Managers of Wealth Offshore

Arch’s Q2 net profit falls by 41%

Net premiums earned in the 2022 second quarter were 27.4% higher than in the 2021 second quarter, and reflect changes in net premiums written over the previous five quarters.

The role of an AIF depositary

The AIFMD was transposed into the Luxembourg Law of 12 July 2013 on AIFMs

JTC Completes Second Tranche of Equity Awards and Reinforces Shared Ownership Culture

At the same time, JTC has also underlined its commitment to a shared ownership model by introducing an EIP award of shares to all new permanent employees, following the successful completion of the required probationary period.

‘Break down offshore barriers’ to aid SMEs

The Bahamas has traditionally kept the international financial services industry walled-off from its domestic counterpart

Alternative investment funds: are Guernsey and Jersey the ‘new Luxembourg’?

The country has long attracted large cross-border investment platforms and reputable prominent fund and asset managers.

Izola Bank launches €14m bond issue

Izola Bank plc obtained its banking licence in 1994

Can consumers claim back a non-refundable deposit? – Odette Vella

The circumstances in which businesses are entitled to keep consumers’ deposits or advance payments must be fair to be legal. Even the amount of deposit paid needs to be taken into account.

Pension investment ease may be coming

With interest rate hikes in the US and other international markets, investors are keen to cash in by moving more of their investments to those markets but are currently not able to do so due to the foreign exchange controls.

Celebrating LV’s Jersey care colleagues

LV Care invests in its staff and believes in promoting through the ranks and offering training for career development as well as to keep skills updated.

Labuan IBFC And LIIA To Jointly Host Asian Captive Conference 2022

These indicators clearly reflect Labuan IBFC’s increasing prominence as the captive market of choice regionally and globally.

MIA issues strong profit forecasts

A single deal of 25,000 shares left the share price of AX Real Estate plc at the €0.54 level.

Suntera Global IOM moves to new purpose-built office

Suntera Global’s new address in the Isle of Man is: Peveril Buildings, Peveril Square, Douglas, Isle of Man, IM99 1RZ.

Evolving role for Alderney’s Economic Development Committee

It is proposed that its mandate will include securing the provision of air and sea transport links

Everest Re Group Reports Second Quarter 2022 Results

$386 Million of Net Operating Income and 15.3% Annualized Operating ROE

Black Vanilla announced as finalist for ‘Small consultancy of year’ award

A team of more than 60 experienced PR professionals assess the PRide Awards entries in the judging process.

Aztec Group supports Synthesis Capital with landmark food technology fund

The Fund has been established as a Guernsey Green Fund, which is specifically designed as a platform through which investments into green initiatives are made.

RenRe posts Q2 net loss of $325m

Gross written premium (GWP) was $2.5 billion, up from $2.1 billion a year earlier.

“Perfect storm” causing recruitment and skills challenges

Guernsey has a reputation as an expensive place to live compared to some parts of the UK.

Q2 records and net income fall for Chubb

But core operating income was a record $1.79 billion versus $1.62 billion from the prior year.

Axis Capital: Q2 Earnings Snapshot

The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.

AIM and Hedge Funds