Managers of Wealth Offshore

Groundbreaking private catastrophe bond launched in Guernsey

This new series 2024-1 private cat bond marks the first time a catastrophe bond has been issued using a Guernsey PCC structure.

Global Atlantic’s rating affirmed due to strong growth

AM Best assessed Global Atlantic’s balance sheet strength as very strong and noted its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Bermuda’s reinsurance sector a driver of dedicated capital jump

The estimate factors in a 10 per cent rise in traditional capital.

Building an action plan for retirement

Maximising your income often means eliminating any debt that you still currently have.

Competition increasing in life/annuity reinsurance

There has also been an increase in the amount of reinsurance ceded offshore, the report said. Bermuda is the leading offshore domicile for life/annuity reinsurance companies.

Premia Re's 'A' rating affirmed

Based on a strong pipeline and Premia’s consistent, conservative approach to the business, KBRA believes that Premia Re should be able to continue its track record of positive net financial results.

Nissan captive's rating affirmed

The neutral business profile considers NGRe’s strategic role as a captive insurer for its parent, Nissan Motor Co.

Incorporating in Cayman – special purpose acquisition companies (SPACs)

There is also the ability to tailor constitutional documents to suit applicable listing rules and regulations, and the ability to use different types of shares or warrants as required for particular SPACs.

Ensuring generational wealth and stability

Establishing a family plan

What real estate fund managers need to know about domiciling in the Channel Islands

These numbers are particularly remarkable considering The Islands have a population of fewer than 200,000 and span only about 120 square miles.

Body of Hiscox chairman recovered from yacht sinking

"His advice and support were immensely valuable to me, and he will be dearly missed."

Compre completes legacy transaction with Accelerant

Jeff Radke, CEO of Accelerant said: “As we work to replatform the insurance industry, this marks another important step in the development of our Risk Exchange.”

Hiscox chairman among missing after yacht sinks

Mr Bloomer is also the chairman of Morgan Stanley International bank.

Aegon narrows first half loss

The insurer said the decline in operating profit declined due to unfavourable mortality experience mainly related to US financial assets.

Membership of government pension scheme increases by 1,000 a year

But payment of pensions and lump sums has also shot up over the same period

Insurer warns elevated reinsurance rates likely to persist

These strong results, along with our ongoing efforts to manage expenses and accounts receivable, boosted the company’s earnings

Using asset finance to invest in and expand your business

The ongoing provision of asset finance is clearly playing a significant role in helping businesses to invest and grow, a trend we’re expecting to see more of in the Channel Islands.

BF&M first half income drops on reinsurance costs

It said the increase in net reinsurance expenses for property offset favourable but reduced net fair value surplus and favourable reserve release.

CC Global Balanced Income Fund retains top rank, delivers strong half 1 returns Sustaining the positive trend from the previous year

Following a challenging 2022 for global markets, the CC Global Balanced Income Fund bounced back with an impressive return of just over 10% in 2023.

Lockton Re, Ariel Re in link up

This will allow for better alignment of treaty analytics and visualisation features with reinsurer underwriting workflow management, producing new value for cedents.

AIM and Hedge Funds