03/23/2023
Investment losses hit PartnerRe but CEO eyes positives
Its operating income for the full year 2022 was $809 million compared to an operating income of $545 million for the same period of 2021, an increase of 48%.
AIM and Hedge Funds
03/23/2023
VM Wealth CEO champions transparency to boost investor confidence
"We need to be solution-oriented,” Burchenson said as he addressed the Mona School of Business and Management’s ‘Jamaican Securities Industry Seminar’ recently.
03/23/2023
Insights into the future of alternative investments: allocation trends and market challenges
The Crestbridge Alternative Managers' Mood Index (CAMMI) is an index of the prevailing direction of allocation trends in private equity and in real estate.
03/23/2023
Massive development welcomed by realtors
Class A properties are defined in part by their location in Hamilton’s central business district.
03/22/2023
Apex Group celebrates success of Women’s Accelerator Program with launch of external network
51 women took part in the first year of the program, with over half securing promotions, progression or new roles following their participation in the initiative.
03/22/2023
Rossborough Insurance celebrates its 50th anniversary in Guernsey
Rossborough has also recently refurbished its offices, giving the longstanding company a modern edge and a refreshed space to better provide its specialist advice-led service.
03/22/2023
Itasca Re’s secret sauce—made in Bermuda
That is the view of the chief executive officer of Itasca Re, a new reinsurer launched on Bermuda, which will offer insurance financing solutions to buyers and owners of commercial aircraft assets.
03/22/2023
Apex initiative grows business prospects for women
More than 300 nominations and applications were received for the 2023 accelerator, with 93 women from more than 25 Apex Group offices being accepted.
03/22/2023
Valletta property owner VBL seeks financial investors for expansion
VBL will start discussions with Malta and international advisors to map out opportunities in bid to introduce new financial investors to shareholder structure
03/22/2023
BDO joins others at Admiral Park
The office has also been developed to maximise both natural light and the efficiency of the space.
03/20/2023
Re/insurers are paying more for non-executive directors
25% of the respondents were female, which reasonably reflects the average insurance board composition.
03/20/2023
First Caribbean Bank sees solid Q1 performance with net income of $28.6 million
We anticipate a slower pace of global economic growth for 2023 vs 2022
03/20/2023
Property and casualty insurer cites “especially challenging” negotiations for 2023 reinsurance contracts
As to the group’s performance, Ward said the economic growth experienced in the first three quarters of 2022 had carried over into the final quarter of the year as expected.
03/20/2023
R&Q sells stake in MGA TPM Holdings USA
The firm said it would use the proceeds from the transaction for general corporate purposes and to pay down debt.
03/17/2023
IGI buys Norway energy MGA EIO
The successful completion of our acquisition of EIO allows us to expand the existing book of energy
03/17/2023
AM Best affirms ‘Superior’ Arch ratings
The ratings are based on Arch’s historically strong operating performance, as well as its balance sheet strength, as measured by Best’s capital adequacy ratio, and strong management team.
03/17/2023
GF survey shows strong confidence in financial services
CONFIDENCE in the future of Guernsey’s financial services sector is positive, according to a survey of business leaders carried out by Guernsey Finance.
03/17/2023
Hawk Group announces winner of Sponsored Place on IoD Jersey Accelerated Certificate in Company Direction
The Institute of Directors (IoD) Accelerated Certificate in Company Direction is a globally-recognised qualification that equips aspiring directors with the knowledge and skills to make a real difference in the world of business.
03/17/2023
Re/insurers must learn lessons from 2022 cat landscape
Specifically with regard to floods, there are additional increasing trends of losses across the US, Europe, Asia, Australia, and Latin America, the report notes.
03/16/2023
Insurance Update with William Lewis
With the market materially hardening in many areas, particularly reinsurance, this is leading to significantly increased premiums and lack of sufficient coverage.