Managers of Wealth Offshore

MIB receives MVR 113 million in profit in Q1

MIB said the continued rise in deposits reflects customers' trust in the bank

Cayman Islands government pushes towards outcome-based budgeting

The ministry has set a target of presenting the first fully outcome-based budget for the 2028/2029 financial year.

Empathic leadership a “double-edged sword” for managers

Employees are more likely to collaborate, innovate and go beyond formal responsibilities in supportive environments.

The evolution of the Private Investment Fund regime

Regulatory requirements were also simplified.

Cayman’s economy continues to outperform region

The report cited Cayman’s non‑bank financial sector as another key economic driver.

Valaris posts $18m net loss

Revenue excluding reimbursable items fell to $430 million from $502 million in the previous quarter, largely due to fewer operating days across both its floater and jackup drilling fleets.

Everest prioritises profits over growth

The pattern is not unique to Everest.

New event aims to open insurance careers to young Caymanians

Parents and others involved in guiding young people’s career choices are also encouraged to attend the afternoon of discussions and networking.

Active Re COO says Barbados poised to lead as MGA domicile

Ali stressed the importance of MGA’s amid emerging risk trends, particularly digitalisation, AI and cyber.

JTC Law and JTC Group advise on Invesco Bond Income Plus secondary fundraise

JTC Law advised the BIPS board on Jersey legal matters and worked with the Jersey Financial Services Commission (JFSC) to align local regulatory requirements with the updated UK framework.

CI Co-op Board vote attracts record amount of candidates

Across both islands a record number of applicants have put their names forward for this year’s elections.

Guernsey structuring solutions for South Africans

Over time, conversations move away from “offshore for tax planning reasons” and towards order, resilience and continuity.

Axis net income rises by 33%

Axis Re continues to produce very solid underwriting profits

Cayman Islands firms dominate 2026 Hedge Fund Services Awards Europe

Citco runs its business through Citco Fund Administration (Cayman Islands) Limited and Citco Trustees (Cayman) Limited and remains one of the biggest fund administrators in the alternatives world.

Arch quarterly profit surges to $1b

The company generated $728 million in underwriting income, up 75 per cent from the prior year, while its combined ratio improved to 81.7 per cent from 90.1 per cent.

RenRe rebounds to strong first quarter

The property segment was the standout contributor

VinaCapital Vietnam Opportunity Fund Updates Share Buyback and Voting Rights

This latest buyback forms part of the company’s ongoing capital management

Fitch expects softening rates to hit island re/insurers’ results

The report notes that Arch’s financial performance and earnings score of “aa—” is better than that of its peers

Cayman set to boost hurricane insurance cover

Moreover, inflation in construction costs means that even replacing an old building will need more insurance cover now than it did a decade ago.

Banks jack up fees as profits climb

...BOJ pushing for ease of access

AIM and Hedge Funds