Brookfield Announces Simplification Update

Brookfield Infrastructure has received all required approvals for a restructuring that will combine two existing entities into a single structure, with completion expected on November 19. A spokesperson said, “Brookfield Infrastructure today announced that it has received all required approvals to complete the previously announced simplification of its corporate structure, which will combine Brookfield Infrastructure …
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RiverStone Signs Transaction With Clear Spring

RiverStone International announced that it has entered into a loss portfolio transfer with Clear Spring Property and Casualty Company covering discontinued US workers’ compensation business from accident years 2018–2025. A spokesperson said, “The transaction is intended to provide Clear Spring with operational and economic finality for the discontinued portfolio, with RiverStone assuming claims control and …
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Premier Announces Tax Reductions & Investments

Premier David Burt announced that the Government will be reducing payroll taxes and making additional $19.5 million investment in various areas including healthcare, housing, education, public safety and social development. Speaking the House of Assembly today [Nov 6] the Premier said, “The Government’s latest assessment projects total revenue for fiscal year 2026/27 of $2.09 billion, approximately $61.9 …
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