Royal Gazette

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the members of Athen…

Ordered by the Bermuda Supreme Court to pay hundreds of millions of dollars to a defrauded Georgian billionaire, the embattled Swiss bank, Credit Suisse, has now met a similar fate in a related case i…

Bermudian-based Everest Re Group Ltd has appointed Ricardo Anzaldua as executive vice-president and group general counsel, effective June 12.
Mr Anzaldua will report to president and CEO Juan C Andrad…

Shareholders of the The Bank of N.T. Butterfield & Son Limited held their annual general meeting in virtual format Wednesday morning, re-electing the bank’s board.
Returned as directors were Micha…

Nestor Lopez has become chief technology officer at Bermudian-based global specialty insurer SiriusPoint.
Mr Lopez was most recently chief Information officer, and replaces Darryl Siry, who will be le…

Bermudian-based Signet Jewelers Limited, the world’s largest retailer of diamond jewellery, has named Rob Ballew as SVP, investor relations effective May 30.
He will report to Joan Hilson, chief finan…

The 19th Bermuda Captive Conference September 12 and 13 at the Hamilton Princess Hotel & Beach Club will feature a novel dimension this year with the newly-launched Bermuda Captive Network.
Organi…

Lloyd’s has appointed Rachel Turk in the new role of chief underwriting officer.
She will report to Lloyd’s chief of markets, Patrick Tiernan, and her start date will be announced in due course, the o…

Trust in our institutions and in each other has been in decline since the 1970s, according to much research. This applies to governments, politicians, businesses, religions, media and related informat…

Dear Dave,
I’m 61, and I hope to be able to retire soon, but I’m watching my retirement savings completely eroding away day after day. The only place I’m not losing money is $180,000 I have sitting in…

Argo Group International Holdings Ltd, the Bermudian-based specialty insurer, is revamping and growing its surety business.
Argo has an agreement with North American insurer, Trisura Group Ltd, to sup…

More than 70 speakers have been lined up for Transcontinental Trusts: Bermuda 2023, the annual conference of the trusts industry.
The three-day conference, July 5-7, will be held at the Hamilton Princ…

Thursday was a busy day at the board level of a Bermuda-domiciled financial services holding company.
Weston M. Hicks was elected chairman of the board of White Mountains Insurance Group, Ltd., replac…