Managers of Wealth Offshore

Sentiment Survey highlights confidence in the future of finance in Guernsey

The results confirmed healthy business development and profitability – as reported by 92.9% and 83.3% of respondents respectively.

Private Equity Wire hands out European Awards

Private Equity Wire has announced the winners of its European Awards 2023, which recognise excellence among private equity fund managers and service providers in Europe across a wide range of categories.

NatWest International’s transformed Library Place branch reopens today

This fresh-looking hub is in the centre of St Helier and ventures beyond the traditional banking hall and offers customers and the community a host of new features.

JT seeks students for new training schemes

Sarah Gosiewska, Head of Talent at JT, said all caliber of candidates are welcome no matter how developed their knowledge of the industry is.

New ‘best of Bermuda’ broker to plug the knowledge gap

In this hard market, there are opportunities for a new type of brokerage that has technology at its core combined with deep broking knowledge and expertise.

AM Best: 1/1 renewals brought badly needed rate increases

“Some of this caused the recent soft market that the industry is going through,” he said.

Guernsey’s next generation invests in their future

At the start of the competition in October, the teams were each given a fictional £1 million to invest.

Specialty lines steadily growing in Bermuda market

One challenge was whether to hire a team of specialist underwriters or a team of generalist underwriters, he said.

Bermuda leading the way on legacy insurance

“I think the conventional wisdom for years was a business with no new premium coming in was inherently much more risky than a business where you were still continuing to underwrite.”

‘Opportunists’ causing more insurance claims are in the sights of ratings agencies

Petrelli was speaking at a panel debate titled “Global Financing Conditions—a Rating Agency Discussion”, on the second day of the Summit at the Fairmont Hamilton Princess.

Apex builds out its Brazilian presence

BRL DTVM grows Apex Group’s footprint in Brazil to more than 300 employees, enhancing open-ended fund-servicing capabilities to the local market.

SiriusPoint and Arcadian Risk extend partnership to 2026

SiriusPoint is a key partner to the company, providing the majority of Arcadian’s underwriting capacity.

‘Insurance is just one implement in the toolbox’ Bermuda Risk Summit hears

Sullivan said: “We must ask if your insurance is serving society as a whole."

Carey Olsen marks International Women's Day 2023 with the launch of Women's Network

Among other things, Network members will benefit from access to mentoring from female partners and other senior women, support with career planning and business development, and skills and leadership training.

Bright future ahead for Florida insurance sector

A ream of legislative changes passed in the Sunshine State in 2022, including one that means proof of breach of contract is now required to assert a bad faith claim.

Startups and cat leading to welcome talent surge in Bermuda

Radford said hiring Bermudians was “very much front and centre of our mind”.

PwC: Bermuda insurers well positioned to deliver higher returns

It's shown fantastic resilience, it continues to innovate and it remains a market that attracts new capital and new entrants.

Optimism opens an anniversary year

Despite this backdrop, at The International Stock Exchange (TISE), 2022 was the second-best year for new listings

Artex CEO wins lifetime achievement award

She eventually became CEO of Tokyo Marine Solutions and later head of the Bermuda Branch at Tokyo Millenium Re AG.

Kathleen Faries receives WiRe lifetime achievement award

The gala was developed to mark WiRe’s 15th anniversary and highlight the significant contributions of women in Bermuda’s reinsurance industry.

AIM and Hedge Funds