Managers of Wealth Offshore

Navigating the turbulent housing market

Our dedicated Island-based team understands the local market and challenges Jersey house buyers face. As such, we wanted to take this opportunity to lay out some of the ways in which we can help.

Insurers face a long road to innovation

Companies that had invested significantly in innovation infrastructure before the pandemic were a leg up in resources and improved capabilities.

Crestbridge's Luxembourg office moves to new premises on Avenue J.F. Kennedy

Crestbridge established a presence in Luxembourg 12 years ago, during which time it has grown its service proposition significantly in line with the jurisdiction's own exponential growth.

Fidelis looks to list on NYSE

Fidelis intends to use the proceeds from the IPO to make capital contributions to its operating insurance subsidiaries in order to grow our business.

PwC Malta releases the fourth edition of property barometer

One key trend observed during the fourth run is that there was a shift in demand for property sales to rentals.

SiriusPoint will ‘carefully evaluate’ Third Point bid

The move comes less than three years after Loeb merged his reinsurance business, Third Point Re, with then rival Sirius International Insurance Group.

Apex Group improves its holdings in Channel Islands

MJ Hudson’s Channel Islands fiduciary and fund administration businesses, as well as its investor relations and marketing solutions business units, will extend Apex Group’s global financial services offering.

Resolute, Gallagher/KCC unveil contract to solve trapped capital

This transaction, and its future applications, are enabled by KCC’s advanced catastrophe modelling technology.

Providence creditors asked to provide proof of debt

ISLANDERS who lost thousands, in some cases their life savings, in Guernsey-based Providence companies could be moving a step closer to getting some of their cash back.

Canopius unveils partnership to target US Virgin Islands

Our new agreement with SFMI comes at the right time and will considerably drive Canopius’s expansion in the US Virgin Islands,” said Lisa Davis, chief executive US and Bermuda at Canopius.

FTI Consulting Extends Fund Administration Services to Include Mutual Funds in the Cayman Islands

The business utilizes market-leading software to streamline administration functions, and to ensure clear and accurate record-keeping and investor communications.

Arch acquires specialty insurtech platform

The entire Thimble team is looking forward to working with Arch and our existing carrier partners to grow the platform.

ARC offers back offices to Bermuda reinsurers

Arc is focusing on reinsurance, fintech, financial services, utilities, gas and energy and other emerging markets.

Bermuda's opportunity in climate finance

Kevin Richards is the managing director of BAM Tech Advisers and chairman of the Bermuda Innovation and Technology Association.

PartnerRe/Kettle back Amwins’ excess wildfire solution

The product has been developed with capacity from PartnerRe Insurance Solutions Bermuda while Kettle will provide key data analysis, modeling and pricing, matching markets with appetite.

Apex Group to acquire MJ Hudson businesses

MJ Hudson is a provider of services to the asset management industry, specialising in private markets and alternative investments.

JTC Reports Record Growth, Revenue and New Business in Annual Results

This rise in revenue was achieved through sustained demand for JTC’s services, evidenced by net organic growth rising to 12% and a record value of new business wins over the year of £24.6m.

Guernsey housing market activity slows as prices rise

Of these 14 sales, the median price (realty only) for the 11 Open Market houses sold was £2,437,500, up from the £1,160,250 recorded in 2022.

Assured Guaranty in strategic deal with investment manager

Sound Point will become the sole alternative credit manager for the Assured Guaranty US insurance subsidiaries.

Darag Bermuda renews agreement with Cayman captive

Joel Neal, executive vice-president, M&A, at Darag North America, added: “It’s a pleasure to renew this business with our Cayman-based partner.

AIM and Hedge Funds