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The Regulatory Authority is not perfect and won't get everything right, according to its chief executive Denton Williams, but it is striving to enhance its transparency. In an interview with The Royal Gazette, he spoke about why the Authority spends ...

Bermuda’s piped and bottled water supplier has warned that the ongoing Covid-19 pandemic and increased rainfall in the first quarter of the year will adversely impact the company’s results. The directors of Watlington Waterworks Ltd, in an annual rep...

A new seafood bar, Marea, will open at Newstead Hotel in Paget tomorrow. Marea, which means ‘tide’ in Italian, is part of phase two of the opening of fine dining seafood restaurant, Auròra. General manager Costanzo DiMeglio said: “There is no other ...

The Registrar of Companies is launching the first phase of its new online company registry system next month. This new online registry coming into effect on June 7, will allow the public to view all corporate registers maintained by the Registrar of...

Bermudian-based re/insurer Axa XL has contributed $40,000 to the Bermuda Hospitals Charitable Foundation to support the Covid-19 vaccination clinic at King Edward VII Memorial Hospital. Axa XL said its donation is in response to the BHCF’s appeal for...

There were no trades on The Royal Gazette/BSX Index, which was unchanged at 2,638.1. On the New York Stock Exchange, shares of Butterfield Bank were down 72 cents, or 1.84 per cent, at $38.50. The BSX Insurance Index was down 13.88 points, or 0.78 pe...

Hamilton Insurance Group, Ltd today announced the appointment of Craig Howie as Group chief financial officer. Mr Howie will report to Group chief executive officer Pina Albo, starting July 1, subject to requisite regulatory approval. He replaces To...

Apex Group Ltd, the global financial services provider founded in Bermuda, has acquired Tzur Management, a fund administration services provider with offices in Tel Aviv and New York. Terms of the deal were not disclosed. Apex said the strategic dea...

Acrisure Re, the reinsurance broking and corporate risk advisory firm with an operation in Bermuda, has launched an international facultative unit. The company, which is the reinsurance division of global insurance broker and fintech services provide...

Working together, the Regulatory Authority and Belco have achieved a midyear reduction in the retail tariff that is applied to electricity bills. Across the board, the tariff decrease averages out at about 1.6 per cent. It will take effect from June ...