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Royal Gazette

Business / Royal Gazette

Promotions at Brown & Brown Bermuda

May 19, 2026

Jennifer Masters has been promoted to managing director, international operations leader at Brown & Brown Bermuda and remains the Bermuda captive leader, the company said today.
In addition, Abiga…
Promotions at Brown & Brown Bermuda Read More
Business / Royal Gazette

Everest sells Colombia insurance business to AIG

May 19, 2026

Everest has agreed to sell its Colombia insurance operation to American International Group as the company embarks on a broader strategy to streamline its business and concentrate on core operations.
…
Everest sells Colombia insurance business to AIG Read More
Business / Royal Gazette

Mereo expands into excess casualty insurance

May 19, 2026

Mereo Insurance Ltd has expanded into excess casualty insurance through a renewal rights transaction with Everen Specialty Ltd.
The insurer said it will become the carrier for new and renewed busines…
Mereo expands into excess casualty insurance Read More
Business / Royal Gazette

Allshores the only stock to trade on BSX

May 19, 2026

The Royal Gazette/BSX Index was unchanged on 3,540.87 today.
Allshores was the only issuer to trade, with seven shares changing hands as the insurer remained unchanged on $24.
The US-listed shares of…
Allshores the only stock to trade on BSX Read More
Business / Royal Gazette

HSBC Bermuda names Simmons as new chairman

May 19, 2026

A former chairman of Butterfield Bank has been appointed chairman of HSBC Bermuda.
Barclay Simmons who recently joined the HSBC Bermuda board as an independent non-executive director, succeeds Anthony…
HSBC Bermuda names Simmons as new chairman Read More
Business / Royal Gazette

BMA makes executive appointments

May 19, 2026

The Bermuda Monetary Authority (Authority or BMA) today announced two senior executive appointments, with Mesheiah Keane appointed chief operating officer and Graham Collier named chief technology of…
BMA makes executive appointments Read More
Business / Royal Gazette

Watch: Enthusiasm over digital finance head start

May 19, 2026

Last week’s Digital Payments Workshop and Vendor Market led to a wider understanding of fintech after the US dollar stablecoins airdropped to Bermuda residents, and a broader adoption of digital finan…
Watch: Enthusiasm over digital finance head start Read More
Business / Royal Gazette

Cita seeks feedback on proposed CIT rule changes

May 18, 2026

The Corporate Income Tax Agency has published a consultation paper inviting stakeholder feedback on amendments to the Corporate Income Tax (Administrative) Regulations 2025, and on a new set of regula…
Cita seeks feedback on proposed CIT rule changes Read More
Business / Royal Gazette

Mechanic completes advanced training

May 18, 2026

Bermuda Motors AI auto mechanic Patrick Abuluyan has completed advanced technical training in Trinidad conducted by Toyota Tsusho America.
The intensive programme focused on smart start and entry sys…
Mechanic completes advanced training Read More
Business / Royal Gazette

Butterfield shares gain 2.3% in New York

May 18, 2026

The Royal Gazette/BSX Index remained unchanged on 3,540.87 in the absence of trading activity on the Bermuda Stock Exchange today.
The US-listed shares of Butterfield Bank gained $1.29, or 2.36 per ce…
Butterfield shares gain 2.3% in New York Read More
Business / Royal Gazette

Paradise Mobile breaking the cycle says chief executive

May 18, 2026

Telecom has a value capture problem, the chief executive of Paradise Mobile said at the inaugural Mobile Network Innovation Summit in England.
Sitting on a panel with industry players such as Nick Ki…
Paradise Mobile breaking the cycle says chief executive Read More
Business / Royal Gazette

Fidelis partners with Howden to deploy AI-driven platform

May 18, 2026

The Fidelis Partnership is using an artificial intelligence-driven tool designed to enhance the speed and quality of information flows between brokers and underwriters, enabling faster and more accura…
Fidelis partners with Howden to deploy AI-driven platform Read More
Business / Royal Gazette

