Skip to content
Top Menu
October 4, 2026
  • Home
  • Guide.bm
  • Menus.bm
  • Explore.bm
  • Stay.bm
  • Transport.bm
Bermuda News Updates

Bermuda News Updates

Local News from Every Source

  • Home
  • News
    • Royal Gazette
    • Bermuda Broadcasting
    • Bernews
    • TNN
  • Business
    • Royal Gazette
    • Bernews
  • Sport
    • Royal Gazette
    • Bermuda Broadcasting
    • Bernews
  • Government
    • Official Gazette
    • Legal Notices
  • Bermuda Morning News Brief
Main Menu

Royal Gazette

Business / Royal Gazette

Butterfield climbs 1% in New York

March 2, 2026

The RG/BSX Index climbed 88 points (0.03 per cent) to end the day at 3,340.50.
Only Allshores saw activity on the Bermuda Stock Exchange with 10,050 shares trading to close at $21.79, up 9 cents (0.4 …
Butterfield climbs 1% in New York Read More
Business / Royal Gazette

AM Best sees war impacting range of insurance lines

March 2, 2026

In the wake of accelerated conflict in the Middle East, insureds are advised to carefully review their terms and conditions regarding business interruption insurance to ensure that they are aware of a…
AM Best sees war impacting range of insurance lines Read More
Business / Royal Gazette

XBTO partners with Bermuda Commercial Bank

March 2, 2026

The cryptofinance firm XBTO is partnering with Bermuda Commercial Bank to transform XBTO’s American dollar payment infrastructure.
XBTO announced the new relationship with BCB on their LinkedIn page y…
XBTO partners with Bermuda Commercial Bank Read More
Business / Royal Gazette

Start-up offers scalable risk and capital solutions for insurers

March 2, 2026

A centralized management platform for the life and annuity sector has officially launched in Bermuda.
Foundry Insurance Services Ltd is dedicated to providing services, including investment, risk and…
Start-up offers scalable risk and capital solutions for insurers Read More
Business / Royal Gazette

Fidelis to pay $163m to buy out founding investor

March 2, 2026

Fidelis Insurance Group has agreed to pay $163.3 million to repurchase all the remaining shares held by one of its founding investors.
The deal will see Fidelis repurchase 8,597,170 common shares at $…
Fidelis to pay $163m to buy out founding investor Read More
Business / Royal Gazette

Oil prices surge as Strait of Hormuz tanker disruptions rattle global supply

March 2, 2026

FRANKFURT, Germany (AP) — Oil prices rose sharply Monday as disruptions in tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how US and Israeli attacks on Iran would aff…
Oil prices surge as Strait of Hormuz tanker disruptions rattle global supply Read More
Business / Royal Gazette

Oil prices set for swings as Iran crisis raises supply uncertainty

March 1, 2026

FRANKFURT, Germany (AP) — Oil markets currently closed for the weekend are set to see price swings next week as the impact from the US and Israeli strikes on oil supplies from the Middle East remains …
Oil prices set for swings as Iran crisis raises supply uncertainty Read More
Business / Royal Gazette

Summit panel to tackle risk, returns and resilience

March 1, 2026

The Bermuda Business Development Agency will bring together three global reinsurance CEOs for a headline session at the upcoming Bermuda Risk Summit 2026.
“The State of Reinsurance: Balancing Risk, Re…
Summit panel to tackle risk, returns and resilience Read More
Business / Royal Gazette

HSBC lifts dividend after stronger core performance

March 1, 2026

HSBC reported stronger underlying earnings in 2025 but lower statutory profit after one-off charges and impairments weighed on headline results. The bank said profit before tax excluding notable items…
HSBC lifts dividend after stronger core performance Read More
Business / Royal Gazette

Quality porcelain tile for wall or floors

March 1, 2026

Phone Number
4417055543
New/Used
New
Condition
Excellent
Seller Type
Price
250

Quality porcelain tile for wall or floors
Emser white hexagon tile 16 pieces (36 sq ft) good for floor or walls $250
Also included 6 sq ft of plain white Emser tile that can be used as a border
Argento Maple faux wood tile 17 pieces (25 sq ft) for floors
$175

Quality porcelain tile for wall or floors Read More
Business / Royal Gazette

Temporary closure at restaurant hit by structural issue

February 28, 2026

A mystery building issue forced a popular Front Street eatery to temporarily shut its doors yesterday.
Holger Eiselt, managing director of Take Five, which operates One29, spoke after pieces of fire-…
Temporary closure at restaurant hit by structural issue Read More
Business / Royal Gazette

