Royal Gazette

Two insurance firms are to combine under a newly formed Bermuda company.
Bermudian-based holding company Maiden Holdings Ltd and US-based Kestrel Group LLC today announced that they have entered into …

A Bermudian-based company has been hit with civil penalties totalling $600,000 for failing to fully comply with financial regulations.
In a statement released today the Bermuda Monetary Authority said…

The Bermuda Captive Network is to present an education summit for the industry next month at the Bermuda Underwater Exploration Institute.
Registration for the afternoon event on January 21 is to open…

There was a strong reinsurer appetite for property catastrophe reinsurance at the January 1 renewals, according to global risk and reinsurance specialist, Guy Carpenter
The Marsh McLennan company said…

A respected, scholarly publication has claimed that a third of the Bermuda population lives in poverty on an island that is a hidden playground for conglomerates, governments and the ultra-wealthy.
Th…

The Government is seeking proposals for the construction of a new seawall in an area at risk for flooding.
Prominent businessman Ed Faries, vice-president, sales and service at Tops Ltd on Mill Creek …

Tether, the stablecoin company, has made a venture capital fund investment into a Bermudian-based technology fund.
Arcanum Capital ISA announced that Tether has made the investment into Arcanum Emergi…

A subsidiary of Bermudian-based Fidelis Insurance Holdings Ltd has successfully closed a new catastrophe bond through the issuance of notes by its Herbie Re Ltd programme.
Fidelis Insurance Bermuda Lt…

Bermudian-based Hiscox Group has appointed Frank Lamantia as chief technology officer in the United States.
Mr Lamantia, who takes on the new role on January 21, will report to Mary Boyd, chief execut…

Olivia Brindle has left Bermuda’s The Fidelis Partnership to join Canopius Group, the global insurer and reinsurer with operations in Bermuda, as head of Sustainability.
Ms Brindle will report to Lind…

I recently had dinner with a friend who shared her financial struggles with me. At first, it seemed surprising – she has a well-paying job, and her spouse is equally successful in their career. But a…

Dear Dave,
Do you have any advice for sticking with your goals and new year’s resolutions? I always have great things in mind to shoot for in December, but then they always seem to fall by the wayside…

The Bermuda Monetary Authority proposes to publicly disclose the assets and liabilities of the island’s long-term commercial insurers registered in Classes C, D and E.
The financial services regulator…

Business owner Claire Smith had a problem with rum cakes on the island – not enough rum.
On December 3 she launched her own line of the alcohol-soaked confections at her store, the Bermuda Triangle Sh…

Healthcare stocks have significantly lagged the broader market over the past year, leading some investors to question their future. Despite strong tailwinds from an ageing population in developed econ…