Royal Gazette

Neville Grant has stepped down as chief executive of Bermuda Commercial Bank.
The bank said Mr Grant is to “pursue other opportunities”.
A bank spokesman said: “Subject to Bermuda Monetary Authority a…

Applications are being accepted for Butterfield Bank’s 2025 undergraduate scholarship and paid summer internship programme.
The Bermuda Undergraduate Scholarship, offered every year since 1978 in hono…

Bermudian-based Arch Capital Group Ltd, the global insurer and reinsurer, has appointed the former chairman of Marsh McLennan Companies, International to its board of directors.
Arch said Alex Moczars…

DHT Holdings Inc, the Bermudian-based independent crude oil tanker company, has reported a net profit for 2024 of $181.5 million, a jump of $20 million compared with the 2023 net profit of $161.4 mill…

Ascot has promoted two members of its syndicate claims operation in Britain.
James Short has been promoted to chief claims officer, UK, responsible for the syndicate claims function, including claims …

BermudAir will soon have connections to 13 North American gateway cities, substantially improving outward opportunities for Bermuda travellers and improving airlift to the island for the benefit of bu…

A Hamilton business owner wants the City to expand its Sunday shopping offerings.
Shannon Philpott, owner of Holidae in the Washington Mall, thinks being open on the seventh day of the week could impr…

Bermuda’s burgeoning life reinsurance business is now seen as part of a developing offshore problem for the industry.
Moody’s Ratings says in a new report that offshore life reinsurance activity will …

Trust and estate practitioner Sorcha McGillycuddy has joined MJM Ltd’s private client team as an associate.
The Bermuda legal services firm said Ms McGillycuddy is a British-qualified associate with e…

CatX, the digital insurance and reinsurance marketplace backed by Silicon Valley investors Y Combinator, has launched an artificial intelligence-powered parametric platform on its Bermudian-based regu…

The credit ratings of Bermudian-based Everest Group Ltd and its subsidiaries remain unchanged following the company’s earnings release this week that reported $1.7 billion of net reserve strengthening…

Leaders of four Bermudian-based insurance and reinsurance powerhouses are to discuss how to navigate global risk on the opening panel of the Bermuda Risk Summit next month at the Hamilton Princess and…

Individual consumers and businesses in Bermuda should expect rising prices if US president Donald Trump applies high tariffs on goods arriving at American ports from Canada, Mexico and China, the lead…

With high import costs, rising inflation and the popularity of overseas online shopping, the retail climate in Bermuda can be challenging.
For example, the latest Retail Sales Index figures show that…

The Supreme Court of Bermuda has sanctioned a scheme of arrangement in relation to R&Q Re (Bermuda) Ltd.
A PwC spokesman called the scheme of arrangement innovative and the first of its kind in B…