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Butterfield Bank has defended its decision to make larger interest rate cuts in Cayman than in Bermuda after criticism from the Premier and the finance minister. The bank said the decisions reflected the “different demand, supply and lending-risk rea...

Business Staff An insurance industry conference in Bermuda that was to have happened in September has been cancelled, with the organisers now focused on bringing it back next year. The 2020 Bermuda International Life & Annuity Conference was schedule...

In response to phase one of the Bermuda Government’s reopening plan for the island’s economy, the Bermuda Bankers Association has confirmed the authorised new limited operations and opening times for the island’s banks. This includes opening times fo...

In this time and place it helps the psyche to return to the basics, to the everyday things we do to make life worthwhile. Moneywise will return to discussions of financial matters in a few weeks. Right now we all just have to get through this unprece...

As of mid-April, about 95 per cent of Americans — or 306 million people — were placed under a stay-at-home order to stop the spread of the coronavirus. This means that in a matter of days we’d been thrown into the largest work-from-home experiment in...

While most of us are safe at home during the Covid-19 pandemic, essential workers put their lives at risk to keep Bermuda going. The Royal Gazette salutes these selfless men and women in hospitals, supermarkets, delivery vans, gas stations and other ...

Argo Group International Holdings Ltd warned that it will book about $26 million in losses related to the Covid-19 pandemic in its first-quarter results. The Bermudian-based re/insurer said some of the losses related to business interruption coverage...

David Burt, the Premier of Bermuda, Cabinet ministers, career government leaders and other public and private-sector executives have done a tremendous job of managing the unmanageable Covid-19 pandemic. A debt of thanks is owed to all of them — as w...

Bermuda’s largest international reinsurers have proposed a slate of ideas designed to help get the island’s economy up and running again in the post-Covid-19 environment. Suggestions by the Association of Bermuda Insurers and Reinsurers include a par...

An international insurance underwriter and its staff have donated more than $100,000 to Covid-19 relief in Bermuda. Argo Group International announced today that its Argo Foundation had agreed to donate $25,000 to the Covid-19 Emergency Fund. The don...

Moneywise will be featuring survival food and other tactics to help with cash management over the next few weeks of the coronavirus sheltering. Any readers who would like to share cherished old family recipes and any other Bermuda survival strategie...

Dear Dave, I’m debt-free except for my home, and it is all because I started following your plan four years ago. I’m even on track to pay off my mortgage in eight years. With all the scary economic news out there, I’d love to talk to my family about ...