Managers of Wealth Offshore

'Guernsey’s Place in the World’ to be Highlighted at Annual Finance Update

Attendees will have the opportunity to learn how Guernsey Finance supported the financial services industry in 2023,

Finalists announced for Citywealth Brand Management and Reputation Awards 2024

AI is also playing an increasingly important role within the wealth management industry.

American Overseas celebrates strong turnaround

Net written premiums rose to $7.99 million in the third quarter of 2023 compared to $4.84 million in the same period in 2022. Fee income rose to $4.19 million from $2.68 million.

Asia Pacific Wire records net profit of $1.1m

Revenues for the nine-month period were $294.2 million, a decrease of 5.3 per cent from $310.7 million for the same period in 2022.

Bermuda: Cat Bond Market Momentum to Persist After Year of Surprises

In 2023, catastrophe bond and related ILS issuance hit a new a high of more than $16 billion

KKR closes deal with Global Atlantic Financial

The $2.7 billion all-cash transaction was first announced in November.

Guernsey: an ideal domicile for continuation funds

Guernsey’s long-established independence has brought with it political stability and certainty.

Polygon Collective rebrands

The rebrand couldn’t have come at a better time too.

More than 700 captives could be based in UK, say London insurers

The LMG estimates economic value of £153 million could flow from new UK captives and it would also fill a critical gap in the UK’s specialist insurance market.

Secondary pensions rolled out in Guernsey

Deputy Peter Roffey, president of the Committee for Employment & Social Security, said secondary pensions were "of paramount importance".

Skipton offers two-years financial support to CAB

It’s trained advisers deal with around 12,000 queries each year on multiple subjects.

Inigo issues third cat bond

This issuance will bring our total amount of outstanding cat bond limit to $325 million.

Working with the Next Generation and the Changing Expectations of the Private Client Community

The first thing to be discussed was the importance of personalisation.

Athene holding company shifts to US from Bermuda

Fitch said Athene’s rating, its senior unsecured notes and its insurance operating affiliates were unaffected by the rating action.

Guy Carpenter: responsive January renewals market

The two companies estimate total dedicated reinsurance capital increased by 10 per cent compared with year-end 2022.

Ravenscroft picks up two WealthBriefing CI awards

The annual WealthBriefing Channel Islands Awards programme recognises the most innovative and exceptional firms, teams and individuals.

Property catastrophe rates rise by up to 30%, says Guy Carpenter

Dedicated capacity across the reinsurance sector rose by about 10% by the end of the year, the broker said in a December 28 report.

Beazley closes $140m 144A cyber catastrophe bond

Beazley has concentrated on cyber re/insurance in the conventional and alternative markets.

Reinsurance rates stable in January 1 renewals

The rebound in the ILS market was an important factor as competition increased for higher-attaching layers, which in turn encouraged new sponsors to enter the market.

2023 in review: March and April

The long-mooted boat was originally meant to be bought through the Guernsey Investment Fund (GIF) after Policy & Resources committed to plugging £5million into a new infrastructure cell.

AIM and Hedge Funds