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Athene Life Career Expo opens registration

Free event at Pier 6 on June 17 with keynote speakers, an AI career tool, networking lunch and prizes

Media Release:

Registration is now open for the 2026 Athene Life Career Expo, a free, award-winning event designed to introduce students, recent graduates and career shifters to opportunities in Bermuda’s life (re)insurance industry. The event will take place June 17, 2026, at Pier 6 on Front Street in Hamilton.

The Athene Life Career Expo will feature keynote remarks from Patrick Tannock, former CEO of AXA XL Bermuda and former Chair of the Association of Bermuda International Companies. Natasha Scotland Courcy, CEO and General Counsel of Athene Life Re, Chair of the Bermuda International Long Term Insurers and Reinsurers board and recipient of the 2024 Women in Reinsurance Woman of the Year Award will also be a keynote speaker at the event.

“This event is about helping more people learn about the opportunities available in the life (re)insurance industry,” Scotland Courcy said. “Bermuda is a global reinsurance hub, and we are proud to give people the chance to speak with industry experts and learn about the many different career paths available.”

New this year, the event will feature an interactive artificial intelligence tool designed to help participants explore the life and annuity (re)insurance industry. Attendees will also have the opportunity to connect with executives over a networking lunch and participate in a dedicated student session offering practical guidance on securing a first role or internship. In addition, participants can take advantage of one-on-one resume reviews, personalized career guidance and complimentary professional headshots.

The Athene Life Career Expo continues to build interest in the industry. Last year, 96% of attendees said they wanted to pursue a career in the field after attending the event.

Giveaway prizes, including a laptop from Red Laser and one round-trip ticket through BermudAir, will also be offered. Martello Re is the platinum sponsor of the 2026 Athene Life Career Expo. Somerset Reinsurance, Chariot Re, Chubb and Sun Life International are gold sponsors.

For more information or to register, visit www.lifecareerexpo.bm.

Extended Interview: U.S. Ambassador to the U.K.

Warren Stephens, U.S. Ambassador to the U.K, arrived in Bermuda for a short visit prior to the Royal Visit by King Charles III.
In an interview with Gary Foster Skelton, Mr Stephens reflected on the King’s U.S. State Visit, spoke about Bermuda’s importance as “the capital of the reinsurance world”, and responded to our questions on trade relations, border controls, and whether independence for Bermuda could impact our relationship with the U.S.

EU countries could better target measures to lower energy prices-Dombrovskis

Many EU governments have adopted measures like cutting excise or VAT taxes on fuel, which lowers the price for all users rather than those who are affected the most

International News via Reuters:

European Union governments could be better in targeting the measures to lower energy prices to the most vulnerable sectors of the economy, European Economic Commissioner Valdis Dombrovskis told a news conference on Monday.

Many EU governments have adopted measures like cutting excise or VAT taxes on fuel, which lowers the price for all users rather than those who are affected the most, drawing criticism from the Commission and the International Monetary Fund.

Reporting by Makini Brice and Jan Strupczewski

Brazil’s Bolsonaro returns to house arrest after shoulder surgery

The procedure was intended to treat a chronic problem that had been causing persistent pain and limited his mobility

International News via Reuters:

Former Brazilian President Jair Bolsonaro was discharged from hospital on Monday after undergoing surgery on his right shoulder on Friday, his doctor Brasil Caiado told reporters in Brasilia.

The procedure was intended to treat a chronic problem that had been causing persistent pain and limited his mobility.

Bolsonaro’s wife confirmed in a post on social media he has returned home. He has been under humanitarian house arrest since late March, after the Supreme Court judge authorized an initial 90-day period on medical grounds.

Bolsonaro, 71, has been serving a 27-year prison sentence since November for plotting a coup after losing the 2022 election to current President Luiz Inacio Lula da Silva.

Reporting by Ricardo Brito; Writing by Isabel Teles; Editing by Nick Zieminski

Don’t cut banks’ capital requirements, ECB tells governments

European Union lawmakers are reviewing options to boost the competitiveness of euro zone banks, which lag behind their U.S. rivals on international markets

International News via Reuters:

Euro zone governments should not lower banks’ capital requirements as this would do little to boost credit while demand is weak and the environment is fraught with risks including war in the Middle East, European Central Bank chief supervisor Claudia Buch said on Monday.

European Union lawmakers are reviewing options to boost the competitiveness of euro zone banks, which lag behind their U.S. rivals on international markets.

Addressing euro zone finance ministers, Buch argued banks needed solid capital and liquidity positions to weather risks ranging from the Iran war and its economic consequences to trouble in private markets and cyberattacks.

“Banks currently have sufficient capital to lend to the economy, but elevated risks, lower risk tolerance and weak demand for loans are preventing the supply of credit from expanding more quickly,” she said in remarks prepared for a meeting with the Eurogroup of finance ministers on Monday.

“In this situation, lowering capital requirements may simply result in higher distributions to shareholders rather than more lending to firms and households.”

