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A company pursuing a legal challenge over an online shopping deal said it is pleased the Government can face accountability for its procurement decisions. Island importer Mailboxes Unlimited launched legal action over the Government’s deal with Flori...

The Government has failed in its bid to block a judicial review into how it signed a controversial deal without putting the contract out to tender. The Cabinet Office ministry made a deal with Florida-based exporter Access USA in May 2021 to set up a...

A wholly owned subsidiary of Bermudian-based insurer Enstar Group Limited has closed a previously announced agreement for a ground-up loss portfolio transfer with island-based Aspen Insurance Holdings Limited and its subsidiaries for their 2019 and p...

The Government has moved to block a judicial review into how it signed a controversial deal without putting the contract out to tender. The Cabinet Office ministry signed a deal with Florida-based shipper Access USA through the Post Office in May, 20...

Fortitude Re has announced the signing and closing of a $4 billion reinsurance transaction between its subsidiary, Bermudian-based Fortitude Reinsurance Company Ltd, and Taiyo Life Insurance Company, a wholly owned subsidiary of Tokyo-headquartered T...

Details of a $170,000-a-year consultancy contract at the island’s troubled incinerator are being kept under wraps by the Government. Wayne Furbert, acting minister for public works at the time, confirmed last month that a project engineer had been hi...

Martello Re Limited, the newly created life and annuity reinsurer based in Bermuda, has completed its first reinsurance transaction less than two months after launching. The announced transaction covers $14 billion of in-force fixed annuity and fixed...

A flagship arbitration centre has been shelved because of a lack of cash – even though it was supposed to be built “at no cost to government”, The Royal Gazette can reveal. A spokesman for the public works ministry said: “The Ministry of Public Works...

A crackdown on companies that have forced people to accept inferior working conditions because of the Covid-19 pandemic has been launched. Jason Hayward, the labour minister, said action was needed because workers were not regulated, registered or gi...

A string of questions about when competitive tenders will be put out for three Covid-19 technology contracts have been stonewalled by the Government. The contracts — for software to manage the effects of the pandemic — were earlier awarded without a ...

The Ministry of Public Works is on the look out for a firm to examine the condition of the Swing Bridge in St George’s. According to a Request for Proposal issued on February 4, the Ministry wants to engage an engineering firm to conduct a “detailed ...

A government backbencher has been appointed chairman of the Bermuda Economic Development Corporation. Jache Adams, the MP for Pembroke West, was formerly the chairman of the board of trustees of the National Sports Centre. Mr Adams was embroiled in ...