Royal Gazette

An iconic and historical Paget property is up for sale for $2.9 million.
Salt Kettle House is listed on the Coldwell Banker Bermuda Realty website. Hazel Lowe ran the popular facility for almost 45 ye…

Two Bermuda entrepreneurs are holding a summer camp to help introduce young children to basic money basics.
Tauria Raynor and Leighsa Darrell-Augustus, of CasualBusiness Media, say the Young Money Min…

The e-bike industry is booming in Bermuda, as evidenced by this week’s police crackdown on the use of the electric-powered vehicles in contravention of the traffic code.
Dr EV, the business that rents…

Bermuda’s financial services sector is focused on bringing digital-asset technology into wealth, insurance and investment structures, rather than treating cryptocurrency as a stand-alone market.

A…

Allshores’ share price rose 9.8 per cent on the Bermuda Stock Exchange today. The insurer gained $2.49 to close at $28 as 200 shares changed hands.
Butterfield Bank also traded, falling 50 cents, or 0…

A global insurance broker has partnered with a Bermuda charity to support its mission of helping teenagers develop the skills and confidence they need to succeed in work and further education.
Aon has…

Safepoint Holdings, a Florida-focused property insurer with Bermudian-linked reinsurance operations, has withdrawn plans to raise up to $283.3 million through an initial public offering in the United…

Allshores’ share price rose 2 per cent on the Bermuda Stock Exchange today. The insurer gained 50 cents to close at $25.51 as 5,000 shares changed hands.
With Allshores the only stock to trade, The Ro…

AM Best has assigned a preliminary credit assessment to Fortium Insurance Co Ltd, a Bermuda start-up planning to write short-tailed speciality insurance business.
The ratings agency assigned Fortium a…

Bermuda Motors representatives attended a Mini product and marketing conference in Budapest, Hungary, this month, where they received updates on the carmaker’s product strategy, marketing plans and th…

PwC Bermuda will host its annual HeadStart summer networking event next month, bringing together students and recent graduates interested in careers in professional services.
The event will take place…

Butterfield Bank said this morning that it has resolved issues that were yesterday causing difficulties for customers in making payments with debit cards.
“We are pleased to advise that the issue affe…

Allshores’ announcement that it will buy back up to $20 million of its own shares — after booking a tax credit for a similar amount — has sparked a call for insurance premium rates to be regulated.
Do…

Bermuda Longtail Real Estate agency is winding down its operations after 16 years in business.
Its principal, the award-winning realtor Cecilia “Cesa” Edwards, will take over as agency manager for res…

Vantara Relocation has made its official debut serving executives, professionals and international families moving to Bermuda.
Husband-and-wife co-founders Patrick and Elizabeth Sloan will be offering…

AM Best has affirmed the A (excellent) financial strength rating and the long-term issuer credit ratings of “a” (excellent) for insurer Allshores General Insurance Company (Bermuda) and Island Heritag…

Shares of Allshores fell 1.9 per cent on the Bermuda Stock Exchange today. The insurer fell 48 cents to close at $25.01 on the trading of 3,000 shares.
The Royal Gazette/BSX Index fell 4.7 points, or …

Carrick Group, a Bermudian-based international non-life legacy insurer, has announced transfer of the reinsurance contracts of IRB-Brasil Resseguros’ UK branch to Community Reinsurance Corporation.
T…

Athene Holding has appointed veteran pensions leader Robert Brackenbury to its board as an independent director, effective immediately.
Mr Brackenbury most recently served as deputy chief investment …

Students of several public schools were awarded prizes for standout performances in a financial literacy and coded simulation contest.
The primary and middle school students were tasked with completin…

Butterfield Bank customers were today encountering difficulties in making payments with debit cards issued by the bank.
In a statement Butterfield said: “We are aware that some clients are experiencin…

Bermudian-based Bacardi has closed a deal that makes the family-owned company the sole owner of the Teeling Whiskey Company.
Founders Jack and Stephen Teeling will remain a part of the Teeling brand,…

A new Bermuda company has brought specialised corporate training to the island that emphasises learning through direct experience, reflection and practical application.
Across the globe, organisations…

A local doctor is building a medical facility he hopes will relieve a life-threatening bed shortage at King Edward VII Memorial Hospital.
The new building at 32 Point Finger Road, Paget is being outfi…

