Royal Gazette

PartnerRe today reported on the “significant industry event” that was Hurricane Ian, but said the net loss attributable to common shareholder of more than $1.5 billion for the first nine months of the…

The RG/BSX Index finished unchanged at 2,332.38, with no trading for the day on the Bermuda Stock Exchange.
The Bank of N.T. Butterfield & Son Limited closed on the New York Stock Exchange down 54…

The Bermuda Monetary Authority has launched a campaign ‘Deposit It or Exchange It’ to remind the public that, from December 31, they will have one year to deposit or exchange the horizontal Bermuda do…

Bermudian-based Ardmore Shipping Corporation, which owns and operates product and chemical tankers, has reported a record net profit of $61 million for the three months ended September 30.
That compar…

West Hamilton Holdings Limited, the BSX-listed Bermuda property holding company, has reported net income of $948,364 (2021: $1,023,449) for the six-month period ending March 31.
In a letter to shareho…

Bermudian-based Maiden Holdings Ltd has reported a net loss attributable to common shareholders of $8.2 million for the third quarter of the year.
That compares to net income of $2.9 million in the th…

The hardening market in the reinsurance sector is the best in decades, a leading insurance executive has said.
Conduit Re executive chairman Neil Eckert made the comment as his company released its th…

AM Best has affirmed the financial strength rating of A+ (Superior) and the long-term issuer credit rating of “aa-” (Superior) of XL Bermuda Ltd (Axa XL) and its subsidiaries.
The outlook of these cre…

Everest Reinsurance, the reinsurance division of the Bermudian-based global re/insurer Everest Re Group Ltd, has announced that David Mann will join the company as vice-president, head of casualty for…

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Bermuda captive Evergreen Insurance Company Limited, with a stable outl…

If you’re looking for positive healing vibes this holiday weekend, look no further than the Rosedon Hotel on Pitts Bay Road, Pembroke.
Entrepreneur Demeka Tacklyn has organised the two-day Holistic H…

There have already been 6,000 votes cast for the Female Entrepreneurship Award 2022, according to the organisers.
And they are hoping to exceed the 8,000 record from last year.
The annual award by WOM…

Bermuda market veteran Peter Skerlj is to join Vantage Group Holdings Ltd in February as chief risk officer, the company announced today.
Mr Skerlj will be based in Bermuda and report to Greg Hendrick…

Strategic Risk Solutions, the world’s largest independent insurance company manager, has opened a new office in Paris.
The company said new SRS offices are popping up across Europe as the demand for c…

The Hamilton Princess & Beach Club’s new director of security and emergency management, Troy Glasgow, is a former police inspector trained in crisis negotiation.
The hotel revealed on Tuesday that…

Alex Baker has been promoted to the post of group chief risk officer at Hamilton Insurance Group Ltd. as of January 1, subject to the requisite regulatory approval.
Mr Baker will report to group CEO P…

Under fire Argo Group International Holdings Ltd, the Bermudian-based underwriter of specialty insurance products, has reported a net loss attributable to common shareholders of $51.4 million for the …