Royal Gazette | Bermuda News Updates

Asafa Powell among top athletes coming to Bermuda

May 16, 2023

Some of the world’s top athletes will descend on Bermuda for the USATF Bermuda Grand Prix at Flora Duffy National Stadium on Sunday.
In a video produced by the Bermuda Tourism Authority on social med…

Dominique Mayho picks up another win in Gnosis Criterium

May 16, 2023

Dominique Mayho won the Gnosis Criterium road race on Sunday.
Mayho, of VT Construction, crossed the finish line in a time of 39 minutes, 48.107 seconds, nearly 30 seconds ahead of his team-mate Jami…

Somersfield Academy dominates schools badminton final

May 16, 2023

Somersfield Academy picked up an impressive medal haul at the Bermuda School Sports Federation Middle School Girls Badminton Finals on Tuesday.
Somersfield produced all four semi-finalists in the over…

Dage Minors frustrated as injury costs him place at USATF Grand Prix

May 16, 2023

Dage Minors has been left frustrated after being forced to withdraw from the USATF Bermuda Grand Prix ton Sunday because of a knee injury.
The 27-year-old enjoyed the ideal preparation after being cro…

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‘Wolf in sheep’s clothing’ found guilty of sex offences against sisters

May 16, 2023

A jury this evening convicted a 59-year-old man of a string of sex offences against two sisters that took place more than 25 years ago.
After several hours of deliberation, John Dexter Seaman was foun…

Golden Ocean nets loss, looks to future

May 16, 2023

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, has posted a net loss of $8.8 million for the first quarter of 2023, after earning $68.2 million for the fo…

Five new insurers registered in April

May 16, 2023

The Bermuda Monetary Authority confirmed the registration of five insurers in April, taking the yearly total to 19.
The BMA approved two Restricted SPI insurers — Purple Re Ltd and Bayou Re Ltd — as w…

Paysafe loses on Q1 earnings

May 16, 2023

Paysafe Limited, the Bermudian-incorporated specialised payments platform, has reported a net loss for the first quarter of $3.8 million.
That compares with a loss of $1.17 billion in the prior year q…

IGI posts strong first quarter results

May 16, 2023

International General Insurance Holdings Ltd. has begun 2023 with a first quarter profit of nearly $40 million, an improvement over the same period to March 31, 2022.
IGI Chairman and CEO Mr Wasef Jab…

Mark Adams promoted to counsel at MJM

May 16, 2023

Law firm MJM Limited has promoted Mark Adams to the position of counsel.
Mr Adams’ practice, within the Corporate and Finance Team, focuses on all areas of corporate, finance and banking law.
His ext…

Flex LNG maintains positive long-term view

May 16, 2023

Bermudian-based Flex LNG Ltd, the liquefied natural gas shipping company, has reported net income of $16.5 million for the first quarter of 2023, a drop compared to net income of $41.4 million recorde…

Vantage appoints US financial lines leader

May 16, 2023

Bermudian-based Vantage Group Holdings Ltd has appointed Richard Wall as head of US financial lines.
Mr Wall will be based in Connecticut and report to Alex Blanco, Vantage’s chief executive, insuranc…

Beth Boucher joins Hiscox board

May 16, 2023

Beth Boucher has been appointed as an independent non-executive director at Hiscox Ltd, the Bermudian-based international specialist insurer.
The company said the appointment is subject to regulatory …

Convex GWP rising about $1bn a year

May 16, 2023

Gross written premium is soaring for Convex Group Limited, the Bermudian-based international specialty re/insurer.
The company wrote 2022 GWP of more than $3 billion, up 43 per cent from $2,115 millio…

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Heritage journey through history to promote learning

May 16, 2023

A two-part walk through the community’s shared history has been organised for Sunday aimed at “bringing people together around the theme of learning”.
Glenn Fubler of the group Imagine Bermuda was joi…

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Community service could help man pay off some unpaid fines

May 16, 2023

A man who owes more than $5,000 in unpaid fines might be able pay some of them off through community service, a court was told.
Kenyade McQueen, 20, was fined almost $2,000 in Magistrates’ Court yeste…

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Charity appoints Marion Dyer as new executive director

May 16, 2023

A preschool principal who is also trained in trauma support is to take on the lead role at a home to help women and their children.
Marion Dyer will become the executive director at the Transformation…

