Managers of Wealth Offshore

Equity indices flat as banking, financial scrips shed gains

Most sectoral indices at the National Stock Exchange were in the red with Nifty PSU bank dipping by 0.8 per cent, private bank by 0.1 per cent and pharma by 0.6 per cent.

Time to Thrive, Time to Innovate

As the reinsurance industry grapples with the challenges of COVID-19, Bermuda is poised to play an important role as it adjusts and finds opportunities. A number of the Island’s leaders in this sector sat down in a virtual roundtable.

Irish consumer and business sentiment picks up in December

Bank of Ireland Economic Pulse was up 3.2 on last month but down 12.8 on a year ago

W. R. Berkley Corporation Launches Lifson Re

This venture is a significant step forward in allowing us to partner with knowledgeable third-party capital that has extensive experience in the insurance industry.

Cayman Islands Reinsurers Form Industry Group

The founding members of CIRCA believe it is time to formalize the group and invite others to participate in advancing the reinsurance industry in Cayman.

W. R. Berkley Corporation Launches Lifson Re

W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented, The creation of Lifson Re is part of an important strategic initiative to efficiently manage our risk and capital.

Cayman economy grew in 2019 and performed better than expected in 2020

The minister has pointed out that with some two million dollars earned from statutory agencies and government companies, Cayman had a surplus of 32 million dollars at the end of September.

Apex Group To Acquire GFin Corporate Services

Following the acquisition, GFin’s clients will benefit from the Group’s international presence; accessing new markets through its globally connected operating model across 45 offices, supported by 4,000 employees.

National Gallery of Ireland tenders for fund manager

The Dublin gallery has a portfolio of investments valued at €6.3m in equities, bonds and cash.

Hedge Funds Exploit Technology to Reduce Cost and Waste

It saves the manager having to replicate the work the administrator has done, and possibly prevents the manager having to employ extra staff.

Resilience and diversity – the road ahead for CLOs

As Covid lockdowns took hold across the globe in early 2020, there was a lot of talk about whether or not there might be widespread credit defaults.

The Bahamas special report, sponsored by BFSB

The special report is introduced by Tanya McCartney, CEO and Executive Director BFSB and features a series of special videos including Bahamian Minister Elsworth Johnson.

Sompo International to Acquire W. Brown & Associates Insurance Services Aviation Business

This acquisition takes Sompo International’s long-term relationship with W. Brown to the next level as it will become a wholly owned subsidiary of Sompo International and further exemplifies a shared commitment to serve the general aviation market.

9 Financial New Year’s resolutions: Get your finances in shape in 2021

When New Year comes around and you're considering life improvements for 2021, don't forget your financial wellbeing. Experts share their top tips for getting financially fit next year

BOV to launch new green financing product

It is very encouraging that the Maltese Managing Authority decided to pioneer this financial instrument with the EIF and I look forward to continued cooperation going forward.

Bermuda-based Ivy Re partners Global Atlantic in $8.5bn deal with Unum

This is the third block reinsurance deal for Global Atlantic in 2020, totalling over $16 billion of assets.

Bermuda’s Aspida and Ares complete acquisition of F&G

As part of the transaction, Aspida will enter into a strategic flow reinsurance agreement with F&G related to certain annuity products.

‘Get what you need’ – Guernsey’s appeal for funds

The development of economic substance requirements has also served Guernsey well

IQ-EQ assists Cordovan Capital Management with first institutional fund launch

The new fund is aiming for its first close imminently and will be targeting a total AUM value of £50 million.

Feature: How Labuan IBFC stayed on track throughout the pandemic

The industry's profitability grew by 43.7% to $190.5m mainly because of improved underwriting performance and better cost management.

AIM and Hedge Funds