Managers of Wealth Offshore

Flagstone International expands into captive insurance market

The platform allows trusts, funds, companies, and high net worth individuals to manage their cash deposits across multiple banks and jurisdictions using a single account.

Sure secures VMware Premier Partner status with Broadcom

Sure has been granted Premier Tier Partner status for VMware by Broadcom in the Channel Islands and the Isle of Man.

Managing change – and other challenges

Avoid a top-down approach when bringing in change.

Everest Insurance reorganizes US retail business

Craig Hanrahan, regional executive, US Northeastern Region, who joins Everest from Chubb, where he was executive vice president, Major Accounts.

“Spirit of collaboration” between Alderney business and government

It's agreed to make the forum a regular occurrence, with the main action points from the inaugural meeting focusing on the hospitality sector.

Third Point launches Malibu Life Re, a hybrid life & annuity sidecar-like structure

Malibu Life Re will adopt a more traditional investment policy

Affinity Private Wealth and Highlands College join forces to sponsor Carbon Literacy Courses

This collaboration aims to foster sustainability, corporate citizenship, and environmental awareness across all sectors in Jersey.

SiriusPoint records drop in net income

The specialty re/insurer noted that it recorded a sixth consecutive profitable quarter with net income of $95 million compared to $136 million.

BDO Jersey Receives Lions Swimarathon Corporate Trophy

This esteemed accolade is a testament to our unwavering dedication to community engagement and our ongoing efforts to make a positive impact in the lives of those around us.

BermudAir raises capital through fintech deal

The transaction was executed via Obligate, the on-chain capital markets platform, in partnership with global digital assets and cryptofinance firm XBTO Group.

AM Best Upgrades Financial Strength Rating of Hamilton Re, Ltd. and Hamilton Insurance Designated Activity Company to “A” (Excellent)

The outlook for these Credit Ratings has been revised to stable from positive.

Lancashire insurance revenue jumps by almost 25%

Lancashire chief executive officer Alex Maloney said: “Lancashire has had a very strong start to 2024, reporting a record quarter.

Brookfield Re set to close AEL purchase

The offer of $55 per share represented a 35% premium to AEL’s closing price on June 23, 2023.

MS Reinsurance ratings upgraded

S&P raised the company’s financial strength rating to A+ from A, and affirmed its A issuer credit rating.

Reinsurance drives Arch to $1bn quarterly profit

Arch reported favourable development in prior year loss reserves of $126 million.

Guernsey MoneyVal draft report a few months away

Mr Prow said: "The onsite evaluation has been a very intense phase of the overall MoneyVal assessment.

Aspen suffers drop in net income

The Bermuda-based re/insurer said gross written premiums rose from $1.05 billion to $1.23 billion and net earned premiums rose to $666 million from $641 million.

HSBC Bank Malta makes €39.3m profit in three months

A profit growth of 48% over the same period last year

GDA's plans for Guernsey shared at latest Commercial Property Lunch

Between them Simon and Peter have an incredible amount of experience.

Argo Group ratings affirmed

The ratings agency said the underwriting revisions had “tempered premiums written”, but should lead to a return to profitability and ensure future capital growth.

AIM and Hedge Funds