Royal Gazette

The Royal Gazette/BSX Index remained unchanged at 3,745.99 points in the absence of trading on the Bermuda Stock Exchange.
Meanwhile, Butterfield Bank fell 48 cents or 0.78 per cent on the New York St…

RenaissanceRe generated net income available to common shareholders of $654.2 million in the second quarter, with the Bermuda-based reinsurer citing strong underwriting performance, higher investment …

The public is being warned about a fraudulent e-mail in the community claiming to be from the Bermuda Monetary Authority.
According to a notice from the BMA, an e-mail sent to a regulated entity purpo…

Willis Re, the international reinsurance broker, today announced the launch of its global life reinsurance practice following the recent appointment of Christian Howells as head of life reinsurance.
T…

Veteran dentist DeVon Binns has launched Signature Dental Aesthetics in Hamilton, a new practice designed to fill holes in the local dental market.
Years ago, running Da Vinci Dental in Hamilton, he …

Axa XL was born 40 years ago in response to a crisis — and that responsiveness to the world’s risk-management needs remains part of the company’s DNA today, 40 years later.
That is the view of Noel Pe…

Over the last 20 years of my advisory practice, the standards for cybersecurity corporate governance have generally evolved incrementally every few months — that is, until now.
On July 17, the Bermuda…

S&P Global Ratings has affirmed the AA financial strength, financial enhancement and issuer credit ratings of Assured Guaranty’s insurance subsidiaries and the A issuer credit rating of AGL.
The o…

The Royal Gazette/BSX Index remained at 3,745.99 in the absence of trading on the Bermuda Stock Exchange.
Meanwhile, Butterfield Bank rose 30 cents, or 0.49 per cent, on the New York Stock Exchange to…

The Bermuda Monetary Authority has launched a consultation on proposals that would allow certain regulated insurance and investment structures to use recognised stablecoins.
The consultation paper ou…

Journi, the taxi app launched this year by the Bermuda Taxi Owners and Operators Association, has been appointed official transport partner of Cup Match.
At next week’s Cup Match, Journi will have on-…

When the Corporation of St George cancelled this year’s annual pre-Cup Match celebration in the Old Towne, for the second year in a row, businesswoman Roberta Munden took matters into her own hands.
W…

Howden Group, the London-based insurance broker that’s chasing an initial public offering by 2030, is in talks to raise several billion pounds in new private capital as it seeks to maintain its breakn…

The Royal Gazette/BSX Index remained at 3,745.99 in the absence of trading on the Bermuda Stock Exchange.
Meanwhile, Butterfield Bank fell 52 cents, or 0.85 per cent, on the New York Stock Exchange to…

Conyers has named the five recipients of its 2026 legal education awards.
The firm said the awards recognise outstanding Bermudian students who have demonstrated academic excellence and a commitment …

Belco has concluded its summer internship programme which gave 17 students real-world experience across a wide range of departments.
These ranged from engineering, information technology, human resour…

Chubb Tempest Re, the global reinsurance business of Chubb, has announced changes to its senior leadership team.
James Wixtead, senior vice-president, Chubb Group and president, Chubb Tempest Re Group…

Vineyard Vines Bermuda has marked its tenth anniversary, celebrating a decade in business at its distinctive pink store on Front Street.
Customers, business partners and community members attended a p…

It is rare that an Instagram reel serves as the spark for a deeper financial analysis, but this particular clip was impossible to ignore. Its message was profound, forcing a reckoning with the precar…

The Royal Gazette/BSX Index remained unchanged on 3,745.99 today in the absence of trading on the Bermuda Stock Exchange.
For the week, the index slipped 0.92 of a point, with Watlington Waterworks (d…

AM Best has left the credit ratings of Bermudian-based insurer Vantage Risk unchanged following the change of leadership announced by the company this week.
Marc Grandisson, former chief executive off…

Dear Dave,
My parents recently lost their home due to some very bad financial habits. They have always had financial problems, even though my father is smart and makes good money. They found another p…

Shareholders have approved Brookfield’s plan to combine Brookfield Corp and Bermudian-based Brookfield Wealth Solutions under a single publicly-traded parent company.
Both companies got the needed bac…

Shane McDonnell has been appointed client partner at Gnosis, a Bermudian-based IT, cyber and business consultancy.
The appointment is one of several as Gnosis expands its IT and cybersecurity offering…

A grief support charity is alarmed that victims of gun crimes are “becoming younger and younger” after a double shooting on Wednesday night.
The Gina Spence Programme said it was saddened after two bo…

