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Royal Gazette

Business / Royal Gazette

Longevity problem no one talks about

July 4, 2026

Here’s a question worth sitting with: if a treatment became available that could safely extend your life by 15 to 20 years – pushing your lifespan to 110 or beyond – would you take it?
Ten years ago,…
Longevity problem no one talks about Read More
Business / Royal Gazette

Does working just to build more wealth make sense?

July 4, 2026

Dear Dave,
My husband loves his job, works a regular schedule and he makes over $180,000 a year. I love my work as a part-time substitute teacher in our local school system.
We are debt-free, except …
Does working just to build more wealth make sense? Read More
Business / Royal Gazette

Crystal Caesar takes swipe at Premier on way out as education minister

July 3, 2026

Crystal Caesar has resigned as Minister of Education and government senator, while David Burt, the Premier, announced a swearing-in of new ministers.
In an explosive public statement released last nig…
Crystal Caesar takes swipe at Premier on way out as education minister Read More
Business / Royal Gazette

Demeka Tacklyn launches third store

July 3, 2026

Demeka “Tiny T” Tacklyn has launched a third retail outlet with a focus on helping customers show their Cup Match colours.
Ms Tacklyn sells children’s toys such as a real cooking kitchen play set, bab…
Demeka Tacklyn launches third store Read More
Business / Royal Gazette

Aon sees softening reinsurance pricing

July 3, 2026

Global reinsurers entered the midyear renewal season with record levels of capital, increased appetite for risk and greater flexibility, helping drive lower prices and improved terms for insurers, acc…
Aon sees softening reinsurance pricing Read More
Business / Royal Gazette

Everest announces leadership appointments

July 2, 2026

Bermudian-based re/insurance group Everest announced two key leadership appointments within its Everest Global Wholesale and Specialty business, effective October 1.
Stephen Buonpane has been appointe…
Everest announces leadership appointments Read More
Business / Royal Gazette

Fidelis syndicate secures first cat bond protection

July 2, 2026

The Fidelis Partnership has secured catastrophe bond protection for one of its Lloyd’s syndicates through a $75 million issuance, marking another step in the growth of its reinsurance platform.
The co…
Fidelis syndicate secures first cat bond protection Read More
Business / Royal Gazette

Butterfield slips 1% on NYSE

July 2, 2026

The RG/BSX Index remained unchanged at 3,741.86 today.
Only Allshores saw activity on the Bermuda Stock Exchange with 2,800 shares trading with the price holding at $26. The turnover was $73,000.
Mean…
Butterfield slips 1% on NYSE Read More
Business / Royal Gazette

First accounting career fair hailed a success

July 2, 2026

Organisers hailed the Chartered Professional Accountants of Bermuda’s inaugural Accounting Career Fair on Wednesday as “a great success”, with approximately 70 attendees who learnt about opportunities…
First accounting career fair hailed a success Read More
Business / Royal Gazette

Two executives promoted at Hamilton Select

July 2, 2026

Hamilton Insurance Group has promoted two senior executives at its United States excess and surplus lines platform, Hamilton Select, as the Bermudian-based insurer continues to expand its wholesale di…
Two executives promoted at Hamilton Select Read More
Business / Royal Gazette

Verisk expects Venezuela earthquake losses to top $10b

July 2, 2026

Catastrophe modelling firm Verisk has estimated economic losses of more than $10 billion from the earthquake that caused widespread damage in Venezuela last month.
However, Verisk did not give an esti…
Verisk expects Venezuela earthquake losses to top $10b Read More
Business / Royal Gazette

Agam names new CEO for Japan business

July 2, 2026

Agam Capital, which provides technology-enabled insurance-asset and liability management, has announced the appointment of Kunihiko Iinuma as managing director and CEO of Agam Capital Japan.
Agam ope…
Agam names new CEO for Japan business Read More
Business / Royal Gazette

Island tanker firm’s three vessels exit Strait of Hormuz

July 2, 2026

A Bermudian-based oil tanker operator today revealed three of its ships were moving freely again after being stranded for months during hostilities in the Middle East.
Herbjorn Hansson, chairman and c…
Island tanker firm’s three vessels exit Strait of Hormuz Read More
Business / Royal Gazette

