Managers of Wealth Offshore

HIGHVERN shortlisted for the drawdown awards 2025

The prestigious award, in which we have been awarded five times, aims to recognise private markets administrators that have demonstrated excellence in their service.

Langham Hall expands Guernsey presence with new office

The new office spans 10,000 square feet and supports Langham Hall’s ever-growing team of 70 staff, who provide fund administration services to fund managers.

SiriusPoint steps into construction insurance gap

SiriusPoint is a capacity provider for Balance Partners’ new excess construction liability programme Vertical, which underwrites lead and following excess layers of up to $5 million.

BWCI purchases Orion Insurance Management

BWCI Senior Partner, Stephen Ainsworth said: “We are delighted to welcome the team at Orion into the BWCI Group and wish David Le Poidevin every success in his future career.

Pension Corner: How can I persuade my adult children to get a pension?

It is difficult to see any of these factors changing any time soon.

Insurance industry adds $233M a year to Cayman economy, study says

The economic impact study, the first of its kind, said there was no measurement of the financial services industry’s contribution to Cayman’s gross domestic product by the government’s Economics and Statistics Office.

‘Driving Change & Growth Together for Guernsey’

The annual event, formerly known as the Mid Term, will build on this theme when it takes place tomorrow morning at St Pierre Park Hotel.

Still a lot to do before retirement, says outgoing CMO Nick Gent

While the recruitment process for his successor will soon be underway, Gent told the Compass that there is still much to do while he remains in the post.

BF&M’s 2024 profit dives to $13.9m

Operating expenses, excluding expenses relating to the combination with Argus Group, remained flat at $56.5 million, as opposed to the prior year’s $57.2 million.

Mapfre Middlesea registers higher profits, increases dividend

MSE Equity Price Index reversed a five-day losing streak rising by 0.33%

Alliance celebrates record-breaking performance in 2024

160 certificates and trophies were handed out to the top performing Sales and Lettings Property Advisors of 2024

Homes of Quality wins Frank Salt Real Estate ‘Branch of the Year 2024’

Frank Salt Real Estate reported substantial revenue growth across all divisions

Fortitude Re seals $4bn deal with Japanese insurer

This is the second such transaction between Fortitude Re and Taiyo Life, and marks Fortitude Re’s sixth reinsurance deal in Japan.

IQUW strengthens Bermuda platform with $1bn capital

The rating strengthens IQUW’s ability to write third-party property, speciality and casualty reinsurance from Bermuda, supported by group capital over $1 billion.

Investment basics: Cayman Islands mutual fund structures

Under the Act, a master fund is defined as a company, partnership or unit trust established in the Cayman Islands that issues equity interests

PartnerRe profit drops in 2024

PartnerRe’s 2023 result was also boosted by a one-off deferred tax asset related to the Bermuda Corporate Income Tax of $327 million.

The Changing Face of the Industry

For us as an industry, this is all vital as we look to nurture the next generation of leaders

BDA year-end report details more targeted, data-driven approach

The transition, according to the report, follows a structured three-phase plan.

Butterfield up on NYSE

Meanwhile, Butterfield Bank was up 8 cents (0.21 per cent) on the New York Stock Exchange to end the day at $38.56.

Mangrove Property Insurance approved to take on more business

Mangrove is one of the most recent of 11 new insurers entering the market since the historic legislative reforms.

AIM and Hedge Funds