Managers of Wealth Offshore

Bermuda registers lowest number of new re/insurers since 2016

Three Class 3 insurers and two Class 3A insurers were also registered.

S&P upgrades ratings of Essent Group subsidiaries

S&P’s rationale in support of the ratings upgrade includes an improved view of Essent’s capital adequacy resulting from the implementation of S&P’s revised capital adequacy methodology

Insurance results better than expected for 2023

This was attributed to strong technical results, unrealised capital gains and higher investment rates.

2023: Review of the Guernsey property market

It is important to remember that, owing to the more limited stock, prices on the Open Market are subject to greater fluctuation than the local market

Everest Re forms unified global specialties business

Mr Taylor is a seasoned industry leader with more than 25 years’ experience across specialty business lines.

Apex Group completes acquisition of Retransform

The business serves more than 300 customers ranging from individual owner operators to some of the world’s biggest real estate asset, fund and property managers.

Compre acquires €200m in reserves in deals with Euro insurers

The identities of the international insurance groups were not disclosed.

Apex Group closes deal for Retransform

“Retransform’s industry leading solutions, plus Apex’s expertise, will be a compelling, and unique, offer for real estate funds as we go into 2024.”

Finance firms encouraged to celebrate future industry leaders through 2024 annual Rising Stars Awards

For the first time ever this year there will be an insurance category.

Small businesses encouraged to hire more part-time workers as NIB rate hike looms

For many years now, actuarial reports have warned that the NIB fund is depleting.

Positive feelings among CFOs

Finance leaders also expect price and wage pressures to soften over the next two years.

Carrick Group acquired by Irish-regulated Northlight

The company said Mrs Pateras and Mr Waring bring extensive industry experience to the board.

Banks trying to resolve ABM issues affecting customers - JBA

According to Mrs Tugwell Henry there should be an improvement in the service in the next few weeks.

'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.

AIM and Hedge Funds