Custom Mechanics revs up for growth

July 2, 2026

When Kenny DeSilva moved his motorcycle shop to Jackson’s Way in Hamilton the space was five times bigger than his old location.
A year later, he has run out of space in the old carwash next to the Bu…
Custom Mechanics revs up for growth Read More
Business / Royal Gazette

Finance professionals consider AI’s transformational impact

July 2, 2026

A women’s business group was presented with specific examples of how artificial intelligence is helping organisations uncover insights more quickly, monitor emerging trends and process information at …
Finance professionals consider AI’s transformational impact Read More
Business / Royal Gazette

Duncan Card: Privacy enforcement has arrived

July 2, 2026

With the recent release of the Privacy Commissioner’s annual report for 2025-2026, it seems we may now be entering the enforcement stage of privacy law enforcement in Bermuda.
The Privacy Commissioner…
Duncan Card: Privacy enforcement has arrived Read More
Business / Royal Gazette

Athene appoints Hall to lead Japan expansion

July 1, 2026

Athene has appointed Larik Hall as senior vice-president and head of Japan as the Bermudian-based retirement solutions company looks to expand its presence in one of the world’s largest retirement ma…
Athene appoints Hall to lead Japan expansion Read More
Business / Royal Gazette

Miller names Plant to lead North American property business

July 1, 2026

Miller has appointed Kim Plant as head of North American property as the independent specialist re/insurance broker expands its wholesale business in the United States and Canada.
Mr Plant joins the …
Miller names Plant to lead North American property business Read More
Business / Royal Gazette

Butterfield’s shares climb back above $60

July 1, 2026

The Royal Gazette/BSX Index closed unchanged on 3,741.86 in the absence of trading on the Bermuda Stock Exchange.
Butterfield Bank’s US-listed shares climbed back above $60 on the New York Stock Excha…
Butterfield’s shares climb back above $60 Read More
Business / Royal Gazette

Compre appoints Taylor to senior underwriting role

July 1, 2026

Compre has appointed Graham Taylor as managing director of underwriting as the Bermudian-domiciled speciality reinsurance group strengthens its senior leadership team.
Mr Taylor will report to Rachel…
Compre appoints Taylor to senior underwriting role Read More
Business / Royal Gazette

Fidelis launches casualty MGA

July 1, 2026

The Fidelis Partnership has expanded its Bermuda underwriting platform with the launch of a new managing general agent focused on the American small and medium-sized enterprise casualty reinsurance ma…
Fidelis launches casualty MGA Read More
Business / Royal Gazette

Clarien promotes Buckley Pridham to senior banking role

July 1, 2026

Clarien Bank has promoted Melissa Buckley Pridham to senior vice-president and head of personal and private banking as part of a wider restructuring of its banking and wealth management businesses.
Th…
Clarien promotes Buckley Pridham to senior banking role Read More
Business / Royal Gazette

Walkers promotes seven Bermudians

July 1, 2026

International law firm Walkers has announced the promotion of seven Bermudians across it’s Bermuda and London offices.
In Bermuda, promotions include Benjamin Green to senior counsel for finance and …
Walkers promotes seven Bermudians Read More
Business / Royal Gazette

Three new partners named at PwC Bermuda

July 1, 2026

PwC Bermuda today announced the appointment of three new partners — David Cartmill, Crystal Pittendrigh and Damian Sealy. Their promotions are effective July 1.
Arthur Wightman, PwC Bermuda leader, sa…
Three new partners named at PwC Bermuda Read More
Business / Royal Gazette

UK takes FATF presidency and vows to fight ‘fraud epidemic’

June 30, 2026

The United Kingdom has taken over the global body that assesses how Bermuda and other countries tackle key financial crimes.
The Financial Action Task Force (FATF) leads global action to tackle money …
UK takes FATF presidency and vows to fight ‘fraud epidemic’ Read More
Business / Royal Gazette

