Royal Gazette

Axa XL Insurance has appointed Marine Charbonnier as head of captives & facultative underwriting, APAC & Europe.
Mrs Charbonnier will lead Axa XL’s captive business for the APAC & Europe b…

The early bird registration price ends tomorrow, Friday, for the Bermuda Business Development Agency’s second annual Bermuda Risk Summit at the Hamilton Princess & Beach Club from March 6-8.
And h…

Seadrill Limited, the Bermudian-based offshore drilling contractor, has appointed Ana Zambelli to its board of directors.
The company said Ms Zambelli brings significant industry experience to Seadril…

SiriusPoint Ltd, the global specialty re/insurer based in Bermuda, has appointed Maddie Morris as underwriter, energy & marine liability, effective February 1.
Ms Morris, who will be based in Lond…

San Francisco-headquartered kWh Analytics, the climate insurance company, has partnered with Bermudian-based Aspen Insurance to launch a property insurance programme for renewable energy assets.
Aspen…

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Bermudian-based North End Re Ltd.
The outlook of these credit ratings…

The volume of retail sales declined for the fifth consecutive month in October, although the reduction narrowed compared to the previous four months.
The Retail Sales Index showed that the value of r…

Bermudian-based Axis Capital Holdings Limited has reported fourth quarter net income of $41 million (2021: $197 million) and overall net income for 2022 of $193 million (2021: $588 million).
The incom…

Rising costs will shutter some planned construction projects and threaten industry jobs, as officials continue to seek a way around troubling times.
Other planned projects are up for re-evaluation, co…

The Royal Gazette/BSX Index was unchanged on Wednesday, closing at 2273.19.
Meanwhile, Butterfield shares fell 91 cents (2.52 per cent) to $30.54 at the close of the New York Stock Exchange.

Graphic design firm SJD World has launched a subscription service to better meet the needs of clients without an in-house graphic designer.
“We are extremely excited to support our clients in a more …

Dan Rance has been named head of Resilience Bermuda and global head of large accounts to help accelerate delivery of the Cyber Resilience solution for large enterprise customers.
Resilience is the ne…

Rum drinkers in the United Kingdom can now purchase one of the island’s favourite tipples in a major supermarket.
Waitrose has begun to sell Gosling Brothers’ iconic dark ‘n stormy in a ready-to-drink…

When the world went into lockdown in March 2022, many people saw it as an opportunity to re-evaluate their lives.
So many people left their jobs to enter a new career or create their own business that…

HSCM Ventures has participated in a $25 million funding round by Dayforward, the US-based digital life insurance company.
The round was led by Axa Venture Partners, with participation from existing in…

The Royal Gazette/BSX Index fell 1.58 per cent on Tuesday to close on 2,273.19.
The Bank of NT Butterfield & Son fell 40 cents (1.26 per cent) on the NYSE to close on $31.33, as 100 of its shares …

Everest Insurance, the primary insurance division of Bermudian-based Everest Re Group, has appointed Timothy Powell as head of financial lines.
Based in London, Mr Powell will report to Adam Clifford,…

Thomas F Motamed, a director of American International Group Inc since January 2019, is retiring from the company’s board of directors for health reasons.
“On behalf of the board of directors, I want …

HSCM Ventures has participated in a $25 million funding round by Dayforward, the US-based digital life insurance company.
The round was led by Axa Venture Partners, with participation from existing in…

HSBC Bermuda has introduced Digital Secure Key for its online banking customers, providing users with what it says is added protection against the threat of fraud.
It said customers can now benefit fr…