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Reinsurance franchise Ariel Re is being bought from Argo Group for an undisclosed sum. Private equity investors Pelican Ventures and JC Flowers have agreed to acquire Ariel Re from Bermudian-based Argo Group. Ariel Re was founded by Don Kramer in 200...

Quarantine bracelets are helping to spread the word about Bermuda as a place for new tech ideas, and assisting the island to keep a lid on Covid-19. Bermuda rolled out the technology in the summer. It has now been taken up in other places, notably Ha...

A broad measure of Bermuda’s economic activity contracted in the first quarter of this year, primarily from the impact of the Covid-19 pandemic. Gross domestic product, the value of goods and services generated by the island’s economy, fell year-on-y...

Dear readers, on Monday last week, The Royal Gazette team launched Moneywise’s initial finance book written and designed specifically for Bermuda islanders’ unique economic environment. Moneywise profusely thanks Michael DeCouto, executive vice-p...

Dear Dave, I recently received my master’s degree in finance, and for the last four years I’ve had a job as a social worker. I love my job and have a decent income, but I know I could make more money and come closer to reaching my full potential in t...

Shares of Argus Group Holdings rocketed 37 per cent in Bermuda Stock Exchange trading. The insurer gained $1.08 to close on $4 as 21,000 shares changed hands. Despite Argus’s big move, The Royal Gazette/BSX Index fell 102.36 points, or 5.19 per cent...

The old Plantation Restaurant will re-open for a night tomorrow for the “Dusk Till Dawn” Halloween party. The nearby Leamington Cave will also be reopened for the guests to add to their dinner experience. It is thought to be 26 years since the restau...

As a high school teacher Shantel DeShield often sees students who define success by what they own: expensive phones, jewellery or brand name accessories. Ms DeShield often asks students: “Is it better to look rich or be rich?” Concerned that many of...

Most borrowers are bearing up well under the economic strain of the Covid-19 pandemic, a survey by Butterfield Bank found. A six-month period when Butterfield allowed mortgage holders to defer monthly repayments has come to an end. In a third-quarter...

Shares of BF&M Ltd gained 2.8 per cent in Bermuda Stock Exchange trading. The insurer added 50 cents to close on $18.50 as 10,000 shares changed hands. BF&M was the only domestic board stock to trade as The Royal Gazette/BSX Index gained 3.83 points,...