Royal Gazette

Rugged Rentals will offer nearly a third of its fleet to long-term rentals, including monthly contracts for its new Gem fleet, as of February 1.
The company is offering the pilot programme to determin…

As befits the owner of a business called Zen Crystals Bda, Kim Lawrence was pretty chill after being voted Female Entrepreneur of the Year for the second time in three years.
“I have to be very relaxe…

Three federal agencies in the US have suddenly issued a wide-ranging warning on the dangers posed to banks by cryptoasset risks.
The Board of Governors of the Federal Reserve System, the Federal Depos…

The RG/BSX Index closed unchanged at 2,317.69 on the Bermuda Stock Exchange Wednesday.
The day saw 1,002 shares of BF&M Ltd change hands having a value of $21,042 or $21 per share.
Overseas, the B…

Arch Insurance Canada Ltd, a wholly-owned subsidiary of Bermudian-based Arch Capital Group Ltd, has promoted Jean-Pierre Galipeault to president and chief regional executive.
Mr Galipeault joined Arch…

Rims, the risk management society, has announced that Jennifer Santiago will lead the organisation as president for the 2023 term.
Ms Santiago is the director, risk management & safety at Wakefern…

Chubb, the world’s largest publicly traded property and casualty insurance company, has launched a new global climate business unit.
The company said the unit will draw on the company’s extensive tech…

Bermudian-based Fidelis Insurance Holdings Limited has completed the transaction creating a new managing general underwriter separate from FIHL and the existing insurance companies (the Fidelis Insura…

Tourism-dependent retailers are salivating over a record number of cruise calls expected to hit Bermuda ports in 2023, starting today.
After years of slowdowns, lockdowns and shutdowns impacting their…

Entrepreneur Alyson Thompson has closed Cedarberry Foods, the business venture that produced plant-based butter and nog.
Ms Thompson paid tribute to her customers in a Facebook post on the Cedarberry …

AXA XL Insurance has promoted Cheri Hanes, formerly subcontractor default insurance construction risk engineering manager, to vice-president, head of innovation and sustainability for its North Americ…

The RG/BSX Index closed unchanged at 2,317.69 on Tuesday with no trading on the Bermuda Stock Exchange.
Overseas, the Bank of N.T. Butterfield & Son Limited was up 37 cents (1.24 per cent) to clos…

Bermudian George F Hutchings is stepping down as chief operating officer of Everen Limited on April 1, the company has announced.
Mr Hutchings, who will retire at the end of 2023, will remain at Evere…

Insurance industry veteran Don Bailey has joined American International Group as global head of distribution and field operations.
He reports to Peter Zaffino, chairman and chief executive officer.
Fo…

Jon Burull has been named president and chief executive officer of Watlington Waterworks Limited.
Mr Burull, formerly the chief operating officer of Bermuda Waterworks Limited, succeeds Allan Rance, w…

The Bermuda Economic Development Corporation has launched a programme to help the island’s food entrepreneurs to operate their businesses in fully-licensed, commercial kitchens.
The BEDC said the goa…

Due to an almost unprecedented barrage of restrictive Federal Reserve monetary policies, stock and bond prices plummeted throughout 2022. The past year’s Fed policy initiatives included seven large in…