10% Pension Increase For Public Sector Retirees

The Government introduced legislation to “provide a 10% increase in pensions for public sector retirees” and said that “payments will begin in October 2026 and will include retroactive amounts back to April 2026.” A Government spokesperson said, “On Friday, the Government introduced the Pensions [Increase] Amendment Act 2026 to provide a 10% increase in pensions for …
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Bean & Crofton Receive Energy Bursary Awards

Neriah Bean and Benjamin Crofton are the inaugural recipients of the Department of Energy Bursary Programme, which offers two scholarships of $25,000 each and a paid summer internship at the Department of Energy. A Government spokesperson said, “The Hon. Alexa N. H. Lightbourne, JP, MP, Minister of Home Affairs, announced the inaugural recipients of the Department of …
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Photos & Video: CG Wellness Festival Event

CG Insurance marked the launch of its newly rebranded CG Wellness programme with the inaugural CG Wellness Festival on Saturday [May 30], featuring fitness classes, live local entertainment, Gombeys, vendors and more. “The festival reflects CG’s broader commitment to making wellness accessible, engaging, and community-driven,” the company said. “Rebranding Zest Wellness to CG Wellness is …
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AM Best Affirms Allied World Ratings

AM Best has affirmed the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Ratings of “aa-” [Superior] of the operating affiliates of Allied World Assurance Company Holdings, Ltd.’s [Allied World Holdings] [Bermuda], collectively referred to as Allied World. Concurrently, AM Best has affirmed the Long-Term ICRs of “a-” [Excellent] of Allied World …
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Airport Authority’s 2023-24 Annual Report

The Bermuda Airport Authority’s 2023-2024 Annual Report, which highlighted increased air connections, the launch of BermudAir and continued recovery in passenger arrivals, was presented in the House of Assembly on Friday [May 29]. Lawrence Scott, Chairman Bermuda Airport Authority, said, “The Bermuda Airport Authority’s vision and mission is to connect Bermuda to the world by …
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Carnival Cruises Cybersecurity Incident

Carnival Corporation has begun notifying individuals whose personal data was affected by the cybersecurity incident, with the cruise ship giant noting that “an unauthorized actor used social engineering to deceive an employee to gain access to a limited portion of the company’s IT system.” A spokesperson said “Carnival Corporation today announced that notification letters have …
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Video: BTA Launches ‘9 People 9 Parishes’

The Bermuda Tourism Authority [BTA] has launched its “9 People, 9 Parishes” feature, showcasing the island’s nine parishes through the stories, traditions, and local perspectives of the residents who know them best. The BTA website said, “You might not even realise it’s happening, but as you explore Bermuda, you’ll cross invisible boundaries into distinct parishes, …
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ShaMaran Completes Continuance To Bermuda

ShaMaran Petroleum Ltd said they have “completed their previously announced corporate continuance from Canada to Bermuda.” A spokesperson said, “The Company’s shares have been delisted from the TSX Venture Exchange in Toronto [TSXV] and are expected to begin trading under ticker symbol ‘SNM’ on the Euronext Growth Oslo market [EGO] operated by the Oslo Stock …
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