Managers of Wealth Offshore

Hawksford acquires Dutch corporate financial services company ACT Management Services

ACT focuses on providing high-quality and reliable solutions, while adding value and supporting true economic substance for its clients.

BOB’s Q2 net income just under $5 million

Operating expenses remained stable quarter over quarter

Brexit 'put incredible strain' on Isle of Man businesses

The UK withdrew from the European Union in 2021 and the short-term effects are estimated to have cost the UK economy billions of pounds as it strives to find new markets for goods and services.

New online directory Lookie Lookie launches in Bermuda

While the platform is a directory, it also serves as a marketing opportunity for businesses.

Everest Re posts fiscal 2022 net income of $597m

This led to over $1 billion in operating income, and a double-digit operating return on equity for both the quarter and the full year.

Brookfield Re posts $492m profits

Brookfield said it added approximately $1 billion of flow premiums to its reinsurance treaties during the year

White Mountains posts solid results boosted by Ark

Ark’s performance was worthy of note.

Brookfield deal ‘best path’ for Argo, says CEO

Under the terms of the merger agreement, Argo has agreed to suspend the payment of dividends on its common shares through the closing of the transaction.

Average property prices in Guernsey continue to rise

2.8% of local market purchases during the fourth quarter of 2022 had been built in the previous twelve months.

Jersey introduces LLC for US alternative fund managers

It expands Jersey’s existing suite of private fund vehicles, adding a structure that is intended to be familiar to US private equity, venture capital and other alternative fund professionals.

Bermuda companies invest in Traxys Group

The transaction is expected to close in May after regulatory and other approvals.

SG Kleinwort Hambros brand evolves

The next phase of SG Kleinwort Hambros’ strategy involves investing in its operating model, platform and services to enhance the client experience, including data science and client facing capabilities.

New report highlights importance of fund domicile selection

Cerulli’s research highlights that not all domiciles are created equally

PM: Gov’t estimating revenue intake of $2.8 billion for the fiscal year

With regards to public expenditure, Davis noted that the government’s fiscal projections support the prudent management of expenditure, while at the same time utilizing alternative financing methods to continue and improve service delivery.

Guernsey Green Finance renamed Sustainable Finance Guernsey

The new name is intended to better reflect the broad work Guernsey does within the realm of sustainable finance.

NCB's profit dives

Stock price hits 6-year low

Aspen Insurance signs UN-supported ESG pact

In 2020, Aspen joined the UN Global Compact initiative, a voluntary leadership platform for the development and disclosure of responsible business practices.

Essent adds to business operations

Boston National Title is an independent title agency based in North Carolina that provides title and settlement services, with licenses in 40 states and the District of Columbia.

BMA publish 2023 business plan

The BMA said it will publish a range of thematic, insurance-related thought leadership materials during the course of the year, including reports on alternative capital, captives, catastrophe risk in Bermuda, and cyber (operational resilience and cyber un

Aspens signs Principles for Responsible Investment

The complete list of principles can be found on the PRI website.

AIM and Hedge Funds