Managers of Wealth Offshore

AXA XL is scaling heights on climate

MacFarlane grew up in Johannesburg and family holidays allowed him to develop “an underlying love and appreciation of nature” while exploring the South African bush.

Jersey’s new large-scale public artwork is one of largest in Europe

Covering the frontage of the Normans building (owned by Columbia Estates), the mural has been created by celebrated artist Gabriel Pitcher, who ArtHouse Jersey selected following a callout to international street artists.

R&Q posts $127m loss for 2021

Its legacy insurance unit completed 15 deals with gross reserves acquired of $735 million.

Bermuda new captive registrations remain stable

50 new re/insurance registrants underwrite general business exposures, and the remaining 14 underwrite long-term business exposures.

AIGCC and SVHK partner with Ogier's Talent4Impact 2022

These two organisations - along with Ogier Global's Sustainable Investment Consulting, Dream Impact and the Sustainable Finance Initiative - will be offering successful candidates practical work experience placements with the aim of building talent i

Decision could take Somers private

The company has formed a special committee of two directors independent of the bidder to assess the proposed transaction

The Guernsey Private Investment Fund

The PIF regime is useful for promoters aiming to launch open or closed-ended funds with less than 50 investors as it offers a lighter touch regulatory regime and a fast route to market.

Premier and BDA to Promote Bermuda in London

Completing the London delegation is John Huff, President & CEO, Association of Bermuda Insurers and Reinsurers (ABIR); and BDA Chair, Stephen Weinstein.

Athene company in fleet unification agreement

The combined company should benefit from added scale, materially increased investment capacity, and differentiated capabilities, and be better positioned to service customers and facilitate growing trends towards electric vehicles and digital technologies

South Africa Update - Grant McLeod, June 2022

Guernsey has proved to be a successful jurisdiction for South African wealth managers seeking to establish investment funds outside of their country in recent years.

IQUW launches crisis management insurance

The launch of crisis management enables IQUW to offer a greater range of specialty products.

Digital Greenhouse’s Guernsey Venture Challenge application deadline fast approaching

Open to new businesses based in Guernsey looking to launch and grow, the opportunity to win early stage funding to accelerate their development has been met with much interest from the local community.

AM Best affirms its rating of Lion Re

Lion Re´s continued capital base expansion is supportive of risk-adjusted capitalization being assessed at the strongest level, as measured by Best’s Capital Adequacy Ratio

R&Q encouraged by investor interest as it moves to raise $100m

The fundraising will give us the capital required to de-lever our balance sheet and maintain the strong financial profile needed to support our continued growth.

JMMB expanding in three markets amid record profit

Making headway on reorganisation as financial holding company

Bank’s second quarter profits up

The net income for the period stood at US$39.88 million, compared to the US$22.61 million for the corresponding quarter last year.

Howden Tiger creates ‘much-needed’ fourth global player

The new company, Howden Tiger, will be the fourth-biggest reinsurance broker, after those formed by Aon, Guy Carpenter and Willis Re.

Jamaica: An international financial services centre in the making

Other services rendered in an IFSC include company registration and administration, trust/trustee and directorship services, and services relating to cross border transactions such as drafting contracts and calculating net asset values for mutual funds.

SiriusPoint outlines Lloyd’s SIMA sale to Mosaic

SiriusPoint will retain its UK Branch operations, inclusive of Syndicate 1945.

Bankers confident new entrant has been fully vetted

Jewel Bank is Bermuda's first new bank in over twenty years and first digital asset bank.

AIM and Hedge Funds