Managers of Wealth Offshore

New life and annuity reinsurer AeCe Isa Ltd sets up in Bermuda

“Our focus on serving Middle America, the most underserved segment of the market, will be enhanced by the added capacity AeCe provides.”

James River takeover talks 'on pause'

Joseph Brown told analysts on Global Indemnity's first quarter earnings call that the specialty insurer had had "conversations" with James River but there were no talks at the moment.

White Mountains profit climbs 31%

Ark increased gross written premium of $872 million in the quarter compared to $809 million in 2023 while the combined ratio was 94%, on par with 2023.

Jersey Finance showcases industry expertise in South East Asia

The series began with an event entitled ‘Spotlight on Funds: Recent Trends in Virtual Assets’, hosted in partnership with KPMG in Singapore.

Financial analysis: Functions of a capital market

Capital markets are essential for supporting innovation and long-term economic growth

Agam and 26North collaborate on second Bermuda life re/insurer

AeCE ISA will reinsure single premium deferred annuities written by National Life Group’s Life Insurance Company of the Southwest.

Blackstone exits Hamilton Insurance investment

The Company expects to close the repurchase transaction tomorrow subject to customary closing conditions.

Brookfield Re's new subsidiary gets ratings upgrade

American National Insurance Company’s A rating has also been reaffirmed, with credit watch removed following the completion of Brookfield Reinsurance’s acquisition of AEL.

The Future of Private Equity

The discussion centred on how the digitalisation of real-world assets is progressing, and what US private equity managers are doing to establish deal vehicles in this space.

House prices fall by 1.6% in a quarter

The average rental price for local market properties was £1,911 in the first quarter of 2024 - 0.5% lower than the previous quarter.

Jersey Finance Showcases Industry Expertise in New Series of Events in South East Asia

The series began with an event entitled ‘Spotlight on Funds: Recent Trends in Virtual Assets’, hosted in partnership with KPMG in Singapore.

Business community and Economic Development Committee discuss key strategies for Alderney

Businesses represented included Chamber members and non-members, with five States of Alderney elected Members in attendance.

Q1 net income up 11.8% for IGI Holdings

The increase in net income was primarily driven by the increase of $12.2 million in underwriting income and an increase of $3.0 million in net investment income.

HIGHVERN supports Beacon Farms’ Sustainable Agriculture Initiatives

In line with HIGHVERN’s commitment to promoting sustainability, their financial backing will facilitate the expansion of production at Beacon Farms’ existing composting facility.

Flagstone International expands into captive insurance market

The platform allows trusts, funds, companies, and high net worth individuals to manage their cash deposits across multiple banks and jurisdictions using a single account.

Sure secures VMware Premier Partner status with Broadcom

Sure has been granted Premier Tier Partner status for VMware by Broadcom in the Channel Islands and the Isle of Man.

Managing change – and other challenges

Avoid a top-down approach when bringing in change.

Everest Insurance reorganizes US retail business

Craig Hanrahan, regional executive, US Northeastern Region, who joins Everest from Chubb, where he was executive vice president, Major Accounts.

“Spirit of collaboration” between Alderney business and government

It's agreed to make the forum a regular occurrence, with the main action points from the inaugural meeting focusing on the hospitality sector.

Third Point launches Malibu Life Re, a hybrid life & annuity sidecar-like structure

Malibu Life Re will adopt a more traditional investment policy

AIM and Hedge Funds