Royal Gazette

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…

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…

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…

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…

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 …

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…

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…

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…

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…

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…

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…

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 …

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 …

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 …

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

When Azia Parris joined the Bermuda Economic Development Corporation’s vendor academy she was unsure if she would make it through the full course.
She was expecting her third child around the time tha…

Warwick Academy was declared the winner of KPMG’s annual Bermuda Senior School Investment Challenge for the second year in a row, at a special awards ceremony at City Hall.
The school’s Madoff with t…

The RG/BSX Index remained at 3,548.61 in the absence of trading on the Bermuda Stock Exchange.
Meanwhile, the US-listed shares of Butterfield Bank finished down 68 cents, or 1.17 per cent, on the New …

The Bermudian-based insurer formerly known as Fidelis Insurance Holdings has completed its rebranding to Pelagos Insurance Capital.
The legal name change to Pelagos is effective today. Shareholders ap…

Corporate income tax revenues was the rationale given by Moody’s Ratings as they upgraded Bermuda’s domestic- and foreign-currency long-term issuer and foreign-currency senior unsecured bond ratings t…

Entrepreneurs have the chance to win five grants of up to $25,000 each in the Wave of Opportunity Pitch Competition.
The Global Atlantic Re Foundation, in partnership with the Bermuda Economic Develop…

Bermuda’s fast-growing life reinsurance sector has caught the attention of the Trump Administration.
Scott Bessent, the US Treasury Secretary, met with insurance regulators to talk about the industry’…

Essent Group Ltd sought to reassure investors about the health of the United States housing market after its reinsurance segment posted a sharp increase in losses during the first quarter.
The Bermudi…

Technology consultants say that artificial intelligence has transitioned from experimentation to widespread, production-grade deployment, with over 50 per cent of major companies moving AI initiatives…

Assured Guaranty is directing more capital towards annuity reinsurance and alternative investments as it expands beyond its traditional bond insurance business, after reporting lower first-quarter ear…

Watlington Waterworks Ltd reported a bump in revenue in 2025 as rising costs and higher depreciation weighed on profits, according to audited financial statements filed by the company.
The utility and…

The Corporate Income Tax Agency has formally taken over responsibility for Bermuda’s economic substance and international tax compliance regimes as the island consolidates several key regulatory funct…

It is that time of year when health insurers look at their health book of business and start reviewing their clients to determine whether there will be any movement in the annual premium for the foll…

Dear Dave,
My wife and her siblings each inherited about $10,000 when their dad passed away. One of her siblings, who was named executor of the estate, told my wife that she plans to withhold the mone…

Butterfield Bank’s share price remained unchanged on $55 as 1,156 shares traded on the Bermuda Stock Exchange.
The Royal Gazette/BSX Index closed unchanged on 3,548.61 for the day, and up 0.77 per cen…

Cabinet has approved a framework to allow the Government of Bermuda to accept and invest in digital assets, within a clear regulatory structure.
The announcement was made by David Burt, the Premier an…

Global commodities trader Trafigura is considering moving a key holding company from the Netherlands to Bermuda, citing the island’s legal and political stability.
The company confirmed to The Royal …

Hiscox Ltd said it attracted about $1 billion in fresh third-party capital during the first quarter as the island’s insurance-linked securities and alternative capital market keeps expanding despite s…

As Bermuda insurers engage with third-party service providers to support their business functions, the Bermuda Monetary Authority has clarified its regulatory expectations surrounding outsourcing arr…

Cabinet has approved a framework to allow the Government of Bermuda to accept and invest in digital assets, within a clear regulatory structure.
The announcement was made by David Burt, the Premier an…