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Mike Hoffmann has joined the Everest Insurance to fill a newly created role as head of risk and ceded reinsurance. He will be based in the company’s Bermuda office. Mr Hoffman, who was formerly with Allied World Assurance, will lead a team with respo...

Shares of LOM Financial Limited improved four cents, or 1.5 per cent, to $2.79 after 38,865 traded on The Royal Gazette/BSX Index. There was also trading in 700 shares of BF&M Ltd, but with no change to the closing price of $18. In New York, shares o...

Cruise ship operator NCL Corporation Ltd has listed almost $2 billion of debt on the Bermuda Stock Exchange. The company, which operates Norwegian Cruise Line, is a subsidiary of Norwegian Cruise Line Holdings Ltd, which raised capital in July to bol...

The chief executive officer of a blockchain arbitration company focused on smart contracts has praised the Government’s commitment to making Bermuda an international arbitration centre. Kevin Richards, who leads The Proof of Trust Group, backed plans...

Two of the island’s largest hotels are scheduled to open to guests within the next three weeks. The Royal Gazette understands that the Hamilton Princess and Beach Club intends to reopen on August 24, while the Fairmont Southampton plans to start welc...

Executemps Ltd, one of Bermuda’s longest established temping agencies, is under new ownership. Michelle White, the new owner, is promising to bring 21st-century innovation to the resource service business. “Many will probably wonder why anybody wou...

A total of 25,000 shares of Argus Group Holdings Ltd traded on the Bermuda Stock Exchange. The insurer’s share price remained unchanged on $2.62. Argus was the only issue to trade as The Royal Gazette/BSX Index closed unchanged on 1,833.85. The BSX I...

Law firm Carey Olsen Bermuda has launched a new corporate service provider business. Carey Olsen Services Bermuda Ltd specialises in the complete range of corporate administration and compliance services, including the formation and incorporation of ...

The Bermuda Government is buying back up to $500 million of its bonds from investors and selling new debt. The move is part of the Government’s plan to restructure existing debt, with the aim of securing more favourable interest rates, and issuing ne...

Shares of LOM Financial Ltd fell by 0.7 per cent in Bermuda Stock Exchange trading. The investment firm slipped two cents to $2.75 on the trading of 10,000 shares. The Royal Gazette/BSX Index fell 0.12 of a point, to close on 1,833.73. The BSX Insura...