Managers of Wealth Offshore

BMS Re continues its international expansion with new Bermuda office

BMS Re has already established a major hub in the US, led by Pete Chandler, and also has operations in London and Europe headed by Hannah Watkins and Andrew Wheeler.

Arch Capital Group Reports 2021 Second Quarter Results

Favorable development in prior year loss reserves, net of related adjustments(1) of $64.8 million

African Development Bank loans Seychelles $20 million to cover budget gap

The 2021 budget approved in April by the National Assembly is for a sum of SCR 11 billion ($519 million) and it gives more attention to the fisheries sector and relaunching the tourism industry.

Enstar Announces ADC Agreement With RSA

Completion of the transaction is subject to regulatory approval and satisfaction of various closing conditions.

Four Funds With $7 Billion in Adani Have History of Wrong Bets

Because the funds are registered in the tax haven of Mauritius, their ownership structure is opaque.

Everest CEO hails 'excellent' Q2 results as profit jumps over 3-fold

For the first half of 2021, the GWP came in at $6.12 billion, 24 percent up from $4.94 billion reported in H1 2020.

How private markets can be a game-changing force for good

The private markets designation brings together private capital (private equity and credit) and real assets (infrastructure and real estate).

Aon-WTW $30bn merger fails; CEO & CFO get contract extension

Aon has agreed to pay a termination fee of $1 billion to Willis Towers Watson.

Apex supports Integral Group for fourth buy-out fund

Apex has been appointed to provide fund administration and regulatory services to Integral’s Fund IV Cayman LP, further strengthening the Group’s long-standing relationship with Integral that dates back to 2014.

PartnerRe Ltd. Reports Second Quarter and Half Year 2021 Results

Operating income was $151 million for the second quarter of 2021

Opus Fund Services opens Mauritius Office

Mauritius has built a solid reputation as a secure and reliable financial center.

Fidelity On Target To Hit 75% Pre-Covid Return

The road ahead in 2021 and 2022 is expected to remain bumpy

RenRe hails solid Q2 results characterised by strong underwriting growth

The property segment saw GWP increase by 13.5 percent to $1.18 billion, while in the casualty and specialty segment it increased by 38.1 percent to $910.6 million.

Jersey - the REIT choice for UK property investment

We have prepared this note in order to set out some initial information and considerations in relation to the use of a real estate investment trust (“REIT”) which will list on The International Stock Exchange (formerly known as the Channel Isl

AXA XL launches Political Risk, Credit and Bond insurance in Germany

For large German multinational companies, most of which have historically been keen investors overseas, managing the risks associated with foreign trade is extremely important.

Global Economist Reports on Cayman Enterprise City’s Half Billion Dollar Impact

The report concludes with recommendations for policy reform and emphasises a need for further job creation for Caymanians in a post-COVID environment.

Sale Of Bermuda Commercial Bank Completed

“As part of the transaction Somers has agreed to acquire 21 million shares in PCF Group plc [PCF] from BCB and Somers’ direct holding in PCF will be increased to 64.4%.”

Argus makes charitable donations to 17 Bermuda-based organisations

Between $5,000 and $25,000 was donated to programmes that fell into the four categories representing the Argus committee’s focus, including: seniors; youth and sport; education; and health and wellness.

Malta Properties AGM highlights positive 2020 performance

"Looking ahead, we will continue to monitor a fast-evolving market and remain focused on identifying new opportunities in an environment that offers cautious optimism."

Finance Minister On OECD Inclusive Framework

This includes the notion that all jurisdictions should have the right to create tax systems which are appropriate for their economies, [whether or not such tax system includes or does not include a corporate income tax].”

AIM and Hedge Funds