Managers of Wealth Offshore

Government revenues up nearly 10 percent year-over-year for August

It was also noted that total expenditure increased by 6.9 percent ($15.3 million) to $237.4 million

New National Investments Fund to replace Sovereign Wealth Fund

Mobilizing private capital in partnership with Government is the most effective way to see a significant advancement in expensive projects.

AXIS posts $17mn net loss in third quarter

It achieved a 3.1 points improvement in combined ratio, to 104.3 percent in the third quarter and a 2.7 points improvement to 96.4 percent in the year to date.

AM Best affirms NEWGT ratings

The company’s balance sheet strength also is underpinned by its favourable balance sheet liquidity and healthy capital structure.

Chubb posts $1.2bn in cat losses for Q3

Consolidated net premiums written, which include P&C and life insurance, grew over 17% in constant dollars.

Banyan teams up with SPAC due diligence firm

SPACs have been a popular alternative to an initial public offering.

JTC Director Recognised as IOD 'Director of the Year' Finalist

Carol, who joined JTC in August 2014, has over 30 years’ experience in HR and Learning and Development.

Development of Alderney hotel to luxury holiday homes funded by Sancus

“Sancus were able to complete this swiftly and on time, within six weeks. It was a pleasure to work with the team who all pulled together to complete the deal.”

Aztec Group supports €9 billion close of Nordic Capital Fund XI

Fund XI saw strong demand from a diversified global base of new and returning blue-chip investors that were attracted to Nordic Capital’s investment strategy, which applies deep and specialist experience to its core sectors.

Banyan Risk teams up with SPAC advisory firm

The companies said the service directly addresses the recent US Securities and Exchange Commission proposed rules which state that management “must” have a reasonable basis for the assumptions underlying their prospective financial statements.

St John scoops growth award

We have invested in changing the infrastructure of our operations while focusing on improving the customer journey with additional administration staff, engineers and sub-contractors.

Caribbean bankers to meet in St Lucia

There will also be voting for vacant positions arising on the Board of Directors, including a new Chairperson to replace Mr. Dalton Lee, who has served two terms with distinction.

Guernsey celebrates a century of captive insurance

This is a truly remarkable landmark for what is possibly the oldest captive jurisdiction in the world

Jersey publishes inflation figures

The rate of inflation in Jersey over the 12 months to September 2022, as measured by RPI, was 1.6pp higher than the UK Consumer Prices Index including owner occupiers' housing costs (CPIH), which is the broadly comparable headline rate of inflation f

How Cayman fund investors may redeem from entities with frozen assets

In addition, these investment funds may pay out disbursements to cover basic needs, including fees of service providers.

AM Best affirms Everen’s financial strength rating

The ratings reflect Everen Specialty’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.

AXIS sees $212mn loss from weather events

AXIS says its net loss estimate for Hurricane Ian is consistent with industry insured losses of approximately $60 billion, excluding the National Flood Insurance Program.

Bahamas Business Retailers upset at new price control measures

They said the changes do not represent 38 items, but 38 categories of items, and will result in 40 to 60 percent of their sales volumes falling under price control.

Rising Stars Awards 2022 Winners: Podcast Mini-Series

This year, over 150 young professionals were nominated for the Awards

IQ-EQ shortlisted in the PICCASO Privacy Awards 2022

IQ-EQ has established a strong and effective Privacy and Data Protection team over the past year and achieved tangible results

AIM and Hedge Funds