‘The only thing better than Marco Warren the player was Marco Warren the man’

May 16, 2023

Those who had the biggest influence on Marco Warren’s development as a footballer yesterday paid moving tributes to the PHC captain, who died on Sunday at the age of 29.
Former coaches have described …

Dramatic rise in online shopping imports

May 16, 2023

The increase in online shopping has meant an explosion in the courier business volume.
The percentage of overseas purchasing imported through courier companies continues to rise, as the total retail i…

Crypto companies flee US troubles to balmy Bermuda

May 16, 2023

Digital asset business publications are increasingly citing Bermuda‘s regulatory leadership, including articles this week pointing to the island as a viable home for cryptocurrency business.
One publi…

New requirements for re/insurers

May 16, 2023

Legislation governing the island’s insurance sector is to be amended to empower the Bermuda Monetary Authority to require commercial insurers to develop a recovery plan.
The Insurance Amendment Act …

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Second alleged victim claims she was blackmailed into sending nude pictures

May 16, 2023

Another young woman told the Supreme Court yesterday that she had been blackmailed into sending nude images of herself to a Facebook account for more than a year.
The witness, who said she was under t…

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Heslop: tobacco tax rate ‘unjust’

May 16, 2023

A local cigarette manufacturer given a multimillion-dollar discount on customs duty by the Government claims the usual tax on imported loose-leaf tobacco is “unjust”.
Michael Heslop, owner of The Smok…

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Jury hears closing arguments in historical sex assault case

May 16, 2023

A Supreme Court jury in an historical sex assault trial was asked yesterday if they trusted the evidence of the alleged victims.
As the trial came to a close, Charles Richardson, for the defence, remi…

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Road Safety Week 2023 launched

May 16, 2023

In order for the island’s roads to be safer, the driving culture and attitude must change, a member of the Bermuda Road Safety Council said.
Dejon Simmons, who was involved in a serious bike crash wh…

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Three-year ban for repeat offender who refused to take breath test

May 16, 2023

A man who crashed his bike in Paget has been disqualified from driving all vehicles for three years.
Andrew Spencer-Arscott, 31, from Paget, admitted to not giving police a breath sample when he appe…

Lower Q1 profit for ship owner SFL

May 15, 2023

First quarter net profit at Bermudian-based SFL Corporation Ltd has plummeted year-over-year – from $47 million in 2022 to $6.3 million this year.
SFL, one of the world’s largest ship-owning companies…

Bank stock closes higher on NYSE

May 15, 2023

The RG/BSX Index closed unchanged at 2,125.00 upon no trading on the Bermuda Stock Exchange on Monday.
The Bank of NT Butterfield & Son Ltd closed up 43 cents (1.82 per cent) at $24.10 on the New …

Tod Slyngstad’s Nemo crew first to finish Antigua Bermuda Race

May 15, 2023

Tod Slyngstad’s HH 66 catamaran Nemo was the first to reach the island’s shores in this year’s Antigua Bermuda Race.
The crew were the first of the six-boat fleet to cross the finish line off St Georg…

Mixed fortunes for triathletes Tyler Smith and Erica Hawley

May 15, 2023

Bermuda triathletes Tyler Smith and Erica Hawley enjoyed differing fortunes in their respective elite-level races overseas at the weekend.
It proved a successful outing for Smith, who clinched his pla…

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Indian rubber tree which collapsed on preschool cut down

May 15, 2023

A 147-year-old Indian Rubber Tree planted by former Hamilton postmaster William Bennett Perot has been cut down after being found to be full of decay.
Part of the tree, which was planted in 1847, coll…

David Brown appointed new chairman of Hamilton Insurance

May 15, 2023

David A Brown has been appointed to the role of chairman of the board of directors at Hamilton Insurance Group Ltd, the Bermudian-headquartered global specialty re/insurer.
Mr Brown, a long-standing m…

Excellent credit ratings affirmed at Nectaris Re

May 15, 2023

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” (Excellent) of Nectaris Re Ltd, the operating subsidiary of Nectaris Holdings Ltd, bo…

Belco hosts safety training seminars

May 15, 2023

A series of safety training seminars were featured as Bermuda’s electricity provider held the company’s annual Occupational Health, Safety and Environment Day.
Belco said OHSE Day was held this year w…

