Managers of Wealth Offshore

Jersey and UK Relationship Vital to Private Equity Sector

Jersey has been at the forefront of the global funds industry for more than 60 years.

Multiple crosswinds superseded global Initial Public Offerings despite market rally in 2023

Despite a strong market rally and low volatility index on the back of positive economic data, public offerings have remained subdued in many developed markets

Rachel Sawden a double winner at Rego agent awards

Ben Rego, the agent manager, added: “I am especially proud of these agents who have consistently gone above and beyond to serve their clients.”

SiriusPoint 'well insulated' from troubled shareholder

AM Best has given SiriusPoint a Financial Strength Rating of A- (Excellent).

Locational International Banking Statistics and Investment Business Class B and QSMA returns will be completed on myJFSC

This new process will simplify and speed up the submissions process for users.

Axis secures specialty A&H deal

“Our goal is to provide products and access to services that make a meaningful difference to these groups.”

MSE trading report for week ending December 15, 2023

MGS Total Return Index gains further momentum

Best affirms excellent Starr ratings

AM Best said the operations of SIG and SIRL support a business profile that is well-diversified internationally and by product exposures.

European reinsurance rates up as renewals get underway

Terms and conditions, most notably 2023’s heightened retentions, are apparently holding at levels set last year, Wells said of its take.

Lancashire outlook upgraded to stable

Lancashire is a specialty underwriter with a good degree of geographic and product line diversification

Captives perform better on ESG metrics: BMA report

The report also noted that early industry studies showed "a positive correlation" between captive owners and ESG solutions and scores (particularly on social and governance aspects) compared to non-captive owners.

Somers Ltd records net loss for year

“Going forward, we believe that we, and our investee companies, are well placed to take advantage of increasing opportunities in the financial services sector.”

Bermuda’s insurance industry dominates financial landscape with over $1.6 trillion in assets

Within this category, long-term debt securities accounted for 78.2% (US$652.4 billion), showcasing a robust upward trend over the years.

Financial analysis: Year-end rally for Malta government stocks

Attention shifts to central banks this week with their final policy decisions of the year

Creating diversity and change in private capital markets

ESG risk is often priced into lending/investment.

Insurance course could be career stepping stone

Abir president and chief executive John Huff said Abir sponsorship of this course is an important part of its members’ commitment to building a diverse and inclusive workforce.

SiriusPoint teams up with Nirvana Insurance

By collecting billions of data points from sensors and internet-of-things devices within trucks, Nirvana tailors its rates to individual fleets.

Arch subsidiary in cyberinsurance partnership

Cyber underwriter Arch Insurance’s partnership is with Upfort, a cybersecurity and insurance platform.

Bermuda reinsurance market forecasts stability in property, tightening in casualty for 2024: KBW

While there is some divergence in views on January 1 property catastrophe rates, the consensus points towards a steady market.

Vistra acquires Kroll Luxembourg manco

Kroll ManCo will be rebranded to Vistra at a later date.

AIM and Hedge Funds