FryDays Bounce House to close

June 30, 2026

FryDays Bounce House in Dockyard has announced its closure this month after eight years in business.
In 2018 Mstira Weeks and Vic Ball opened a trampoline park at 7 Sail Loft Lane in Sandys. Five yea…
FryDays Bounce House to close Read More
Business / Royal Gazette

Butterfield shares fall 1.6% on BSX

June 30, 2026

Shares of Butterfield Bank dipped 1.6 per cent in Bermuda Stock Exchange trading today. The bank fell 95 cents to close at $58.05 on the trading of 208 shares.
Allshores also saw trading activity and …
Butterfield shares fall 1.6% on BSX Read More
Business / Royal Gazette

DHT upgrades two of its new tankers

June 30, 2026

Bermudian-based supertanker operator DHT Holdings has announced its plans to implement design upgrades for its two newbuildings delivering from the Hyundai shipyard this year.
The company said the up…
DHT upgrades two of its new tankers Read More
Business / Royal Gazette

American Overseas posts $3.3m profit and whittles down debt

June 30, 2026

American Overseas Group, a Bermudian-based insurance holding company, reported net income of $3.3 million for the first quarter of 2026 and made further progress with deleveraging.
The earnings, whic…
American Overseas posts $3.3m profit and whittles down debt Read More
Business / Royal Gazette

Bermuda Press swings to profit as revenues rise

June 30, 2026

Bermuda Press Holdings Ltd swung to a $192,000 net profit for the first half of its financial year as revenue climbed 7.3 per cent, helped by the purchase of an additional commercial property.
Earning…
Bermuda Press swings to profit as revenues rise Read More
Business / Royal Gazette

Investment fund wound up for repeated rule breaches

June 30, 2026

Yew Tree Investments Ltd has been wound up by order of the Supreme Court, financial services regulator the Bermuda Monetary Authority announced today.
The BMA petitioned the court to wind up Yew Tree …
Investment fund wound up for repeated rule breaches Read More
Business / Royal Gazette

Mosaic initiative links students with political risk leaders

June 30, 2026

Bermudian-based Mosaic Insurance has launched an innovative programme connecting senior political risk leaders with a pipeline of emerging talent to strengthen the fast-growing market.
The initiative …
Mosaic initiative links students with political risk leaders Read More
Business / Royal Gazette

CIT winners and losers emerge

June 30, 2026

The corporate income tax has had an uneven impact on local business sectors including banking and insurance, with winners and losers evident after the first year of the new tax.
Corporate reports and …
CIT winners and losers emerge Read More
Business / Royal Gazette

Fines proposed for employers who ignore tribunal orders

June 30, 2026

A new policy paper on the Bermuda Employment and Labour Relations Tribunal has uncovered a lack of compliance with tribunal orders.

Strengthening the Enforcement Powers of Bermuda’s Employment Tr…

Fines proposed for employers who ignore tribunal orders Read More
Business / Royal Gazette

EAP referral no longer used as a threat

June 30, 2026

When Latisha Lister-Burgess first started as a counsellor at the Employee Assistance Programme, she found that the organisation — designed to help employees — was often used as a threat.
“For a long …
EAP referral no longer used as a threat Read More
Business / Royal Gazette

Property reinsurance market softens further, broker reports

June 29, 2026

A new report by reinsurance broker Guy Carpenter highlights persistently softening conditions in the traditional property market.
The report on July renewals said the global property catastrophe rat…
Property reinsurance market softens further, broker reports Read More
Business / Royal Gazette

Butterfield climbs 3.5% on BSX

June 29, 2026

Shares of Butterfield Bank surged 3.5 per cent in Bermuda Stock Exchange trading. The bank rose $2 to close at $59 on the trading of 1,500 shares.
Butterfield was the only stock to trade as The Royal …
Butterfield climbs 3.5% on BSX Read More
Business / Royal Gazette

KPMG to host student networking event

June 29, 2026

KPMG in Bermuda is set to host its student networking event, K‑Nect, designed to introduce high school and university students to career opportunities within the financial services industry.
The even…
KPMG to host student networking event Read More
Business / Royal Gazette

