The Bermuda Pilot Gig Club’s fourth International Gig Regatta concluded, with approximately 70 visiting rowers taking part in the event alongside local rowers. A spokesperson said, “The Bermuda Pilot Gig Club [BPGC] proudly hosted its fourth Bermuda International Regatta, an event that brought together pilot gig rowing enthusiasts and supporters from both local and international communities for […]

Everest Group, Ltd.  has named industry leader Bill Hazelton Executive Vice President of Everest Insurance & President of North America Insurance. A spokesperson said, “Mr. Hazelton most recently served as Head of US Retail Casualty and Industry Practices for Everest Insurance. Prior to Everest, Mr. Hazelton spent three decades in various leadership roles across underwriting, claims […]

Darag Group announced that it has “agreed to sell, subject to regulatory approvals, its North American and Bermuda business entities to the RiverStone Group.” A spokesperson said, “The sale is expected to close by year end. Darag’s North American and Bermuda business has built a reputation as the leading player in its niche market. Darag and […]

Fidelis Insurance Group declared a dividend and announced a new share repurchase authorization. A spokesperson said, “Fidelis Insurance Holdings Limited, a global specialty insurer, announced today that its Board of Directors has approved and declared a dividend of $0.10 per share, payable on September 30, 2024, to common shareholders of record on September 16, 2024. “In addition, […]

International General Insurance Holdings declared an ordinary common share dividend of $0.025 per share. A spokesperson said, “International General Insurance Holdings Ltd. today announced that its Board of Directors has declared an ordinary common share dividend of $0.025 per share for the period April 1, 2024 – June 30, 2024. The dividend is payable on […]

Freisenbruch Insurance will close its office at 2:00 p.m. today due to Hurricane Ernesto. A spokesperson said, “As we prepare for the impacts of Hurricane Ernesto, we remain mindful of our obligations to keep our clients, our staff and our families safe. “Today [Friday] our office will close at 2:00pm and is scheduled to reopen […]

Compre Group completed a $150 million reinsurance deal with Accelerant, approved by the Bermuda Monetary Authority. A spokesperson said, “Compre Group Holdings Limited [Compre], the Bermuda-domiciled international legacy and reinsurance group, today announced it has completed a legacy reinsurance transaction with Accelerant, the data-driven risk exchange, following approval by the Bermuda Monetary Authority. The transaction, […]

Total dedicated reinsurance capital in 2023 jumped by 7% to USD 568 billion, with an even larger increase projected for 2024, according to a new AM Best report. A statement from the ratings agency said, “The Best’s Market Segment Report, “Dedicated Reinsurance Capital Thrives in Hard Market,” is part of AM Best’s look at the […]

Lockton Re announced that Kristopher Lynn joined as a Senior Broker and Practice Leader for Agriculture, bringing nearly 20 years of industry experience to their Bermuda office. A spokesperson said, “Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, is pleased to announce that Kristopher Lynn has joined Lockton Re […]

Member companies of the Association of Bermuda Insurers and Reinsurers [ABIR] recorded a strong 18% year-over-year increase in premium written in 2023. A spokesperson said, “ABIR’s global underwriting report, released today, comprises data from 25 of 31 member re/insurers for the calendar year 2023. The Group generated gross written premium of over $171 billion, up […]

Enstar Group Limited announced that its 35-day “go-shop” period ended without receiving any alternative acquisition proposals, as part of its $5.1 billion merger agreement with Sixth Street. A spokesperson said, “Enstar Group Limited Today announced the expiration of the 35-day “go-shop” period as provided in the previously announced definitive merger agreement, pursuant to which Sixth […]

PwC hosted over 400 reinsurance executives across three events at the annual Rendez-Vous de Septembre [RVS] in Monte Carlo this week. A spokesperson said, “Key themes at this year’s RVS – the largest international gathering in the industry – were the ongoing hard market, improved resiliency of reinsurers, AI and concerns around increasing climate-related risks.” […]