Planning is key to building college fund

February 28, 2026

For most parents, few moments compare to the pride of watching your child graduate from high school, knowing this is the moment they step into the real world, ready to pursue the dreams they have onl…
Planning is key to building college fund Read More
Business / Royal Gazette

Some basic knowledge can dispel fear of investing

February 28, 2026

Dear Dave,
I’m 50 years old, and through a series of bad life decisions, I have nothing set aside for retirement. Now that I’m finally in a better place financially, I’m getting to the age where peopl…
Some basic knowledge can dispel fear of investing Read More
Business / Royal Gazette

Bank falls on NYSE

February 27, 2026

The RG/BSX Index fell 5.76 points (0.17 per cent) to 3,339.62 today, after 2,000 Bank of Butterfield shares traded, closing on the Bermuda Stock Exchange ten cents (0.2 per cent) lower at $52.
Only on…
Bank falls on NYSE Read More
Business / Royal Gazette

Assured Guaranty’s 2025 net income tops $500m

February 27, 2026

Assured Guaranty Ltd delivered a year of sharply higher earnings and record per‑share value metrics in 2025, highlighting strengthened new business production and continued share repurchases, in a sta…
Assured Guaranty’s 2025 net income tops $500m Read More
Business / Royal Gazette

Hamilton posts $577m profit and $206m special dividend

February 27, 2026

Hamilton Insurance Group Ltd reported record net income of $576.7 million for 2025 and declared a $206 million special dividend to shareholders, even after absorbing nearly $160 million in catastrophe…
Hamilton posts $577m profit and $206m special dividend Read More
Business / Royal Gazette

Brit’s growing Bermuda unit helps to fuel group’s profits

February 27, 2026

Brit Insurance’s full-year, after-tax profit surged 36.2 per cent to $651.8 million, helped by a strong performance from its growing Bermudian-based reinsurance unit.
The London-headquartered group, w…
Brit’s growing Bermuda unit helps to fuel group’s profits Read More
Business / Royal Gazette

Insurer rolls out cover for AI ‘hallucinations’

February 26, 2026

Mosaic has partnered with Munich Re to launch insurance cover for artificial intelligence models that make mistakes or underperform.
The Bermudian-based firm said it has partnered with Munich Re’s aiS…
Insurer rolls out cover for AI ‘hallucinations’ Read More
Business / Royal Gazette

Bank price climbs

February 26, 2026

The RG/BSX Index dropped 0.98 (0.03 per cent) to 3,345.38 as Allshores dropped ten cents (0.5 per cent) to $21.70 after 6,800 shares traded on the Bermuda Stock Exchange, valued at $147,560.
The Bank …
Bank price climbs Read More
Business / Royal Gazette

Closed door session at Captive Conference

February 26, 2026

The Bermuda Captive Conference, scheduled for June 1- 3 at the Hamilton Princess & Beach Club, will feature a dedicated half-day forum “reserved exclusively for captive owners, by captive owners”….
Closed door session at Captive Conference Read More
Business / Royal Gazette

WeSpeak and Butterfield strengthen partnership

February 26, 2026

WeSpeak Bermuda has strengthened its longstanding partnership with Butterfield Bank, which has become a platinum partner.
Butterfield’s support will help WeSpeak to expand its programming and deepen i…
WeSpeak and Butterfield strengthen partnership Read More
Business / Royal Gazette

Winter storm losses unlikely to hit reinsurers hard

February 26, 2026

Two major United States winter storms are expected to make the first quarter of 2026 an above-average catastrophe period, according to AM Best, although the ratings agency said most of the losses are …
Winter storm losses unlikely to hit reinsurers hard Read More
Business / Royal Gazette

Powerhaus Pilates offers workshop for men

February 26, 2026

A Powerhaus Pilates and Treehouse workshop on Sunday March 8 is aimed at introducing Pilates to men, in a hands-on 90-minute session at the Treehouse Yoga premises on Trott Road in Hamilton.
The sessi…
Powerhaus Pilates offers workshop for men Read More
Business / Royal Gazette

Chamber calls for clarity on planned consumer protection changes

February 26, 2026

The Bermuda Chamber of Commerce has raised concerns over the proposed transfer of consumer protection functions to the Regulatory Authority.
The changes were suggested in last Friday’s Budget Statemen…
Chamber calls for clarity on planned consumer protection changes Read More
Business / Royal Gazette