She reiterated the ECB’s long-standing calls for establishing a common deposit guarantee and knocking down regulatory hurdles between countries that prevent the free flowing of liquidity and capital.

As for the ECB’s own role, Buch repeated that supervisors would “treat cross-border and domestic mergers alike”.

Her comments came as Italian bank UniCredit was trying to take over Germany’s Commerzbank amid fierce opposition from the government in Berlin.

Reporting by Francesco Canepa; Editing by Andrew Heavens

Affordable housing strategy targets up to 1,000 new homes

Public invited to weigh in on the 10-year plan

Up to 1,000 homes over the next decade.

That’s the target in a new roadmap aimed at tackling Bermuda’s housing crisis by boosting supply where it’s needed most.

Housing and Municipalities Minister Zane DeSilva today opened public consultation on the Bermuda Affordable Housing Strategy 2025 to 2035.
He says the plan is designed to support those most in need.

The first phase is expected to cost $114.75 million, with financing secured through local banks and backed by a government guarantee.

Two additional phases aim to deliver 300 and almost 400 homes.

Minister DeSilva says the strategy will be a “living document,” reviewed at the end of each phase to reflect changing demand and emerging trends.

He’s urging residents to have their say on the final version by sharing feedback online at forum.gov.bm

Read his full remarks below.

UK signals ‘modern partnership’ with Bermuda

Royal Visit reflects renewed focus on respect, cooperation and representation

The UK says it wants a “modern, respectful partnership” with Bermuda and other Overseas Territories, as officials highlight the significance of the Royal Visit.

Minister of State for Europe, North America and Overseas Territories, Stephen Doughty, says that includes regular engagement between Bermuda and UK officials.

He told Alisa Bernardo that the visit by King Charles reflects both a historic connection and ongoing efforts to strengthen ties with the island – while also touching on Bermuda’s relationship with CARICOM and how its voice is being represented in UK decision-making.

Watch the Q&A above.

Two killed, multiple injuries after car hits bystanders in Leipzig

Police arrested the driver, identifying him as a 33-year-old man with German citizenship

International News via Reuters:

Two people were killed and three others were seriously injured on Monday when a car drove into a central pedestrian zone of the eastern German city of Leipzig, Mayor Burkhard Jung said, the latest in a spate of such incidents in recent years in Germany.

Police arrested the driver, identifying him as a 33-year-old man with German citizenship. They said there was no further danger.

“We are mourning two deaths, currently three seriously injured people, and many others who were injured,” Jung told journalists at a media briefing on Monday evening, according to Leipziger Volkszeitung.

“It’s impossible to find the right words for this horrific attack,” he added.

Like other European countries, Germany has witnessed a series of car-ramming and stabbing incidents in recent years, some of which involved religious or political motivations and some carried out by people with mental health issues.

The prime minister of the state of Saxony, Michael Kretschmer, said that the suspect had possible mental health issues, and officials said he surrendered without resistance, Leipziger Volkszeitung reported.

Police conducted a large-scale operation in the area with multiple emergency vehicles and road closures.

A city press release called it a “mass casualty event” but officials were unable to quantify the injuries.

A damaged Volkswagen SUV with a person on top of the vehicle was seen speeding through a pedestrian zone, local broadcaster Radio Leipzig reported.

Last year, two people were killed in the western city of Mannheim, when a 40-year-old man drove a car into a group of pedestrians, only weeks after a similar attack on a trade union demonstration in Munich, killing two and injuring more than 40, many children among them.

In December 2024, several people were killed in a car-ramming attack on a Christmas market in the eastern city of Magdeburg. That incident came months after a stabbing attack at a festival in the western city of Solingen.

Reporting Miranda Murray, James Mackenzie and Tom Sims; Editing by Thomas Seythal and Bill Berkrot

Evacuations planned as suspected hantavirus outbreak traps 150 on ship off Cape Verde

Around 150 people were still stuck on the vessel after three people – a Dutch couple and a German national – died, and others fell ill, including a Briton who left the vessel and was being treated in South Africa

International News via Reuters:

Medics were working on Monday to evacuate two people with symptoms of the deadly hantavirus after a suspected outbreak on a luxury cruise ship held off West Africa carrying mostly British, American and Spanish passengers, officials said.

Around 150 people were still stuck on the vessel after three people – a Dutch couple and a German national – died, and others fell ill, including a Briton who left the vessel and was being treated in South Africa, authorities added.

The Netherlands’ National Institute for Public Health and the Environment (RIVM), which is assisting with the outbreak, said hantavirus had been confirmed in one of the patients showing symptoms.

A source briefed on the matter said that the Dutch woman who died had tested positive for the virus as well.

RIVM said it was still unclear if the other people with symptoms also had the virus, or if the other deaths were also caused by the virus.

Hantavirus, which can cause fatal respiratory illness, can be spread when particles from rodent droppings or urine become airborne. It does not transfer easily between humans. 

There are ​no specific drugs to treat the disease, so treatment focuses on supportive care, ​including putting ⁠patients on ventilators in severe cases.

