02/15/2023
EFG Fund Services supports launch of Index Ventures fund
EFG, led by Nigel Greenwood, worked with Index Ventures and the appointed law firms to ensure the closing of this fund could proceed as planned.
AIM and Hedge Funds
02/15/2023
Reinsurance segment boosts Q4 GWP in Arch Capital
The company said the comparison of gross and net premiums written in the 2022 fourth quarter were affected by a few non-recurring transactions
02/15/2023
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.
02/14/2023
BOB’s Q2 net income just under $5 million
Operating expenses remained stable quarter over quarter
02/13/2023
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.
02/13/2023
New online directory Lookie Lookie launches in Bermuda
While the platform is a directory, it also serves as a marketing opportunity for businesses.
02/10/2023
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.
02/10/2023
Brookfield Re posts $492m profits
Brookfield said it added approximately $1 billion of flow premiums to its reinsurance treaties during the year
02/09/2023
White Mountains posts solid results boosted by Ark
Ark’s performance was worthy of note.
02/09/2023
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.
02/08/2023
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.
02/08/2023
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.
02/07/2023
Bermuda companies invest in Traxys Group
The transaction is expected to close in May after regulatory and other approvals.
02/07/2023
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.
02/07/2023
New report highlights importance of fund domicile selection
Cerulli’s research highlights that not all domiciles are created equally
02/07/2023
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.
02/06/2023
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.
02/06/2023
NCB's profit dives
Stock price hits 6-year low
02/03/2023
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.
02/03/2023
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.