08/02/2023
Half Century Reached by Four at Alex Picot Trust
Each individual joined as a trainee and completed their training with Alex Picot Trust, progressing through to the senior roles they hold today.
AIM and Hedge Funds
08/02/2023
Listen: Banking pains for business laid bare
They then upped sticks and went to Spain instead where the business, which could have provided around 20 jobs within a couple of years locally, has now grown to employ more than 40 people.
08/02/2023
PartnerRe turns around half-year loss with $783m profit
Net premiums written rose from $4.25 billion to $4.5 billion while net investment income rose from $182 million to $286 million.
08/02/2023
Convex throws weight behind blue economy drive
The fund has also received €10 million from family offices and HNWs.
07/31/2023
Everest reports record operating profit in second quarter
Total revenue increased to $6.9 billion in the first half, compared with $5.7 million in the same period a year earlier.
07/31/2023
Global Atlantic financial strength rating affirmed
The outlook is stable.
07/31/2023
SiriusPoint joins forces to fill medical gap in China
Private medical insurance has now become an important part of the national healthcare system in China
07/28/2023
APS and BOV generate record H1 profits
MSE Equity Price Index advances by 0.15%
07/28/2023
Caribbean Development Bank boosts Belize’s Micro Small and Medium-sized Enterprises with $12.5 million credit line
Тhіѕ іѕ асhіеvеd bу рrоvіdіng rеаѕоnаblу рrісеd fundіng tо іndіvіduаlѕ оr grоuрѕ ѕееkіng tо аdvаnсе kеу есоnоmіс ѕесtоrѕ but lасkіng thе nесеѕѕаrу rеѕоurсеѕ tо dо ѕо оn rеаѕоnаblе tеrmѕ.
07/28/2023
HSBC moves to high street with opening of new Isle of Man branch
The branch move to the high street follows the relocation of HSBCs Head Office teams to a new central Douglas location earlier this year.
07/27/2023
Conduit Re posts first profit
That compares with a comprehensive loss of $39.4 million in the first half of 2022.
07/27/2023
Economic Development looking to improve banking for business and consumers
It is also undertaking a “general review” of the banking sector “with a view to developing policy proposals” to remove troubles for businesses and individuals.
07/27/2023
Record reinsurance growth drives Everest to $670m Q2 profit
Everest’s second quarter performance was outstanding
07/27/2023
“It’s time for the States of Guernsey to intervene in local banking crisis”
The current banking marketplace for new businesses is not sustainable.
07/26/2023
RenRe reports second-quarter net income of $191m
RenRe reported a 13.5 per cent annualised return on average common equity and 28.8 per cent annualised operating return on average common equity.
07/26/2023
Equilibria increases stake in Argus
BF&M has implemented a so-called poison pill defence in an apparent bid to fend off the $100 million bid.
07/25/2023
Queue lines up Bermuda office
Queue said its new location is part of the company’s ongoing growth plans.
07/25/2023
Equilibria now owns 23.9% of Argus
The two companies entered into a “relationship agreement” at that point, and as part of the deal, the investment company got a seat on the board.
07/25/2023
Importance of substance and innovation in complex environment highlighted by JFA Chair
With figures in early 2023 indicating that the total net asset value of funds under administration in Jersey stood at a record high of more than half a trillion pounds
07/25/2023
New Local Economy Strategy to be implemented by Business Isle of Man
Over the next three months Business Isle of Man will be conducting a number of consultations to develop a robust evidence set to support the strategy