Managers of Wealth Offshore

NCB Group top executives on leave, Lee-Chin makes early return

There is no indication whether the leave is voluntary.

Bermuda’s unemployment rate below pre-pandemic levels

The rate hit 7.9 per cent in November 2020.

Earnings jump for seniors in Bermuda

The highest earnings were reported in the 55-64 cohort, where the average was $78,668 in November 2022.

HSBC recognises long-serving employees

Both Sharon and Debbie continue to show great passion, commitment and dedication to their roles and their customers.

How outsourcing helps protect margins in asset management

Against the backdrop of a volatile and uncertain macro environment, asset managers can no longer depend on improving margins by increasing assets. Instead, they are increasingly looking to optimise operational efficiency through outsourcing.

HSBC launches employee female leadership programme with pan-island cohort

The sessions are being facilitated by Emma Lloyd, an external Learning and Development Coach and Consultant who has led a number of HSBC management programmes

Jersey and Guernsey cost of living survey

Across all four locations, 67% of people with a household income under £40,000 said they found it difficult to meet living costs in the last 12 months, which remained the same as in November 2022.

Interest rate for late payments in commercial transactions rises to 12%

It was 8% a year ago

Richest 1% hold over 10 times median net wealth

The richest 1% in Malta hold over 10 times the median net wealth, according to new survey published by the Central Bank of Malta

July 1 renewals ‘more orderly’ for reinsurers, says Gallagher Re

It said the casualty treaty market remained straightforward, with adequate capacity and flat to moderate rate increases, driven primarily by reinsurer comfort with improvements to underlying portfolios.

KPMG in Bermuda releases report on its community impact

KPMG in Bermuda said it has a diverse workforce, consisting of 49 per cent female employees, of which 29 per cent occupy leadership positions.

Bermuda well placed to drive innovation: Mark Guishard

The moderator was Jeane Nikolai, director of energy, Bermuda Department of Energy.

IMF says economic activity in Antigua and Barbuda on ‘solid recovery path’

Accordingly, the IMF said real gross domestic product (GDP) is expected to recover to its pre-pandemic level this year

Confronting pension inequity: Unmasking the silent struggle

Conference on June 22

Analysing income inequality in Malta

Research reveals disparities that average income statistics hide

Transfer by way of continuation into the Cayman Islands

Subject to any prohibitions, restrictions and/or requirements under the laws of the Relevant Jurisdiction, the Cayman Island's statutory procedure is very straightforward.

Unemployment figure falls for Isle of Man during May

The unemployment rate is the proportion of economically active population registered as unemployed.

Corrective actions drive Aspen technical profit

AM Best has also affirmed the long-term issue credit ratings on the debt instruments and preference shares of Aspen.

Stable ratings for unit of Panama-listed group

The ratings reflect Lion Re´s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

HSBC announce changes to Jersey branch network

HSBC will continue to support customers across the island with both a branch presence and digital banking services, which reflect the changing needs of customers.

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