Managers of Wealth Offshore

Financial analysis: Assessing the strength of bond issuers

A look at companies with strong credit metrics, indicating a very low probability of default

Baker Tilly Channel Islands Continues Support for Jersey College for Girls’ LEAP Programme

This year promises to be the biggest to date with 88 delegates

SiriusPoint joins forces with Irish MGA

SiriusPoint has also announced that a programme administrator supported by Bermuda-based SiriusPoint has appointed industry veteran Richard Edsall as senior vice president.

Money market report for the week ended July 12, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Saudi Re completes sales of Probitas to Aviva

Aviva, which initially exited Lloyd’s following the CGU and Norwich Union merger in 2000, said its latest deal “significantly expands” market opportunity for Aviva’s Global Corporate & Specialty (GCS) business.

AM Best affirms ratings of Aspen and its subsidiaries

AM Best also has affirmed the long-term issue credit ratings on the preference shares of Aspen, and the indicative long-term IRs under the company’s universal shelf registration.

The pension deficit and liquidity in capital markets

Malta uses an unfunded pension model that relies on current worker contributions to finance current retirees.

When love and money collide: A wife's financial fears for her family

How can a spouse get their partner interested in the family's finances, savings and investment plans?

MSE Trading Report for week ending July 12, 2024

MSE equity index closes in the red

Ratings boost for Fidelis Insurance

The company uses a three-pillar approach with its GPW split among the specialty (62.6%), bespoke (20.1%), and reinsurance (17.2%) segments, with specialty being the primary area of growth in 2023.

Gateway Re lists $60m cat bond on BSX

The issuance marks SURE’s third successful transaction completed through the global insurance-linked securities (ILS) market this year

Resilient financial sector amidst high global geopolitical risks

Profitability rose through higher net interest income

Skipton bucks the trend for declining customer service in Guernsey

However, this trend is bucked by local bank, Skipton International, who scored highly in the survey conducted across 50 Guernsey brands.

Essent closes $500m note offering

The revolving credit facility amends and replaces the company’s previous $400 million secured revolving credit facility.

Special offer on unit linked personal pension plans from BOV and Mapfre MSV Life

Importance of planning ahead for a more comfortable retirement

Investec Bank (Mauritius) Limited Announces Dividend Payment for Preference Shares

The dividend is payable to shareholders registered in the company's books by the close of business on 26 July 2024.

Financial analysis: Thoughts about the bond market

Mobilisation of excess liquidity in the banking system into the capital market is clearly happening

James River signs loss portfolio agreement

During the third quarter of 2024, James River will recognise a $52.2 million reduction in pre-tax income for the excess consideration paid over reserves ceded in connection with the agreement.

High interest rates put paid to the Class of 2023

That’s the view of AM Best, which has released a report delving into why, unlike previous hard markets, there was no class of new reinsurers in 2023.

TISE reports sustained listings growth in first half

The total market value of all listed securities surpassed the £700 billion mark for the first time, reaching £708 billion at the end of June.

AIM and Hedge Funds