Managers of Wealth Offshore

Guernsey celebrates a century of captive insurance

This is a truly remarkable landmark for what is possibly the oldest captive jurisdiction in the world

Jersey publishes inflation figures

The rate of inflation in Jersey over the 12 months to September 2022, as measured by RPI, was 1.6pp higher than the UK Consumer Prices Index including owner occupiers' housing costs (CPIH), which is the broadly comparable headline rate of inflation f

How Cayman fund investors may redeem from entities with frozen assets

In addition, these investment funds may pay out disbursements to cover basic needs, including fees of service providers.

AM Best affirms Everen’s financial strength rating

The ratings reflect Everen Specialty’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.

AXIS sees $212mn loss from weather events

AXIS says its net loss estimate for Hurricane Ian is consistent with industry insured losses of approximately $60 billion, excluding the National Flood Insurance Program.

Bahamas Business Retailers upset at new price control measures

They said the changes do not represent 38 items, but 38 categories of items, and will result in 40 to 60 percent of their sales volumes falling under price control.

Rising Stars Awards 2022 Winners: Podcast Mini-Series

This year, over 150 young professionals were nominated for the Awards

IQ-EQ shortlisted in the PICCASO Privacy Awards 2022

IQ-EQ has established a strong and effective Privacy and Data Protection team over the past year and achieved tangible results

RenRe sees $650mn hit on Q3 results

RenRe expects to report a net loss attributable to common shareholders for both the third quarter of 2022 and nine months ended September 30, 2022.

New insurers for the year rise to 56

Registrations for 2022 are running ahead of 2021 when 52 registrants had been admitted over the same period.

Everest Insurance continues global expansion

The newly established branches are led by Anne Charon, head of France, and Bernd Wiemann, head of Germany.

Fairway to partner with LemonEdge to support front-to-back Funds operations

We are delighted that we have partnered with LemonEdge

Belize Bank extends core banking partnership with Finastra

“Fusion Essence provides that platform; it enables us to launch products rapidly into the market.”

Athene awards seven 2022 scholarships

Natasha Scotland Courcy, SVP, chief operating officer and general counsel for ALRe said: “Celebrating our scholarship recipients is always an exciting time for Athene."

TISE grants employees special cost of living payment

The one-off exceptional payment is not in lieu of any other salary or bonus payments and will be subject to standard tax and social security deductions.

IMF predicts declining economic growth for SKN

The tourism sector is often described as the ‘bread and butter’ of the Federation and any shock would hamper economic growth.

Skipton shortlisted for UK Awards

Moneyfacts.co.uk is an entirely independent money comparison platform, authorised by the Financial Conduct Authority for mortgage, credit and insurance products.

Apex Foundation launches to empower environmental, economic and social change

The Apex Foundation will enable Apex Group and its employees to deliver impact in line with its purpose of ‘driving positive change’ through supporting the raising and distribution of funds to meaningful causes.

Resolution Life and Blackstone in bold move forward

Resolution Life and Blackstone plan to raise $3 billion of new equity capital commitments -- including a $500 million strategic investment from Blackstone -- bringing the company’s overall equity capital base to more than $8 billion.

Apex Group appointed by Herakles Investment Partners

This announcement follows the recent expansion of Apex Group’s pioneering ESG Ratings & Advisory Services

AIM and Hedge Funds