Royal Gazette

Palomar Holdings Inc, the parent company of island-based Palomar Specialty Reinsurance Company Bermuda Ltd, has reported net income of $52.2 million for fiscal year 2022 (2021: $45.8 million).
In the …

Ratings agency AM Best is to host a market briefing in Bermuda to discuss key trends and factors facing the re/insurance industry.
The briefing will be held at March 7 at the Hamilton Princess & B…

The Bermuda Monetary Authority confirmed the registration of four insurers in January.
The BMA registered two Class 1 insurers – HFCI Ltd and Light Speed Insurance Corporation Ltd – along with Berking…

A popular clothing retailer in Bermuda is set to go international.
The Authentic Bermuda Shorts shop, commonly referred to as TABS, is to open a boutique in the Cayman Islands.
Located in the heart of…

The year ahead will bring a rise in global mergers and acquisitions, with ESG, portfolio optimisation and digitalisation remaining strategic priorities, a new PwC report has forecast.

PwC 2023 Glo…

Triton International Ltd. has reported fourth-quarter net income attributable to common shareholders of $152.2 million and a full year profit of $694.8 million.
Triton International Limited is a leasi…

Applications are being accepted for a social media and marketing internship programme for students that will run for six weeks this summer.
SkillCraft is presented by Rise Marketing Ltd under the guid…

Strategic human resources executive Claire Eeles has been appointed as chief people officer and a member of the leadership team at Mosaic Insurance, the Bermudian-based specialty insurer.
She will be …

Axis Capital Holdings Limited, the global specialty re/insurer based in Bermuda, has announced its commitment to a 50 per cent absolute reduction of Scope 1 and 2 greenhouse gas emissions by 2030 acro…

Bermudian-based Cool Company Ltd, the liquefied natural gas shipping company, has filed a registration statement with the US Securities and Exchange Commission, with the intention of directly listing …

After a two-year pandemic pause, the Bermuda Fudge Company is back with a new weapon in their sales arsenal: chocolate amphibians.
The chocolate tree frogs, complete with a box that chirps like the re…

The Bermuda Economic Development Corporation is calling their first EEZ small business expo in Sandys, a “resounding success”.
“I’m thrilled with the turnout and energy of this year’s Small Business E…

The Royal Gazette/BSX Index rose 107.26 points (4.59 per cent) on Tuesday to close on 2,446.47.
This was driven by 2,796 NT Butterfield & Son shares changing hands, to close at $34.50, up 6.2 per …

Randall Krebs of Harbour International Trust Company Limited, has been named as one of the Top 20 Trustees 2023, by Citywealth, a magazine for private wealth management professionals.

Citywealth’s…

Nabors Industries Ltd, the Bermudian-based energy driller, has entered into a business combination agreement between the special purpose acquisition company that it formed in 2021, Nabors Energy Trans…

Bermudian-based Aspen Insurance Holdings Limited has appointed Yasmin Saleh as head of corporate communications.
Ms Saleh joins Aspen after 15 years with Aviva, during which she served in various seni…

David Burt, the Premier and Minister of Finance, is among five panellists who will engage in discussion at the annual Budget Breakfast hosted by the Bermuda Chamber of Commerce.
The event takes place …

Bermudian-based re/insurer Arch Capital Group Ltd has reported net income available to Arch common shareholders of $849.5 million for the fourth quarter of 2022.
That result, a 29.5 per cent annualise…

Daniel Plants, the activist shareholder who secured a place on the board of directors of Argo Group International Holdings Ltd, has stepped down from the post.
Mr Plants, who was chairman of Argo’s st…

Canopius Group, the global specialty reinsurer, has appointed Mike Butler as head of management and professional lines, Bermuda.
He will report to Laurie Banez, head of casualty and head of management…