Royal Gazette | Bermuda News Updates

Two Bermudas: from Olympics to politics

August 9, 2024

Bermuda, with its picturesque landscapes and vibrant culture, presents a façade of unity and prosperity. However, beneath this surface lies a stark divide in the lived realities of Bermudians.
This di…

Anthony Izzo appointed to lead global broker team at Everest

August 9, 2024

Anthony Izzo has been appointed chief global broking officer to lead a new global broker management team at Bermudian-based Everest Group Ltd.
Mr Izzo assumes the position in addition to his role as h…

Lady Trojans target dynasty after league title threepeat

August 9, 2024

More sparkle has been added to Silver City after Somerset went undefeated in wrapping up their third consecutive women’s league title this season.
Danvers Seymour Jr’s charges recorded nine wins and w…

Heartache for brave Bermuda in Concacaf showdown

August 9, 2024

Bermuda 0 Dominican Republic 3

Bermuda suffered the agony of missing out on qualification for the semi-finals of the Concacaf Girls Under-15 Championship in Trinidad & Tobago after losing to…

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Corbishley ‘should not have been’ involved in search warrant for officers’ homes

August 9, 2024

A former police commissioner who accused two officers of distributing confidential information about his divorce was involved in efforts to get a warrant to search their homes but “should not have bee…

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Conservation group: lobster decline calls for halt to fishing

August 9, 2024

The Government’s decision to maintain the same tight limit imposed last year on recreational lobster fishing is insufficient to revive the numbers of a popular catch whose population has crashed in Be…

Losses from storm Debby unlikely to affect reinsurers

August 9, 2024

Losses from Tropical Storm Debby, which has claimed at least seven lives, are unlikely to affect reinsurers, according to Moody’s.
Debby made landfall near Steinhatchee, Florida, on Monday morning as …

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Weeks: CCTV network nearing finish line

August 8, 2024

The Government said today that the island-wide CCTV system is in its final stages of implementation — although no timeline was given for the project.
The new system of 247 cameras, which has faced sev…

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Submissions sought for innovative employment website

August 8, 2024

Developers and firms are being invited to submit proposals to help create a state-of-the-art website for job seekers and employers.
The Ministry of Economy and Labour has issued a Request for Proposa…

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Premier meets with new UK Overseas Territories minister

August 8, 2024

David Burt attended a virtual meeting with Britain’s Minister for Overseas Territories in which self-determination, devolution and autonomy were discussed.
The Premier was joined in the meeting on We…

New format for Athene T20 league

August 8, 2024

The Bermuda Cricket Board has announced a continuation of its partnership with Athene Life Re, which will see the reinsurance company preserve its status as the lead sponsor for the T20 Men’s Premier …

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Corporate tax framework goes before public

August 8, 2024

A “preliminary, high-level summary” of compliance rules for a landmark new tax that comes into effect next year has been published for feedback.
The first public consultation on the Corporate Income T…

Government looking to revamp jobs website

August 8, 2024

The Government is planning a revamp of a jobs website to “better serve the evolving needs of both job seekers and employers”.

An RFP has been issued asking experienced web developers and design fi…

White Mountains records Q2 loss of $55m

August 8, 2024

White Mountains Insurance Group Ltd, the financial services holding company domiciled in Bermuda, has reported a comprehensive loss attributable to common shareholders of $55 million in the second qua…

Hamilton Insurance Group posts Q2 net income of $131.1m

August 8, 2024

Bermudian-headquartered Hamilton Insurance Group Ltd reported an all-time low combined ratio as it announced second quarter net income of $131.1 million.
Gross premiums written were $603.3 million, an…

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Man charged with attempting to cause woman’s death

August 8, 2024

A man was remanded into custody this morning after he was accused of attempting to cause the death of a woman.
Shane Todd was charged with the offence when he appeared in Magistrates’ Court, as well a…

Twenty students awarded Belco scholarships

August 8, 2024

Twenty students have been awarded a total of $180,000 in Belco’s annual scholarship awards.
“On behalf of our entire team at Belco, congratulations to all the students who were successful in receiving…

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Lane closure on North Shore Road starts next weekend

