Royal Gazette | Bermuda News Updates

Butterfield up 84 cents on NYSE

July 3, 2023

The RG/BSX Index closed on Monday unchanged at 2,073.69 after a day of no trading.
Overseas, Butterfield Bank closed up 84 cents (3.07 per cent) at $28.20 on the New York Stock Exchange.

R&Q Insurance posts pre-tax operating loss of $33.3 million

July 3, 2023

R&Q Insurance Holdings Ltd, the Bermudian-based non-life global specialty insurance company focusing on the programme management and legacy insurance businesses, has reported a group pre-tax oper…

KPMG to showcase career paths at student networking event

July 3, 2023

KPMG in Bermuda is to hold a networking event next week to showcase the career paths that students can follow at the firm.
The bi-annual event, K-Nect, is aimed at providing middle, senior, and colleg…

Presidential appointee to deliver keynote at Captive Conference

July 3, 2023

An appointee of US President Barack Obama is to be the keynote speaker at the Bermuda Captive Conference in September.
Carla Harris, a senior client adviser at Morgan Stanley, the investment bank and …

American Overseas Group reports quarterly net income of $1.4 million

July 3, 2023

American Overseas Group Limited, the insurance holding company incorporated in Bermuda, has reported consolidated net income available to common shareholders of $1.4 million, or $30.44 per diluted sha…

Assured Guaranty deal closes

July 3, 2023

Bermudian-based holding company Assured Guaranty Ltd has announced the completion of the combination of substantially all of its asset management business, other than Assured Healthcare Partners LLC, …

Carey Olsen promotes Honor Desmond-Tetlow to counsel

July 3, 2023

Honor Desmond-Tetlow, a lawyer in the Bermuda office of international law firm Carey Olsen, has been promoted to counsel.
Ms Desmond-Tetlow, who practices in the dispute resolution and litigation team…

Appleby’s Caljonah Smith to speak at trusts conference

July 3, 2023

Caljonah Smith, counsel in the Bermuda office of international law firm Appleby, is to feature on a panel at the Transcontinental Trusts: Bermuda 2023 conference taking place Wednesday through Friday …

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Canadian pleads not guilty to importing cannabis

July 3, 2023

A Canadian has denied bringing almost $1 million worth of cannabis into Bermuda.
Nyongo-Eric Sampassa, 31, also plead not guilty to having the drug with intent to supply when he appeared in the Supre…

Bermuda Pacers to showcase budding skills at Ontario track meet

July 3, 2023

Carifta Games medal winners J’auza James and Jaeda Grant are among a Bermuda Pacers Track Club contingent competing at the Flying Angels International Track and Field Championships in Ontario, Canada,…

SiriusPoint and Compre complete reinsurance LPT

July 3, 2023

Two Bermuda headquartered companies have partnered on a second, significant ground-up loss portfolio transfer of a diversified portfolio of primarily reinsurance business.
The global underwriter Siriu…

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Club Match documentary to be screened and discussion held

July 3, 2023

Members of the cricketing fraternity will host a panel discussion following a film honouring the legacy of Cup Match on Wednesday.
In recognition of Emancipation, the Department of Culture will scree…

PJ Rodrigues and Christian Ebbin excel on debut at US Youth Championship

July 3, 2023

Bermuda’s PJ Rodrigues and Christian Ebbin surpassed their expectations on their debut at the US Youth Championship in Bristol, Rhode Island.
The promising sailors secured an impressive fifth-place fi…

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US ‘incompetence’ at fault for Brockman

July 3, 2023

The Government claims a report by US lawmakers which branded Bermuda a “well-known tax haven” where the wealthy can hide money from tax authorities by using “shell banks” was “inaccurate” — but did no…

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Ghost of Brockman hangs over Bermuda company winding-up order

July 3, 2023

A Bermuda company that was allegedly used to hide more than $2 billion from the United States Government is still being wound up — almost a year after the death of the elderly tycoon accused of contro…

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No price too high for media freedom

July 3, 2023

The parent company of The Royal Gazette has spent close to $450,000 on a legal battle with a “self-described figurehead” of billionaire Robert Brockman’s alleged tax evasion scheme.
Jonathan Howes, c…

