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Bermudian-based insurers and reinsurers will likely see continued firming of pricing in 2020, with surplus growth and modest gains in underwriting profits driven by organic growth opportunities and solid capital levels, according to Fitch Ratings. R...

Richard Simon has always had an entrepreneurial spirit. His late father was fond of telling the story of how Richard, age 5, went door-to-door selling Kleenex for five cents a tissue. Now 65, Mr Simon operates six businesses under the Incentis umbrel...

Shares of Butterfield Bank were down 15 cents, or 0.42 per cent, at $35.24 on the New York Stock Exchange. It was another quiet day on The Royal Gazette/BSX Index, with no trading. The index closed unchanged at 2,336.94. Meanwhile, the BSX Insurance ...

Bermuda maintained its position as the premier jurisdiction for captives last year, with a total of 715 captives writing gross premiums of approximately $40 billion, according to the Bermuda Monetary Authority. Twenty-two new captives registered in 2...

Sixteen members of the Bermuda branch of the Institute of Directors have earned professional designations. Laura West Burt and James O’Shaughnessy achieved the IoD diploma in company direction designation, taking to 22 the number of Bermuda diploma h...

The Ledgelets in Sandys was once a thriving cottage colony owned by John and Nelga Young. Then the tourism slide began; the couple passed away and the Ledgelets became strictly residential in the 1990s. Now the property is going through a revival, of...

Bermuda’s coffee-loving cyclists are lamenting the closure of an East End café and cycle hub. Victoire Cafe and Cycle Club, opened on Water Street in St George by owner Tyler Simmons in 2018, has closed its doors. The café quickly became known for th...

Shares of Butterfield Bank were up 19 cents, or 0.54 per cent, at $35.39 on the New York Stock Exchange. There were no trades on The Royal Gazette/BSX Index, which closed unchanged at 2,336.94, while the BSX Insurance Index was up 10.47 points, or 0....

Ahead of its fourth-quarter earnings report, Axis Capital Holdings Ltd has said its results will be impacted by a pre-tax loss of $140 million for catastrophes and other weather-related events. The Bermudian-based insurer and reinsurer said those los...

Bermudian graphic artists and marketing talent came together to create a memorable memento for participants in The Royal Gazette Bermuda Triangle Challenge. A set of four medals issued to those who completed the Challenge miniseries of road races at ...