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Bermudian insurer and reinsurer Argo Group has closed the acquisition of fellow island firm Ariel Re. Agreement on the $235 million deal was announced last November. And today Argo also announced that Ryan Mather, former Ariel Re chief executive off...

The value of shares traded on The Royal Gazette/BSX Index last week topped $4.5 million. HSBC Bermuda improved by 50 cents, or 6.32 per cent, to $8.40 after 2,169 were exchanged. Also jumping higher was Argus Group, which was 20 cents up, or 4.4 per ...

Front Street fixture the Smokin’ Barrel is going back to the future with a return to its original menu. The bright red food truck, stationed next to the Ferry Terminal, will also get a makeover, with a new paint job. Smokin’ Barrel owner Kemar Maybur...

Bermuda businesses have “nothing to fear” from new access to information laws, Information Commissioner Gitanjali Gutierrez said as she spoke at a seminar organised by the Bermuda Chamber of Commerce. Ms Gutierrez said that the Public Access to Infor...

The Segregated Accounts Companies Act 2000 (SAC Act) makes it possible for a company incorporated in Bermuda to register as a segregated accounts company (SAC). A segregated account contains assets and liabilities that are legally separated from (i)...

The Royal Gazette/BSX Index closed unchanged at 1,986.55 after a day with no trading. On the New York Stock Exchange, Bank of Butterfield dropped 83 cents, or 1 per cent, to $32.65. The BSX Insurance Index ended the day down 2.59 points, or 0.14 per ...

Bermuda’s finance minister Bob Richards has fired a broadside at the UK’s hypocrisy over tax legislation. Speaking to The Guardian newspaper, Mr Richards blasted Britain’s bid to have its Overseas Territories establish public registers of the owners ...

Dear Dave, I take classes online at a public university that is several hours from my home. I tried to pay for my classes the other day, and my Visa debit card was not accepted. I got a message saying credit cards and cash were the only payment optio...

It has not taken long for gourmet popcorn store Savory Kernels to pop up in a second location. The company sprang into business at the end of October when it opened its doors upstairs from Pic a Pet, on Queen Street. Now residents in the east can get...

John Cox, the founding chairman and first employee of Ace Ltd, has died at the age of 84. Back in 1985, Mr Cox played a pivotal role in getting Ace off the ground in Bermuda, helping to establish a company that is today known as Chubb Ltd, the larges...