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Lawyer who was meant to be key witness in largest-ever US tax evasion case

July 3, 2023

A lawyer who worked in Bermuda for the best part of 20 years failed in his attempt to have references to his consultancy firm struck out of the largest criminal tax evasion prosecution in United State…

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Secretive billionaire accused of one of biggest tax crimes in US history

July 3, 2023

Billionaire Robert Brockman’s tax fraud case made headlines around the world and Bermuda was at its centre for all the wrong reasons. Sam Strangeways looks back at how the island became embroiled …

‘I’ll look back and cherish the moment for the rest of my life’

July 3, 2023

For every athlete who represents their country, standing on a podium at a major international Games represents an unmatched thrill.
Emma Harvey is one of Bermuda’s newest medal winners after winning a…

Low housing stock drives rents through the roof

July 3, 2023

There is an “absolutely huge” crisis in the rental market in Bermuda at all levels, according to Bermuda’s realtors, with record lows in rental units for medium and low-cost renters.
That means Bermud…

New economic body to advise Government on way forward

July 3, 2023

A newly formed government advisory body, the Economic Development Advisory Board, has been established.
It collaborated with the Ministry of Economy and Labour as the ministry produced the Economic De…

Mental health and productivity

July 3, 2023

It has been nearly two weeks since my boss asked if I would write an article on mental health and productivity in the workplace.
In my haste to be the model employee and to prove my worth to the comp…

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Missing teen found

July 3, 2023

The police thanked the public after a missing teen was located safe and well.
According to a statement issued yesterday afternoon, 16-year-old Tejah Bean was last seen on Saturday night at about 11.3…

Treadwell Gibbons propels Cleveland into KO Cup final

July 3, 2023

Lord’s, St David’s (Western Stars won toss): Cleveland County beat Western Stars by 26 runs

Cleveland County secured their spot in the Bermuda Cricket Board Knockout Cup final after coming away v…

Bowling team finally see action at CAC Games

July 2, 2023

Bermuda’s bowling team have started making up for lost time after finally getting their Central American and Caribbean Games campaign started in El Salvador on Sunday.
The six-man contingent of Dennis…

Stephen Outerbridge makes most of recall to steer Bailey’s Bay into final

July 2, 2023

White Hill Field (Somerset won toss): Bailey’s Bay beat Somerset by two wickets

Bailey’s Bay kept their unbeaten season alive after a thrilling win in the BCB Knockout Cup semi-final over Somers…

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Man dies in Dockyard after falling into the water

July 2, 2023

A 23-year-old man died yesterday after he reportedly fell into the water in Dockyard.
A police spokesman said that at around 9.15am on Saturday police received a report that a man had fallen from a wa…

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Summit held to keep students on the right track

July 2, 2023

Students gathered over the weekend at the Say It Loud Summit intended to keep them on the right track.
The event was organised as part of the I Am programme, which was launched by the Ministry of Nati…

Climate Summit economic impact estimated at $1.1 million

July 2, 2023

The short-term economic impact of the Bermuda Climate Summit has been estimated at $1.1 million, and supported 311 local jobs, the Bermuda Business Development Agency has reported.
The BDA, co-present…

Laser Light completes registration in Bermuda

July 2, 2023

Laser Light Holdings Ltd, the owner/operator of an emerging global optical platform, has completed its corporate registration in Bermuda.
As a Bermuda registered and based company, it said, Laser Ligh…

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Police seek help in locating missing teen

July 2, 2023

The police are seeking help in locating a missing teen.
According to a statement issued on Sunday afternoon, 16-year-old Tejah Bean was last seen on Saturday night at about 11.30pm.
A police spokesm…

Caitlin Conyers completes national title treble

July 2, 2023

Caitlin Conyers completed a full house of 2023 national cycling titles after prevailing in the Criterium Championships in St David’s on Sunday.
After already winning both the road race and time-trial …

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Bermuda Healthcare Services celebrates 30th anniversary

July 2, 2023

A health practice set up to provide Bermudians with “more choice in healthcare” celebrated its 30th anniversary this week.
Bermuda Healthcare Services held a reception for patients and staff yesterday…

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Minister optimistic about UN gender-equality programme

