Managers of Wealth Offshore

Bermuda’s Paysafe reports record revenue in 2023 fiscal year

In the fourth quarter of 2023, Paysafe reported revenue of $414.5 million

APS Bank posts strong all-round growth

Profits top a record €30 million

Hamilton rides investments to turn $126m profit after IPO

For the year, the company turned an underwriting profit of $129.8 million compared to a loss of $31.7 million in 2022.

MIA dividends at all-time high

Company record total dividend of €0.15 per share recommended for 2023; share price still 25% below pre-COVID record high

‘Our investment extends beyond sustainability alone’

Cazenove Capital has achieved the delicate balance of moving with the times while upholding the traditional values which are fundamental to maintaining and developing client relationships.

Lancashire to return ‘majority’ of 2023 profit to shareholders

The profit was driven by a 16.8% increase in gross written premium to $1.93 billion while insurance income increased 23.9% to $1.52 billion.

IQUW sees business rise 35% in 2023

The specialty and property re/insurer said its combined rating ratio was 80.9% in its third year in business.

Hiscox soars to record pre-tax profit

The company said its decision to deploy capital to its Bermuda Re & ILS subsidiary had paid off, as its pre-tax underwriting profit almost quintupled.

Juniper Re expands operations to Bermuda

Bermuda is a leader in the reinsurance industry and the largest supplier of catastrophe reinsurance to US insurers.

Why Guernsey and Jersey for private equity?

Entities can be structured in whatever way works best for the transaction.

Malta debt-repayment average of 80 days still one of EU’s highest

Malta’s average duration for debtors to settle their dues with suppliers was 80.41 days in 2023, a negligible change of 0.55 days compared to the previous year’s survey

Hawksford Completes Paradigm Governance Partners Acquisition

Hawksford announced that it had entered an agreement to acquire Paradigm in November 2023

Short-term rentals down seven percent in January

In contrast, the ADR for hotel comparable listings increased by 1.1 percent to $188.59,” the report states.

LOM profit soars for fiscal year

Management and advisory fees, which are 40 per cent of revenues, grew 8 per cent to $7.690 million.

IZI Finance plc announces half-yearly results

Group registers 61% year-on-year EBITDAR growth

Jersey Establishes Strong Financial Presence in South Africa

The annual conference, which we have proudly sponsored many times, aims to facilitate relationship-building amongst industry stakeholders and highlight the value private equity can bring to the region.

Unlocking investor confidence: the power of ILS valuations

Investment managers really depend on robust and frequent valuations to make sure everything's fair and equal for investors

Aegon narrows annual loss after redomiciling

Aegon said the second half of the year’s breakeven result saw its operating result offset but unrealised losses on the investment portfolio.

Navigating the skies post-pandemic: Top trends in aircraft financing and leasing in the Cayman Islands and Ireland

This speaks to the resiliency of the aviation industry, while acknowledging that this is a period of transition.

James River suffers $152.8m loss for quarter

The announcement came two days after James River announced it was selling its third-party casualty reinsurer JRG Reinsurance to Fleming Intermediate Holdings for $277 million.

AIM and Hedge Funds