Managers of Wealth Offshore

Essent Group reports increased profits for Q1 2020

Essent also announced that it will pay a quarterly cash dividend of $0.16 per common share, payable on June 12, to shareholders of record on June 2, 2020.

PartnerRe reports a loss for Q1 but remains bullish going forward

It reported gross written premiums of $2.04 billion for Q1 2020, down from $2.12 billion in the same period of 2019.

Third Point Re reports Q1 loss but emphasises improvement in combined ratio

The re/insurer pointed to market volatility caused by the COVID-19 pandemic and a resulting 7.3 percent investment loss as the main source of its difficulties in the quarter.

Athene reports net loss for Q1 but insists long term earnings potential looks healthy

Despite the sequential decline in volumes, as expected, flow reinsurance activity gained momentum in March amid a peak in market volatility, as key partners remained active in underwriting new retail annuity policies.

Athene reports net loss for Q1 but insists long term earnings potential looks healthy

Our actions over the past year have allowed us to operate from a position of strength.

An Overview of Jersey's Commercial Real Estate Market During the Current Crisis - A Virtual Discussion

The objective of the session was to provide a friendly forum for discussion for those involved in day to day commercial property transactions in Jersey and to share recent experiences and challenges arising from the current crisis.

Hansard Global trading update

New business for Q3 2020 was £38.4m in PVNBP

AXIS slumps to Q1 loss but points to improved cost controls

Gross premiums written decreased by $152 million, or 6%, to $2.4 billion with a decrease of $242 million, or 14% in the reinsurance segment, partially offset by an increase of $90 million or 11% in the insurance segment.

Arch Capital remains profitable in Q1

Corporate and non-underwriting results include net investment income, other income (loss), corporate expenses, transaction costs and other, amortization of intangible assets, interest expense

Market volatility drags Watford into loss for Q1

Actual losses from these events may vary materially from the estimates due to several factors, including the inherent uncertainties in making such determinations and the evolving nature of this pandemic.

TISE first for Abu Dhabi Global Market fund

Two classes of the fund have been listed on TISE.

Foundation established to manage private-sector emergency fund

The foundation will complement existing government-led national efforts by supporting local non-profit organisations with funding for projects involved in all aspects of a disaster cycle, the release noted.

Why the Development of a Secondary Market Will Transform ILS

There are many things investors look for when deciding where they should allocate capital. First, they need to believe they will be paid a fair return for the risk involved.

Volatility in bank loan portfolio leads to Q1 loss for James River

A substantial part of the decline we report in the quarter has been reversed as debt markets have recovered significantly from quarter end.

Argo warns investment losses will weigh on Q1 results

While this continuing event is significant, Argo remains financially strong and will continue to support our customers and producers through the challenges ahead.

Alderney finances take "significant" hit

Alderney’s Policy & Finance Chairman James Dent said his committee has been advised of the need to identify and prioritise funds that can support the island's recovery from the Covid-19 emergency

MLA urges pension raid to reset ‘ridiculous’ system

This is one of the first steps in dismantling the system that ain’t working.

Private equity house takes stake in TigerRisk

The transaction is subject to customary regulatory approvals and closing conditions.

Apex Broadens Jersey Corporate Solutions Offering

The Throgmorton brand has been well-respected in the UK market for over 20 years and has enhanced the Group’s corporate solutions expertise with the addition of over 150+ experienced business services professionals.

Grant Thornton Channel Islands appointed to sell aircraft of local importance

Due to a lack of adequate funds to meet ongoing costs, in February 2020, the Directors of the owning company approached Grant Thornton’s recovery and reorganisation experts, Alan Roberts and Ben Rhodes, to assist them.

AIM and Hedge Funds