Managers of Wealth Offshore

Argo Group: Q3 Earnings Snapshot

Argo Group shares have dropped 58% since the beginning of the year. In the final minutes of trading on Monday, shares hit $24.47, a fall of 59% in the last 12 months.

IWIRC Channel Islands Network launched

Sarah and Helena commented: "Having attended IWIRC events in other jurisdictions, we have seen the benefits of its work in connecting women working in insolvency and restructuring, and the hallmark of quality that IWIRC represents.

Grenada records significant revenue from CBI programme

This occurred during the first nine months of 2022

ALBA Bank to set up Representative Office in St Vincent

Gonsalves stated that the percentage of total loans for projects in St. Vincent, whether by the government or other entities, exceeds that of any other country

Jersey’s Information Commissioner to serve on international Global Privacy Assembly

The announcement that Commissioner Vane has accepted the invitation to serve was made at the GPA Annual Meeting 2022

Enstar posts Q3 net loss of $444mn

Enstar said ROE was impacted by $395 million of net unrealised losses arising primarily from interest-rate increases on fixed-maturity portfolios that are classified as trading

ZEDRA confirms acquisition of Curaçao and US based Atlas Fund Services

ZEDRA has an established presence in the fund services industry

SiriusPoint posts Q3 loss of $98mn

SiriusPoint has announced that it is restructuring its underwriting platform and will be making changes to the structure and composition of its international branch network.

Resilience and adaptation: preparing for COP27

COP26 saw the signing of a formal partnership between the IDF and the V20 Group of Ministers of Finance

Enstar declares Q3 loss of $444m

Enstar said ROE was impacted by $395 million of net unrealised losses arising primarily from interest-rate increases on fixed-maturity portfolios that are classified as trading, combined with $151 million of net unrealised losses in Enstar's non-core

IoD Jersey launches their internship scheme

The scheme will now be open to all year 11 students and above in the Island.

HSCM-backed insurtech Kin secures credit facility

The remaining funds will be available to Kin in two tranches as the company reaches certain agreed-upon milestones. Armentum Partners was the financial advisor to Kin for the debt transaction.

Apex Group closes latest New Zealand acquisition

Following Apex Group's entry into the New Zealand market with the recent addition of MMC, the acquisitions of IIS and InvestNow further expand Apex Group’s presence in New Zealand and Australia to over 500 employees.

First Trading Update for the year ending 30 june 2023

The overall environment has remained challenging for investment and long-term savings plans.

EY publishes 2022 Global Climate Risk Barometer

The Barometer scores companies on the number of recommended disclosures they make (coverage) and the extent or detail of each disclosure (quality).

Athora secures €2bn of additional permanent equity capital

The capital raise has been conducted as a private placement of common equity securities

States' spending in 2023 could go above £48m budget increase

"For example, each 1% overspend on the Committee for Health & Social Care’s budget would cost just over £2million."

Skipton Announces Interim Results

In a first for the bank, a range of US Dollar savings accounts have been introduced during the past quarter, thus increasing the opportunities for savings customers.

Bermuda’s life reinsurance reaches $539bn in 2021

In its report, “US Life Insurers’ Bermuda Reinsurance Exposure”, Alirt calculates that total L&A reserves ceded to Bermuda companies rose from more than $424 billion in 2020 to nearly $539 billion in 2021.

A different type of CEO

It’s her heart for human resources though that is perhaps her calling card: she knows talent when she sees it and, crucially, how to make space for it to grow.

AIM and Hedge Funds