August 8, 2024

The westbound lane of North Shore Road from Shelly Bay MarketPlace to Radnor Road in Hamilton Parish will be closed from August 18 for 13 days.
The Ministry of Public Works said the closure, which wil…

Lancashire reports record first half net income of $200.8m

August 8, 2024

Bermudian-based Lancashire Holdings Ltd delivered its best-ever half-year performance in the first six months of 2024, the company has reported.
It said profit after tax for the half-year was $200.8 m…

AM Best assigns ratings to Bermuda’s Martello Re

August 8, 2024

AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Bermudian-based Martello Re Ltd.
The outlook assigned to these credit rat…

Abic scholarship winners told to ‘strive for mastery’

August 8, 2024

Twenty-five Bermudian students have received scholarships worth $750,000 to support their further education.
They were presented at a recent Association of Bermuda International Companies education aw…

Stephen Buonpane appointed to Everest leadership role

August 8, 2024

Everest Insurance, the insurance division of Bermudian-based Everest Group Ltd, has appointed Stephen Buonpane to lead the company’s US Wholesale and Programs business.
He will report to Bill Hazelton…

RiverStone to buy Bermuda operations of Darag Group

August 8, 2024

Darag Group, the legacy acquirer with a focus on the European market, has agreed to sell, subject to regulatory approvals, its North American and Bermuda business entities to the RiverStone Group.
The…

Jah-Nhai Perinchief has no regrets after early Olympic exit

August 8, 2024

Jah-Nhai Perinchief insists he is happy to be healthy more than anything else after his debut at the Olympic Games ended after two legal jumps at the Stade de France yesterday.
The 2022 Commonwealth G…

Scott Barnes takes Skusa Superkarts USA Pro Tour title

August 8, 2024

Scott Barnes has secured the Master Shifter title in the Skusa Superkarts USA Pro Tour after a successful weekend in Indiana.
Heading into the final round second overall, the 39-year-old Bermudian kar…

Nathan Trott keeps clean sheet in winning European debut

August 8, 2024

Nathan Trott kept a clean sheet on his European debut as Copenhagen came away with a hard-fought 1-0 win over visiting Czech Republic outfit Banik Ostrava in the first leg of their Europa Conference L…

Robin Horsfield runner-up at Caribbean Mountain Bike Championships

August 8, 2024

Robin Horsfield is celebrating after clinching silver on the short track at the Caribbean Mountain Bike Championships in Dominican Republic.
The Bermudian cyclist made a strong and strategic start by…

KFC sees finger-lickin’ good response to reopening

August 8, 2024

A planned soft launch turned into a “run on the restaurant” as word got around the island that KFC had reopened, according to the franchise.
The Queen Street business closed at the beginning of the ye…

Arch Capital subsidiary closes acquisition of Allianz division

August 8, 2024

A subsidiary of Bermudian-based Arch Capital Group Ltd has completed a major deal.
Arch Insurance North America has closed the acquisition of the US MidCorp and Entertainment insurance businesses from…

Pine Walk launches Novagen

August 8, 2024

Pine Walk Capital Ltd, the specialist managing general agent platform and wholly owned subsidiary of The Fidelis Partnership, has launched Novagen, a new renewables MGA in collaboration with Novagen C…

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Students earn skills through employment programme

August 7, 2024

Young people applied academic knowledge and earned work experience through the Department of Workforce Development this summer.
A spokesman said 100 university students and 80 from high school partici…

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Zane DeSilva calls for boycott of Butterfield Bank

August 7, 2024

Former Cabinet minister Zane DeSilva is calling for a boycott of Butterfield Bank, alleging it has mistreated him and “many citizens” by freezing and closing accounts “without notice and for no good r…

Jah-Nhai Perinchief comes up short on Olympic debut

August 7, 2024

Bermuda’s last medal hopes at the Paris Olympic Games were dashed after flag-bearer Jah-Nhai Perinchief was eliminated in the men’s triple jump at the Stade de France today.
The 2022 Commonwealth Game…

Everest names Bill Hazelton to leadership roles

August 7, 2024

Everest Group Ltd has named industry veteran Bill Hazelton as executive vice-president of Everest Insurance and president of North America Insurance.
Mr Hazelton most recently served as head of US Ret…

