02/02/2023
Resolution secures another $1 billion from Nippon Life
Blackstone will manage an initial target of up to $25 billion of Resolution Life’s existing private assets in the first year of the partnership.
AIM and Hedge Funds
02/02/2023
Strong finish for RenRe, but cat losses hit hard in 2022
In casualty & liability, RenRe will extend into more dislocated lines, especially where the war in Ukraine and geopolitical uncertainties have made lines appear dislocated, O’Donnell also said.
02/02/2023
RenRe weathers stormy year as fourth quarter beats estimates
“For the full year, we delivered a 6.3 per cent operating return despite a net negative impact of $807.6 million from catastrophe losses.”
02/01/2023
Nippon Life invests $1 billion in Resolution Life
Having invested $650 million so far, this additional $1 billion commitment from Nippon Life is expected to bring their cumulative investment to $1.65 billion.
02/01/2023
Everest Re expands into Spain
The Spain branch is headquartered in Madrid, with another office opening in Barcelona.
01/31/2023
Recruitment evening at Guernsey Institute
It will be held on Wednesday 8 February from 17:30 to 19:30 at Princess Royal Centre for Performing Arts.
01/31/2023
Gold award confirms resilience of Guernsey financial services
GUERNSEY has won Citywealth’s Gold Award for International Finance Centre of the Year.
01/31/2023
Republic Bank Announces East Caribbean PMAD Partnerships for 2023
It is done through collaboration with advocacy groups in the pursuit of building successful and sustainable societies.
01/30/2023
Local bank, hotels, law firms, government agencies among thousands of FTX creditors
The law firms of Clement Maynard and Co and Glinton Sweeting O’Brien also appeared on the list of FTX creditors.
01/30/2023
Legacy free Conduit Re grows premium base
“We see this as an enduring environment creating the opportunity for improved margins in our business across the rest of 2023 and beyond.”
01/27/2023
Axis results leave it well placed for the future, says CEO
It also improved its combined ratio, up 1.7 points to 95.8%.
01/27/2023
The Jersey property market: What's the outlook for 2023?
Interestingly, the purchase price of two-bedroom houses fell by £32,000 from that of the previous quarter, and the slightly higher bracket of four-bedroom houses remained on average unchanged at a mean sale price of £1,329,000.
01/27/2023
Skipton International announces eleven new positions
The ongoing expansion sees Skipton seeking Guernsey-based talented individuals who share the company ethos and values across Customer Operations, I.T., Finance, Mortgages, Sales and Commercial activities.
01/26/2023
Conduit Re parent sees “exceptional” start to 2023
“This has been an exceptional renewal season,” said Trevor Carvey, chief executive officer
01/25/2023
A strong year ahead for Bermuda, says Fitch
For the eight Bermuda-based re/insurers it follows, Fitch expects the 2022 combined ratio to be 93%-94%, an improvement on the 95.0% posted in the first nine months of 2022 and 95.9% in 2021.
01/25/2023
Nippon Life to Commit Further $1 Billion in Resolution Life, Following Strategic Partnership with Blackstone
Nippon Life believes that the strategic partnership between Resolution Life and Blackstone will accelerate the growth and development of Resolution Life.
01/24/2023
Monterey flags 58% rise in new business in Jersey Fund Report
Property/real estate funds rank second with $72.2bn and a total of 323 funds.
01/24/2023
Howden Tiger merges teams to strengthen facultative reinsurance offer
“Alongside our leading treaty, analytics and capital advisory business, the creation of Howden Tiger Fac is the next stage in our buildout following the launch of Howden Tiger SabRE,” said Richardson.
01/24/2023
Funding African Investments
One of the key selling points of the BVI as a jurisdiction is that it is utilised by, and familiar to, investors from all corners of the world, commented Kuria.
01/24/2023
Former Credit Suisse and Bladex Execs Announce ArtCap Strategies' First Private Credit Fund for Latin America and Caribbean
The Fund's strategy is to identify opportunistic situations and themes where its direct lending platform combined with structuring expertise results in attractive solutions for both borrowers and investors.