Sixth Street agrees to take majority stake in Monument Re

June 29, 2026

Sixth Street, a global investment firm, has agreed to take a majority stake in Bermudian-based Monument Re.
The life insurer and reinsurer, which is focused on the acquisition and management of in‑for…
Sixth Street agrees to take majority stake in Monument Re Read More
Business / Royal Gazette

Powerboat pilot killed in Hamilton Harbour crash

June 29, 2026

A powerboat pilot died on Sunday after crashing into a moored vessel in Hamilton Harbour, police have confirmed.
The incident happened in the area of the Lower Ferry site in Paget at about 3.45pm duri…
Powerboat pilot killed in Hamilton Harbour crash Read More
Business / Royal Gazette

Watch: Property market hottest in 20 years, says industry veteran

June 29, 2026

Bermuda’s real estate market is the hottest it has been in 20 years, a top realtor said.
The largest real estate agency has 40 properties in, or about to go in contract, for sales representing about $…
Watch: Property market hottest in 20 years, says industry veteran Read More
Business / Royal Gazette

Rugged Rentals doubles fleet thanks to $1.1m investment

June 29, 2026

Electric car rental company Rugged Rentals has secured a $1.1 million capital injection, enabling it to double its fleet of vehicles.
The investment was secured with the support of the Bermuda Investo…
Rugged Rentals doubles fleet thanks to $1.1m investment Read More
Business / Royal Gazette

Bittrex seeks final appeal in landmark crypto case

June 29, 2026

Bittrex Global has asked the Judicial Committee of the Privy Council for special leave to appeal in its long-running legal battle over customer cryptocurrency assets, extending one of Bermuda’s most i…
Bittrex seeks final appeal in landmark crypto case Read More
Business / Royal Gazette

Bermuda flight aborted as second aircraft ‘crosses runway’

June 29, 2026

A passenger on a Bermuda-bound flight whose take-off was aborted on the runway in Miami has shared her gratitude for the pilot’s swift actions.
Jennifer Doe was on the American Airlines service schedu…
Bermuda flight aborted as second aircraft ‘crosses runway’ Read More
Business / Royal Gazette

Saltus educator ‘is inspiring’

June 28, 2026

Dear Sir,
As I prepare to leave Bermuda after serving as an educator at Saltus Grammar School for the past three years, I feel compelled to publicly celebrate Shayne Scott, Assistant Director of Middl…
Saltus educator ‘is inspiring’ Read More
Business / Royal Gazette

Shareholders back Gates Corp’s plan to redomicile to Bermuda

June 28, 2026

Gates Industrial Corporation has won overwhelming shareholder backing for its plan to move its corporate domicile to Bermuda from England and Wales, saying the change will reduce administrative costs….
Shareholders back Gates Corp’s plan to redomicile to Bermuda Read More
Business / Royal Gazette

BMA rolls out new digital tools

June 28, 2026

The Bermuda Monetary Authority is increasingly using artificial intelligence and advanced supervisory technology to strengthen oversight of the island’s financial services sector, according to its 202…
BMA rolls out new digital tools Read More
Business / Royal Gazette

Butterfield’s US-listed shares top $60 for first time

June 26, 2026

The US-listed shares of Butterfield Bank closed above $60 for the first time today.
The bank gained 80 cents, or 1.34 per cent, to end the week at $60.34, on the trading of 189,900 shares.
Since it fl…
Butterfield’s US-listed shares top $60 for first time Read More
Business / Royal Gazette

BMA report: digital assets expand, revenue up

June 26, 2026

Bermuda’s digital asset sector expanded rapidly last year while the Bermuda Monetary Authority posted higher revenue and profits as it increased staffing to oversee the island’s growing financial serv…
BMA report: digital assets expand, revenue up Read More
Business / Royal Gazette

Accountants safe from AI – but how they work will change

June 26, 2026

Artificial intelligence is changing the face of accounting but it will not replace humans, says one person in the industry.
As Chartered Professional Accountants Bermuda gears up for an accounting car…
Accountants safe from AI – but how they work will change Read More

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