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Liquidators for Riddell’s Bay Golf and Country Club have sold two residential plots separate from the closed course. Deals on the two areas of land, fronting the Great Sound, were closed last Friday. Joint liquidators Alison Tomb and Simon Conway of ...

Government’s bid to grant status to overseas residents was flawed, a former top banker said yesterday. Philip Butterfield, former chief executive officer and chairman of HSBC Bermuda, said: “I think it was wrong in how it was addressed to date becaus...

The captive industry in Bermuda faces a new obstacle as tough new rules on reporting foreign assets come into force. Scott Slater, tax services partner at professional services firm PwC, said: “Our captive clients face a number of challenges with the...

Former employees of the collapsed White’s grocery stores will receive some of the money they are owed, the official liquidators said yesterday. Mike Morrison and Charles Thresh of professional services firm KPMG, who are the joint liquidators, confir...

A Bermudian real-estate firm has drummed up business in Las Vegas. A team from Rego Sotheby’s International Realty has just returned from a major event in the Nevada city for members of Sotheby’s International Realty network. And the firm’s Ben Rego ...

A major conference for the captive insurance industry has been hailed a success. The three-day Bermuda Captive Conference, which attracted a record-breaking number of more than 800 delegates, ended yesterday. Conference chairman David Gibbons said: “...

The lobby area at Coco Reef hotel has had a $500,000 makeover in a labour of love by owner John Jefferis. Globetrotting industry veteran Mr Jefferis used top hotels around the world as inspiration — but vowed to go one better. Sourcing items from aro...

The spiralling cost of Bermuda’s healthcare could be cut using lessons learnt in America, an expert said yesterday. Joe Flower, an international authority on healthcare, said that the US, like Bermuda, was being forced to tackle the huge cost of heal...

The head of Bermudian-based insurer and reinsurer Argo Group has won a business award in the US. Mark Watson was picked as winner in the EY Entrepreneur of the Year award for the Central Texas region in the transformational CEO category. Mr Watson, w...

Bermuda could be in line for a new name in banking, it was revealed yesterday. The news came after a round-table discussion on the state of the Bermuda captive market at the record-breaking Bermuda Captive Conference. Ross Webber, CEO of the Bermuda ...