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Bermudians in UK warned to stay cautious during riots

August 7, 2024

The Government of Bermuda’s London Office warned Bermudians in the UK to exercise caution as public disorder spiked across Britain.
Xenophobic and anti-Muslim riots have spread across Britain of the p…

IGI Q2 profit dips year-on-year

August 7, 2024

Bermudian-registered International General Insurance Holdings Ltd has reported a dip in second quarter net income year-over-year.
IGI said net income for the quarter ended June 30 was $32.8 million, w…

James River Group posts Q2 net income of $5m

August 7, 2024

James River Group Holdings Ltd has reported net income of $5 million in the second quarter of the year.
Net income from continuing operations available to common shareholders was $11.9 million.
Th…

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Blaze in undergrowth tackled by firefighters

August 7, 2024

Traffic was being diverted away from a brush fire in Pembroke as of 12.30pm.
A Bermuda Police Service spokeswoman said the Bermuda Fire and Rescue Service were at the scene near The Glebe Road and P…

Everen Group appoints Foskey as president and CEO

August 7, 2024

The Bermudian-based Everen Group, a group of leading energy insurance companies, has appointed Robert Foskey as its new president and chief executive.
“I am honoured and excited to take on the role of…

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Portals: BSOA Summer Members Show

August 7, 2024

Portals: BSOA Summer Members Show (Photographs by Akil Simmons)

It’s him again! Dion Stovell nabs Safe Hands Award

August 7, 2024

Dion Stovell’s exploits in the 2024 Cup Match have earned him the Bermuda Healthcare Services Calvin “Bummy” Symonds Safe Hands Award.
The Somerset all-rounder joined an elite group of bowlers in reco…

Unbeaten Bermuda set up showdown with Dominican Republic

August 7, 2024

Bermuda 2 Cayman Islands 0

Goals from Evans Welch and Miyari Trott saw Bermuda keep up the pressure on Dominican Republic in group F at the Concacaf Girls Under-15 Championship in Trinidad &…

Shelby Madeiros inspires bounceback against Aruba

August 7, 2024

Bermuda made amends for the 3-0 loss to Costa Rica on the opening day of the Billie Jean King Cup Americas group three tournament in Tacarigua, Trinidad & Tobago, by defeating Aruba 2-1 yesterday….

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Woman admits creating and using fraudulent gift card

August 7, 2024

A woman who admitted buying a gaming console with a fraudulent gift card will be sentenced next month after social reports.
Zaenazja James, 22, pleaded guilty to stealing $700 worth of MarketPlace sto…

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Temporary traffic changes for Spurling Hill works

August 6, 2024

Several traffic changes are in the works for a section of the Hamilton to make way for extensive roadworks at Spurling Hill on the city’s eastern verge, the Corporation of Hamilton said today.
City Ha…

Bermuda triumph over Cayman Islands

August 6, 2024

Bermuda 2 Cayman Islands 0

Goals from Evans Welch and Miyari Trott saw Bermuda keep up the pressure on Dominican Republic in group F at the Concacaf Girls Under-15 Championship in Trinidad &…

SiriusPoint delivers Q2 net income of $109.9m

August 6, 2024

SiriusPoint Ltd, the Bermudian-headquartered global specialty insurer and reinsurer, has reported net income available to common shareholders of $109.9 million in the second quarter of the year.
Core …

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Kathy Lynn Simmons resigns as an MP

August 6, 2024

A Progressive Labour Party MP whose departure from Cabinet was announced yesterday by David Burt, the Premier, has resigned as the representative for Sandys North (Constituency 36).
Kathy Lynn Simmons…

StarStone ratings unaffected by parent company’s sale

August 6, 2024

The credit ratings of StarStone Insurance Bermuda Ltd and its subsidiary, StarStone Insurance SE of Lichtenstein, are unchanged following the announcement that their parent company, Enstar Group Ltd, …

Everest Group records Q2 net income of $724m

August 6, 2024

Record net investment income helped propel Bermudian-based Everest Group Ltd to deliver second quarter net income of $724 million.
The company reported $4.7 billion in gross written premium with year-…