Claire Shefchik

1 day ago | royalgazette.com | Claire Shefchik

Three aspiring Bermudian accountants have been awarded major scholarships through PwC Bermuda's 2025 student support programme. Kayla-Marie Redcliffe, studying accounting at the University of Miami, is the recipient of this year's $20,000 Peter Mitchell Scholarship. "Being selected as this year's recipient of the Peter Mitchell Award is one of the greatest achievements in my academic journey thus far," she said.

1 day ago | royalgazette.com | Claire Shefchik

The Bermuda Economic Development Corporation, in partnership with Global Atlantic Re, has officially opened applications for the third annual Wave of Opportunity pitch competition, offering up to $25,000 in funding per winner. Applications close July 31, with final pitches set for November's Global Entrepreneurship Week at the Hamilton Princess Hotel & Beach Club. In 2024, organisers received 65 applications and selected eight finalists across youth and adult categories.

2 days ago | royalgazette.com | Claire Shefchik

Everest Group Ltd has announced the appointment of Allan Levine as an independent, non-executive director to its board, in a move aimed to strengthen the leadership team of the Bermudian-based global insurance and reinsurance company. Mr Levine, a seasoned executive with more than 30 years of experience in the insurance and financial sectors, is the cofounder and executive chairman of Global Atlantic, a KKR-owned insurance firm with $190 billion in assets under management.

2 days ago | royalgazette.com | Claire Shefchik

Bermuda's total number of investment funds slipped slightly to 780 in Q1 2025, down from 784 in the previous quarter, according to new data from the Bermuda Monetary Authority. That represents a 0.51 per cent quarterly decrease in fund registrations. Despite small fluctuations, the report suggests Bermuda's fund sector is remaining stable. The net asset value of all Bermuda-registered funds also declined to $292.2 billion, a 1.61 per cent drop from Q4 2024.

2 days ago | royalgazette.com | Claire Shefchik

Everest Group Ltd has appointed Pamela Sinclair as executive vice-president and chief human resources officer, effective July 14. Ms Sinclair will report directly to Jim Williamson, the company's president and chief executive, and will join the company's executive leadership team. She succeeds Gail Van Beveren, who is retiring after an "outstanding" 39-year career with Everest, having served as CHRO since 1986.