Managers of Wealth Offshore

Hamilton sponsors new cat bond

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hamilton Select. The outlook of these Credit Ratings (ratings) is stable.

Planning for a stress-free retirement

Many start thinking of saving for this time when they are in their fifties

FirstCaribbean to inject $4 billion into Jamaican subsidiary

FCIB (Jamaica) Limited only accounted for 7.81 per cent of FCIB’s US$858.44-million consolidated revenue

Providing investors with an attractive and stable dividend income stream

Marlene Mizzi, Chairperson, Malita Investments plc outlines the company’s proposed investment opportunity

North End Re could face volatility from new business

Best said: “North End’s risk-adjusted capitalisation is considered favourable, as measured by Best’s Capital Adequacy Ratio.

Bermuda veterans launch new E&S insurer Dellwood with SME focus

The new US excess and surplus lines (E&S) insurance holding will focus exclusively on wholesale brokers and emphasising small and middle enterprise (SME) risks.

IQUW eyes continued growth in hard cat reinsurance book

Throughout the renewal, lower layers were more challenging to place than upper layers, as reinsurers are still wary of attritional perils and climate change.

IGI records higher profits for fiscal 2023

Return on average equity was 24.8 per cent for the full year of 2023 compared with 22.5 per cent for the full year of 2022.

PwC expects active insurance dealmaking in 2024

PwC said the challenging market environment creates a strong headwind for market participants to consider M&A transactions.

Replicating a British ISA in Malta

Exposure to such shares could be ideal for the large majority of retail investors

Macquarie forms Bermuda long-term re/insurer

The Bermuda Monetary Authority said it also licensed four special purpose insurers and one collateralised insurer.

Record results at Canopius: Bermuda and other territories all see growth

Despite this, it said, it recorded the strongest underwriting result in its history, which combined with solid investment returns.

WiRe names Scotland Courcy Woman of the Year

Scotland Courcy paid homage to her legacy as a woman of the African Diaspora

Empowering retail investors across the EU

The Retail Investment Strategy Package creates a more inclusive, transparent, and secure investment environment for retail investors

MSE Trading Report for week ending March 8, 2024

MSE Index closes off a negative week

Praxis launches The Full 24 in support of International Women's Day

With over 400 years of professional experience between them, the 24 volunteers will be donating their time as part of Praxis’ annual volunteer hours policy.

Bermuda’s Paysafe reports record revenue in 2023 fiscal year

In the fourth quarter of 2023, Paysafe reported revenue of $414.5 million

APS Bank posts strong all-round growth

Profits top a record €30 million

Hamilton rides investments to turn $126m profit after IPO

For the year, the company turned an underwriting profit of $129.8 million compared to a loss of $31.7 million in 2022.

MIA dividends at all-time high

Company record total dividend of €0.15 per share recommended for 2023; share price still 25% below pre-COVID record high

AIM and Hedge Funds