Managers of Wealth Offshore

BF&M’s 2024 profit dives to $13.9m

Operating expenses, excluding expenses relating to the combination with Argus Group, remained flat at $56.5 million, as opposed to the prior year’s $57.2 million.

Mapfre Middlesea registers higher profits, increases dividend

MSE Equity Price Index reversed a five-day losing streak rising by 0.33%

Alliance celebrates record-breaking performance in 2024

160 certificates and trophies were handed out to the top performing Sales and Lettings Property Advisors of 2024

Homes of Quality wins Frank Salt Real Estate ‘Branch of the Year 2024’

Frank Salt Real Estate reported substantial revenue growth across all divisions

Fortitude Re seals $4bn deal with Japanese insurer

This is the second such transaction between Fortitude Re and Taiyo Life, and marks Fortitude Re’s sixth reinsurance deal in Japan.

IQUW strengthens Bermuda platform with $1bn capital

The rating strengthens IQUW’s ability to write third-party property, speciality and casualty reinsurance from Bermuda, supported by group capital over $1 billion.

Investment basics: Cayman Islands mutual fund structures

Under the Act, a master fund is defined as a company, partnership or unit trust established in the Cayman Islands that issues equity interests

PartnerRe profit drops in 2024

PartnerRe’s 2023 result was also boosted by a one-off deferred tax asset related to the Bermuda Corporate Income Tax of $327 million.

The Changing Face of the Industry

For us as an industry, this is all vital as we look to nurture the next generation of leaders

BDA year-end report details more targeted, data-driven approach

The transition, according to the report, follows a structured three-phase plan.

Butterfield up on NYSE

Meanwhile, Butterfield Bank was up 8 cents (0.21 per cent) on the New York Stock Exchange to end the day at $38.56.

Mangrove Property Insurance approved to take on more business

Mangrove is one of the most recent of 11 new insurers entering the market since the historic legislative reforms.

Navigating venture capital fund administration

Venture capital is different to other investment classes.

Source Recruitment announces launch of sister agency

Spearheaded by HR professional Stephanie Brackley the businesses will operate individually but will offer a pan-island recruitment solution to clients operating in both jurisdictions.

What are secondary investments?

Participants in the secondary market may include institutional investors, funds-of-funds and specialised secondary market firms.

PartnerRe reports income of $1.44bn for 2024

In its latest financial statements for the full year, the firm also revealed positive operating results of $1.22 billion, and operating income return on equity of 14 per cent.

Money market report for the week ended March 14, 2025

Information on ECB monetary operations and the domestic Treasury bill market

LOM Financial reports strong 2024 earnings growth

Revenue growth in both the asset management and broking divisions, alongside gains on securities held, drove the increase.

Miami International Holdings Announces Offer to Acquire The International Stock Exchange

The recommended cash acquisition recognises the strength of the business

ILS market achieves record growth in 2024

The growth was fuelled by retained earnings and new capital inflows, with catastrophe bonds leading the expansion.

AIM and Hedge Funds