Managers of Wealth Offshore

Aspen reports profit of $485m

For the full year 2023, Aspen Capital Markets generated $136 million in total fee income

Vistra unveils new purpose, brand and strategy following merger with Tricor

The announcement follows the completion in July 2023 of the merger between Vistra and Tricor Group

Team announces 2023 full year results

Group revenues increased by 151% from £2.1 million to £5.3 million

Choosing the right structure for your business

In a general partnership, partners have unlimited liability and are responsible for the debts and obligations of the partnership.

Katie Rose Recognised In 2024 DMJ Hot 100 List

The “Relationship Managers” category recognises those working within professional services with a reputation for supporting varied client portfolios and building trusted relationships.

Bermuda company wins award in Cayman Islands

The prize was for the company’s outstanding range of surface materials.

Investment firm hikes stake in Argus

Equilibria also agreed last October to a strategic partnership with Argus rival BF&M, which was subject to a bid by Argus to buy the stock of its single largest shareholder.

Fidelis Partnership to launch Lloyd’s syndicate

The Fidelis Partnership was spun off from Fidelis Insurance Group last year when the parent company was floated on the New York Stock Exchange.

$650m in cat bonds listed on Bermuda Stock Exchange

The bonds are broken down into $150,000 worth of Class A one-hurricane season bonds and $100,000 worth of Class AA three-year bonds.

Real GDP significantly lower than IMF estimates

In 2023, the total value of goods and services produced in the Bahamian economy was estimated at $14.3 billion in nominal prices, and $12.8 billion in real prices.”

BOV made €250m pre-tax profit in 2023, as bank notes rise in green loans

One-third of bank's loan portfolio was made of 'green loans' last year

Artex forms group captive for transportation

“The new group captive addresses a need for alternative risk solutions in the space.”

Money market report for the week ended March 22, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Why Jersey and Guernsey companies are a great choice for UK REITs

UK REITs have been a tried and tested channel for investment in UK real estate since their introduction in 2007

Why choose Guernsey? Special considerations for Australian promoters

But what are the reasons for this

Jersey NEDs Benefit From j-ned’s Officially Declared Trade Association Status

j-ned has experienced remarkable growth, currently with a membership of in excess of 200 individuals.

Skipton International announces strong results

Gross mortgage lending in 2023 was £375 million, with the bank continuing its support of expat and non-UK resident buy-to-let mortgages, a niche marketplace in which the bank excels.

Issue of fiscal deficit looms but greater signs of stability

Indeed, with inflation “as under control as we have seen it in the past two years”, Mr Brummette said there was “every indication” that rates could be lowered.

Citrus Re lists $100m in catastrophe bonds

The bonds are divided into $50 million Class A and Class B issues due in 2027.

BF&M vaults to $27m profit in 2023

This year’s results were driven by higher core investment income, increases in bond and equity values as well as an increase in ceded profit commissions.

AIM and Hedge Funds