Managers of Wealth Offshore

AM Best: insurers expanding existing footprints in Bermuda

On the part of professional insurers there’s the possibility of capital efficiency by reinsuring business to Bermuda.

Mosaic offers $25M in customized coverage for asset managers

This is another great example of Mosaic’s cross-team collaboration

New independent captive manager launched in Guernsey

Polo Insurance Managers, backed by turnkey managing agency PoloWorks, has received ‘approval in principle’ from the Guernsey Financial Services Commission (GFSC).

Fidelis closes new cat bond

Fidelis has the option to renew the Series 2024-1 Notes on an annual basis, up to a maximum of four complete annual risk periods.

JTC wins European award for Private Debt Solutions

The Private Equity Wire European Awards recognise excellence among private equity emerging fund managers

CBO Projects celebrates multiple exam success

Camilla and Lisa have shown great dedication to their practice

Private ownership of life re/insurers may affect credit ratings, says Fitch

The IMF reported particularly noted the growth of the life re/insurance sector in Bermuda, which now manages $1 trillion of assets - 4% of the global pension market.

Enstar reports $2 billion turnaround for year

Fourth quarter returns were driven by an investment return of $463 million

Conduit Re jumps to first annual profit

Conduit Re clearly benefited from the tightening of terms and conditions embedded in the 2023 reinsurance market reset.

SiriusPoint: 2023 ‘marks the end of restructuring’

We have made significant progress against these objectives in 2023.

Guernsey’s insurance sector positively impacts UK economy

According to the report, UK FTSE 100 companies may collectively save almost £100 million per year by using Guernsey captive insurance structures.

Isle of Man Budget 2024’s vision for a financially sustainable future

Government revenue spending for 2024-25 is budgeted at £1.3 billion, representing £16,343 for every person on the Island.

Investec announces partnership with STEP Jersey

STEP Jersey Chair Stephen Alexander said: “We’re delighted to have Investec on board as our sponsor."

Guernsey: Pension Funds: Hedging Longevity Risk

The 18 longevity swaps transacted in Guernsey to date follow a similar structure.

Fairfax fourth quarter income drops

For Fairfax’s re/insurance companies, operating income edged up to $1.47 billion from $1.39 billion in the quarter but this was offset by a $187 million loss from life insurance

Bermuda captive factors in CNO Financial ratings

It added that the rating affirmations primarily reflect the stable and consistently diversified operating performance supported by favourable premium growth trends.

Boost’s strategic partners include RenRe, Canopius

“Boost’s platform helps us efficiently reach new segments of the market, and further diversify our portfolio.”

777 Re hit with second ratings downgrade

The company is working with the Bermuda Monetary Authority to reduce its exposure to affiliated assets

Howden to buy captive manager

Based in Guernsey and with a management licence in Bermuda, ARM's companies provide insurance management services to clients worldwide.

Socium Fund Services Partner with Hedgebay Securities To Offer Tailored Solutions to Fund Managers

Collaboration Offers a Secondary Market Liquidity Platform in the Alternative Investment Market

AIM and Hedge Funds