Royal Gazette

Gold Reserve Ltd, listed on the Bermuda Stock Exchange, has highlighted a new filing by the United States Government in a closely-watched New York court battle over the validity of the 2020 Petróleos…

As competition in the business for mobile phone service heats up, Paradise Mobile has taken an aggressive line: it is offering to pay users to switch.
The company took to the lawn of City Hall this m…

Price Forbes Re has appointed industry veteran Tim Barber as chief executive of its London reinsurance business.
Mr Barber, who will report directly to Chris Bonard, president of Price Forbes Re, will…

MultiStrat, the Bermudian-based specialist underwriter and reinsurance investment platform, has announced two senior appointments and a new capital raise as it pushes ahead with its growth strategy.
T…

Bermuda’s first Visa cashback programme is being offered by Clarien Bank in partnership with Visa, rewarding customers for United States purchases.
It provides access to exclusive rebates on hotels, c…

An alarming news story grabbed the attention of delegates at a risk conference.
Caribbean leaders were braced for international fallout after a Venezuelan cartel boat was bombed off the coast, prompti…

Credit card firm American Express has withdrawn cardholders’ ability to pay their credit card bill through regional banks including Butterfield.
A Butterfield spokesman told The Royal Gazette they had…

The reinsurance industry can anticipate more rate softening next year, a Guy Carpenter executive has reported, while price decreases accelerate and terms and conditions broaden.
“How fast it happens w…

Investment experts will be at the centre of a discussion on retirement financing.

Can You Afford to Retire in Bermuda? is a pension breakfast seminar on September 15 at 8am in the Trudeau Ballroom…

The finance ministry has released a consultation paper seeking feedback on proposed tax credit legislation following the Tax Reform Commission Report.

The public has until September 25 to respond. …

The director for Caribbean countries at the World Bank has called for a regional tax on cruise tourism that would be paid by every passenger, noting that the Caribbean has more cruise tourism but earn…

With an estimated 10,000 cruise visitors and crew coming ashore at peak times, Dockyard cannot cope, the Bermuda Taxi Operators Association has said.
Responding to a recent story in The Royal Gazette …

Catastrophe bond issuance surpassed $21 billion during the most active 12-month period in the history of the insurance-linked securities market, global professional services firm Aon plc has reported….

Bermudian-based Gold Reserve Ltd has stepped up its battle in the high-profile sale of Citgo Petroleum’s parent company, telling a United States court that its $7.9 billion bid should be approved inst…