Royal Gazette

The government has threatened Bermuda’s banks to rein in escalating bank fees and globally-abnormal bank charges, or face government-imposed limits.
And a near 10 year old Progressive Labour Party pro…

Market reaction to news that BF&M may be sold has sent the share price soaring, up $4.95 (27.4 per cent) on the Bermuda Stock Exchange, closing Thursday at $23 after trading of 11,173 shares.
The …

The Financial Services Regulatory Authority of Ontario is warning consumers to refrain from using Relm Insurance Limited in Bermuda to obtain insurance.
The authority is warning that the company is n…

Compre, the international specialist legacy group, has redomiciled to Bermuda under the supervision of the Bermuda Monetary Authority.
The move to Bermuda is the culmination of Compre’s diversificatio…

Paul Brand is the new chief executive officer of the Convex Group.
Mr Brand founded the business in 2019 with Stephen Catlin, and has been deputy CEO since then.
Stephen Catlin, executive chairman, …

Applications for Ignite Bermuda’s business accelerator programme open Monday, and successful applicants for the sixth cohort will begin with Ignite in October.
They could include entrepreneurs and com…

Eva Frazzoni has joined the Association of Bermuda Insurers and Reinsurers as a summer intern.
One of 57 paid interns at Bermuda’s insurers and reinsurers, Ms Frazzoni will work with Abir’s policy and…

BMS, the independent insurance and reinsurance broker has made seven industry hires to its rapidly growing casualty division.
They will support BMS’ network of international clients as well as fuellin…

Sunny Side Solar is donating 46 solar panels to what may be the island’s largest charity feeding programme – the initiative at Christ Church Warwick.
Sunny Side Solar said the gift will substantially …

Bermuda’s premier publishing house, Bermuda Press Holdings Ltd., has reported half-year profits to the end of March of $190,000, down from $399,000 for the comparable period in 2021.
The owner of this…

The RG/BSX Index closed down 0.24 of a point (0.01 per cent) to 2,196.92, with two issues trading and one declining.
The decliner was Argus Group Holdings Ltd., falling a penny (0.2 per cent) to $6.30…

BF&M Limited may be up for sale.
The domestic insurer – one of the largest on the island – has initiated a review of strategic alternatives “to maximise shareholder value” and which may include th…

Six Bermudian students will be learning about the global reinsurance industry this summer as part of an Ariel Re internship programme.
The interns will learn about a variety of roles within the sector…

BMS, a Bermuda-based independent specialist insurance and reinsurance broker, has appointed Ian Gormley as the new United Kingdom chief executive officer.
Mr Gormley will report to Nick Cook, chief ex…

Encore Capital Management has chosen Apex Group, a Bermudian-based global financial services provider, to give fund administration, investor reporting and tax services.
Encore is a vertically integrat…

A half century old Bermuda mutual insurance group, established to support the global oil industry, is rebranding.
After transitioning many years ago to support not just oil, but wider energy projects,…