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A former Securities and Exchange (SEC) commissioner is to speak at a regulations and compliance conference in Bermuda next month. Troy Paredes, now a senior strategy and policy advisor for PwC in the US, will take part in the Regulation, Operation an...

Merger mania in the insurance industry shows no sign of letting up, according to a major investment management firm. Analysts at US-based Conning said that mergers “picked up measurably” last year — and that activity had continued into the start of 2...

Telecoms firm KeyTech has posted a near $20 million loss for the six months to the end of September last year. KeyTech made a profit of $6.4 million in the same period the previous year — but the firm said the sale of phone company BTC had hit the bo...

A health timebomb could act as a drag on the Island’s economic recovery, according to a new survey by financial services firm Morgan Stanley. The research headed by a Morgan Stanley economist said that sugar consumption was fuelling increased rates o...

Nearly 200 professionals from Bermuda are set to attend the insurance industry’s largest annual conference next month. The Risk and Insurance Management Society (RIMS) conference, to be held in New Orleans, is expected to attract 10,000 delegates, as...

The UK is to introduce a new tax designed to crack down on firms like Google who channel cash through subsidiaries to avoid tax. Now Google — which came under fire last year for funnelling billions to Bermuda — and other firms will be subject to a ne...

Island insurance firm BF&M is to be the official America’s Cup healthcare provider. BF&M president and CEO John Wight said: “With the America’s Cup coming to Bermuda we wanted to show our support for the event and our community. This agreement allows...

Britain has launched a bid to muscle in on Bermuda’s money-spinning insurance-linked securities business. Bermuda is a leader in insurance-linked securities (ILS) — but yesterday UK Chancellor of the Exchequer George Osborne signalled that Britain wo...

HSBC Bermuda is scrutinising its account holders in a bid to crack down on tax evasion and money laundering, The Royal Gazette can reveal. The bank responded to questions from this newspaper after it was revealed its arm in Jersey, a UK Crown Depende...

A trio of first-time conferences is set to attract hundreds of high-spending delegates to Bermuda, the Bermuda Development Agency (BDA) has revealed. It is hoped that the conferences will boost the Island’s reputation as a business base hot spot amon...