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News
OT leaders visit Bermuda’s House of Assembly
1+ day, 3+ hour ago (205+ words) A premier and deputy premier of two other British Overseas Territories watched Bermuda legislators at work when they visited the island’s House of Assembly on Friday. A spokeswoman said Cora Richardson-Hodge, Premier of Anguilla, and Jamell Robinson, Deputy Premier of…...
Out of tragedy came Bermuda’s re/insurance transformation
3+ day, 9+ hour ago (967+ words) The impact of the September 11 terrorist attacks on Bermuda’s business landscape was transformational. Twenty-five years on, the ripple effects are still plainly visible in the island’s re/insurance marketplace. Initially, it was a story of loss — loss of industry lives…...
Tax benefit boosts Coralisle profits
4+ day, 8+ hour ago (548+ words) Coralisle Group recorded a 38 per cent increase in earnings last year and sold its minority stake in a Trinidadian-based insurer for $11.6 million, the company’s financial statements for 2025 reveal. Net income was $94.7 million in 2025, said Coralisle, up 38 per cent from $68.6 million…...
Wills Re appoints Neil Eckert as CEO - The Royal Gazette | Bermuda News, Business, Sports, Events, & Community |
5+ day, 53+ min ago (407+ words) Willis Re has appointed Neil Eckert, the cofounder and chief executive of Conduit Re, as its next CEO. The appointment was announced the day after Conduit said Christian Dunleavy, a Bermuda market veteran and the former group president of Aspen…...
Why food sovereignty matters for Bermuda
5+ day, 8+ hour ago (498+ words) Last November, a group of key stakeholders organised the Food Sovereignty Forum, which brought together farmers, activists, community leaders, and residents who care deeply about the future of food on this island. This act reflects a growing movement of Bermudians…...
Christian Dunleavy to take over as CEO of Conduit - The Royal Gazette | Bermuda News, Business, Sports, Events, & Community |
5+ day, 9+ hour ago (605+ words) Christian Dunleavy is to take over as chief executive of Bermudian reinsurer Conduit Holdings. The Bermudian industry veteran will take the helm at Conduit on March 1, 2027, succeeding Neil Eckert. On becoming CEO, Mr Dunleavy will also join Conduit’s board as…...
Casualty sidecar growth raises questions over where risk lies
5+ day, 9+ hour ago (739+ words) The rapid growth of casualty sidecars is opening a new frontier for Bermuda's insurance-linked securities market. New investors are flocking to long-tail risks, but some analysts are raising deeper questions about whether all of that risk has truly been transferred…...
Bermuda to host premiers of Caribbean OTs at caucus
5+ day, 9+ hour ago (277+ words) Premiers of the Caribbean Overseas Territories will arrive in Bermuda this week to discuss a range of subjects. David Burt, the Premier, in his capacity as president of the United Kingdom Overseas Territories Association Political Council, will host an OTs…...
Thomas Leonardi: Bermuda proves regulatory recognition must be earned
5+ day, 9+ hour ago (489+ words) Thomas B. Leonardi, former Insurance Commissioner for Connecticut, says Bermuda has taken the regulatory high road in creating an insurance regulatory framework that matches the highest international standards — and praises US regulators for pushing others to follow suit. The National Association…...
Cedar Trace to launch $300m Lloyd’s syndicate
5+ day, 9+ hour ago (377+ words) Cedar Trace Underwriting has a new $300 million Lloyd’s syndicate for the 2027 underwriting year, after last week’s in-principle approval from the Lloyd’s Council. It is led by chief underwriting officer Richard Holden. Cedar Trace is the Bermudian-based insurance, reinsurance and asset…...