Watch: TriFi seeks to make money transfers cheaper and easier

May 18, 2026

A new fintech company is working to enable real-time local and cross-border money transfers in Bermuda, using a mobile application initially, but also eventually a web app.
TriFi is seeking a licence …
Watch: TriFi seeks to make money transfers cheaper and easier Read More
Business / Royal Gazette

13 and out! PHC get all their ducks in a row

May 18, 2026

Somerset skittled out PHC for just 13 runs in the T20 Premier Division on Sunday, with only one PHC batter contributing to the total.
Koshun Durrant bothered the scorers with five runs, with eight wi…
13 and out! PHC get all their ducks in a row Read More
Business / Royal Gazette

Bermuda base for billion-dollar Venezuela claim

May 18, 2026

Bermuda has quietly become home to a company sitting on more than $120 million in cash while pursuing a billion-dollar claim against Venezuela and planning a major restructuring tied to critical miner…
Bermuda base for billion-dollar Venezuela claim Read More
Business / Royal Gazette

Call for entrepreneurs to test Ignite’s new AI business coach

May 18, 2026

Ignite Bermuda is inviting entrepreneurs to take part in the testing of Spark AI — an artificial intelligence-powered business coach aimed at entrepreneurs and small-business owners in Bermuda.
Spark …
Call for entrepreneurs to test Ignite’s new AI business coach Read More
Business / Royal Gazette

Louise Ralston: Why your business must not be without a back-up plan

May 18, 2026

It’s very easy to get locked out of critical systems before you know it. An employee flags something that doesn’t look right, a file won’t open or a system won’t load — and all of a sudden, you can’t …
Louise Ralston: Why your business must not be without a back-up plan Read More
Business / Royal Gazette

Amelia Othman returns to Abir as junior analyst

May 17, 2026

Amelia Othman will return to the Association of Bermuda Insurers and Reinsurers this summer as a junior analyst, building on her successful internship last year when she made meaningful contributions …
Amelia Othman returns to Abir as junior analyst Read More
Business / Royal Gazette

Expensive visitors and host fatigue

May 16, 2026

I think I can speak for most: it is always lovely having family come for a visit to the island, whether it be a few days, a week, or even a few weeks. Spending time with family that you don’t see all…
Expensive visitors and host fatigue Read More
Business / Royal Gazette

Disagreeing on finances after a week of marriage

May 16, 2026

Dear Dave,
I just got married a week ago, and my husband and I are already having problems. While we were single, we practised doing budgets together, and we agreed to follow your plan and get out of…
Disagreeing on finances after a week of marriage Read More
Business / Royal Gazette

Butterfield shares fall 0.5% in New York

May 15, 2026

The Royal Gazette/BSX Index was unchanged on 3,450.87 after a day of no trading on the Bermuda Stock Exchange today.
For the week, the index was down 7.74 points, or 0.21 per cent. Allshores, which fe…
Butterfield shares fall 0.5% in New York Read More
Business / Royal Gazette

Watch: Residents take to digital finance

May 15, 2026

Bermudians took to digital finance last night after an airdrop to their new digital wallets — money that they were able to use with local vendors invited to Pier 6 for the special occasion of a Digita…
Watch: Residents take to digital finance Read More
Business / Royal Gazette

Brookfield deepens Bermuda footprint as insurance platform nears $200bn

May 15, 2026

Brookfield is moving to combine its parent company with its wealth solutions business as the global investment giant deepens its Bermuda footprint and pushes ahead with plans to build what it describe…
Brookfield deepens Bermuda footprint as insurance platform nears $200bn Read More
Business / Royal Gazette

Watch: Bermuda seen playing key role in future of digital finance

May 15, 2026

On an institutional level, blockchain and digital finance is driving a complete disruption of financial infrastructure around the world, the Bermuda Digital Finance Forum was told.
John Darsie, the ch…
Watch: Bermuda seen playing key role in future of digital finance Read More
Business / Royal Gazette

How investing could get easier with digital assets

May 15, 2026

Leaders in the asset management digital asset sectors are working together to make investing cheaper, easier and more efficient.
On a tokenisation panel at the Bermuda Digital Finance Forum, speakers …
How investing could get easier with digital assets Read More
Business / Royal Gazette

