08/04/2023
Completion Of South Dakota Trust Company (SDTC) Acquisition
The acquisition was announced on 14 June 2023 and has now received US merger control and South Dakota regulatory approvals.
AIM and Hedge Funds
08/04/2023
Alderney launches campaign to attract new business ventures
The results of this survey will be made public and will also be submitted to the States of Alderney Economic Development Committee.
08/03/2023
SiriusPoint continues to bounce back with $66m profit
Investment income jumped to $68.5 million from $17.4 million, while realised and unrealised gains were $65.8 million compared to a loss of $141 million in the prior year.
08/03/2023
Enstar rides investment improvement to $21m profit
The company recorded an underwriting loss of $34 million compared to a profit of $78 million in the same period of 2022, primarily due to a $113 million decrease in favourable prior period developments.
08/03/2023
Jersey Finance Launches Sustainable Finance Awards
Nominations will be open from 31 July to 18 September, with an independent panel of judges selecting winners, which will be announced at an awards ceremony at Jersey Zoo on 18 October.
08/02/2023
PartnerRe posts half-year profits of $783 million
There was also a net investment return of $481 million including unrealised gains on fixed maturities and short-term investment of $107 million
08/02/2023
Mosaic boosted by new strategic investment
The company now underwrites cyber, transactional liability, political risk, political violence, environmental liability, financial institutions, and professional liability.
08/02/2023
Half Century Reached by Four at Alex Picot Trust
Each individual joined as a trainee and completed their training with Alex Picot Trust, progressing through to the senior roles they hold today.
08/02/2023
Listen: Banking pains for business laid bare
They then upped sticks and went to Spain instead where the business, which could have provided around 20 jobs within a couple of years locally, has now grown to employ more than 40 people.
08/02/2023
PartnerRe turns around half-year loss with $783m profit
Net premiums written rose from $4.25 billion to $4.5 billion while net investment income rose from $182 million to $286 million.
08/02/2023
Convex throws weight behind blue economy drive
The fund has also received €10 million from family offices and HNWs.
07/31/2023
Everest reports record operating profit in second quarter
Total revenue increased to $6.9 billion in the first half, compared with $5.7 million in the same period a year earlier.
07/31/2023
Global Atlantic financial strength rating affirmed
The outlook is stable.
07/31/2023
SiriusPoint joins forces to fill medical gap in China
Private medical insurance has now become an important part of the national healthcare system in China
07/28/2023
APS and BOV generate record H1 profits
MSE Equity Price Index advances by 0.15%
07/28/2023
Caribbean Development Bank boosts Belize’s Micro Small and Medium-sized Enterprises with $12.5 million credit line
Тhіѕ іѕ асhіеvеd bу рrоvіdіng rеаѕоnаblу рrісеd fundіng tо іndіvіduаlѕ оr grоuрѕ ѕееkіng tо аdvаnсе kеу есоnоmіс ѕесtоrѕ but lасkіng thе nесеѕѕаrу rеѕоurсеѕ tо dо ѕо оn rеаѕоnаblе tеrmѕ.
07/28/2023
HSBC moves to high street with opening of new Isle of Man branch
The branch move to the high street follows the relocation of HSBCs Head Office teams to a new central Douglas location earlier this year.
07/27/2023
Conduit Re posts first profit
That compares with a comprehensive loss of $39.4 million in the first half of 2022.
07/27/2023
Economic Development looking to improve banking for business and consumers
It is also undertaking a “general review” of the banking sector “with a view to developing policy proposals” to remove troubles for businesses and individuals.
07/27/2023
Record reinsurance growth drives Everest to $670m Q2 profit
Everest’s second quarter performance was outstanding