Royal Gazette | Bermuda News Updates

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Everest appoints two leaders

Bermudian-based Everest Group Ltd has made two leadership appointments to the company’s claims operations.
Everest said Andrew McBride has been promoted to group chief claims officer, where he will le…

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‘Her legacy will continue to inspire us’

Insurance company, Argus Group, announced today that its former chairman Sheila Nicoll, has died.
Paying tribute, Alison Hill, chief executive of Argus, said Ms Nicoll’s distinguished career and sign…

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Clarien appoints Lola Myshketa as new head of private banking

Clarien Bank has appointed Lola Myshketa as its new senior vice-president, head of private banking, the company said today.
According to a statement, Ms Myshketa will spearhead the strategic expansion…

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Shane Madeiros and Errin Butterfield step up hunt for season honours

Shane Madeiros and co-pilot Errin Butterfield produced a dominant display to consolidate their lead in the A class in the Season Points Series at Ferry Reach on Sunday.
The pair achieved victories in …

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Elizabeth Harris contributes to new book on hurricanes

An executive in the Bermuda office of Ariel Re has contributed to a chapter in a new book looking at how hurricanes and tropical cyclones are evolving, and have become more destructive.
Elizabeth Harr…

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Mosaic appoints Toby Smith as Americas CEO

Veteran specialty market executive Toby Smith has joined Mosaic Insurance as Americas CEO.
The Bermudian-based company said Mr Smith, based in New York, is a top-ranking industry figure who will becom…

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AM Best affirms ratings of Everest Group subsidiaries

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa-” (Superior) of the operating subsidiaries of Bermudian-based Everest Group Ltd, incl…

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Inmaculada Gonzalez to join SiriusPoint

SiriusPoint Ltd, the Bermudian-based global specialty insurer and reinsurer, has appointed Inmaculada Gonzalez as global head of ceded reinsurance, effective August 19.
Based in New York, Ms Gonzalez …

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Tony Bishop in expanded role at Aspen Insurance

Bermudian-based Aspen Insurance Holdings Ltd has appointed Tony Bishop as chief data and analytics officer.
In his expanded role, reporting to Rob Houghton, Aspen group chief operating officer, Mr Bis…

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California man charged with conspiring to import guns

An American man was remanded into custody this morning after he was accused of plotting to smuggle guns, drugs and ammunition into Bermuda.
Jose Humberto Alvarez Tostado Puga, 58, was charged with con…

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LeiLanni Nesbeth makes memorable White House visit

LeiLanni Nesbeth made the most of her invitation to the White House on Monday.
The Bermuda and Chicago Red Stars midfielder accompanied her former Florida State University team-mates at the NCAA Champ…

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Dion Stovell and Stephen Outerbridge revel in Eastern Counties milestones

Cleveland County all-rounder Dion Stovell has dedicated his historic batting milestone in the Eastern Counties competition to his club’s supporters and the Harris Bay community.
With a single off Bail…

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Clyde Best urges Bermuda players to make most of Triangle Cup opportunity

Clyde Best is delighted to see his former club West Ham United participating in the Bermuda Triangle Cup this week.
The English Premier League outfit will be represented by their Academy team in the s…

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Charity ‘disheartened’ by burglary

Education volunteers are dismayed after the “safe space” of their school charity in Pembroke was targeted by an overnight burglar, who stole cash and equipment.
Doyle Butterfield, the managing directo…

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Murder victims aspired to pursue their academic dreams

Several months before he and his cousin were fatally shot, Razi Garland dreamt of becoming a psychologist, a career he thought was necessary to counsel the island’s teenagers through high school.
“I w…

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Business fear over sustainability if costs keep rising

Many businesses are worried about the sustainability of their operations if costs continue to rise without corresponding increases in revenue, the Bermuda Chamber of Commerce has warned.
Recently, the…

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Hefty donation to WindReach to boost its programmes

