Managers of Wealth Offshore

Citi, IFC and Global Bank Partner to Finance Women’s Economic Empowerment in Panama

Proceeds from Landmark $90 Million Loan to Finance Low-Income Mortgages for Women-Led Households and Women-Owned Enterprises

Gracie Point Issues $75 Million in Preferred Equity to Fund Continued Global Growth and Acquisitions

Following this transaction, Michael Millette, Managing Partner at HSCM Bermuda, will become a Board Member at Gracie Point. Also, Dhiren Jhaveri, CEO of Kuvare, will join the Gracie Point Board.

Convex gets go-ahead for CES operation

London and Bermuda specialty re/insurer Convex has gained authorisation for its newly-established European business, Convex Europe SA (CES).

Fortitude Re buys PALAC business

The PALAC block primarily consists of non-New York traditional variable annuities with guaranteed living benefits issued before 2011.

North End Re joins BILTIR

“We are delighted to welcome North End Re to BILTIR and look forward to benefitting from their expertise and industry insights,” said BILTIR Chair Sylvia Oliveira.

BILTIR brings in behavioural expert for conference keynote.

Those wanting to attend must register online for the event.

6 steps managers must take to obtain and maintain REIT status

Crestbridge assists its clients across the entire REIT life-cycle, supporting managers in what can be a huge undertaking.

Trust services provider buys Isle of Man pension firm

‘Expansion into the sector was a key target area’

Inveniam closes out Series A, led by global financial services provider Apex Group

Our operating platform unlocks value across private equity, commercial real estate, private credit, and infrastructure.

Insurance Corporation achieves Community Champion accreditation

“At Insurance Corporation we see our work in the community as more than just corporate social responsibility,” Michelle Steele, HR and PR Executive at Insurance Corporation, said.

Jersey Finance celebrates ‘Rising stars’ in second annual awards

In total, over 150 young people between the ages of 16 and 30 were nominated for the Awards with a shortlist for each of the twelve categories being selected by an independent panel of judges, and more than 38,000 votes being cast by members of the public

Alliance to open new property lettings division in January 2022

Alliance Group has recently made a number of strategic partnerships, mergers and acquisitions, resulting in a very substantial database of letting properties that is now being updated in preparation for the launch.

In The Bahamas, Savoring a Secret Corner of Exuma

It’s so quiet you can almost hear his wings flap.

Lockton Re joins ABIR

Bermuda is both a key reinsurance hub and an important focus for the global insurance world.

SiriusPoint doubles loss estimate from European floods

It now estimates the event could cost $40-70m, contributing to losses, net of reinsurance and reinstatement premiums, of between approximately $70m and $100m on the company’s third quarter results.

Asia's Cell Centre

Enter the protected cell company, showcasing the benefits of self-insurance as a concept, unhindered with the complexities of setting up a separate legal structure and manning this entity.

Apex provides fund administration, accounting services to US Gold Opportunity Fund

Through their partnership with Apex, USGO will benefit from the flexibility, responsiveness and expertise provided by Apex’s team and underpinned by a range of ‘best in class’ technologies, a connected approach that supports all asset cl

Pillar Capital invests in technology to support growth

Pillar Capital manages third party capital invested in the global property catastrophe risk market.

Apex Group appointed fund administrator of the Masdar Green REIT

Under the private REIT regime, the Masdar Green REIT offers the opportunity for professional investors to invest in a portfolio of stable, income-generating, sustainable real estate assets located in Masdar City, and the UAE.

Aspen swings back to profit

The combined ratio of 98.0% over the period compared to 110.1% in the same six months last year includes a 5.3 percentage point impact from legacy business.

AIM and Hedge Funds