July 2, 2023

In a session of the House of Assembly, the Minister of Social Development and Seniors updated the public on a project being undertaken with the United Nations Development Programme.
The Building Back …

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Defence attorney: client did not leak pornographic images

July 2, 2023

Evidence against a man accused of a slew of child pornography charges will prove he is innocent, a Supreme Court jury heard yesterday.
During her closing statement, defence lawyer Elizabeth Christophe…

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Harrington Sound hotel cottage plan recommended for approved

July 2, 2023

Plans to build a hotel cottage at the site of a former pump house on the coast of Harrington Sound have been recommended for approval despite objections.
A report by a planning officer said the projec…

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Cancer and Health Centre staff take refresher course

July 2, 2023

Staff at the Bermuda Cancer and Health Centre have recently honed their skills by completing a refresher course to help improve mammogram efficiency.
A spokeswoman for the cancer charity said its team…

Patient appreciation reception

July 2, 2023

Bermuda Healthcare Services has celebrated its 30th anniversary with a patient appreciation reception, hosted by Ewart Brown, the owner and Bermuda’s former Premier.
Long-service employees were recogn…

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Affirmative-action ruling follows half-baked logic

July 2, 2023

So it’s over. Seriously. It is hard to find a simple workaround to rescue affirmative action in college admission after the 6-3 Supreme Court ruling on Thursday that the programmes at Harvard and the …

Warwick beat holders Rangers in Western Counties first round

July 1, 2023

White Hill Field (Warwick won toss): Warwick beat Southampton Rangers by 2 wickets

Malachi Jones and guest player Delray Rawlins starred with ball and bat to help Warwick beat defending champion…

Bermuda record impressive win over Puerto Rico at CAC Games

July 1, 2023

Yvonna Osborne, Maha Clarke, Georgia Harris and Alyssa DeSilva delivered the goals that handed Bermuda’s women hockey team their first win at the Central American and Caribbean Games, a remarkable 4-0…

Delray Rawlins returns to his roots to help Warwick’s Western Counties title bid

July 1, 2023

Delray Rawlins is poised to make his first appearance for childhood club Warwick in their Western Counties first-round clash with holders Southampton Rangers at White Hill Field today.
The all-rounder…

Insurance in its many forms – a financial safety net

July 1, 2023

Can you think of any act, any decision, any avoidance or choice that can be contemplated that does not involve risk?
The personal priorities of life, health, property and casualty insurance are among …

You will always end up paying more using credit cards

July 1, 2023

Dear Dave,
I know you recommend using cash or debit cards instead of credit cards. But can you explain why my husband and I should not take advantage of credit card points for travel expenses that are…

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MPs back broader child support as part of wider safety net

July 1, 2023

Legislation boosting access to child daycare support has won Opposition backing in the House of Assembly.
The debate raised questions about legislators’ duty to vulnerable Bermudians versus the island…

Extreme caution warning issued for Hamilton powerboat race

July 1, 2023

The Bermuda Power Boat Association has strongly urged the boating public to exercise “extreme caution” during inshore racing in Hamilton Harbour tomorrow.
The announcement comes in the wake of two sep…

Billfish arrive on cue ahead of Triple Crown opener

July 1, 2023

Wow, where did June go?
It is already July and here we are well into the summer angling season.
And it is a bit of a different one. Whether it has been the month-long rainy season that was May and in…

Yushae DeSilva-Andrade and Omar Hayward clinch silver medals in Chile

June 30, 2023

Yushae DeSilva-Andrade and Omar Hayward enjoyed medal triumph after winning silver at the World Boccia Challenger event in Santiago, Chile.
Having been in dominant form throughout her first three matc…

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Economic development strategy gets broad support

June 30, 2023

MPs held a lengthy debate today on the future of the island’s economy over the next four years.
Jason Hayward, the Minister for Labour and the Economy, put forward a motion that “this honourable House…

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East End clinic cuts hours this Sunday

June 30, 2023

The Lamb Foggo Urgent Care Centre is on reduced hours this Sunday, the Bermuda Hospitals Board announced.
The clinic in St David’s is normally open from 9am to 9pm on weekends.
The UCC will be accessi…