Managers of Wealth Offshore

Cayman for sale? Opinion divided over open property market

While this situation has been good for sections of the economy and for government revenue, concerns are growing about a lack of affordable homes.

Randall & Quilter launches sidecar as moves to a fee-based model

Gibson Re will reinsure 80% of all of R&Q’s new qualifying legacy transactions for three

Enstar takes back control with Enhanzed Re acquisition

Enstar and Allianz have agreed to changes in the board and shareholder rights to reflect the former’s majority interest.

BNS closes chapter on Antigua

“The former BNS branches will remain open to the public, but ECAB will make decisions as to the future of these branches in the coming months,”

Apex Group expands relationship with Launch Africa Ventures

Launch Africa invests capital, time, and expertise into leading B2B and B2B2C early-stage, technology-driven startups with strong management teams and scalable solutions.

Jersey up for top IFC award for tenth year

The awards are judged by an expert panel and an online vote which closes on 5 November 2021 with the awards announced at a gala dinner on 26 January 2022.

Ascot brings reinsurance under one roof

The existing companies will continue to provide the solutions.

‘Focus on Valletta has paid off’ – VBL Group

“The group’s vision has been clear from its inception; it was not by chance that we became the largest private owner of real estate in Valletta.

Coller Capital and Ping An Overseas Holdings close world’s largest private credit secondaries transaction

The portfolio is comprised of four flagship credit funds managed by blue-chip North American and European managers.

Vantage boss in US cybersecurity talks as the business launches new products

In the US, where the reinsurer’s holding company has also launched a US surplus lines carrier, Bhuma Patel joined to head the financial institutions business in the same month.

FIMBank Announces Positive Half-Yearly Results

During the period under review, the Group’s net operating income increased by 16 per cent, from USD19.2 million to USD22.1 million.

Apex Group closes acquisition

This strategic addition to the Group further supplements its local market private equity expertise, while adding liquid asset servicing capabilities for Brazil.

Austen Morris co-founder seals Mauritius adviser firm deal

They are the perfect institution to take over, and I have no doubt that each client will benefit enormously from their professionalism and global expertise.

Ariel Re gets green light to establish a Lloyd’s Managing Agent

This is an important strategic milestone for Ariel Re and will allow us to achieve operating efficiencies and strengthen relationships with Lloyd’s and the UK Regulators.

Vistra supports AMR Action Fund

The fund aims to accelerate the development of antibiotics by investing more than $1bn in smaller biotech companies and providing industry expertise to support the clinical development of novel antibiotics.

JFSC proposes insurance sector fee rate rise to boost “financial resilience”

“We will share more detail from that review later this year,” the organisation added.

TMT Investments sees double-digit growth

During the first six months of 2021, the company said it had made USD14.1 million of investments across 13 new and existing portfolio companies.

Aztec Group supports MML Capital

The fund received commitments from circa 35 investors, both from MML’s existing investor base and new Limited Partners.

Bermuda newcomer ASR Re receives rating

In addition, AM Best has rated the outlook for the reinsurer’s credit rating as ‘stable’

Modest gains for ICBL but no dividends

This modest increase in net income represents a very promising result for 2020, given the negative economic impact of the global COVID-19 pandemic on Barbados.

AIM and Hedge Funds