Minister of Labour Jason Hayward gave a keynote address to help open the Bermuda Captive Conference yesterday [Sept 9], wishing attendees “a successful and productive conference.” Minister Jason Hayward said, “Good morning, everyone. I want to extend a warm welcome to all of you, especially our guests who have traveled from overseas to join us […]

Aon plc announced the expansion of its Bermuda reinsurance platform, adding five new team members to enhance local capabilities and drive growth, subject to immigration approvals. A spokesperson said, “Aon plc [NYSE: AON], a leading global professional services firm, today announced the significant expansion of its Bermuda reinsurance platform to augment transactional and capital optimization […]

AM Best affirmed the ratings of Top Layer Reinsurance Ltd., with a stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating [FSR] of A+ [Superior] and the Long-Term Issuer Credit Rating [Long-Term ICR] of “aa-” [Superior] of Top Layer Reinsurance Ltd. [Top Layer] [Bermuda]. The outlook of […]

AM Best affirmed Sura Re Ltd.’s B++ [Good] Financial Strength Rating and “bbb” [Good] Credit Rating, with a stable outlook, citing its strong balance sheet and adequate performance. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating of B++ [Good] and the Long-Term Issuer Credit Rating of “bbb” [Good] […]

Essent Group Ltd. announced that its wholly-owned subsidiary, Essent Guaranty, Inc., has obtained $363.4 million of fully collateralized excess of loss reinsurance coverage on mortgage insurance policies written in July 2023 through July 2024 from Radnor Re 2024-1 Ltd., a newly formed Bermuda special purpose insurer. A spokesperson said, “Radnor Re 2024-1 Ltd. is not […]

AM Best affirmed Golden Tree Reinsurance Limited’s B++ [Good] Financial Strength Rating and “bbb” [Good] Long-Term Issuer Credit Rating, both with a stable outlook. A statement from the ratings agency said, “AM Best has affirmed the Financial Strength Rating of B++ [Good] and the Long-Term Issuer Credit Rating of “bbb” [Good] of Golden Tree Reinsurance […]

Enstar  announced that one of its wholly-owned subsidiaries has entered into an adverse development cover [ADC] reinsurance agreement with certain subsidiaries of James River Group Holdings, Ltd. A spokesperson said, “Under the terms of the agreement, Enstar’s subsidiary will provide $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to […]

[Written by Stephen Wright] Local bodybuilder Ross Caesar hopes his recent impressive achievements on the international stage have inspired others to chase their goals. Caesar followed up his superb third-place finish in the men’s classic physique at the prestigious IFBB Pro League Masters Olympia in Cluj, Romania, last weekend with a second place in the […]

[Written by Stephen Wright] Bermudian bodybuilder Jaydon Goddard made his professional debut at the IFBB Pittsburgh Pro in Pittsburgh, Pennsylvania, at the weekend. Goddard, who gained his pro card at the Amateur Olympia Orlando in November last year, becoming the youngest Bermudian at 25 to earn the designation, competed in the men’s physique class in […]

Beyond Inclusion hosted its Trunk or Treat event this weekend, creating an inclusive Halloween celebration for families to enjoy, with over 25 different organizations and individuals hosting trunks. “Trunk or Treat is an inclusive and accessible alternative to traditional trick-or-treating. This year, we’ve opened the event for members of the general public to attend, in […]

The Premier of Nevis Mark Brantley held a Town Hall meeting during his trip to Bermuda. A spokesperson previously said, “The meeting is aimed at all citizens of Nevis and St. Kitts who currently live in Bermuda and those persons who may be curious about Nevis. The session will offer information about visiting Nevis and […]

The International Fellowship of Christian Churches Bermuda held a three-day ONE Conference from October 25 to 27 at Whitney Institute, with the organization previously saying “this free event features an exciting lineup of activities, including inspiring speakers, delicious food, and engaging fun for all ages.” Related Stories Photos & Video: Blessing Of The Boats Photos: Dedication […]

