Local Finance & Talent: KPMG in Bermuda has awarded three scholarships to Bermudian students: William Spriggs III ($30,000 annually) for the KPMG Scholarship, Kijali Jean-Marie (up to $30,000 annually) for the Captive Scholarship, and Camaje Easton-Smith ($15,000 annually for up to three years) for the Artex Scholarship. Each includes mentoring, internships and support toward professional qualifications through KPMG’s Lift Off Programme. Bermuda Business & Markets: The Bermuda Stock Exchange rose on June 5, with the Royal Gazette/BSX Index up 2.44% to 3,571.75. Butterfield shares gained 2.8% to $55.50, while Devonshire Industries fell 33.8% to $4.30. Insurance & Reinsurance Deal: Vantage Group’s $2.1b acquisition by Howard Hughes Holdings has closed, with Vantage continuing under its existing leadership and strategy. Captive Sector Focus: At the Bermuda Captive Conference, speakers highlighted how Bermuda protects an economic asset through maritime liability reinsurance and discussed the growing need for AI liability cover as insurers increasingly exclude AI from standard policies. Tourism & Property Talks: Complex negotiations continue over the defunct 9 Beaches resort at Daniel’s Head, with Norwegian Cruise Lines’ memorandum of understanding running through year-end and potential for temporary public access. Marine & Science: Bermuda Institute of Ocean Sciences says a new deep-sea vehicle, DeepVenture, will be tested in local waters this month alongside Alvin, with the RV Atlantis expected to dock June 11. Sports & Community: Bermuda plays World Cup debutants Cape Verde in Hartford today, with coach John Barry Nusum calling it a major test and opportunity.