March 30, 2020

IQ-EQ appoints new Managing Director of Bermuda and the Cayman Islands

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Leading global investor services group, IQ-EQ, has appointed Colin Targett as Managing Director of its Bermuda and Cayman Islands operations. This strategic new hire follows other senior appointments announced in recent months evidencing the Group’s drive to build its Funds, Private Wealth and Corporate servicing operations in the region. Colin brings to IQ-EQ more than two […]

Offshore captives outperform commercial casualty sector: AM Best

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Captive insurance companies in Bermuda, Cayman and Barbados rated by AM Best have outperformed the segment’s counterparts in the commercial casualty sector, the rating agency said.  Meanwhile, in 2018 net premiums earned by captives in Bermuda, Cayman and Barbados surpassed $3.5 billion for the first time. In a market segment report titled Rated Bermuda, Cayman […]

Motley Fool says: The ultrarich have $13 Billion at this offshore bank – Here’s why you should buy

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Bank of N.T. Butterfield may not be a household name for most people, but it’s an institution for offshore banking. It’s also cheap and pays a very high dividend yield. By Jason Hall (TMFVelvetHammer) From Motley Fool The Bank of N.T. Butterfield & Son Limited (NYSE:NTB) doesn’t exactly roll off the tongue. Chances are, it’s also not […]

Bermudan magistrate cleared [by Cayman magistrate] over failure to take breathalyser following car crash

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From Jamaica Gleaner HAMILTON, Bermuda, CMC – Cayman Islands magistrate Valdis Foldats Monday dismissed a case against one of Bermuda’s leading magistrates following a car crash earlier this year. Foldats, drafted in to oversee the case, exonerated Khamisi Tokunbo, 65, who had denied refusing a breathalyser test after he was arrested following the crash in […]

Estera launches legal services in Bermuda and Cayman Islands

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NEWS PROVIDED BY Estera Oct 10, 2019, 11:32 ET HAMILTON, Bermuda, Oct. 10, 2019 /PRNewswire/ — Estera, a global leader in corporate, funds and trust services, has launched legal services to Bermuda and Cayman registered or incorporated entities and partnerships. Estera’s legal services cover a number of practice areas including: corporate and commercial; regulatory; insurance and investment funds. “We are […]

Bermuda judge slammed for saying he got ‘horny’ during murder trial

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By Natalie Musumeci From New York Post  now-retired judge in Bermuda has been slammed by the Court of Appeal in England for remarking that he was getting “horny” during a murder trial, according to reports. Carlisle Greaves, who served as a junior Supreme Court judge, was presiding over the murder trial last fall for defendant […]

Butterfield axes jobs in Bermuda and Cayman Islands

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From Nation News HAMILTON, Bermuda – The Bermuda-based Butterfield Bank says it is sending home 22 workers at its operations here and in the Cayman Islands as part of a cost-cutting restructuring exercise. Butterfield, Bermuda’s oldest bank, said the 22 jobs, including 12 here, would be moved to the company’s support services centre in Halifax, […]

Uncertainty widens for southeast impacts from extremely dangerous Dorian

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By Dr. Jeff Masters From Weather Underground There is increasing hope that Florida will escape a direct hit from extremely dangerous Hurricane Dorian, but South Carolina, North Carolina, and Georgia are at increased risk. The entire Southeast U.S. coast from central Florida to northern North Carolina is in the NHC cone of uncertainty for Dorian, […]

NAN’s Caribbean Business and Finance Report

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From News Americas Now News Americas, BRIDGETOWN, Barbados, Fri. Aug. 23, 2019: Here are the top business stories making news from the Caribbean for this week of Aug.  23, 2019: And The Top Caribbean CBI Destination Is? The Commonwealth of Dominica has once again emerged as the Caribbean country with the world’s best citizenship by investment […]

Cricket: Rawlins boost for Bermuda [against Cayman]

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By Lawrence Trott From The Royal Gazette Delray Rawlins, the Sussex all-rounder, has been included to play for Bermuda in the ICC Americas T20 World Cup Qualifier, which starts next weekend. Rawlins’s availability was confirmed by the Bermuda Cricket Board, when he was named in a 16-man squad that will be captained by Dion Stovell. […]