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Football MVP Marco Warren named as victim of hit-and-run

May 15, 2023

The victim of a fatal hit-and-run collision in the early hours of Sunday was named today by police as Marco Warren — the father of a young son, and an influential footballer and captain of the PHC tea…

Bermuda gymnasts wrap up season in style in Canada

May 15, 2023

A strong travelling contingent from the Bermuda Gymnastics Association concluded their competitive season in style with a stellar showing at the Burlington Spring Cup in Canada.
Chief among the 12 gym…

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Harbour Nights set to be ‘largest and most exciting yet’

May 15, 2023

This summer’s Harbour Nights season is set to be bigger than previous years with almost 100 vendors taking part in the weekly street festival.
Amanda Duncan, marketing and events specialist for the B…

Champion Chris Estwanik to skip Bermuda Half-Marathon Derby

May 15, 2023

A new men’s champion will be crowned in this year’s Bermuda Half-Marathon Derby as Chris Estwanik has opted not be defend his title in the prestigious 13-mile race from St George’s to Bernard Park.
“I…

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Man dies after suspected hit-and-run incident

May 15, 2023

A man died after a suspected hit-and-run incident early on Sunday morning, police said.
The 30-year-old was found unconscious on the road just west of the junction at Trinity Church Road and North Sho…

Food inflation drives up the cost of eating out

May 15, 2023

Issues such as soaring wholesale food costs have struck restaurants hard, forcing menu price adjustments. And it is not just a Bermuda problem.
On both sides of the Atlantic the complaints are loud, w…

Bermuda high on internet pricing list

May 15, 2023

Bermudians pay more for internet than almost anyone else on the planet, a recently published UK study of 219 countries has found.
Cable.co.uk creates databases to allow UK buyers to compare broadband,…

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Man, 31, denies charge of intruding on a woman’s privacy

May 15, 2023

A Hamilton Parish man denied intruding on a woman’s privacy when he appeared in Magistrates’ Court last week.
The 31-year-old, who cannot be identified for legal reasons, also pleaded not guilty to s…

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BUEI to host talk on Pacific marine protection scheme

May 15, 2023

A key player in a drive by residents of a Pacific island to protect their waters will give a talk at the Bermuda Underwater Exploration Institute next month.
Ludovic Burns Tuki, of Rapa Nui – known to…

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Seniors invited to event aimed at reducing risk of elder abuse

May 15, 2023

Seniors were invited to come together for an event designed to raise awareness about the risks of elder abuse.
The gathering next month will include entertainment, presentations and information statio…

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BHS students gain global experience through exchanges

May 15, 2023

A foreign exchange programme for students at Bermuda High School has been reinstated after a three-year hiatus.
The Round Square Trip and Exchange Programme saw seven Year 10 students take advantage …

Cleveland put Warwick to sword with easy victory

May 14, 2023

Somerset Cricket Club (Warwick won toss): Cleveland beat Warwick by 9 wickets.

Cleveland served further notice as to their intention of mounting a serious challenge for top honours in the BCB 50 …

Delray Rawlins makes surprise appearance to inspire Bailey’s Bay to victory

May 14, 2023

Sea Breeze Oval (St David’s won toss): Bailey’s Bay beat St David’s by 72 runs

Bermuda captain Delray Rawlins produced a solid all-round display to inspire Bailey’s Bay to a comfortable win over …

Seth Campbell in seventh heaven as Western Stars thrash Rangers

May 14, 2023

Southampton Oval (Southampton Rangers won toss): Western Stars beat Southampton Rangers by 290 runs

Seth Campbell was at his devastating best with the ball, claiming a seven-wicket haul to inspir…

Bermuda under-19 team come up just short against Willow Cuts

May 14, 2023

Bermuda’s Under-19 cricket team was left to rue some wayward bowling as the Bermuda Cricket Board 50 Overs First decision got under way on Saturday.
The young side lost by just ten runs in their open…

Excellent Athora Life Re credit ratings affirmed

May 14, 2023

AM Best, the credit-rating agency has expressed confidence in a Bermuda reinsurer, spun off from Athene Holding Ltd. (now Apollo Global Management, Inc.) in 2018.
Athora Life Re Ltd. is now a European…