Managers of Wealth Offshore

Monument Re sells close life business

Aperghis & Co acted as financial adviser to Monument Re for the deal with Simmons and Simmons providing legal counsel.

Carey Olsen supports Brazil fintech TruePay on US$32m funding round

Working alongside onshore counsel Cooley LLP, the Carey Olsen team advising TruePay on the Cayman law aspects of the funding round comprised partner Alistair Russell and associate Trevor McCabe.

Fidelity Eyes $21m-$22m Profit Following ‘Overshoot’

Fidelity’s increased 2021 profitability has been driven largely by reduced loan loss provisions

Apex and CSC Said to Weigh Rival Offers for Intertrust

Deliberations are ongoing and there’s no certainty either firm will decide to proceed with offers, the people said.

Reinsurtech Kettle completes $25m funding round

“We are thrilled to be helping provide insight and relief to the California insurance market,” said Manning.

CMA clears AJ Gallagher’s Willis Re deal

On Monday, the CMA announced it had cleared the anticipated acquisition, which can now go ahead.

Ocorian celebrated as Global Custodian's One to Watch in Industry Leaders Awards 2021

The awards highlight and honour the top performers and innovators in the fund and fund service provider sectors.

VG’s Chelsea Ford named Trust Officer of the Year

This prestigious award is testament to Chelsea’s outstanding hard work and contribution at VG.

Merged BCMG brokerage targets bigger regional insurance market

“Having culminated this deal successfully, we would be excited about any opportunity that comes forth within Jamaica and regionally”

Public sector audit: forward planning – Leo Brincat

Previously it used to be said that we had to do whatever it takes. Now we are committed to do whatever is necessary.

Sompo International expands partnership with Praedicat

They embraced forward-looking underwriting approaches ahead of the market. With this expanded partnership, Sompo International continues to lead.

STEP Elections 2021: Results announced

The candidates take up their seats on 1 January 2022, for a term of three years.

Will Guernsey’s regulated ESG funds end greenwashing?

This is often linked to the scarcity of data provided by portfolio companies – and highlights the need for them to work with asset managers on a consistent, pragmatic but ambitious approach to ESG.

STM's UK SIPP and Gibraltar life new business revenues 'slower to materialise than expected'

As uncertainty remains as to whether these policies will be incepted prior to year-end, the Board has taken the prudent view that these should not be reflected in revised forecasts.

Ravenscroft announced acquisition

There are a number of synergies between MitonOptimal and Ravenscroft’s offerings and we both share a real focus on client service.

Bahamas First sees eight percent gross premiums growth

For the nine months ended September 30, 2021, gross premiums grew by 7.8 percent to $135 million, compared to $125 million in the prior year. Unfortunately, net incurred claims for the current quarter exceeded prior year results.

JTC supports harmony energy income trust listing

"We are very appreciative for the expertise provided by JTC through the listing process and the ongoing support for the trust.”

UK firm invests £5m in commercial redevelopments

Field Day Developments has also led redevelopments at Royal Terrace, Frances House and Windsor House.

Bahamas reduces national debt

Bahamas’ fiscal deficit, which stood at US$153.5 million, was nearly 55 per cent less than it was a year ago, but still in line with the projected 16.1 per cent budget target, the report showed.

Guernsey Funds Forum returns to London in November

The Funds Forum is second of WE ARE GUERNSEY’s return to physical events in London and comes during a bumper time for the island’s investment funds industry.

AIM and Hedge Funds