Managers of Wealth Offshore

Bermuda gov't to set up coronavirus quarantine centres

To date there has been no confirmed cases of the virus in Bermuda.

Nurturing the perfect eco-system for alternative funds

It's a trend we’re seeing play out equally across the GCC region. And with good reason.

Jersey: A Thriving Hub for Energy & Natural Resources Investment in Africa

Mauritius and the Seychelles are well renowned hubs for African inward investment and Jersey is taking an increasing role in the region alongside them.

Overwhelming underwriting losses lead to full year and Q4 losses for Sirius

The increase in the combined ratio was driven primarily by net unfavorable prior year loss reserve development and higher current accident year losses

Xceedance launches life insurance and reinsurance practice, and new Liechtenstein office

Lucas has 35 years of industry experience at Guy Carpenter in Denmark, US Re in Switzerland, and most recently at JLT Re in Switzerland, where he was general manager.

Hiscox profits slump as third year of heavy cat losses take their toll

The business made a loss of $28.7 million in 2018.

SANNE shortlisted in the Fund Administrator of the Year awards

This year’s ceremony will take place on 22 April 2020 at the JW Marriott Grosvenor House in London where host Martin Bayfield, former England rugby forward, and current actor and TV presenter, will hand out 25 awards.

CI firms among winners at Hedgeweek Awards

The winners were decided by a poll of Hedgeweek readers, including professionals from hedge fund management firms, investors, fund administrators, custodians, accountants and auditors, law firms, consultants and fund distributors.

PartnerRe overcomes difficult final quarter to record full year profits in 2019

In the non-life segment PartnerRe brought its combined ratio down to 100.3 percent in 2019, from 101.9 percent in 2018.

Jersey’s LGL Group to partner with Associated Consultants Limited in Mauritius

This acquisition will add further quality and scale to our existing business whilst also deepening our jurisdictional service offering to Mauritius.

‘Malta’s economy confronted with sustainability challenges’ – EC

The recommendations are published each year, and the Commission noted that Malta has made “limited” progress in addressing the recommendations put to them in 2019.

Alasdair Davidson to speak at Trusts & Estates Litigation Forum in Marrakech 26-28 February 2020

The Global Elite event which runs from 26-28 February brings together trust and estate litigators from across the globe to discuss recent contentious trust proceedings.

Third Point Re back on track with healthy profits in 2019

Gross written premiums were up to $631.8 million for the full year 2019, up from $578.3 million in 2018. In Q4 2019 gross written premiums were $134.2 million, up from 120.1 million in Q4 2018.

Ocorian merger hailed a positive for Bermuda

The merger of the two businesses created a corporate and fiduciary service and fund administration business with $260 billion of assets under administration.

RenRe calls outstanding series C preference shares

All rights of the holders of the shares will cease, except for the right to receive the redemption price, without interest, when surrendered.

BILTIR and BDA to promote Bermuda at ReFocus conference

More than 800 delegates from around 250 companies will attend the event in Las Vegas, which is sponsored by the American Council of Life Insurers and the Society of Actuaries.

Armstrong World Industries transfers $1bn in pension obligations to Athene

Athene is responsible for providing income security for more than 178,000 annuitants

Arch to acquire major stake in Coface

The transaction is not expected to lead to any job losses at Coface.

Savage Q4 leads to full year losses for Argo

In Q4 it soared to 126.7 percent, having been 99.5 percent in Q4 2018.

TISE recognised as a Gold Community Champion

The award recognises TISE’s significant Corporate Social Responsibility contribution to its ‘home’ communities in Guernsey, Jersey and the Isle of Man during 2019.

AIM and Hedge Funds