07/05/2023
Eiffel Re catastrophe bonds listed on BSX
A statement on the BSX said the series 2023-1 class a principal at-risk variable rate notes due on January 19, 2027 are valued at €150,000,000 or $163 million.
AIM and Hedge Funds
07/05/2023
Cork Gully expands Channel Islands footprint with new Guernsey and Jersey offices
The firm advises public and closed companies as well as investment funds in financial distress.
07/05/2023
US life insurer accepts Brookfield Re buyout
Brookfield Re said it expects to maintain AEL’s headquarters in Des Moines, Iowa
07/04/2023
SiriusPoint and Compre complete $1.3bn loss portfolio transfer
It demonstrates decisive and continuing execution against our strategic priorities of simplifying our business, reducing future volatility, and improving the profitability of our company.
07/04/2023
R&Q Insurance posts pre-tax operating loss of $33.3 million
The company said the result was impacted by $32 million of adverse development and the transition to a fee-based revenue model at R&Q Legacy.
07/04/2023
Maximising efficiency and profitability
The benefits of a Cloud Unified Commercial Environment (POS)
07/04/2023
'Strata' Property: What are they and how do they work?
In the Cayman Islands, a strata property refers to a specific type of ownership where the individual units within a larger building or development are owned by the buyer.
07/04/2023
Fidelis nets $90m from IPO
The shares closed at $13.81 yesterday. US stock markets are closed today for US Independence Day.
07/03/2023
Business support for Electricity Strategy
It also raised concerns about the issue of regulation and the role of Guernsey Electricity, and the need to deliver prompt progress and real opportunities for local businesses.
07/03/2023
Expansion heralds Skipton’s relocation to larger premises
The firm states that there is now room for more local employment for mortgage administration support, some of which is currently undertaken in the Guernsey office.
07/03/2023
How focused on sustainability are Guernsey businesses?
The survey looks to explore how important sustainability is to your business, why you care about environmental issues, what your business is currently doing regarding sustainability, among other questions.
07/03/2023
Hawksford analysis underlines UK appeal among internationally dynamic growth companies
All businesses considering expanding their operations internationally need to have an understanding of local practices and compliance.
07/03/2023
American Overseas profit doubles in first quarter
Gross written premiums rose by $25.8 million, from $108.1 million to $133.9 million.
06/30/2023
Fidelis IPO priced at $14, below estimates
The Company intends to use the net proceeds it receives from the offering to make capital contributions to its insurance operating subsidiaries
06/30/2023
Proxy advisory firm backs Liberty’s move to Bermuda
Liberty Global’s board of directors urges shareholders to vote for all of its proposals related to its change of incorporation.
06/30/2023
Stable rating for Bermuda reinsurer of Goldman Sachs
Moody’s said that at present Arrow Re's primary outstanding reinsurance exposures are to fixed index annuity and, to a declining degree, variable annuities.
06/29/2023
BPHL revenues affected by diminished economy
Profitability for the six months ended March 31, 2023 was $33,000, compared with $190,000 for the same period in 2022, a decrease of $157,000.
06/29/2023
APS Bank offers MDB SME Guarantee Scheme (SGS) business loan
The collaborative initiative aims to provide businesses with easier access to financing
06/29/2023
TISE & Shieldpay announce strategic partnership to transform private market transactions
Through this partnership, more businesses will have the opportunity to benefit from the efficiency and cost-effectiveness the integrated platform offers
06/29/2023
Citco opens new office in Guernsey
Aligning to this, our Guernsey operations have grown from strength to strength since the opening of our inaugural office nearly a decade ago