3096 results returned for search: "" category "International Business"
A leading UK economist and columnist for the Financial Times has come to Bermuda’s defence in the growing tax avoidance debate.
Under the headline “Don’t blame the havens tax dodging is everyone else’s fault”, John Kay writes that the week’s Group of...
DATE: Jun 19, 2013
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CATEGORY:
International Business
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A billionaire investor and his family’s Bermuda’s IAT Reinsurance are suing the US Internal Revenue Service for refunds of $186 million in taxes and interest they paid after the IRS revoked IAT’s tax-exemption retroactively.
Forbes reports that in co...
DATE: Jun 18, 2013
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CATEGORY:
International Business
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Appromiately 2,000 foreigners face expulsion from the Cayman Islands in October when their work visas expire, Bloomberg reports.
Cayman’s new Premier Alden McLaughlin has made it “quite clear” to his immigration department that he wants to find a way...
DATE: Jun 18, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
RenaissanceRe has been in operation for 20 years today, and they are to enter their third decade with a new chief executive officer and company director at the helm.
Kevin O’Donnell will officially become RenRe’s CEO on July 1. He joined as the ...
DATE: Jun 14, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
Bermuda supports an international agreement aimed at tackling tax evasion “in principle”, Premier Craig Cannonier said yesterday.
“Bermuda welcomes the initiative to conclude a Multilateral Convention Agreement in principle and supports the principle...
DATE: Jun 13, 2013
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CATEGORY:
International Business
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Bermuda supports an international convention aimed at tackling tax evasion “in principle”, Premier Craig Cannonier said in a statement this afternoon.
“Bermuda welcomes the initiative to conclude a Multilateral Convention Agreement in principle and s...
DATE: Jun 12, 2013
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CATEGORY:
International Business
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The Bermuda Foundation For Insurance Studies’ annual ‘Intro-to-Insurance Summer Intern programme’ is under way on the Island and in London.
Below one of the BFIS interns, Nick Butterfield, gives us some insight into the programme as he writes about t...
DATE: Jun 12, 2013
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CATEGORY:
International Business
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Bermuda is the jurisdiction of choice for re/insurers, but the industry faces challenges from governments around the world anxious to keep the business and capital at home.
The comments were made at the Bermuda Captive Conference, where panellists r...
DATE: Jun 11, 2013
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CATEGORY:
International Business
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AUTHOR:
Rebecca Zuill
AM Best has put the ratings of Bermuda’s Arden Reinsurance and Arden Holdings under review with negative implications.
The rating actions follow the recent announcement that Arden has entered into a definitive agreement with Enstar Group for the acqu...
DATE: Jun 11, 2013
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CATEGORY:
International Business
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A Tokio Millennium Re (TMR) subsidiary and GC Securities have teamed up to create and launch a new private catastrophe bond platform.
They say the Tokio Tensai Platform will bring catastrophe bond sponsors a more efficient solution for funding excess...
DATE: Jun 11, 2013
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CATEGORY:
International Business
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