Report: $3bn in Russian trade deals routed through Bermuda

February 26, 2026

Investigative journalists tracking Russia’s trade deals since its attack on Ukraine have published an extensive report on its trade through British Overseas Territories, in which Bermuda features seco…
Report: $3bn in Russian trade deals routed through Bermuda Read More
Business / Royal Gazette

Fidelis posts $225m profit and announces name change

February 25, 2026

Fidelis Insurance Holdings reported that its full-year net income rose nearly 10 per cent to $225.5 million.
Underwriting income totalled $117.2 million, as gross premiums written increased 7.1 per c…
Fidelis posts $225m profit and announces name change Read More
Business / Royal Gazette

Fitch upgrades SiriusPoint’s ratings

February 25, 2026

Fitch Ratings has upgraded the ratings of SiriusPoint, including the insurer financial strength rating of its operating subsidiaries to A (Strong) from A-, its long-term issuer default rating to BBB+ …
Fitch upgrades SiriusPoint’s ratings Read More
Business / Royal Gazette

Relm launches scholarships with paid work placements

February 25, 2026

Relm Insurance has launched two scholarship programmes in Bermuda and the United States aimed at building early-career talent in insurance, risk and emerging industries.
The speciality insurer said th…
Relm launches scholarships with paid work placements Read More
Business / Royal Gazette

Butterfield shares climb 1.69%

February 25, 2026

The Royal Gazette/BSX Index closed unchanged on 3,346.36 yesterday after no shares traded on the Bermuda Stock Exchange.
On the New York Stock Exchange, Butterfield Bank’s share price gained 86 cents …
Butterfield shares climb 1.69% Read More
Business / Royal Gazette

Sompo completes $3.5bn Aspen takeover

February 25, 2026

Sompo Holdings has completed its acquisition of Bermudian-based Aspen Insurance Holdings Ltd, bringing the island reinsurer fully under the Japanese group’s control and ending its run as a publicly-tr…
Sompo completes $3.5bn Aspen takeover Read More
Business / Royal Gazette

CCRIF makes record $122m payouts

February 25, 2026

The Caribbean Catastrophe Risk Insurance Facility, of which Bermuda is a member, paid out more than $122 million during the 2024/25 policy year, its most impactful year since inception, as Hurricane B…
CCRIF makes record $122m payouts Read More
Business / Royal Gazette

Ascot adds CPP legal chief, former Sompo executive to board

February 25, 2026

Ascot Group Ltd has appointed two senior global executives to its board of directors as the Bermudian-based speciality insurer marks its 25th anniversary.
The company said Patrice Walch-Watson and Chr…
Ascot adds CPP legal chief, former Sompo executive to board Read More
Business / Royal Gazette

Bright Future Prize seeks young people with inspiring ideas

February 25, 2026

Young people aged 15 to 21 with inspiring ideas to improve the community have an opportunity to win a share of $54,000 in prize money offered by the owners of a Bermuda insurance brokerage.
The Bright…
Bright Future Prize seeks young people with inspiring ideas Read More
Business / Royal Gazette

Mutual protection and indemnity renewal robust says Skuld

February 24, 2026

Global marine insurer Skuld has declared a successful and robust outcome for the 2026/27 mutual P&I renewal saying it reflected disciplined underwriting, firm market positioning and continued supp…
Mutual protection and indemnity renewal robust says Skuld Read More
Business / Royal Gazette

New life insurer Ancient Reinsurance forms on the island

February 24, 2026

A new Bermuda-based life insurer, Ancient Reinsurance has formed, after Ancient Financial entered into a definitive agreement to acquire F&G Life Re.
Ancient Financial, newly formed financial serv…
New life insurer Ancient Reinsurance forms on the island Read More
Business / Royal Gazette

Cyber fraud rises on global crime lists

February 24, 2026

A new report from the Financial Action Task Force (FATF) reports that cyber-enabled fraud has grown to one of the most widespread and damaging profit-motivated forms of crime, generating large volumes…
Cyber fraud rises on global crime lists Read More
Business / Royal Gazette

IGI posts $127.2m annual profit

February 24, 2026

International General Insurance Holdings reported a fall in net income and gross written premium for 2025.
The Bermudian-based insurer and reinsurer posted a $127.2 million profit for the year, compar…
IGI posts $127.2m annual profit Read More
Business / Royal Gazette

Convex profit rises 40% to record high

February 24, 2026

Convex Group’s full-year net income surged more 40 per cent in 2025, described as “a landmark year” by chief executive officer Paul Brand.
However, Mr Brand expects a more “challenging” market in 2026…
Convex profit rises 40% to record high Read More
Business / Royal Gazette