[Updated with photos] Bermuda is commemorating Remembrance Day with a ceremony and parade in Hamilton today [Nov 11] and you can tune in and watch live below. We will have a photo gallery later on and you can view all our coverage of this year, and past years, Remembrance Day events by clicking here and for over 50 […]

The parrotfish, a species of marine life abundant in Bermuda’s waters, is singlehandedly working to keep both the coral reefs and beaches surrounding the island healthy, all thanks to their voracious appetite and ability to defecate up to 200 pounds of sand per year, with a recent report highlighting the fact that areas that don’t […]

In the House of Assembly today [July 11], Minister of Health, Seniors and Environment Jeanne Atherden delivered a report on the state of health of the coral reefs found in Bermuda’s waters and the Caribbean, citing the report by the Global Coral Reef Monitoring Network [GCRMN] released last week. Minister Atherden said, “Last week saw […]

Fans of all things under the sea now have a new way of exploring the mysteries and wonders of Bermuda’s unique marine life as the Bermuda Zoological Society’s Bermuda Reef Life HD app is now available free for Android users. A spokesperson said, “The app, which was first launched for Apple iOS devices in November […]

“Bermuda’s marine environment and its inhabitants are used to major storms, including hurricanes. There will inevitably be some acute damage as well as some ongoing negative effects in the short to medium term, but overall our marine ecosystems tend to recover well,” the Department of Environmental Protection said. Having found both a sea fan and […]

The 2014 Reef Watch Report was formally presented by the BZS to Minister for Health, Seniors and Environment Jeanne Atherden and the Ministry’s Permanent Secretary Kevin Monkman, today [Dec 17]. The report is a culmination of the data collected during Reef Watch 2014, which was held on Saturday, June 28, and supported by lead sponsor, Hiscox. […]

Bermuda-based Catlin Group has joined forces with the Natural History Museum in London to present a major exhibition, which opens today [Mar 27], that explores the importance and beauty of the world’s coral reefs. The exhibition, ‘Coral Reefs: Secret Cities of the Sea’, includes 250 specimens from the Natural History Museum’s coral, fish and marine invertebrate collection. […]

Polar explorer and environmentalist, Robert Swan OBE, once said: “The greatest threat to our planet is the belief that someone else will save it.” “Bermuda remains on the precipice when it comes to protecting its natural resources, particularly its coral reef system, which provides us with provision, protection and pleasure. Therefore, it is vital that […]

Thanks to a partnership between the Bermuda Zoological Society and the I Am Water Conservation Trust, which is sponsored by XL Catlin, Bermuda’s students are being exposed to our underwater frontiers through a unique programme called Kids on the Reef. A spokesperson said, “Since Bermuda’s formation, the ocean has run through its veins and served […]

Although the weather may not have fully cooperated on Saturday, June 27th, the Bermuda Zoological Society’s annual REEF Watch citizen science initiative, sponsored by Hiscox, has proven to be another successful year. The event supports the work of the Bermuda Reef Ecosystem Analysis and Monitoring [BREAM] programme led by chief scientist Dr. Thaddeus Murdoch. In […]

Royal Bermuda Regiment divers are to join forces with an environmental watchdog to help protect the Island’s reef system. And the Regiment and the Bermuda Reef Ecosystem Analysis and Monitoring Programme [BREAM] appealed for volunteer divers and snorkelers to join them in a major reef mapping programme at Elbow Beach in Paget on Sunday. The […]

Foreign scientists working in small island states need to create better collaborations with local researchers and marine management entities if coral reefs, fish, and other marine resources are to be saved from irreversible degradation, according to a new opinion paper published by researchers from the Caribbean, Canada, the USA, and UK. The opinion, published last […]

Five years of data collected on reefs and offshore in Bermuda shows that coral reef chemistry – and perhaps the future success of corals – is tied not only to the human carbon emissions causing systematic ocean acidification, but also to seasonal and decadal cycles in the open waters of the Atlantic, and the balance […]