The World Health Organization said the risk to the wider public was low and there was no need for panic or travel restrictions. But authorities in the island nation of Cape Verde said they had not allowed Dutch-flagged MV Hondius to dock as a precaution.

‘A LOT OF UNCERTAINTY’

“We’re not just headlines: we’re people with families, with lives, with people waiting for us at home,” Jake Rosmarin, a U.S. travel blogger, said in a tearful Instagram video post from the ship on Monday.

“There is a lot of uncertainty and that is the hardest part,” he added.

A spokesperson for the ship’s Netherlands-based operator, Oceanwide Expeditions, said that, as a precaution, all passengers were instructed to remain inside their cabins to prevent any potential spread of the virus. Although human-to-human transmission is rare, the incubation period can last several weeks, meaning some people may not yet be showing symptoms.

Oceanwide Expeditions was trying to arrange the repatriation of two crew members with symptoms of the disease – one British and one Dutch – along with the body of the German national and a “guest closely associated with the deceased” who does not have symptoms.

The company said it was looking into whether passengers could be screened and disembarked on the islands of Las Palmas and Tenerife.

Spanish authorities said they had not yet received a request for the ship to dock and disembark passengers there. The Dutch Foreign Affairs Ministry, which Oceanwide Expeditions said would be the one making the request, did not immediately respond to a request for comment.

The Hondius left Ushuaia in southern Argentina in March, according to company documentation, on a voyage marketed as an Antarctic nature expedition, with berth prices ranging from 14,000 to 22,000 euros ($16,000-$25,000).

It travelled past mainland Antarctica, the Falklands, South Georgia, Nightingale Island, Tristan, St Helena, and Ascension before reaching Cape Verdean waters on May 3. 

South Africa’s Health Department confirmed two of the dead were Dutch nationals: a 70-year-old man, who died on St Helena on April 11, and his wife, 69, who died in South Africa after collapsing at O.R. Tambo International Airport. 

The British man being treated in a private clinic in Johannesburg became ill on April 27, while the German victim on the ship died on May 2, Oceanwide Expeditions said. 

SOURCE NOT YET CLEAR

Hantavirus usually begins with flu-like symptoms, such as fatigue and fever, one to eight weeks after exposure.

A spokesperson for the RIVM said the source of the outbreak was unclear.

“You could imagine, for example, that rats on board the ship transmitted the virus,” he said.

“But another possibility is that during a stop somewhere in South America, people were infected, for instance via mice, and became ill that way.”

Daniel Bausch, a visiting professor at the Geneva Graduate Institute in Switzerland, said there was some evidence of human-to-human transmission in the Andes Virus, a species of hantavirus found in Argentina and Chile. 

“So it’s significant that this cruise ship started its journey in Argentina,” he said.

“The good news is … this is not going to be a big outbreak,” he added.

Reporting by Olivia Le Poidevin in Geneva, Toby Sterling, Anthony Deutsch, Stephanie van den Berg, Charlotte Van Campenhout in Amsterdam, Olivia Kumwenda in Johannesburg, additional reporting by David Latone in Madrid; Editing by Miranda Murray, Andrew Heavens and Aidan Lewis

UK eyes joining EU’s 90 billion euro Ukraine loan to tap defence orders

The discussions, between European Commission President Ursula von der Leyen and British Prime Minister Keir Starmer at a European Political Community summit in Armenia, are a further sign of deepening European defence ties under rising U.S. pressure

International News via Reuters:

Britain is in talks to join the European Union’s 90 billion euro ($105.13 billion) loan to Ukraine to qualify for Kyiv’s defence orders that the loan finances, but will have to cover some interest payments on the borrowing to be eligible, the European Commission said.

“Today marks the first high-level discussion on the UK’s potential participation in the 90 billion euro Ukraine Support Loan, following technical exchanges between the UK Government and the Commission,” a Commission spokesman told reporters.

The discussions, between European Commission President Ursula von der Leyen and British Prime Minister Keir Starmer at a European Political Community summit in Armenia, are a further sign of deepening European defence ties under rising U.S. pressure.

The loan, approved by the EU last month, is set to cover two-thirds of Ukraine’s needs for the next two years, with the bulk of that amount earmarked for military spending as Kyiv defends itself against Russia’s four-year war.

Some of that cash could be spent on British defence equipment if London meets three criteria, the Commission said.

Britain has to have a Security and Defence Partnership with the EU, which it entered into on May 19, 2025 and has to provide significant financial and military support to Ukraine – a condition it will likely meet after a Commission assessment.

The final hurdle is that it will have to cover some of the interest on the 90 billion euro EU loan, proportionately to the value of contracts awarded to it by Ukraine.

“Following UK’s confirmation of its interest in participating in the Ukraine Support Loan, the Commission stands ready to move swiftly with the corresponding necessary steps,” the Commission spokesman said.

European countries, including Germany, France and Britain, have recently come under further pressure from Washington after refusing to join the U.S. and Israel’s war on Iran.

($1 = 0.8561 euros)

Reporting by Muvija M; Editing by David Holmes and Susan Fenton