Carlyle Group is unveiling a new framework for portfolio risk so that asset values reflect the insurance implications associated with severe weather shocks.
The $475 billion Washington-based firm says…

A US court has ordered the wife of Muhammad Ziaullah Chishti — a businessman who once claimed he would create 1,000 jobs in Bermuda at an artificial intelligence company — to turn over $9.8 million to…

Allshores’ share price rose 6.3 per cent on the Bermuda Stock Exchange today. The insurer gained $1.50 to close on $25.49 as 2,229 shares changed hands.
With Allshores the only stock to trade, The Roy…

Florida’s state insurer of last resort, Citizens Property Insurance Corporation, has revealed that new reinsurance coverage it purchased this year cost nearly 30 per cent less than last year.
Citizens…

CPA Bermuda is to host its first Accounting Career Fair to offer insights to young people considering a career in the profession.
The event will be held on July 1 on the upper level of Pier 6 from 4….

Over the past long weekend, one of the chores on my list was to look at our family budget. It has not been revised in a while, and unfortunately, some of the numbers are no longer realistic due to in…

Dear Dave,
My husband and I are debt-free, including our home. My husband is a great guy, and a talented man, but he’s also a bit of a dreamer sometimes.
He has written three or four novels that have…

Allshores Ltd plans to return up to $20 million to shareholders through a tender offer, a move the company said could put major cash into the hands of Bermudian investors while holding onto capital to…

More than a third of Bermuda directors believe at least one fellow board member should be replaced, according to PwC’s 2026 Corporate Governance Survey.
The survey also found boards are grappling with…

Moving to Bermuda from another country can be a logistical nightmare.
Housing stocks are tight at all price levels. Spaces in private schools are limited and just trying to find a handyman can be hard…

Insurance will play a vital role in enabling artificial intelligence data centres to be put into orbit — and talks are already happening between underwriters, brokers and the space industry.
Companies…

The level of investment into data centres globally may soon make it necessary for insurers involved to begin selling securitisation products to spread the risk among a broader pool of investors, acco…

LG G5 55

The Royal Gazette/BSX Index remained unchanged on 3,690.51 after no trading activity on the Bermuda Stock Exchange today.
The US-listed shares of Butterfield Bank gained 52 cents, or 0.9 per cent, to …

MS Amlin has warned that the United States is still exposed to a major hurricane threat this year despite forecasts for a quieter Atlantic season, estimating a 27 per cent chance that a Category 4 or …

More than 500 students, recent graduates and seasoned professionals attended the 2026 Athene Life Career Expo.
Attendees connected with industry professionals and executives, received one-on-one resum…

More than a third of Bermuda directors believe at least one fellow board member should be replaced, according to PwC’s 2026 Corporate Governance Survey.
The survey also found boards are grappling with…

Shareholders of Vantage Drilling International have approved the Bermudian-based offshore drilling contractor ’s proposed $257.6 million merger with Eldorado Drilling AS, clearing a major hurdle for a…

During the King’s visit in April, Government House and a British junior minister hosted a round table focusing on the state of insurance, Dave Morgan, the Deputy Governor has told an industry gatherin…

Rupert Henagulph started his personal training business, Alchemy Fitness, out of his parents’ garage.
His father put up some wood panelling in the 500 sq ft space to make things look a little less scr…

A Bermudian-based investment firm has accused Braemar Hotels and Resorts — a company in which it is a major shareholder — of “a brazen act of self-dealing”.
Al Shams Investments, which is owned by Syr…

AM Best has affirmed the credit ratings of Convex Group and its principal subsidiaries, citing the company’s strong capital position, improving underwriting performance and growing international footp…

The RG/BSX Index remained unchanged at 3,690.51, in the absence of trading on the Bermuda Stock Exchange.
Meanwhile Butterfield Bank fell $1.05 (1.78 per cent) on the New York Stock Exchange to close …

Bermuda’s first digital asset compliance boot camp will bring together regulators, lawyers and industry practitioners this week as the island continues to expand its digital asset sector.
ComplianceX,…

Everest Group has partnered with Stone Point Insurance Solutions to launch a Bermudian-based casualty reinsurance sidecar that is expected to provide about $600 million in third-party capital to suppo…

Arch Capital Group has promoted Jerome Halgan to chief executive of its global reinsurance operations as part of a senior leadership reshuffle at the Bermudian-headquartered re/insurer.
The company an…