Managers of Wealth Offshore

Markets tumble in Q3 as FED signals towards ‘higher for longer’ rates

Jesmond Mizzi Financial Advisors’ head of institutional clients Gabriel Mansueto gives an overview of the markets in the third quarter.

Sagicor rating affirmed following ivari purchase

The ratings of Sagicor Reinsurance Bermuda reflect its balance sheet strength

AM Best monitoring BF&M and Argus stock battle

AM Best also continues to monitor the status of the pending purchase of a minority stake in BF&M

Broadlands and CG Commercial announce merger

The merger is effective from 01/01/2024.

Guernsey International Insurance Management course proves successful

The qualification, which takes six months to complete, is newly certified and has been developed by Sagacious Group

Apex closes South African deal

Peter Hughes, founder and chief executive officer of the Apex Group, said: “We are pleased to welcome the BCI and BIP businesses and clients to Apex Group in South Africa.

Brookfield Re looking at UK annuity market, says Reuters

Brookfield invests assets originated by Brookfield Reinsurance in North America as part of the services agreement.

Alpha Innovations subsidiary links up with Down Range Capital

Down Range will leverage the AIGI team and infrastructure to further institutionalise their offering.

Insurance shock for EV motorists as premiums rise 150%

Cars being shipped to the UK for repair travel unaccompanied which significantly increases costs further.

Aspen partners with Ki Insurance

Under this agreement, Aspen will be partnering with Ki across open market classes of business in the property, casualty and specialty divisions.

Point of sale insurance expected to grow

Insurers may also need to create an entirely new set of alliances with non-financial services partners.

Howden launches Lloyd’s innovation hub

Insurance innovation expert Tom Hoad will lead the collaborative industry initiative

Majority of business body members back tax and borrowing plans

The full package involves a broad goods and services tax on most consumption, a cut to income tax on earnings up to £30,000

Public sector pension fund falls to 89% value

The proposal is one of many in an amendment - nicknamed the Fairer Alternative - to this week’s Funding and Investment Plan.

Hamilton moves to file for IPO on NYSE

Barclays and Morgan Stanley are acting as Joint Lead Bookrunning Managers for the proposed offering.

“We can no longer take our economic success, standard of living and quality of life for granted”

The analysis includes encouraging more women into work and incentivising working longer to counter the projected decline in the working age population by 2050.

Prosperity Life ratings unchanged after $1.9bn merger

The ratings agency said the financial strength rating of A- (Excellent) and the long-term issuer credit ratings of “a-” (Excellent) of Prosperity Life Group’s subsidiaries remain the same.

International payment flows must be better protected

Payments across national borders vital for European cooperation

Fiduchi partners with Prosper to introduce young talent to Financial Services Sector

This partnership comes as part of Fiduchi’s continued commitment to nurturing the next generation of financial services professionals.

Apex Group South Africa stake acquired by BBBEE consortium

Since 2007, Ditikeni has been the Apex Group’s BBBEE partner in South Africa, holding a stake in Apex’s South African business.

AIM and Hedge Funds