06/05/2023
Bermuda insurers' capital and surplus rises 6.3% in 2022
Overall, the BMA's net income fell by more than $7.8 million to $5.45 million in 2022
AIM and Hedge Funds
06/02/2023
United Kingdom highlights Panama’s investment opportunities and features in ‘green’ infrastructure
Another important item on the agenda is the implementation of the current Association Agreement between the United Kingdom and Central America, which governs trade and cooperation relations between Great Britain and the sub-region.
06/01/2023
Ravenscroft launches ‘Higher Income Fund’
The fund, which has now launched, will be run by Ravenscroft’s multi-manager team and led by Bob Tannahill and Shaun McDade.
06/01/2023
Apex Group adds to client offering with close of Mainspring acquisition
The strategic acquisition of Mainspring adds 70 new employees
05/31/2023
Canada and US top targets for alternative assets fund raising in 2023
As well as being one of the top target countries for alternative asset fund raising, professional investors in the US are also expected to dramatically increase levels of fund raising for alternatives.
05/31/2023
Swiss Trustees – A preferred choice for private clients
More than 20 years on, Swiss trustees have emerged as a preferred choice for clients who seek established, trustworthy and efficient management of their trusts and companies.
05/31/2023
Somerset Re subsidiary gets A- financial strength rating
The management team has deep industry expertise and is expected to leverage its use of direct channels, brokers and strategic partners
05/31/2023
Chelsea Avondale raises new round of funding
In conjunction with the completion of the investment round, Dan Bitar, managing director and co-head of MSD Growth, has joined the Chelsea Avondale board of directors.
05/30/2023
Apex Group sets out Ireland expansion plans with the creation of new jobs at Limerick office
This announcement follows continued organic and acquisitive growth for Apex Group in Ireland, including the recent client win of Boston Partners for Management Company Services and planned acquisition of the Irish depositary business of Bank of America.
05/30/2023
Cayman considers Singapore as alternative to Hong Kong for Asia base
Hong Kong had long been considered the preferred location for a base in Asia for a Cayman Islands government office
05/30/2023
Excellent Hamilton Re credit ratings affirmed
The very strong balance sheet strength assessment is supported by Hamilton’s strongest level of risk-adjusted capitalisation, as measured by Best’s capital adequacy ratio.
05/26/2023
Number of residential properties in Guernsey increased in 2022
At the end of December 2022, the total number of domestic property units in Guernsey was 27,494, of which 1,598 (5.8%) were Open Market.
05/26/2023
The Future Of Funds Is Bright – Guernsey Funds Forum 2023
The fund invests in 3-D printing that creates 'whole cut' structured meat products, cow-free diary produce and non-GMO plant protein ingredients.
05/26/2023
Sompo International expands to Canada
Dixon was formerly chief strategy officer for Aon's reinsurance operations in Canada and the Caribbean.
05/25/2023
Argo unveils deal to revamp its surety business
This partnership is an important step as we work to evolve Argo Surety
05/24/2023
The House of Green expands into Europe
The business is targeting revenue in excess of £1m for 2023 by expanding in Guernsey and accelerating growth in the more recently opened outlets in Jersey, Alderney and Sark.
05/24/2023
Moody’s backs RenRe-Validus deal but warns on volatility
The parties expect to complete the transaction in the fourth quarter of 2023, pending regulatory approvals and other customary closing conditions.
05/23/2023
BML opens self-service banking ATM centers in two more islands
Currently, Noonu atoll has a self-service banking center in Kendhikulhudhoo and branch services available in Manadhoo, Velidhoo, and Holhudhoo.
05/23/2023
Everest Re raises nearly $1.5bn in fresh capital
The final offering reflected an upsizing of a previously announced offering of 3 million shares and 450,000 option shares granted to the underwriters.
05/23/2023
Apex Group closes acquisition of MJ Hudson businesses units
Close of the acquisition of MJ Hudson’s regulated business units remains subject to regulatory approval.