04/23/2021
GFSC launches new Private Investment Fund options
All currently registered PIFs continue to be registered under the current “Path 1” regime which remains available to those wishing to raise money from broader categories of investor.
AIM and Hedge Funds
04/23/2021
BISX announces addition of four investment funds
The funds are open-ended mutual funds, incorporated as international business companies under the laws of the Commonwealth of The Bahamas
04/22/2021
Jersey fund drops hostile takeover bid of UK wealth manager
It ‘believes that other growth and acquisition opportunities are more compelling at this time’
04/22/2021
Appleby Donates $25,000 to Bermuda Hospital Vaccination Clinic
The donation is to assist in the operating costs of the King Edward Memorial Hospital Covid-19 Vaccination Clinic.
04/22/2021
Ocorian selected as administrator for housing fund
The fund, set up using a Guernsey Private Investment Fund structure, has raised an undisclosed amount at its first close.
04/21/2021
Accuro finalist of the Wealthbriefing European Awards 2021
These awards showcase ‘best in class’ providers in the global private banking, wealth management and trusted advisor communities.
04/20/2021
Guernsey braced for more pension longevity risk transfer deals after bumper year in 2020
This includes three deals in 2020 alone, with a combined scheme value of more than £8 billion.
04/19/2021
Surge of interest in Guernsey for pension longevity risk transfer deals
A captive solution can also be a stepping stone towards purchasing a bulk annuity at a later date, and this has happened with some Guernsey deals.
04/19/2021
JTC revenues rise by 16% despite pandemic challenges
Jersey-based JTC saw revenues increase by 15.9% in 2020, which it described as a strong performance.
04/19/2021
Helix snares Hadler and Mortimer, unveils Bermudian excess casualty business
Helix Underwriting Partners has expanded its agency platform to include excess casualty insurance in Bermuda, and made a number of appointments to build out its offering.
04/19/2021
Canopius names Invesco as alternatives partner as low rate environment continues to bite
Canopius Group, the global specialist re/insurer with operations in Bermuda, has named Invesco as an alternatives partner.
04/15/2021
Malta Enterprise to cover costs of Malta Chamber membership to start ups
It is no coincidence that Malta Enterprise provides the space for start-ups to grow,” said Dalli.
04/15/2021
Another Bermudian re/insurer signs up for Ed’s etrading platform TradEd
Ed, the global reinsurance, wholesale and specialty broker, has signed up a major Bermuda-based re/insurer to TradEd, its etrading platform.
04/14/2021
Another Bermudian re/insurer signs up for Ed’s etrading platform TradEd
“Ed are one of our key trading partners here in Bermuda and we’re pleased to deepen this relationship with the use of technology as we both grow our Bermudian operations in a thoughtful manner.”
04/14/2021
TISE GREEN lists green bonds from world’s largest aluminium recycler
The net proceeds from the bonds will be used to finance eligible green projects, such as investments in renewable energy and pollution prevention and control.
04/13/2021
Business mogul Zaren Vassallo named EY Entrepreneur of the Year
Dr Juice founder John Winfield named EY Rising Star
04/13/2021
MAPFRE Malta registers group profit of €14.29m after tax in 2020
Investment income was subdued as property income and lower gains mitigated the low or negative yields registered in financial instruments, including an impairment of available-for-sale equities.
04/13/2021
Gallagher Re invests in Bermuda with establishment of dedicated new cyber reinsurance specialism
The dedicated team will be led by specialist cyber broker Seb Plummer
04/13/2021
Appleby Colleagues Fundraise for the Red Box Project Jersey
Leading Law Firm Appleby in Jersey have raised over £1000 for the Red Box Project, a local initiative set up to end period poverty in Jersey.
04/13/2021
TrustQuay opens Luxembourg office
In addition to Luxembourg, TrustQuay has 8 other offices worldwide in key markets which include Jersey, Guernsey, United Kingdom, Singapore and Australia, serving more than 460 customers and 17,500 users in over 30 jurisdictions.