Managers of Wealth Offshore

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.

Another world-first for TISE

This demonstrates the growing demand which we are seeing for listings on both the QIBM and TISE Sustainable and I believe that we have the right environment for listing many more similar catastrophe bonds in the future.”

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.

AIM and Hedge Funds