Managers of Wealth Offshore

JTC PLC 2021 Full Year Results

This rise in revenue was achieved from a combination of strong demand for JTC’s services demonstrated by net organic growth and inorganic growth from acquisitions of 9.6% and 18.6% respectively.

Monument concludes annuity reinsurance with Countrywide

Chesnara is a life and pensions company listed on the London Stock Exchange.

Everest’s chief risk officer passes away

Ari Moskowitz, Everest Reinsurance chief operations officer and chief pricing actuary, has been appointed Everest Group chief risk officer.

Fund and company registrations continue to climb

In the first three months of 2021, the performance of hedge funds has been mixed with some benefiting from commodity price increases, while others struggled with the geopolitical disruption caused by Russia’s war in Ukraine, related sanctions and ge

Excellent ratings for Athora Life Re

The ratings of Athora Ireland reflect its strategic importance to Athora Re as a European Union-domiciled vehicle for writing reinsurance business.

Bermuda’s Athora flags new equity and strategic objectives in results

Its group IFRS profit before tax (from continuing operations) was €428 million, a big drop on the €709 million it posted in 2020.

Swiss Re uses Matterhorn Re to craft innovative stop-loss deal

The deal is regarded as innovative as it is the first of its kind to combine both bank financing, via JP Morgan, and insurance-linked securities (ILS).

Record-breaking year for Ravenscroft

Ravenscroft Chairman Dominic Jones was appointed in July after majority shareholder Stephen Lansdown retired from the board.

States of Jersey’s gender pay gap has widened

The Government has committed to closing the public sector gender pay gap

JTC team members recognised in ‘Governance Hot 100’ list

“I am pleased to be recognised by my peers for the second year in the DMJ Governance Hot 100 and am grateful for the support and opportunities provided by JTC in driving the governance agenda forward.”

CHALLENGING TIMES: Fixed construction contracts “extremely difficult” over next 12 months

There are containers loaded with freight that cannot get to a ship and when they do get on they can’t get on.

Jersey’s Chief Minister Meets with Funds Professionals in New York

Senator John Le Fondré, Jersey’s Chief Minister, was in New York last month, and attended an event hosted by Jersey Finance, as part of a wider US visit.

Bermuda's captive leadership narrows

The convention, first staged in 1963, celebrates its 60th anniversary next year.

Stamp duty takings rise 64% as housing prices soar

In their latest Annual Report and Accounts, the Government described 2021 as a “very strong year” for stamp duty.

Howden to acquire SPF Private Clients

SPF was formed in 2011 after a management buyout and rebrand of Savills Private Finance, the financial arm of Savills

Jersey Finance reveals surge in NPPR activity

"Growth has in more recent years been driven by Brexit, as non-EU managers, including UK managers, have sought a robust domicile to support their EU fundraising activity."

More Than 200 Alternative Managers Opt for Private Placement Through Jersey to Support EU Capital Raising

Recent data from the Jersey Financial Services Commission (JFSC) for the period ending 31 December 2021 shows that there are now 374 alternative investment funds

Maiden’s Genesis closes managed care reinsurance deal

Johnston added: “GLS is well positioned for continued success in 2022 with a robust pipeline of opportunities from a variety of sources.”

Sovereign Risk signs reinsurance deal with Inter-American Development Bank

The $100 million IDB guarantee covers risks associated with currency inconvertibility

BDA and ABIR lead big Bermuda presence at RISKWORLD

“We look forward to engaging with old friends and exploring new partnerships for Bermuda this week."

AIM and Hedge Funds