Hiscox Re launches Hiscox Capital Partners

February 24, 2026

Bermudian-headquartered Hiscox Group has rebranded Hiscox Re & ILS as Hiscox Re.
Hiscox Re is comprised of the group’s reinsurance business and capital partner platform. Reinsurance is written th…
Hiscox Re launches Hiscox Capital Partners Read More
Business / Royal Gazette

Price Forbes hires Gareth Davies as head of property

February 24, 2026

Price Forbes has appointed Gareth Davies as executive vice-president, head of property, effective immediately.
Mr Davies is based in Bermuda and reports directly to Carrie Kelley, CEO of Price Forbes…
Price Forbes hires Gareth Davies as head of property Read More
Business / Royal Gazette

Executive recruiter sees declining life sector staff

February 24, 2026

The head of an executive recruitment agency and relocation firm believes hiring for the life insurance industry peaked in Bermuda last year.
Sylvia Jones, director of Elevate Executive Selection and f…
Executive recruiter sees declining life sector staff Read More
Business / Royal Gazette

America’s Cup helicopter pilot plans Bermuda business

February 24, 2026

A pilot who filmed aerial TV coverage of the America’s Cup in Bermuda is planning to set up a new business on the island offering helicopter flights.
Michael Franck fell in love with the island after …
America’s Cup helicopter pilot plans Bermuda business Read More
Business / Royal Gazette

America’s $10 billion drop in tourism spells opportunity for others

February 24, 2026

American tourism has plummeted, with $10 billion in revenue lost in the last year.
The New York Times has attributed the shortfall of 11 million tourists to increased scrutiny at the border, Immigrat…
America’s $10 billion drop in tourism spells opportunity for others Read More
Business / Royal Gazette

Employment partner appointed at Walkers

February 23, 2026

Walkers has appointed a partner to lead its employment practice in Bermuda.
The law firm said the arrival of Nick Vernon marks a notable expansion of their offering at a time when demand for specialis…
Employment partner appointed at Walkers Read More
Business / Royal Gazette

Bank price down

February 23, 2026

The Bermuda Stock Exchange remained at 3,346.36 in the absence of trading on the Bermuda Stock Exchange.
Meanwhile Butterfield Bank fell $2 (3.76 per cent) on the New York Stock Exchange to end the da…
Bank price down Read More
Business / Royal Gazette

Fiona Luck promoted to independent director of Lloyd’s Council in London

February 23, 2026

Veteran Bermuda re/insurance leader Fiona Luck has been made senior independent director (subject to regulatory approval) and deputy chair of Lloyd’s Council in London.
Lloyd’s is one of the world’s l…
Fiona Luck promoted to independent director of Lloyd’s Council in London Read More
Business / Royal Gazette

Abic: income tax could deter job creation

February 23, 2026

Introduction of an income tax for Bermuda could put companies off hiring or maintaining jobs on the island, an international business leader has warned.
In a statement today, Christian Dunleavy, chair…
Abic: income tax could deter job creation Read More
Business / Royal Gazette

Bermuda’s red carpet instead of red tape for subsea cables

February 22, 2026

Subsea cable expert Fiona Beck, an adviser to the Bermuda Business Development Agency, says Bermuda has become a model for subsea cable investment by streamlining its permitting process to just 70 bus…
Bermuda’s red carpet instead of red tape for subsea cables Read More
Business / Royal Gazette

May dad wants me to pay for his life insurance

February 21, 2026

Dear Dave,
I talked to my dad the other day, and he wants me to pay for his life insurance policy. He says I should look at it as an investment, and he does not want to pay for it himself any more, si…
May dad wants me to pay for his life insurance Read More
Business / Royal Gazette

When life insurance makes sense

February 21, 2026

It is that time of year again when several of my personal insurance policies are up for renewal, including two life insurance policies. To be honest, given my age and the expense, I found myself ques…
When life insurance makes sense Read More

Posts pagination

Previous 1 … 24 25 26 Next

Search

Subscribe to the Bermuda Morning News Brief

* indicates required

Categories

  • Business
    • Bernews
    • Royal Gazette
  • Government
    • Legal Notices
    • Official Gazette
  • News
    • Bermuda Broadcasting
    • Bernews
    • Royal Gazette
    • TNN
  • Sport
    • Bermuda Broadcasting
    • Bernews
    • Royal Gazette
Copyright © 2026 Bermuda News Updates.
Powered by WordPress and HitMag.