Gosling’s has partnered with Moongate Brewing Co to expand the availability of the locally brewed beer across the island.
The wines and spirits firm became the St George’s brewery’s official distribu…

Bermuda’s insurance sector added four more insurers in June, pushing the total number of new insurance companies licensed this year to 31. Activity was strong across both the island’s insurance-linked…

SiriusPoint, the Bermudian-headquartered global specialty underwriter, has appointed Emily Yoo as chief operating officer, a newly created role, effective August 10, 2026.
Ms Yoo will be based in New …

The Royal Gazette/BSX Index closed unchanged on 3,745.99 in the absence of trading on the Bermuda Stock Exchange today.
Meanwhile, the US-listed shares of Butterfield Bank soared $1.25, or 2.05 per ce…

The Bermuda Monetary Authority has issued a public warning in relation to an “investment opportunity seminar” at an island hotel this week.
Returns of 18 per cent on a $100,000 investment were describ…

Howard Hughes Holdings has appointed two former Arch Capital Group executives to lead the next phase of growth at Vantage, marking the first major leadership transition since its acquisition of the Be…

Aon has named David Crofts global head of capital solutions for financial sponsors, effective August 1. Mr Crofts will report to Joe Peiser, CEO of Risk Capital for Aon.
Aon, a risk adviser, insurance…

A Bermudian-based specialist marine insurer has taken a major step towards merging with one of the world’s leading protection and indemnity clubs, prompting AM Best to place its credit ratings under r…

Every year, a new smartphone arrives promising a better camera, a brighter screen, or some new artificial intelligence feature that is supposed to change the way we live. Most of us have become a lit…

Caricom has presented a plan for Britain to give up its territories, including Bermuda, as part of a raft of reparation proposals.
The key suggestion is featured in a policy statement being promoted i…

The Royal Gazette/BSX Index fell 1.9 points, or 0.05 per cent, to end the day at 3,745.99.
Only Watlington Waterworks saw movement with 600 shares trading with the price falling $1.50, or 4.4 per cent…

Liberty Mutual Bermuda has welcomed eight summer interns to its annual internship programme, which offers students and young professionals the opportunity to gain hands-on experience across the insura…

The world’s central bankers have warned that privately issued stablecoins should not become the foundation of the monetary system, even as Bermuda moves ahead with plans to expand stablecoin payments …

Mereo Insurance, the start-up launched by industry veteran Brian Duperreault, has joined the Association of Bermuda Insurers and Reinsurers.
Launched in February 2025, Mereo is a Bermuda-based reinsu…

Global logistics company DHL has closed the customer services desk at its location in Cox’s Hill, Pembroke.
All customer services, including package pick-up, will now be available only at its Hamilton…

Mosaic Insurance has welcomed eight interns across its offices in Bermuda, London, New York, and Chicago this summer, the largest group in the programme’s six-year history.
This year’s cohort, placed …

Shares of Allshores climbed 0.4 per cent in Bermuda Stock Exchange trading today. The insurer gained ten cents to close on $27.10 on the trading of 1,200 shares.
With Allshores the only stock to trade…

Britain is setting its sights on attracting a great share of the captive insurance market — in which Bermuda is a leading player.
The Bank of England announced today that financial regulators Prudenti…

Tanisha Butler has launched a boutique law practice with a focus on meeting the legal needs of “everyday Bermudians”.
Attorney Ms Butler said Roseum Legal and Consulting Services is dedicated to provi…

Artificial intelligence will be capable of doing the work equivalent of nearly 400 million of today’s jobs by 2050.
But global trends such as the ageing population and climate change will drive the cr…

The RG/BSX Index remained at 3,746.91 on the Bermuda Stock Exchange.
Five hundred shares of Butterfield Bank traded, leaving the bank unchanged at $58.05, while 700 Allshores shares changed hands with…

Bermudian-based tanker operator DHT Holdings generated time charter equivalent second-quarter earnings of $126,700 per day for each of the company’s vessels, which are all in the very large crude carr…

Carey Olsen has made a pledge to OutBermuda, signing on as a “rainbow sponsor” for the Bermuda Pride event for three years.
A spokesman for the charity said this was a landmark moment for OutBermuda, …

Nigel Burgess, director of utility regulation at the Regulatory Authority of Bermuda, has been elected deputy chairman of the Organisation of Caribbean Utility Regulators.
The appointment places a Ber…

Pay transparency in Bermuda has moved well past the idea stage. Jason Hayward, the Minister of Economy and Labour, first announced the Government’s policy proposal at a press conference on April 13, w…