summit, presented with the Financial Times this November, will feature a line-up of leading C-suite speakers from the world’s largest insurers and reinsurers.
Expected to…

Data gleaned from a pioneering coral reef project in Bermuda could benefit insurers as well as storm-vulnerable people worldwide, a panellist at the second annual Bermuda Climate Summit said on Monday…

Private Jet Club, the private jet broker and membership club, is launching a new, by-the-seat service that allows customers to book individual seats on a private jet, without the need to book an entir…

Bermuda is ideally situated to drive innovation in the area of global climate risk, a panellist told attendees on Monday at the second annual Bermuda Climate Summit.
Mark Guishard is a chartered meteo…

The RG/BSX Index closed on Monday up 5.96 points (0.29 per cent) at 2,074.28.
Two thousand shares in Argus Group Holdings Ltd traded for a turnover of $12,000. The stock closed at $6, up 25 cents (4.3…

Argus Group Holdings Limited has declared a $27.7 million profit for the 2023 year to March 31, slightly up on the $25.7 million in the previous year.
Argus chief executive officer, Alison Hill, state…

Compre, the Bermudian-headquartered international legacy group, has appointed Jennie Earis as chief reserving actuary and Kunal Shrivastava as head of analytics.
The company said both will support the…

The woman who knows more about your brain than you do, and may be able to make it work better, is Samantha Scott-O’Bannon, the clinical neuropsychologist who recently opened a new office in the city.
…

Leadership changes are coming at Bermuda-registered International General Insurance Holdings Ltd. as of July 1.
Founder, chairman and chief executive officer of the Nasdaq listed company, Wasef Jabshe…

Whether racing bikes or taking care of them for customers, Kenneth DeSilva has long had a passion for two-wheeled transport.
The ten-time national scooter racing champion has set up Custom Mechanics, …

Credit Suisse has determined it will fight a 2022 Bermuda court’s $600 million judgment, upheld against them by the Bermuda Court of Appeal last week.
Representatives for the successful party, billion…

A worrying report has highlighted the growing value of global unprotected risk exposure and how it has risen steadily in the past five years.
The protection gap is the uninsured or unprotected portion…

The Cayman Islands is a step closer to being removed from the “grey list” of countries that the Financial Action Task Force is monitoring for deficiencies in their anti-money laundering and countering…

A Bermuda clothing retailer has expanded operations for the second time this year.
The Authentic Bermuda Shorts shop has opened a store in Royal Naval Dockyard and hired Lisa Bernardo as the store man…

Somers Limited, the Bermudian-based investment holding company, has reported a net loss of £21.4 million for the six months ended March 31 (2022: net loss of £47 million) resulting from unrealised for…

Lemonade, the digital insurance company, has established a captive cell at a Bermuda transformer.
The news comes as the insurtech announced that its reinsurance programme has been renewed in good time…

A former casualty treaty underwriter at Chubb Tempest Re Bermuda has been appointed chief operating officer, Global Reinsurance, at Chubb Limited.
Michael O’Donnell currently serves as division presid…

The Bermuda Economic Development Corporation is encouraging entrepreneurs to attend an information session about the organisation’s co-op developer programme.
The programme pays the business minded to…

The Association of Bermuda Insurers and Reinsurers has two interns assisting ABIR’s Policy and Regulatory Affairs team.
Sakile Zuill, 22, is studying for her bachelor’s degree in International Busines…

Bermudian-based Aspen Insurance Holdings Limited has announced that Mike Rastigue has joined Aspen Insurance as vice-president, cyber-risk management.
The company said Mr Rastigue has more than 20 yea…

Eight environmental charities will participate in the second annual Bermuda Climate Summit, presented by the Bermuda Business Development Agency, in partnership with KBRA.
The two-day event will be he…

The RG/BSX Index closed on Friday unchanged at 2,068.32 after a day of no trading.
For the week, the Index was down 107.26 points (5.18 per cent) on Bermuda dollar share volume of 2,070 for a turnover…

A contentious meeting last week called to discuss potential North East Hamilton redevelopment exposed deep concerns among area residents.
Mapping the Future: North East Hamilton Plan & the Approve…

Immigration reform is the key to the success of most initiatives in Government’s new economic development strategy, a leading professional services firm has said.
Deloitte, releasing its synopsis of t…

The RG/BSX Index finished unchanged on Thursday remaining at 2,068.32 on the Bermuda Stock Exchange with $27,000 in shares trading.
One thousand Bank of N T Butterfield & Son stocks traded to clos…

More than 65 global experts will gather in Bermuda next week, to share their ideas on building a sustainable future.
The 2nd annual Bermuda Climate Summit will run on Monday and Tuesday at the Hamilto…

Gosling’s Limited, the wine and spirits merchant, has unveiled an updated logo as part of a rebranding initiative.
The company said it would be transitioning to a modified script logo with thick, uniq…

Law firm Conyers is offering recent graduates new training opportunities in its trust services and corporate services departments.
“Our trainee opportunities have been designed to provide recent grad…

Judy Wang has been appointed CFO, the Americas for global investor services firm, IQ-EQ, directing the financial performance and management of the US and Caribbean businesses.
IQ-EQ’s registered Bermu…

The founder of tech education firm, The TLC Group, believes the compliance deadline for Bermuda’s Personal Information Protection Act will signal new employment opportunities in data privacy and cyber…

The global financial services provider that originated in Bermuda is supporting the investment ambitions of a Spanish professional football club.
Apex Group Ltd. has been appointed in support of Prico…

The Bermuda Monetary Authority confirmed 13 insurance registrations in May, boosting the yearly total to 32.
Twelve insurance applications were reviewed in May by the Insurance Assessment and Licensin…

Michael Consedine, former chief executive officer of the National Association of Insurance Commissioners, has joined Athene Holding Ltd, the Bermudian-based financial services company, as executive vi…

Two members of the sales team at Aircare Limited have achieved the 2022 Linc Diamond Award for outstanding sales performance.
This is the 11th Diamond Award for lead sales consultant Marlyn C Kelch an…

The only Bermudian law firm to be recognised by Marine Money magazine for its involvement in one of the Deals of the Year for 2022, this month found its name and logo in big city lights.
This is Marin…

BF&M Limited has increased shareholder dividends, reflecting the strong financial performance and its commitment to delivering long-term value to its shareholders, the company said.
BF&M said …

The global workforce has sent out a stark warning to employers, who can expect to face new employee pressures in the year ahead.
After emerging from “the Covid years” with a number of staff fed up, re…

Fidelis Insurance Holdings Limited, the privately-owned, Bermudian-based holding company, has announced the launch of its initial public offering of 17 million of its common shares.
The company, with …

Bermudian-domiciled Athora Holding Ltd, an insurance and reinsurance group focused on the European market, has successfully completed its first debt offering in the public capital markets.
The company…