Managers of Wealth Offshore

Prudential PLC captive insurer assigned rating

“This is particularly given Prudential PLC's initiative to tap diversified and profitable growth markets in Asia and Africa,” the agency said.

Argus-BF&M merger gets shareholder go-ahead

The merger will create a large local insurer offering everything from property and casualty insurance to life insurance to pensions.

BOV celebrates employee achievements

'A celebration of the bank’s ongoing efforts to empower employees'

Money market report for the week ended December 20, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Hayward and Cloutier to kick off insurance course

The roundtable at 6pm on January 13 will be the first of 14 online Monday evening sessions that will introduce participants to a wide range of special topics in insurance.

Property catastrophe reinsurance rates expected to decline: KBW

European catastrophe reinsurance rates are expected to drop by up to 10% rates are likely to rise in the Canadian market following a record year for Canadian catastrophe losses.

Double ProShare Award Win Recognises JTC’s Shared Ownership Success

JTC was crowned at a ceremony in London as winner in the ‘Most Effective Communication of an Employee Share Plan’

Darag Group completes sale of US and Bermuda businesses

“We will now be bringing firepower to our European core where our strong, well capitalised niche position and good market conditions provide an excellent outlook.”

HSBC launches enhanced professional development programmes across Channel Islands and Isle of Man

The programme will focus on three core themes

New structure at Enhance Group

The UAP Group, a Guernsey-based investment company with complementary interests in financial services businesses, acquired the balance

CatX teams up with data analytics provider

CatX Limited has teamed up with Extreme Event Solutions group at Verisk, a leading global data analytics and technology provider.

Former AIG Bermuda chief Joe Johnson dies

“Joe was professional, a very considered and thoughtful man with a passion for golf and a great sense of humour,” Mr Blakey said.

Pensions bill to nearly double over next 15 years

In 2023, pension expenditure was £154.2m with spending this year forecast to be £169.1m.

AM Best revises ratings for island-based Conduit Re

Conduit Re’s management have demonstrated its ability to adapt to market conditions, while achieving key objectives.

AXIS Capital agrees $2.3bn LPT with Enstar

AXIS said the transaction was predominantly attributable to casualty portfolios related to 2021 and prior underwriting years totalling $3.1 billion at September 30 .

Bahamas CPI holds steady in September 2024, reflecting stable inflation

When compared to September 2023, the Consumer Price Index (CPI), which measures the average change in prices paid by consumers for a basket of goods and services, declined by 0.8 percent.

Mapfre Re lists first cat bond

The three-year catastrophe bonds were a private placement and the listing sponsor was Walkers Listing Services.

Jersey: The Home of Alternative Capital

The Island’s agility, market innovation and it’s evolution into a specialist finance centre.

Concentric achieves Chartered Status and expands operations to Guernsey

Attaining the CISI Chartered FirmTM status in Jersey and obtaining our operating license in Guernsey is a testament to our team’s dedication

Resolution takeover leaves Nippon Life ratings unchanged

Nippon Life is buying the shares it does not already own in Resolution Life in the deal.

AIM and Hedge Funds