Watch: ‘It’s about getting Bermudians involved’, says Penrose partner

May 15, 2026

Some 80 leaders in digital finance have been exiting the island after a week of business meetings, forum discussions and networking events for the emerging industries.
The Bermuda Digital Finance Foru…
Watch: ‘It’s about getting Bermudians involved’, says Penrose partner Read More
Business / Royal Gazette

BCB executive: stablecoin is a ‘killer app’

May 15, 2026

Bermuda Commercial Bank’s chief compliance officer has called stablecoin a “killer app” for cross border transactions.
Speaking at the Salt Bermuda Digital Finance Forum, Hugo Rogers said BCB’s entire…
BCB executive: stablecoin is a ‘killer app’ Read More
Business / Royal Gazette

Rize launches Bermuda AI guide

May 14, 2026

Rize Technologies has launched a new artificial intelligence platform designed to answer Bermuda-specific questions for visitors and residents, as local companies continue to explore practical uses fo…
Rize launches Bermuda AI guide Read More
Business / Royal Gazette

RenRe announces leadership changes

May 14, 2026

Bermudian-based reinsurer RenaissanceRe announced that Robert Qutub, chief financial officer, and Ross Curtis, chief portfolio officer, intend to retire at the end of this year.
Matthew Neuber, Renais…
RenRe announces leadership changes Read More
Business / Royal Gazette

MS Reinsurance rating lifted

May 14, 2026

Bermuda’s role as a strategic reinsurance hub for major global insurers received another boost after AM Best upgraded the issuer credit rating of MS Amlin AG, now operating as MS Reinsurance, citing i…
MS Reinsurance rating lifted Read More
Business / Royal Gazette

Butterfield shares up 0.71% in New York

May 14, 2026

The RG/BSX Index fell 7.74 points, or 0.22 per cent, to close at 3,540.87.
Allshores traded 2,195 shares on the Bermuda Stock Exchange with the price falling 79 cents (3.2 per cent) to close at $24, w…
Butterfield shares up 0.71% in New York Read More
Business / Royal Gazette

IGI Holdings raises dividend by 50%

May 14, 2026

International General Insurance Holdings’ board of directors has voted to increase the company’s quarterly ordinary common share dividend to $0.075 per share, representing a 50 per cent increase from …
IGI Holdings raises dividend by 50% Read More
Business / Royal Gazette

BMA and partners advance new digital asset supervision model

May 14, 2026

Bermuda is positioned to develop and pioneer a global supervisory model for digital assets, where regulatory requirements are natively enforced at the infrastructure level in real time.
And officials …
BMA and partners advance new digital asset supervision model Read More
Business / Royal Gazette

Start time put back for digital finance workshop and market

May 14, 2026

Today’s Digital Finance Forum Community Day workshop has been put back two-and-a-half hours because of bad weather.
The event at Pier 6 will now take place from 5.30pm until 7.30pm, instead of 3pm to …
Start time put back for digital finance workshop and market Read More
Business / Royal Gazette

Government partners with US firm to deploy AI

May 14, 2026

The Bermuda Government and Near AI, an artificial intelligence research, engineering and product development firm, have partnered to deploy secure AI across Bermuda’s public sector services.
David Bur…
Government partners with US firm to deploy AI Read More
Business / Royal Gazette

Watch: Stellar all-in for Bermuda’s onchain economy

May 14, 2026

Bermuda was put on the path to digital finance when David Burt was told in 2017 that blockchain would destroy industries, including insurance and accountancy. He had just become the Premier.
Recountin…
Watch: Stellar all-in for Bermuda’s onchain economy Read More
Business / Royal Gazette

Tech entrepreneur spells out vision of future of finance

May 14, 2026

Charles Hoskinson sees a future in which our phones effectively become our banks, enabling us to transfer digital money seamlessly and instantly around the world, without fees or bureaucratic friction…
Tech entrepreneur spells out vision of future of finance Read More
Business / Royal Gazette

Watch: Kraken parent in pact to spur tokenisation drive

May 14, 2026

One of the clearest demonstrations of the convergence of traditional finance and digital asset markets is the just-announced collaboration between Payward, the parent company of global crypto platform…
Watch: Kraken parent in pact to spur tokenisation drive Read More
Business / Royal Gazette

