Managers of Wealth Offshore

Transamerica Life Bermuda launches new insurance product for HNWIs

New term life plan provides utmost protection for HNW customers whilst giving them the tailored flexibility they need

Surge in Q4 sees Assured Guaranty finish the year with solid profits

Gross written premiums (GWP) were down, however, at $100 million in Q4 and $377m for 2021, against $120m and $454m for Q4 2020 and the full year, respectively.

Guernsey‐based RAW Mortgage Fund passes £100m milestone

The Fund delivered a 4.53% net annual return for institutional investors in 2021, with a consistent six‐year record that tracked significantly above the 0‐5‐yr Corporate Bond Index and delivered average annual returns in excess of 4%.

Enstar Group Limited Reports 2021 Year-End Results

The Investor Relations section of Enstar's website also includes a link to view the "2021 Year-End Update" presentation containing expanded commentary from the management team on year-end results and other business updates.

Conduit Re faces headwinds in the first year since launch

The reinsurer’s net natural catastrophe related losses in 2021 were $53.8 million, which contributed 27.7% of its reported loss ratio and combined ratio.

Growth in business activity 'gradually normalising' - Central Bank

The European Commission’s uncertainty indicator for Malta eased when compared with December.

Mark Bajada named EY entrepreneur of the year

Krystle Penza wins EY rising star award

STRONGER GROWTH: Bahamas First reports near $6M comprehensive income in Q4 2021

The growth in top-line revenue that we experienced during 2021 accelerated in the fourth quarter, resulting in an 11 percent increase for the full year, compared to 2020.”

Islands Insurance achieves Investors in People Standard

"This achievement reflects our ethos of putting our people first, so that we all prosper."

Acquisition for Monument Re company

Monument Re is subject to group supervision by the Bermuda Monetary Authority.

Another exceptional year for Skipton with 28% profits increase

Gross mortgage lending in 2021 was £376 million, with the bank continuing its support of first-time buyers, the Guernsey Housing Association scheme and the Andium Homes scheme in Jersey.

Public private partnerships is not a ‘one stop shop’ for Guernsey

Specialist alternative asset manager, Gresham House, opened the event by identifying a number of successful PPPs in the UK and the associated risks they faced.

Aztec Group maintains top spot among Channel Islands’ fund administrators

Independent fund research company, Monterey Insight, has revealed that we have maintained our position as the Channel Islands’ leading fund administrator.

FirstStarts let their brilliance shine

Two of them, Jacqueline Bascombe, senior manager, applications data, wealth and corporate (Barbados), and Justin Pierre, private banker (Cayman Islands), each received the Award of Distinction.

Fidelity’S ‘Ace In Hole’ On $25m Profit Target

As a result, with almost two-thirds of its 2022 financial year remaining following the redemption, around $733,000 in interest savings will drop straight to the commercial bank’s bottom line as it chases a near 13 percent year-over-year increase on

Bisx-Listed Insurer In 37% Profit Jump

Stalled construction projects began to restart in earnest and people seemed to re-establish many of their normal pre-pandemic activities.

EFG International announces redemption of Tier 2 notes and Fiduciary Certificates

EFG International understands that such actions will trigger the repayment and subsequent cancellation of all outstanding EFG Fiduciary Certificates by the Fiduciary.

RBS International announce positive 2021 annual results

RBS International has generated an operating profit of £358m in 2021.

Hiro Metaverse Acquisitions SPAC Listed On LSE

SPACs are primarily set up to raise capital through an IPO to subsequently acquire or merge with an existing publicly traded company.

Sancus Launches New Refurbishment Product “Refurb by Sancus”

The product launches alongside Sancus’ two other core products, “Bridge by Sancus” and “Development by Sancus” which were launched last year.

AIM and Hedge Funds