10/06/2023
Record 2023 cat bond activity forecast
“Importantly, we’ve seen some new risk and new sponsors as well, who are learning and could return in the future.”
AIM and Hedge Funds
10/05/2023
Bermuda market backs world development
Axis Capital, Sompo International, The Hartford, Swiss Re, HDI Global Specialty, Allianz Trade, and Scor are joining the programme for the first time.
10/05/2023
Apex Group completes acquisition of MJ Hudson
Apex Group successfully closes acquisition of MJ Hudson business units in Ireland, Luxembourg and Channel Islands.
10/04/2023
BOV ATM installed at St Vincent de Paul
Collaboration between bank and facility to also benefit employees
10/04/2023
Convex partners with Skyrisks in emerging market
Convex is also a capacity partner for the MGA.
10/04/2023
Canopius enters into strategic partnership with insurance infrastructure company
“Traditionally, building and scaling an MGA, or even just a new insurance programme, would take multiple years and millions in capital,” the Boost statement said.
10/03/2023
Abir celebrates 30 years of success
Burt reflected on “the collective spirit, innovation and collaboration that makes Bermuda’s insurance industry second to none”.
10/03/2023
Groundbreaking risk transfer mechanism to transform disaster response launched with Guernsey support
Paul Hodgson, his team and Tom Lees from Butterfield Guernsey also provided support around a trust structure.
10/03/2023
Alternative fund managers are most influenced by ESG when making fund investment decisions
Its study found almost all (98%) alternative asset managers agree that it will become harder to launch new funds unless they have a strong ESG focus.
10/02/2023
Aegon clears first hurdle for move to Bermuda
That was necessary because Dutch law does not facilitate a direct transfer of a legal domicile to a country outside of the European Economic Area.
10/02/2023
Ascot Bermuda expected to drive growth for parent company
“Both are integrated fully within the group’s operations and management with Ascot US supported by a net worth maintenance agreement.”
10/02/2023
American Overseas produces $1.2 million turnaround
The strong second quarter followed a doubling of net income in the first quarter.
09/29/2023
IQ-EQ shortlisted in Private Equity Wire and Hedgeweek European Emerging Manager Awards 2023
The awards ceremonies take place in London on 8 and 9 November respectively.
09/29/2023
Nascent Group merges with Bermuda Compliance Consultants Ltd
Mr Perez said Ms Morrison shared the Nascent Group’s philosophy of innovation, teamwork and responsive customer service.
09/29/2023
How Alderney expects to turn £500,000 deficit into surplus next year
Alderney has also committed to a contribution of up to £3.5m to the costs of the airport regeneration project
09/29/2023
Jersey Finance Hosts Event to Help Islanders ‘Reconnect’ with Careers in Finance
There will be an opportunity for questions, and breakout areas for one-to-one discussions with members of the industry who have diverse roles and backgrounds.
09/29/2023
R&Q suffers $53 million loss on jump in adverse developments
For the group, gross premiums written rose to $1.09 billion from $807.3 million and net premiums earned were $81.5 million compared to $33.5 million a year earlier.
09/29/2023
Benefits of Jersey companies for UK & US listings
YouGov and CRH are among other UK firms reported in the business press to have been wavering between London and New York with high profile listings on LSE being at a premium since the heady days of 2021.
09/29/2023
Brookfield completes $13.3bn Triton acquisition
“Brookfield Infrastructure is an ideal partner for Triton’s next phase of growth.”
09/28/2023
AM Best upgrades Lombard International’s under review status
The ratings also apply to its subsidiaries.