Applebaum: digital assets reshaping capital markets

May 14, 2026

Global finance is approaching a once-in-a-lifetime inflection point as digital assets, regulation and infrastructure converge to reshape capital markets.
That was the word from Spencer Applebaum, cryp…
Applebaum: digital assets reshaping capital markets Read More
Business / Royal Gazette

Bank price down 0.55%

May 14, 2026

The RG/BSX Index remained at 3,548.61 in the absence of trading on the Bermuda Stock Exchange.
Butterfield Bank dropped 30 cents, or 0.55 per cent, on the New York Stock Exchange to close at $54.55 w…
Bank price down 0.55% Read More
Business / Royal Gazette

Pelagos swings to profit on lower catastrophe losses

May 13, 2026

Pelagos Insurance Capital, formerly Fidelis Insurance Group, made a strong start to 2026, reporting improved profitability in the first quarter, helped by lower catastrophe losses.
Net income totalle…
Pelagos swings to profit on lower catastrophe losses Read More
Business / Royal Gazette

Martello Re scholarships launched

May 13, 2026

Bermuda College Foundation and Martello Re Ltd have partnered to launch two scholarships aimed at students pursuing careers in actuarial science and technology.
The Martello Re Bermuda Scholarships wi…
Martello Re scholarships launched Read More
Business / Royal Gazette

Waterfront expands e-commerce push

May 13, 2026

Waterfront Group and digital consultancy Socialprise have launched four electronic commerce platforms, with a fifth site expected soon, as part of a broader effort to expand online ordering and custom…
Waterfront expands e-commerce push Read More
Business / Royal Gazette

Bermuda College to host Pipa workshop

May 13, 2026

A half-day workshop to help organisations manage personal information access requests under Bermuda’s privacy laws will be held at Bermuda College on June 9.
It is aimed at corporate directors, senior…
Bermuda College to host Pipa workshop Read More
Business / Royal Gazette

Butterfield shares slip 0.6% in New York

May 12, 2026

The Royal Gazette/BSX Index remained unchanged on 3,548.61 in the absence of trading on the Bermuda Stock Exchange today.
The US-listed shares of Butterfield Bank fell 33 cents, or 0.59 per cent, to c…
Butterfield shares slip 0.6% in New York Read More
Business / Royal Gazette

Lumina to stage second financial literacy summit

May 12, 2026

The Lumina Festival’s Financial Literacy Summit will be held for a second year at the National Museum of Bermuda
The event, founded by Lumina’s chief executive officer Zach Wilson, will take place on…
Lumina to stage second financial literacy summit Read More
Business / Royal Gazette

Contrarius builds 8.9% stake in QVC Group

May 12, 2026

The QVC Group has made an ownership declaration stating that Contrarius Investment Management and Contrarius Investment Management (Bermuda) have beneficial ownership of 702,768 shares of Series A Com…
Contrarius builds 8.9% stake in QVC Group Read More
Business / Royal Gazette

BMA licenses Bitcoin Suisse unit

May 12, 2026

Bitcoin Suisse affiliate Bitcoin Suisse (International) Ltd has obtained a Class F digital asset business licence under Bermuda’s Digital Asset Business Act and Class B registration under the Investme…
BMA licenses Bitcoin Suisse unit Read More
Business / Royal Gazette

Kennedys Bermuda promotes Vinesh Mistry

May 12, 2026

Law firm Kennedys Bermuda has made Vinesh Mistry a senior associate.
Prior to joining Kennedys, Mr Mistry practised as a barrister in London and at several international law firms, in pre- and post-qu…
Kennedys Bermuda promotes Vinesh Mistry Read More
Business / Royal Gazette

Terceira’s service stations switch to Esso

May 12, 2026

Two popular service stations have just switched their fuel suppliers to Sol Petroleum Bermuda Ltd.
Terceira’s North Shore and Terceira’s Warwick Gas service stations will now be pumping Esso Synergy f…
Terceira’s service stations switch to Esso Read More

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