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Mr Simmons is chairman and chief executive officer at advisory firm Rose Investment Limited and chairman of the Bermuda Public Funds Investment Committee

Banking sector assets contracted, however, by 6.2 per cent or $1.6 billion to $24.4 billion for the first quarter of 2023

The surplus on Bermuda’s primary income account fell by $43 million to $564 million, due mainly to a decrease in investment income

The Enterprise Bermuda Accelerator supports small and medium-sized business owners to help them scale their businesses

The awards support the education of qualified Bermudian students pursuing undergraduate or graduate education in areas related to international business

Thirty-seven insurers and four intermediaries have been registered this year

The CAOB said the impressive list of candidates this year, are predominantly studying engineering or construction project management

DHT is ranked number six out of 64 shipping companies in the 2023 ESG scorecard report issued by Webber Research

The company will pursue legal action where necessary and take steps to recover damages

Keefe, Bruyette and Woods Inc says the existing hard reinsurance market would likely mitigate the effect of the new corporate income tax