09/06/2022
Funds success for Imperium
The number of funds domiciled in Guernsey is at its highest level in almost a decade at 855 funds.
AIM and Hedge Funds
09/06/2022
Trinidad and Tobago receives US$1.1 billion investment commitment from major methanol producer
Proman describes itself as one of the world's largest methanol producers, and a leading fertilizer producer globally, with operations and assets all over the world.
09/06/2022
TISE announces strong results for H1 2022
The management team has made good progress on delivering the strategy and I am confident that the business is well positioned to sustain future growth.
09/06/2022
Capital declined 11% in H1 2022: Gallagher Re
The most important driver, according to the report, is $78 billion of realised and unrealised investment losses due to the sell-off in fixed income and equity markets in the first half of 2022.
09/06/2022
Ocorian says Bermuda captive growth will continue
The number of captive formations nearly doubled in 2020, according to the most recent data from Marsh.
09/05/2022
Afreximbank to invest $700mln in Afro-Caribbean trade, new bureau
Trade between Africa and the Caribbean has been negligible despite historic linkages
09/02/2022
ABIR members report 21% rise in net premium written
Net premiums written benefited from market growth and improving underwriting conditions with an expectation of additional progress in 2022, ABIR said.
09/02/2022
Four ways to transform Africa-Caribbean trade
A century after the end of the transatlantic slave trade, Garvey saw how Black economic empowerment through international trade could be a real pathway to freedom.
09/02/2022
GraceKennedy to acquire Scotia Insurance Caribbean
SICL will be the newest member of the GraceKennedy Financial Group
09/02/2022
Hybrid re/insurance model becoming more popular in Bermuda, says S&P
The report states that low-interest rates in 2020 and 2021 allowed many companies to raise capital amid already hardening reinsurance pricing to deploy in both reinsurance and insurance lines.
09/01/2022
Cost of living crisis sparks emergency measures
The Committee for Employment & Social Security will ask the States to agree an "emergency increase in income support rates" after monitoring the "the rate at which the cost-of-living has been increasing recently".
09/01/2022
STM Group Mercer acquisition completes and appointment of Mr Nigel Birrell
As part of STM’s strategic partner program, the Group anticipates that other core products will also be available in the near future via these platforms.
09/01/2022
Apex Group to acquire fund services provider Mainspring
The transaction is subject to customary conditions, including regulatory approvals expected in late 2022.
08/31/2022
Bermuda on the rise
Increased employment income is good news
08/31/2022
Oak Group supports new strategy with brand refresh
Introducing the Oak ecosystem, supporting our purpose-led strategy.
08/31/2022
Saint Lucia: CDB Leon highlights innovation as important regional development
He further detailed six challenges that should be addressed, which include food security, water security which includes sanitation and waste management, energy security, shelter security, education security, and health security.
08/31/2022
Three Caribbean nations Dominica, St Kitts and Nevis, Saint Lucia, top chart of CBI Index 2022
Dominica has again topped the charts of the CBI Index for the sixth consecutive year, along with the twin island of St Kitts and Nevis, which has retained the top position for the second time.
08/31/2022
Untapped: How Turks And Caicos Is Primed For Tourism Investment
Turks and Caicos may not be the biggest Caribbean destination, but it certainly has enough natural assets and economic benefits to rival its larger neighbours.
08/30/2022
DARAG seals ‘beyond expectations’ captive book acquisition
DARAG North America’s VP of M&A Joel Neal added there was a continued need for improved operational efficiency in the North American market.
08/30/2022
AM Best affirms ASR Re’s financial strength rating
The group has a senior management and underwriting team in place that has good experience in the targeted classes of business and operating environment, which AM Best says increases the likelihood of market acceptance and successful execution of its busin