Managers of Wealth Offshore

Aspen and PIMCO form Pando Re in Bermuda

The company said the launch of Pando Re was a continuation of Aspen’s strategy to partner with third-party investors

Fleming completes $277m purchase of JRG Re

Fleming was ordered to complete its pending acquisition of Bermuda-based JRG Re, with a US court ruling that there were no valid grounds to delay the closing.

Aspen Insurance and PIMCO form collateralised re/insurer

Aspen said that under a long-term agreement, Aspen will be the sole cedant to Bermuda-registered Pando Re and PIMCO will be its exclusive investment manager.

HSCM Bermuda announces closure of HS Mohawk Fund

This transaction marks an exciting milestone in our growing life insurance franchise

Attracting multi-million euro investments to Malta’s real estate sector

Interview with Sandro Chetcuti, Property Malta Foundation chairman

HSCM Bermuda creates life insurance investment fund

HSCM has also named Gokul Sudarsana its chief investment officer for life insurance, in addition to his role as chief actuary.

IDF reveals blueprint for investment in resilient infrastructure

The IDF is made up of virtually all global insurance companies, including many Bermuda-based re/insurers, who are also represented on the IDF board.

Axcelus Financial reports $14bn in assets under administration

“We are especially excited to further scale our programmes with larger wire houses and banks to meet this demand.”

Legacy trade association forms Bermuda chapter

The chapter will also support IRLA's global initiatives and events

Veritas Group acquires Hawaii company

Veritas said this method optimises the delivery of essential nutrients to the plants but also significantly minimises environmental impact.

Financial analysis: Sharp upturn across equity markets in Q1

Positive momentum a result of robust economic data and a positive earnings season coupled with continued enthusiasm about business opportunities in AI

Expanding Malta’s trade horizons

The complexity of international trade means that markets nowadays are incredibly interlinked

Axis Capital launches new specialty unit in Canada

The company said the expansion into EIL in Canada is supported by the existing Environmental team that is well established within AXIS in the US.

Verisk unveils new generation of catastrophe models

This development underscores Verisk’s commitment to driving innovation and resilience within the insurance sector.

Lancashire launches US subsidiary

Lancashore announced last August that it would open a US subsidiary

Voting Opens for Finance Industry’s 2024 Rising Stars Awards

Nominations opened in January for firms to put forward young people that they felt deserved recognition

JTC Reports Another Exceptional Year With Record Organic Growth And Strong Momentum

Client demand for JTC’s services continues to grow, demonstrating its robust business model in the post pandemic environment and its resilience to wider macro volatility.

Howden Tiger to become Howden Re

This strategic change follows Howden’s rebrand in October last year, which united its broking operations under one name.

Executives wary of global political change

Respondents increasingly see political developments as a primary hazard to the global economy.

RS2’s growth fuelled by evolution of payments industry

RS2 empowers some of the world’s largest banks, financial institutions, fintechs, acquirers, and payment service providers across Europe, the US, Latin America, Asia Pacific, and the Middle East

AIM and Hedge Funds