Managers of Wealth Offshore

Hiscox to launch directly-collateralised reinsurance offering

The newly branded ILS unit at Hiscox will continue to provide capacity to Hiscox Re and the reinsurer will remain the primary contact for reinsurance brokers and clients.

The Stock Exchange of Mauritius will be launching two new indices

The SEM-ASI will include the current constituents of SEMDEX but will also be comprised of foreign-currency denominated (USD, EURO, GBP and ZAR), GBC 1 and international companies.

Ipes supports OpCapita in the closing of €350 million Fund II

Over the past 10 years, OpCapita has invested more than €450 million in businesses in the UK, France, Germany and Spain.

Canada is key for Cayman captives

The Cayman Islands captive insurance industry continues to build its position within the Canadian market, according to IMAC.

Blockchain payments start-up SnapSwap now an electronic money institution

The latter combines a mobile messenger with cross-currency transactions using blockchain.

Philippines: Ayala exits BVI legal support firm Integreon

Financial details of all deals were not disclosed.

Bahamas Govt Given Road Map To $2bn Pension Cuts

The Christie administration has been presented with two options, which it has yet to enact, to address the growing multi-million dollar public sector pensions deficit by KPMG.

PRAXISIFM acquires Swiss-based fiduciary and accounting company

PraxisIFM has been looking to develop the Middle East market

Why there will be more ‘for sale’ signs over insurance

Phoenix does not generate new business and its growth is dependent on its access to closed funds that were originally sold as policies to the public.

M&A firm Phoenix to shut down Cayman holding company

Life company consolidator Phoenix Group plans to close its Cayman Islands holding company and set up a new operation in the UK.

CDB, French agency in deal for Caribbean climate change funds

Caribbean countries are particularly vulnerable to the impacts of climate change, with our geographical location leading to high exposure to natural hazards.

The sands of opportunity

Listed on the London Stock Exchange’s Alternative Investment Market (AIM) Sierra Rutile has significant mineral sands mining operations in Sierra Leone

Construction on Baha Mar to resume

Christie, who called Monday "a great day for Bahamians" didn't say who the hotel operator will be or how much Export-Import Bank of China will have to spend to finish the site.

Investors set to increase allocation to private debt

Private debt market will grow according to Elian

JAMAICA: Sterling Investments Profits Despite Brexit

The company benefited from improvements in global bond prices during the first half of the financial year, despite the decline in asset prices around the time of the vote by Britons to leave the European Union.

Maldives spearheads growth of Islamic finance in South Asia

The share of Shariah-compliant financial assets were already at around 5% of total assets by the end of last year, and increasing.

Jamaica Buys Back Two Global Bonds Amid New Debt Issue

The Jamaican economy expanded by 0.8 per cent in 2015 and 0.4 per cent in 2014, the prospectus stated.

Keynote speaker announced for Guernsey Insurance Forum

Mr Wheatley said the event will appeal to reinsurance professionals, captive managers, insurance companies, actuaries, lawyers, accountants and risk managers.

Icelandic advisory firm gains FCA authorisation

Said it had long sought to expand its business in the UK.

Channel Islands Securities Exchange Takes Steps To Welcome More Islamic Finance

The Exchange is already home to a number of debt securities and investment vehicles which are Islamic finance structures.

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