Managers of Wealth Offshore

SWBC Re assigned A- rating

SWBC Re exhibits the strongest level of risk-adjusted capitalization

SiriusPoint creates E&S platform with NIP

Following this initial launch, NIP and SiriusPoint intend to apply their solutions across other NIP programs on a targeted basis, further elevating NIP’s product offering.

Market Watch: Stubborn inflation slows market rally

The increase was driven by higher accommodation costs, as well as prices for services such as healthcare and motor insurance.

Mixed movements across local equities amid thin trading volumes

Thin trading on Monday

Superior ratings assigned to Arch Group Re

The stable outlooks reflect AM Best’s expectation that Arch Group Re will assume profitable business from Arch inter company business

Hamilton sponsors new cat bond

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hamilton Select. The outlook of these Credit Ratings (ratings) is stable.

Planning for a stress-free retirement

Many start thinking of saving for this time when they are in their fifties

FirstCaribbean to inject $4 billion into Jamaican subsidiary

FCIB (Jamaica) Limited only accounted for 7.81 per cent of FCIB’s US$858.44-million consolidated revenue

Providing investors with an attractive and stable dividend income stream

Marlene Mizzi, Chairperson, Malita Investments plc outlines the company’s proposed investment opportunity

North End Re could face volatility from new business

Best said: “North End’s risk-adjusted capitalisation is considered favourable, as measured by Best’s Capital Adequacy Ratio.

Bermuda veterans launch new E&S insurer Dellwood with SME focus

The new US excess and surplus lines (E&S) insurance holding will focus exclusively on wholesale brokers and emphasising small and middle enterprise (SME) risks.

IQUW eyes continued growth in hard cat reinsurance book

Throughout the renewal, lower layers were more challenging to place than upper layers, as reinsurers are still wary of attritional perils and climate change.

IGI records higher profits for fiscal 2023

Return on average equity was 24.8 per cent for the full year of 2023 compared with 22.5 per cent for the full year of 2022.

PwC expects active insurance dealmaking in 2024

PwC said the challenging market environment creates a strong headwind for market participants to consider M&A transactions.

Replicating a British ISA in Malta

Exposure to such shares could be ideal for the large majority of retail investors

Macquarie forms Bermuda long-term re/insurer

The Bermuda Monetary Authority said it also licensed four special purpose insurers and one collateralised insurer.

Record results at Canopius: Bermuda and other territories all see growth

Despite this, it said, it recorded the strongest underwriting result in its history, which combined with solid investment returns.

WiRe names Scotland Courcy Woman of the Year

Scotland Courcy paid homage to her legacy as a woman of the African Diaspora

Empowering retail investors across the EU

The Retail Investment Strategy Package creates a more inclusive, transparent, and secure investment environment for retail investors

MSE Trading Report for week ending March 8, 2024

MSE Index closes off a negative week

AIM and Hedge Funds