A new study from an American think tank is the latest development in proposals for a global corporate tax scheme that could threaten Bermuda’s international business.
But the report has concluded that...
Unprecedented global forces directly attributable to the pandemic, are raising the cost of building a Bermuda home.
Even those making additions or renovations may face massive price increases on some ...
A new estimate from catastrophe modelling firm, Karen Clark and Company (KCC) yesterday puts the insured loss from Hurricane Ida close to $18 billion – including $40 million in the Caribbean and the r...
Hurricane Ida will be more of an earnings hit as opposed to a capital event for the insurance industry, A.M. Best posits in its latest commentary.
The rating agency said that because a number of Louis...
Bermuda is home base for 14 of the world’s top 50 reinsurers, a new list published yesterday by global rating agency AM Best reveals.
The list which reflects the latest available 2020 compilation, con...
Chief Justice Narinder Hargun has agreed with the joint provisional liquidators (JPLs) in the appointment of representatives for different classes of creditors in the winding up proceedings of Northst...
Bermuda-based global financial services provider Apex Group Ltd appears on pace to complete a $2.07-billion (1.51-billion pound) acquisition of British asset management services provider, Sanne Group ...
Bermuda’s insurance regulators have created an advanced catastrophe bond registration process that puts the island light years ahead of the competition.
Cat bond sponsors looking to locate such struct...
A panel of Caribbean insurance executives exposed defects in catastrophe models, speculated on the need for a revamp of building codes and revealed problems for countries and their insurers in the reg...
Caribbean countries will struggle to adopt a global minimum tax on corporate profits because they are already reeling over anti-money laundering and terrorism financing compliance requirements, a lead...
