Managers of Wealth Offshore

Housing crisis leaves workers in costly, cramped conditions

There is very little affordable rental accommodation left on Grand Cayman now

Intertrust announces Q3 trading update

Adjusted EBITA was € 42.0 million

Seven projects awarded funding from Strategy for Nature Fund

The Strategy for Nature Fund was established in recognition that the Strategy for Nature is not simply a government document but is a framework for the whole community.

Apex Group launches Global Compliance Solutions in Australia

The expansion of Compliance Solutions in the Australian market will help to address clients’ risks and concerns around ESG, AML and financial crime for financial services entities

Everest Re reports third-quarter loss of $319mn

GWP in its reinsurance segment increased to $2.55 billion from $2.49 billion year on year, and to $1.3 billion from $1.01 billion in its insurance business.

Arch reports Q3 profit of $6.9mn

Gross written premium (GWP) increased year on year by 20.4 percent to more than $3.86 billion.

Barbados’s economy records six consecutive quarters of growth

Haynes said future prices for energy and food have started to fall as global economic activity slows and global supply chains begin to normalize.

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

AIM and Hedge Funds