Royal Gazette

January’s 24 days of California wildfires will cause an estimated insurer loss of around $42.8 billion, according to a newly released report exploring key insurance industry trends in 2024.
Howden Re …

Energy insurer Everen Ltd has announced a dividend of $350 million, affirming its commitment to delivering value to its shareholders.
The decision by Everen’s board of directors was announced at the f…

Chartered Financial Analysts Society Bermuda is next month offering its Financial Literacy Series, in partnership with the Bermuda College’s Athora Division of Professional and Career Education.
April…

Axcelus Financial has appointed Robin Peters to the boards of Axcelus Financial Life Ltd, Axcelus Financial Global Insurance Ltd and Axcelus Financial Life Insurance Company (Bermuda) Ltd.
The Bermudi…

Somerset Reinsurance Ltd has appointed Danish Iqbal as its new chief executive, effective April 30. Mr Iqbal succeeds Jeff Burt, who will take on the role of co-chief executive at Aquarian Insurance H…

With the Prime Minister of Canada set to take his nation to the polls in a just-called snap election, he has already been targeted by a CBC News article about his prior private sector activities setti…

An increasing number of employees are sneaking their own AI subscriptions through the office back door, and that poses a significant risk to their companies.
According to Microsoft’s 2024 Work Trend …

Bermuda, renowned as a global business hub, offers a robust legal and regulatory framework that attracts companies from around the world.
The mechanism enabling this transition is known as continuatio…

Reinsurer SiriusPoint Ltd, has teamed up with Balance Partners, a North American managing general underwriter, to take advantage of a gap in the construction industry.
SiriusPoint is a capacity provid…

The RG/BSX Index rose 9.52 points (0.37 per cent) to 2,558.03 today, based on the $1.00 (6.3 per cent) rise of BF&M Ltd to $17.00 after the trading of 2,000 shares.
There was no other activity on …

Aircare Ltd has been recognised as the top sales team in the global Linc Service network, winning the 2024 Linc Service Team of the Year Award.
The award is presented to the team with the highest sale…

Banyan Risk Ltd has announced a long-term strategic partnership with global reinsurer PartnerRe to boost its directors and officers insurance capacity, a move that further strengthens the Bermuda-base…

Everest Reinsurance, the Bermudian-based reinsurance division of Everest Group Ltd, has appointed Alex Haines as its new global head of engineering, the company has announced.
Mr Haines will report to…