Royal Gazette

AM Best has affirmed the credit ratings of Bermudian-based RenaissanceRe Holdings Limited and its main subsidiaries.
The ratings agency affirmed the financial strength rating of A+ (Superior) and the …

Ignite Bermuda is best known as an entrepreneurial accelerator but the programme also seeks to positively impact the island’s not-for-profit community.
Already, ten not-for-profit organisations have c…

Legislation designed to protect financial service customers was passed in the Senate.
The Bermuda Monetary Authority Amendment Act 2022 will mean that the BMA’s principal 1969 Act will include, among…

The RG/BSX Index remained unchanged, with no trading on the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited was down a nickel (0.15 per cent), closing at $33.88 on t…

Bermudian-based Somers Limited, the financial services investment holding company, is to go private after its shareholders approved a merger with SNB Investments.
The company held a special general me…

The Bermuda Business Development Agency will support the 60th annual Florida Insurance Council Summer Symposium next week in Orlando, Florida.
The FIC programme will include state legislators, the Off…

Counterpart, the management liability insurtech, has announced the launch of its excess insurance product for small businesses.
Backed by Aspen Insurance Holdings Limited, the Bermudian-based re/insur…

Corvus Insurance, the specialty insurance MGA offering products powered by AI-driven risk data, has announced an expanded strategic partnership with SiriusPoint Ltd, the Bermudian-headquartered global…

Malika Serrar is always on the look out for novel ways to promote her hair salon, Pull My Hair, on Front Street.
Last month, she became the first local business owner to fully customise a Whip Ride S…

A Bill seeking to update definitions and correct fee structures incorrectly stated in the Bermuda Monetary Authority Act 1969 was passed in the House of Assembly.
The Bermuda Monetary Authority Amend…

The competition for Bermuda’s brightest minds is on.
The pandemic has highlighted the need to cultivate the supply of local talent for Bermuda companies.
Corporate Bermuda faces an ageing population …

Digicel has signed a landmark five-year deal with St Vincent and the Grenadines National Telecommunications Regulatory Commission, providing thousands in the region with high speed internet access.
T…

The RG/BSX Index closed unchanged at 2,230.73 with no trading on the Bermuda Stock Exchange for the day.
The Bank of N.T. Butterfield & Son Limited rose 90 cents (2.72 per cent) to close at $33.93…

A new report from KPMG says island governments are developing new or refreshed national economic strategies to get their countries on the right track, after being hard hit by the pandemic.
The report …

Ashly Turner has been appointed to lead US Energy Insurance and Steve Blackwell to lead US Life Sciences Insurance at Hamilton Select Insurance Inc., Hamilton’s newly-launched E&S insurer with a F…

Mandarin Oriental International Limited is selling the luxury and iconic Mandarin Oriental, Washington DC, for some $139 million with a post-tax, non-trading gain of approximately $45 million to be re…