American Overseas nets quarterly loss
American Overseas Group Limited, the Bermudian-based holding company, has reported a consolidated net loss available to common shareholders of $0.4 million for the three months ended September 30.
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The Department of Immigration has seen an increase in inquiries and work permit applications for work permit holders who have worked for their initial employer for less than two years. Clause 4.6 of the 2017 Work Permit Policy states that work permit holders can only change jobs in the first two years when made redundant or on lodging a bona fide complaint with the Labour Relations Section of the Ministry of Economy and Labour against their employer.
Tropical Storm Risk has estimated that the 2023 season would fall about 15 per cent below…