Read the latest news from regional and global sources, presenting different voices and perspectives.
Somerset Life Re receives excellent AM Best ratings
The Royal Gazette
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August 27, 2025
Created: Aug 27, 2025 07:57 AM The outlook assigned to Somerset Reinsurance was stable (Photograph supplied) AM Best has assigned a financial strength rating of A (Excellent) and a long-term issuer credit rating of “a” (Excellent) to Somerset Life...
Bermuda Public Companies Update, Summer 2025
JD Supra - California
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August 20, 2025
This edition of the Bermuda Public Companies Update summarises significant transactions involving Bermuda companies listed on the New York Stock Exchange (NYSE) and Nasdaq in the first half of 2025. The first half of 2025 reflects a cautious...
Architect Walter S. White: New York Star Architect Gave Desert Glass And Waves
Times Square Chronicles
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August 27, 2025
In Palm Springs, the desert sun does not merely shine — it illuminates a stage. Against the rugged silhouette of the San Jacinto Mountains, modernist architecture rose after World War II with an audacity and brilliance unmatched anywhere else in...
Haycen Secures Stablecoin Issuance License in Bermuda
CoinDesk
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Haycen, a company focused on trade financing, secured a stablecoin issuance license from the Bermuda Monetary Authority (BMA), the company said Friday. The Digital Asset Business (M) license allows Haycen to issue and manage 1:1 collateralized...
Gold Reserve Retains Cantor Fitzgerald as Strategic Financial Advisor
Financial Post
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August 22, 2025
Article content PEMBROKE, Bermuda — Gold Reserve Ltd. (TSX.V: GRZ) (BSX:GRZ.BH) (OTCQX: GDRZF) Gold Reserve is pleased to announce it has engaged Cantor Fitzgerald & Co. as its strategic financial advisor in connection with the Company’s bid to...
Bermuda leads world in capital growth for reinsurers
The Royal Gazette
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August 20, 2025
Created: Aug 20, 2025 07:45 AM Bermudian-based companies represent about 15 per cent of global reinsurance capital, an AM Best report has found (File photograph by David Fox) Bermudian-based reinsurers delivered the strongest capital growth of any...
Indemnity Costs and Issue-Based Costs Orders in the Bermuda Court of Appeal
JD Supra - California
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August 22, 2025
The Court of Appeal for Bermuda has lately clarified two important aspects of the law of litigation costs in Bermuda: the test for indemnity costs and the availability of issue-based costs awards. In each respect the Court of Appeal has endorsed a...
Barbadian police officer in Bermuda gets service award back home
The Royal Gazette
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August 22, 2025
Created: Aug 22, 2025 03:58 PM (Updated: Aug 22, 2025 04:48 PM) Hashim Estwick wins the Pride of Barbados Diaspora Award (Photograph supplied) A police officer working for the Bermuda Police Service was honoured in his home country of Barbados for...
Bermuda Stock Exchange Report: August 19 2025
Bernews
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August 20, 2025
August 19 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 2,978.63, even on the day. There were 0 advances, 0 declines, and 50 remained unchanged. The full report for the day is available here [PDF]. Read More About...
Ceremony to reflect upon slave trade and legacy
The Royal Gazette
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August 22, 2025
Created: Aug 22, 2025 03:20 PM The sculpture We Arrive in Barr’s Bay Park (File photograph by Akil Simmons) A ceremony in Hamilton this Sunday will highlight the global legacy of the Transatlantic Slave Trade in Bermuda. The African Diaspora...
Aviation group to host Skies ‘N’ Ties forum
The Royal Gazette
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August 27, 2025
Created: Aug 27, 2025 07:55 AM Take off: Skies ‘N’ Ties is on Friday from 6.30pm to 8.30pm (Image supplied) A group of flight enthusiasts will host an event this week at LF Wade International Airport to spread more awareness about opportunities...
Asian reinsurers look to Bermuda as they expand
The Royal Gazette
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August 22, 2025
Created: Aug 22, 2025 07:58 AM Bermuda has emerged as one of the destinations of choice for Asian reinsurers looking to expand into global markets (Photograph by Kin Cheung/AP) Asian reinsurers are stepping up their presence in global markets, and...
Erin: Key Outer Banks artery remains shuttered
The Center Square
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August 22, 2025
(The Center Square) – North Carolina’s primary driving route through the Outer Banks on Friday morning remained closed on Ocracoke Island and Hatteras Island. N.C. 12 was washed over by water and sand from the ocean following the pass of Hurricane...
Are you a tropical storm and hurricane fanatic? Register for Wednesday night's virtual NWS class
WXII 12 - North Carolina
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August 27, 2025
New tropical SKYWARN class Wednesday night; Register for the National Weather Service virtual hurricane event There's still time to register for Wednesday night's tropical SKYWARN class! THAT’S WXII 12.COM BRINGING IN METEOROLOGIST BRIAN SLOCUM...
Post office suspends package shipments to US
The Royal Gazette
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August 27, 2025
Created: Aug 27, 2025 08:00 AM Post offices in many countries, including Bermuda, have halted services while they await clarity from American authorities (File photograph by Akil Simmons) The Bermuda Post Office has joined dozens of international...
Bermudians urged to prepare for the passage of Hurricane Erin
The Gleaner
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August 19, 2025
HAMILTON, Bermuda, CMC – Bermudians were on Tuesday urged to take the threat posed by a slightly weakening Hurricane Erin seriously as the first hurricane of the 2025 Atlantic season moved closer towards the British Overseas Territory. “Too often...
Hurricane Erin lashes Outer Banks with strong winds and waves
WISH 8 - Indiana
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August 21, 2025
RODANTHE, N.C. (AP) — Hurricane Erin battered North Carolina’s Outer Banks with strong winds and waves that flooded part of the main highway and surged under beachfront homes as the monster storm slowly began to move away from the East Coast on...
Bermudian-based reinsurers climb global rankings
The Royal Gazette
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August 19, 2025
Created: Aug 19, 2025 07:57 AM More than ten of the world’s top 50 reinsurers have a big presence in Bermuda (File photograph by David Fox) Several Bermudian-based reinsurance groups have climbed the global rankings in the latest AM Best World’s...
Corporation To Pay $8.2M To Settle MIF Dispute
Bernnews
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August 19, 2025
August 19, 2025 The Corporation of Hamilton has agreed to make a one-time payment of $8.2 million in exchange for the “retrieval of property deeds and the conclusion of all legal proceedings in both Bermuda and the United States” to settle the...
Google announces Chesterfield data center as part of $9B investment
Virginia Business
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August 27, 2025
SUMMARY: Google is investing an additional $9 billion in Virginia by 2026 for cloud and AI infrastructure Investment includes a new data center in Chesterfield County, currently under construction Other expansions planned in Loudoun and Prince...