1648 results returned for search: "" category "Business" author Scott Neil
Electric-powered vehicles make perfect sense for a place like Bermuda, and they can provide a touch of style and comfort.
That's the view of Mike Swan, who has been in the electric vehicle business for four years.
He is the founder and chief executiv...
DATE: Jun 13, 2021
|
CATEGORY:
Local Business
|
AUTHOR:
Scott Neil
Bermudian insurance industry veteran Catherine Duffy has been named a winner of the 2021 IICF Inclusion Champion Award.
The Insurance Industry Charitable Foundation uses the biennial award to "recognises extraordinary contributions of insurance indus...
DATE: Jun 09, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Scott Neil
After becoming a “virtual regulator” during the Covid-19 pandemic, the Bermuda Monetary Authority’s future may be as a hybrid, with both a virtual platform and a physical location.
That possibility is highlighted in the BMA’s annual report, which als...
DATE: Jun 09, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Scott Neil
Bermuda has responded after seven of the biggest economies in the world issued an accord supporting the outlines of a new global tax system, and a commitment to a minimum corporate tax rate of at least 15 per cent.
More details are needed before the ...
DATE: Jun 08, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Scott Neil
Curtis Dickinson, Minister of Finance, has responded to a statement from the finance ministers of the Group of Seven nations in which they committed to a global minimum corporate tax rate of at least 15 per cent on a country by country basis.
The G7 ...
DATE: Jun 08, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Scott Neil
A Microsoft subsidiary registered in Ireland made a profit of $314 billion in the fiscal year that ended June 2020, but did not pay any tax as it is tax resident in Bermuda.
Microsoft Round Island One has no employees, other than three directors. Its...
DATE: Jun 03, 2021
|
CATEGORY:
International Business
|
AUTHOR:
Scott Neil
Insurance industry executive Jonathan Reiss believes Bermuda could see material growth in terms of opportunities and jobs in the next two years.
And he intends to assist in securing a flow of business to the island in his roles as managing director a...
DATE: Jun 03, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Scott Neil
Concert Group Holding Inc, a newly formed business dedicated to insurance fronting, has announced that it has secured agreement to raise additional capital from its founders.
One of the founders is Brady Young, founder and chief executive officer of ...
DATE: Jun 02, 2021
|
CATEGORY:
Reinsurance
|
AUTHOR:
Scott Neil
A broad measure of Bermuda’s economic activity contracted in the fourth quarter of 2020, primarily because of restricted economic activity due to the Covid-19 pandemic.
Gross domestic product is the value of goods and services generated by the island...
DATE: May 31, 2021
|
CATEGORY:
Economy
|
AUTHOR:
Scott Neil
When asked where they are from, US tourists often respond with a specific state or place, rather than just saying the name of the country.
But when a visitor asks a Bermudian the same question, the answer is mostly “Bermuda.”
Now that could be about ...
DATE: May 27, 2021
|
CATEGORY:
Local Business
|
AUTHOR:
Scott Neil