Royal Gazette

Almost $2 million in suspected cannabis has been seized, and four people arrested, in a drug bust by police and customs officers.
Officers executed warrants at a Hamilton business as well as homes in …

After 19 years running The Sportseller in the Washington Mall, Sharon Fenn is calling it a day.
The longtime entrepreneur has put the sports equipment, apparel and sneaker store up for sale.
“I am 60,…

The principals of the Bermuda Stock Exchange-listed Shore Capital Group Limited believe the collapse of Silicon Valley Bank and the associated fallout will likely turn the cycle of credit tightening t…

The Royal Gazette/BSX Index fell 9.95 per cent on Thursday, closing at 2,186.35, down 241.71 points.
A total of 33,200 shares changed hands at a value of $373,725.
Of that, 25,000 LOM Financial Limit…

Café Lido restaurant, part of the Lido complex at Elbow Beach, has reopened after a two month closure.
MEF Group said the restaurant has “a refreshed look and an exciting new menu with favourites from…

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit ratings of “aa-” (Superior) of Bermudian-based Arch Reinsurance Ltd and its strategic affiliates.
Co…

Bermuda companies are now able to pay their annual government fees – which are due at the end of this month – online.
A Government spokeswoman said that the yearly filings are now completely paperless…

December 2022 figures show both the sales volume and value for building material stores shot up by more than 30 per cent, when compared with December 2021.
In fact, the sales volume was nearly 80 per …

If you’ve been concerned about Bermuda’s recent dark and stormy nights, Goslings has a twist on the island’s unofficial national rum drink that may warm you up.
It is a new collection of fruit-flavour…

A new waterside restaurant has opened in Hamilton. Déjà View Restaurant and Bar is located at Barr’s Bay Park in the building that housed the Marine Police Unit until 2013.
The owners are Greg de Melo…

The Bermuda Press (Holdings) Limited said it incurred significant legal costs defending freedom of speech and media rights as it continued to restructure operations and reduce expenses to offset the r…

The Royal Gazette/BSX Index was unchanged on Wednesday, for a fourth day in a row, closing at 2,428.06 with no shares trading on the Bermuda Stock Exchange.
Meanwhile, the Bank of N T Butterfield &am…

The Bermuda Bankers Association is warning people to be aware of phishing scams, often going after the most vulnerable citizens.
Phishing is a type of online or telephone scam that targets consumers b…

The Bermuda Press (Holdings) Limited said it incurred significant legal costs defending freedom of speech and media rights as it continued to restructure operations and reduce expenses to offset the r…

Fitch Ratings’ estimates little direct exposure by US insurers in the recent banking turmoil.
And while AM Best agrees, their commentary noted that despite minimal exposure to bonds issued by the now-…

Bermuda-registered International General Insurance Holdings Ltd (IGI) has completed the acquisition of Norway-based managing general agency Energy Insurance Oslo AS.
The transaction included the acqui…

Bob James has been appointed as the new chief operating officer at Lloyd’s.
He has taken on the COO responsibilities from chief financial officer Burkhard Keese.
Lloyd’s said the appointment is subjec…