10/06/2022
Former chair of Island’s Ann Street Brewery dies aged 86
‘It was such a great place to work where you trusted the people you worked for, had pride in what you did, enjoyed your work and the people you worked with.
AIM and Hedge Funds
10/06/2022
Everest Honored with Top Inside P&C Honors Including Hybrid Insurer of the Year
Everest was also presented with Inside P&C Honors’ Diversity & Inclusion Award
10/06/2022
Mosaic launches global environmental liability unit
The new division offers a lead market on environmental liability coverage, along with syndicated capacity from trade partners, with initial maximum capacity of $25 million.
10/05/2022
Channel Eye to partner with WellBeing World
Wellbeing has never been so all-encompassing and vitally important to our lives and livelihoods.
10/04/2022
Sure acquires Airtel-Vodafone
The merger will trigger an investment programme in the islands’ mobile networks, with up to £48m invested in a mobile network that will include 5G services.
10/04/2022
Islands Insurance acquires Hepburns in Jersey and Guernsey
Following regulatory approval, Islands has acquired the Guernsey and Jersey Hepburns businesses to form a significant insurance broking group that will be well placed to deliver the long-term strategic objectives of both businesses.
10/04/2022
Apex Group launches new DEI Solution for Private Markets
This announcement is part of Apex Group’s Impact Month and follows the recent launch of Apex Group’s pioneering Impact Positive and EU Taxonomy Solutions.
10/04/2022
TrustQuay secures Hg investment
The TrustQuay management team has said it will be business as usual while former majority owner, Silverfleet Capital, fully exits its position.
10/04/2022
Hurricane Ian may cost insurers $57bn
Approximately 1 percent of the total industry loss will come from the impacts of Ian’s South Carolina landfall, Verisk says.
09/30/2022
Business in brief: Calderwood, MUFG Investor Services, Grant Thornton, Collas Crill, Harneys
Governance firm Calderwood has been named ‘Best Offshore Governance Firm’ at the HFM US Services Awards 2022.
09/29/2022
New liability unit at Ascot Group
Professional service firms today are facing ever-evolving exposures set in a climate of escalating court settlements and increasing damages.
09/29/2022
‘Record overnight drop’ in choice of mortgage products
The fall was around double the previous record seen during the first coronavirus lockdown, Moneyfacts said.
09/29/2022
Aztec Group launches streamlined onboarding solution for clients and investors
Aztec Verify uses best-in-class technology to minimise the administrative burden, reducing manual processes and enabling us to streamline the entire process.
09/29/2022
CCRI and Mott MacDonald incentivise climate investors
Climate Policy Initiative (CPI) data that show total spending on climate finance during 2019-2020 reached $632 billion, with mitigation finance accounting for $571 billion compared to just $46 billion on adaptation and resilience.
09/29/2022
Ascot launches MPL unit
MPL will be offered as a standalone product on a primary and excess basis, and on a blended basis alongside Cyber Liability, Media Liability and Technology E&O offerings.
09/28/2022
New Partner at Gaudin and Co.
Nick Jewell has acquired Mrs Power’s shareholding and joined the business after a career with local Government, latterly as Head of Governance and Resource Management for Children, Young People, Education and Skills.
09/28/2022
AM Best affirms Ascot Bermuda’s FSR
Additionally, Ascot receives rating enhancement from its parent, CPP Investments, which is considered to be of superior financial strength and supportive of Ascot’s strategy.
09/27/2022
White Mountains joins funding of Pie Insurance
This round of financing is monumental in more ways than one,” said John Swigart, co-founder and chief executive officer of Pie.
09/27/2022
GFSC publishes Q2 investment statistics
Within the totals for Guernsey funds, Guernsey Green Funds held a total net asset value of £5.3bn at the end of the quarter.
09/26/2022
AM Best upgrades Ardellis Insurance’s FSR
These ratings reflect Ardellis’ balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM).