Managers of Wealth Offshore

RenRe rides hard market to $459m Q2 profit

Going forward, our consistent strategy and strong execution will enable our excellent performance to persist

Martello Re adds $1.3bn to capital and credit facility

The company said it would use the capital to continue to support the company's two existing cedants as a strategic reinsurance partner

Banyan Risk and PartnerRe team up

PartnerRe will provide capacity and shareholder support for new Bermuda-based subsidiary Banyan Excess Liability Ltd

Financial services sector contributing 97% to Malta’s Foreign Direct Investment

Finance Malta has reinforced its message to promote Malta’s standing as a trusted and reputable financial jurisdiction

Brookfield Re to change name

Brookfield Re has become a leading Bermuda life and property and casualty re/insurer

Everest Group transforms alternative capital business

We are seeing strong and growing interest from institutional investors in our capital-efficient

Zurich IAM expands to Liechtenstein with new branch

G7nesis opened the office at the start of July.

RenaissanceRe-backed broker holds IPO

The offering of 11 million shares priced at $17 a share above its $14 to $16 a share range.

IQ-EQ report finds ongoing efforts needed to achieve greater gender balance in asset management

With just 23 per cent of all investing roles held by women at private equity firms globally, the report encourages the wider industry to commit to bringing greater gender inclusion and equity to the sector.

Jersey Funds Association cites opportunities for industry in challenging landscape

More than 400 people from across the industry, including lawyers, fund administrators, fund managers, compliance experts and accountants as well as politicians and regulatory representatives

KPMG sets up global healthcare centre of excellence in Bermuda

The team will also facilitate networking between island healthcare stakeholders and provide seamless access to KPMG’s global healthcare network.

Carey Olsen partner Ben morgan meets HM King Charles III in Guernsey

The meeting, organised by Guernsey Finance, brought together sustainable finance experts to discuss the island’s pioneering Guernsey Green Fund and Nature Capital Fund.

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?

AIM and Hedge Funds