The animal therapy charity WindReach has a received a $25,000 donation from the Aurum Kaleidoscope Foundation.
The charity said the donation was pivotal, as the non-profit is celebrating 25 years of p…

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Butterfield Bank reports Q2 net income of $50.6m

Butterfield Bank has reported net income for the second quarter of 2024 of $50.6 million.
That compares with net income of $53.4 million for the previous quarter, and $61 million for the second quarte…

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Belco forced to recalculate energy costs after tax cuts

Data used to calculate electricity rates is being “reforecast” after legislation tabled in the House of Assembly slashed a customs duty on fuel for energy by 60 per cent.
Belco said today that the bas…

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‘Just the fact that this happened to us is disheartening’

Education volunteers are dismayed after the “safe space” of their school charity in Pembroke was targeted by an overnight burglar, who stole cash and equipment.
Doyle Butterfield, the managing directo…

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Work begins on new hospice facility in Warwick

Ground has been broken on a new hospice facility intended to improve care options on the island.
Community partners and board members of the Friends of Hospice took part in a groundbreaking ceremony f…

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Man arrested on suspicion of money laundering

A man was arrested on suspicion of money laundering after he was found with a large quantity of cash at LF Wade International Airport on Saturday.
A spokesman for the Bermuda Police Service said polic…

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Flatts keep promotion hopes alive by beating Devonshire Rec

Flatts capitalised on the defeat of fellow promotion hopefuls Devonshire Rec to keep alive their hopes of playing top-flight cricket next season.
The east enders came away with a seven-wicket win over…

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Minister ‘committed’ to addressing inmates’ concerns

Concerns were raised by representatives of prisoners at a meeting with the Treatment of Offenders Board, the Government said this afternoon.
Michael Weeks, the Minister of National Security, noted: “W…

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Premier to address the public on relief measures

David Burt, the Premier, will make a “special address to the people of Bermuda” tomorrow afternoon, it was announced today.
A government spokeswoman said: “The Premier’s message will be in keeping wit…

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Through-traffic restriction at KEMH this week

Through traffic will not be permitted on the campus of the King Edward VII Memorial Hospital between Point Finger Road and Berry Hill Road for three days from Wednesday.
The Bermuda Hospitals Board sa…

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Global Atlantic to hire at least 20 Bermudians during expansion

Bermudian-based reinsurance firm Global Atlantic’s generosity to local scholarship programmes is paying off.
It has plans to expand its staff from 60 to 85 in the next year, with most of its new hire…

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KCC: no scientific consensus on trends in SCS frequency or severity

Bad weather in 2023, particularly severe convective storms, drove an average combined ratio for American homeowners’ insurers to 111 per cent, leading to credit rating downgrades for dozens of compani…

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Directors liable for Pipa compliance failure

There are several aspects of an enterprise’s use of data that now must land on the boardroom table of Bermuda organisations, including cybersecurity oversight. Compliance with the island’s Personal In…

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Human rights report highlights rental discrimination

Experiences of landlord preferences for tenants who were “not local”, not parents, not on financial assistance and who would not have guests — “especially Black men” — were documented in the Human Rig…

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St George’s celebrations on hold as Bailey’s Bay complete winning weekend

Sea Breeze Oval (St George’s won the toss): Bailey’s Bay beat St George’s by six wickets

Bailey’s Bay forced St George’s to put their Premier Division 50 overs title celebrations on hold after h…

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Somerset win relegation battle against Western Stars

Somerset Cricket Club (Western Stars won toss): Somerset beat Western Stars by five wickets.

