Managers of Wealth Offshore

Velocity Risk MGA majority stake sold to Oaktree by Nephila

Now, Velocity Risk provides insurance coverage to customers in many of the most catastrophe-exposed areas of the United States.

Bermuda-based managing general agent embarks on international expansion

Before that, he was SVP of executive and professional lines at Berkshire Hathaway Specialty Insurance, tasked with starting up and building out the executive and professional lines business in Canada.

Global Bond Winners for 2021

A deeper look into 2021 performance shows the top performers have mostly fallen in price, but coupon returns were high enough to offset these losses.

SiriusPoint invests in tech-enabled Canadian life business

The transaction also provides SiriusPoint with direct access to Canada’s growing life re/insurance market.

Nephila to launch new Lloyd’s Syndicate in January

The new syndicate will focus on short to medium tail lines of business accessed through partnerships with leading underwriters.

Argo sells off Malta business

The deal also follows the sale of Argo’s Italian business last December and, more recently, its Brazilian business in October.

Money Manager Disappears With $313 Million From China Developer

Fortune Land is among a growing list of Chinese developers that are embroiled a debt crisis following Beijing’s deleveraging campaign aimed at defusing financial risks and making housing more affordable.

TISE becomes home to a Singaporean first

At Bedell we are seeing continued strong demand for REIT listings on TISE and, with our experience on working with EliteCReit and other clients, we are well placed to assist in bringing those to market.

JTC Further Bolsters US Platform with Acquisition

EFS offers a broad range of services in the alternative assets space, including accounting, reporting and administrative services to investment partnerships and their investment managers.

Ogier advises American Express Global Business Travel

The Ogier team worked alongside Skadden Arps Meagher & Flom in New York and provided advice to GBT on the Jersey aspects of the business combination including the roll up of the equity interests of current shareholders into the combined company.

International business needs certainty on BMA fee levels, OBA leader says

Mr Dickinson said the changes would be “entirely revenue neutral” and any appropriate duty rate changes would be included in the 2022-23 Budget.

Guernsey Director named 'Insurance Woman of the Year'

She said she was "honoured" to have received the recognition.

Bermuda insurers assuming almost a quarter of world cat risk

Bermuda’s market, which are required to maintain statutory capital and surplus of at least 99% tail value at risk (TVaR) over a one-year time horizon.

Randall & Quilter records strong growth in first nine months

At the end of September, it ran 70 programs, up from 39 programs a year ago, and it has since added five more, increasing the contracted premium to $2 billion.

UK QAHCs - Asset Holding made simple through Guernsey companies

Separately, the UK is considering the introduction of a corporate re-domiciliation/migration framework to encourage non-UK companies to relocate to the UK and take advantage of its competitive corporate tax system.

All safe in the Ark

In addition, the ratings reflect GAIL’s strategic importance to [parent] Ark, as the group’s Bermuda-based re/insurance vehicle,” Best stated.

The Argus Group Reports Earnings and Interim Dividend

These solid six month results are due to good underlying performance across all main lines of business.

PraxisIFM completes sale of Fund Administration division

The company plans to return a significant amount of the proceeds to shareholders and will deploy the balance to initially reduce bank borrowings

Special Report: II Labuan IBFC 2021

Our special report drills down into the unique role this free zone plays as it carves a special place on the international stage.

Captive Insurance to be a Primary Focus in Labuan IBFC’s 5-Year Strategic Roadmap

Increasingly, we are seeing a rise in captive’s popularity globally driven not just by the pandemic but also insurance market challenges as well as natural catastrophes.

AIM and Hedge Funds