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The cut puts the lending rate in the range of 4.5 per cent to 4.75 per cent

The petition was filed at federal bankruptcy court in Delaware by the company’s CEO, Hassan Afzal

Chief investment officers reviewed Donald Trump’s corporate tax plan and other issues that could affect Bermuda

Company says it is the sixteenth year in a row it has given a discount

Report says insurers in the US saw the costliest severe convective storms year on record

The OECD director on tax answers questions on the global minimum tax

Fitch’s Bermuda 2024 Market Update also says favourable underwriting and investment performance has driven solid returns and boosted capital

A partner in a global law firm suggests an anglicised version of the island’s regulatory regime could attract reinsurance business

The fund’s mandate allows it to make local investments and a spokesman said it was “eager” to make local investments

The Captive Report 2022, just published by the regulator, indicates new types of captive structure are being developed