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The Toronto-based company still holds a majority interest

The company’s full-year and fourth quarter results include an income tax benefit of $35.1 million

The company says it does not anticipate that it will become subject to Bermuda corporate income tax until 2030

Included in net income was a net deferred tax asset of $90 million related to the enactment of Bermuda’s corporate income tax legislation

Bermudian-based offshore drilling company had full-year total operating revenues of approximately $1.5 billion

Bermudian-based bond insurer reports net income of $376 million for the quarter and $739 million for the full year

Golden Ocean Group’s results for full-year 2023 were well off prior year’s figures

Bermudian-based organisation is the owner and operator of mid-sized crude-oil tankers

Company CEO Anthony Gurnee says the product and chemical tanker markets remain strong

Details of transaction revealed in Montreal-based parent company’s report for fiscal 2023

Result follows a loss of $43.9 million in the prior year

Global specialty insurer and reinsurer has completed restructuring the business