Managers of Wealth Offshore

AXIS Capital profit jumps 42%

"In the quarter, we delivered on our stated goals, producing an annualized operating ROE of 20%, record operating EPS of $2.93, and a combined ratio of 90.4%."

UK CFOs gear up for growth following the election

Corporate risk appetite saw its biggest rise in more than four years in this quarter’s survey

PartnerRe reports first-half results of 2024

Our investment portfolio also performed well, resulting in a 28 per cent growth in net investment income compared to the first half of 2023.

Palomar gets ratings upgrade

The combined ratio, based on GAAP reporting, was well below 90 in each of the last three years, improving the five-year average to the mid-80s, coupled with formidable return measures.

Legacy insurer Carrick buys Cayman health insurer

Established in 2019, Carrick has formed a non-life runoff business with operations in Bermuda, the United Kingdom and the US.

Legacy insurer Carrick buys Cayman health insurer

This type of transaction fits perfectly within Carrick’s strategy to provide solutions to the insurance market and expand global operations to include the Cayman Islands.

Growth forecast remains in the low two percent range says Central Bank Governor

Although the speed of growth has moderated since the completion of the recovery from the pandemic, activity remained slightly accelerated in comparison to the economy’s expected medium-term potential.

12 years of investment excellence: highlight in BOV's 50-year legacy

Testament to BOV’s dedication to excellence and innovation

Reinsurance and investments power Arch to $1.3bn profit

The Bermuda-based re/insurer also recorded favourable development in prior year loss reserves of $124 million.

SiriusPoint joins forces with marine MGA

“At SiriusPoint we want to work with experienced, ambitious MGAs, helping them to excel by understanding and identifying exactly the right type of support they need from us to reach their ambition.”

BOV reports profit before tax of €148.2 million for first half of 2024

An increase of 40.9% over same period last year

Investment returns drive Enstar to $126m profit

Total investment returns jumped to 5.2% compared to 3.0% in 2023 as a result of a slowdown in interest rate increases.

Securis, Twelve Capital to merge

Christoph Buerer, cofounder of Twelve Capital, will become president of the new partnership, while Etienne Schwartz will become CIO of Liquid Securities.

Pioneering business banking evolution in Malta

Proactive approach and unwavering commitment to clients

Celebrating 50 years of Bank of Valletta

Kenneth Farrugia, CEO, Bank of Valletta

Chubb reports second quarter net income of $2.23bn

Annualised return on equity was 14.7 per cent.

Twelve Capital and Securis agree to merge

The companies said the merger would allow them to retain their independence.

Majority of financial advisers and senior savings professionals within banks expect UK base rate cut in August

Despite this shift, savings professionals and advisers are largely split on their predictions. 14% are not expecting a cut at all in August or September.

Isle of Man's Capital International Group announces acquisition of Jersey investment firm

‘This represents a significant milestone in the group’s growth journey’

Pension providers react to plan for cap on fees

Earlier this month, the Premier announced in the House of Assembly that pension administration fees will be reduced and then capped.

AIM and Hedge Funds