A new three-year NASA field expedition gets underway this year to survey more of the world’s coral reefs, with Dr Eric Hochberg from the Bermuda Institute of Ocean Sciences set to be involved in the study. NASA said, “Coral reefs, sometimes called the rainforests of the sea, are home to a quarter of all ocean […]

“Despite living walking distance to the shoreline, many Bermudian young people have never seen the world just beneath the waves. With no exposure to the wonder and excitement of the ocean, how would Bermuda’s future generations appreciate their own big blue backyard?” – I Am Water Foundation. The Bermuda Zoological Society, and lead sponsor XL […]

A recently published video is showcasing the work that the Living Reefs Foundation is doing with the help of 11th Hour Racing to help protect Bermuda’s coral reefs. The Foundation’s website says, “Living Reefs, a Bermuda Registered Charity, was formed in 2014 to help implement some of the measures needed to keep Bermuda’s reefs and […]

For a fourth consecutive year, the Bermuda Zoological Society [BZS] is heading out on the water with its team of citizen scientists to survey coral reefs around the island as a part of the annual BZS REEF Watch, with the excursion taking place with the support of lead sponsor HISCOX. The event, which is also […]

The Bermuda Zoological Society has announced that due to the possibility of Karl impacting Bermuda over the weekend, the Reef Watch event will be postponed until Saturday, 8th October. “Due to inclement weather, we are extending our Reef Watch teams’ survey opportunities for anytime in the next two weeks to ensure that they have a […]

Historically abundant predatory fishes such as groupers and snappers are rare and at critically low numbers on Bermuda reefs based on international standards, according to a recently released report by Bermudian scientists Thaddeus and Jessie Murdoch through the Bermuda Reef Ecosystem Assessment and Mapping [BREAM] Programme. In good news, however, hard corals are at good […]

The Bermuda’s Living Reefs Foundation will host a ‘Coral Garden Party’ on May 19 at 6.30pm at the Rosewood Tucker’s Point Resort. A spokesperson said, “Have you ever heard of Coral Gardening? This relatively new approach to restoring coral reefs is now launched in Bermuda. Since August 2016, Bermuda’s Living Reefs Foundation has installed two […]

The XL Catlin Kids on the Reef programme, a partnership between the Bermuda Zoological Society [BZS] and the I Am Water Foundation, sponsored by XL Catlin has now completed its fifth successful year. The programme brings together world-class free-diving conservationists and local marine ecology educators to take local public middle school students beyond the classroom […]

For the fifth consecutive year, the Bermuda Zoological Society event REEF Watch trained teams of corporate professionals, teenagers and families to conduct coral reef surveys, fish counts and assessments of our reef ecosystem. Scientists collecting dive slates Nineteen teams set out on Saturday, 23 September to sample reefs across the northern platform. With ID sheets, […]

[Opinion column written by Joleah Lamb] There are more than 11 billion pieces of plastic debris on coral reefs across the Asia-Pacific, according to our new research, which also found that contact with plastic can make corals more than 20 times more susceptible to disease. In our study, published in Science, we examined more than […]

Historically abundant predatory fish such as groupers and snappers remain at critically low numbers on Bermuda’s reefs based on international standards, according to a recently released report that monitored their status and trends by Bermudian scientist Dr Thaddeus Murdoch and his local team of research associates through the Bermuda Reef Ecosystem Assessment and Mapping [BREAM] […]

The Bermuda Reef Life HD has recently been updated, with the app “featuring some 300 high definition images divided into 15 sections showcasing the beauty and diversity of Bermuda beneath the surface.” A spokesperson said, “Building from the success of the previous version of his Reef Life app, Ron Lucas’ latest update for the free […]

The Bermuda Underwater Exploration Institute [BUEI] announced that the topic for this month’s ‘Kids Hour Saturdays’ on June 18th is coral reefs. A spokesperson said, “Kids Hours Saturdays’ takes place every third Saturday of the month at 11am and 2pm respectively. Each hour features the screening of short films followed by a book reading for […]