In a game of significant consequences, Somerset Cricket Club relegated Western Stars to the BCB First …

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Biden ends re-election campaign and endorses Harris

US President Joe Biden has stood down his campaign for re-election and endorsed Vice-President Kamala Harris to succeed him as the Democratic presidential candidate.
In a statement posted on X, he con…

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Jah-Nhai Perinchief and Adriana Penruddocke to carry flag at Olympic opening ceremony

Jah-Nhai Perinchief and Adriana Penruddocke will carry the Bermuda flag during the opening ceremony at the Olympic Games on Friday.
Sailor Penruddocke was the first member of the Bermuda team to quali…

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Equine Flora takes leaf out of Dame Flora’s book with huge win

While Dame Flora Duffy has been at the top of the triathlon tree for some time, the equine version seems to have finally got her act together.
Owned by Bermuda racing, Flora Of Bermuda produced the be…

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Cyclist suffers head injuries in morning collision

A cyclist was seriously hurt in a collision with a car this morning, police said.
A spokesman for the Bermuda Police Service said that officers and first responders were called to Pitts Bay Road, Pemb…

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Corporate income tax agency law passed

Legislation that will allow for the creation of an agency to administer the collection of corporate income tax was passed in the House of Assembly on Friday.
The Corporate Income Tax Agency Act 2024 w…

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Cruise line to launch Bermuda-Philadelphia voyages

Bermuda has been selected as the destination for the first cruise ships out of Philadelphia in more than a decade.
Norwegian Cruise Lines announced that it will offer cruises from the US East Coast ci…

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Delray Rawlins hits century as Bailey’s Bay defend Eastern Counties crown

Lord’s, St David’s (Bailey’s Bay won toss): Bailey’s Bay beat Cleveland by 142 runs

Bailey’s Bay defended their Eastern Counties Cup crown with a runaway, 142-run victory over challengers Clevela…

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Battling grocery store inflation

There is no better indication of inflation than shopping at the grocery store. Items that were only $4 a year ago now have a price tag of $5.50, if not more. Although a $1.50 increase doesn’t seem muc…

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Cleveland hungry for Eastern Counties success

Clevie Wade, the Cleveland County coach, is adamant his team can dethrone champions Bailey’s Bay in the opening round of the Eastern Counties series at Lord’s today.
Wade says his team have put in the…

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West Ham United academy thrilled to be making return to Bermuda

West Ham United’s academy team are looking forward to the challenges of competing in the Bermuda Triangle Cup.
The young squad at the Premier League club recently commenced their pre-season training a…

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Jamar Stovel’s hopes of Cup Match recall dashed by injury

Jamar Stovel will have to wait at least another year to try and reclaim his spot in St George’s Cup Match team after being ruled out by injury.
The 20-year-old seamer was among those seeking recalls i…

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Powerboat racing set to heat up at Ferry Reach

Shaki Easton will renew his rivalry with Steven Mireles in a closely fought battle for the National Championship and Season Points Series titles when powerboat racing resumes at Ferry Reach tomorrow.
…

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Miguel Power makes his final North American Championship count

Miguel Power made sure he improved on his last year’s display in his last appearance at the Optimist North American Championship by finishing 21st overall out of 180 and ninth among the North American…

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Rider taken to hospital after crash in Sandys

Police attended a “serious” crash in Sandys last night when a rider was taken to hospital for treatment of injuries.
A Bermuda Police Service spokeswoman said that at about 9.25pm officers and other f…

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AM Best affirms ratings of Assured Guaranty subsidiary

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa” (Superior) of Bermudian-based Assured Guaranty Re Overseas Ltd.
The outlook of these …

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News / Royal Gazette

Minister reveals sides near to resolution in Belco dispute

The two sides in a labour dispute at electricity supplier Belco spent more than five weeks trying to reach an agreement before the matter was sent to arbitration.
Today a government spokesman confirm…

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House fast-tracks energy tax break, but at a cost

The Government has channelled its stronger-than-expected financial position into a customs duty break that is expected to offset an increase in electricity bills set to come into effect “on or after” …

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New Orleans duo sentenced to ten months in prison

Two men from New Orleans caught with more than $28,000 at the airport when they planned to fly back to the US were sentenced today to ten months behind bars.
Thaddeus Ramsey, 29, and Merrill Boyd, 35,…

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