Managers of Wealth Offshore

Heritage acquires 40% stake in Aro Underwriting

Guernsey’s Heritage Group has acquired a 40 per cent stake in Aro Underwriting Group a specialist insurance schemes managing general agent

Isle of Man: used global superyacht medical cover: Moore Stephens Teams with RSA

Game changing used medical insurance with global unlimited cover for the world’s superyacht crew has been released by Moore Stephens.

Bahamas Focuses on Competitive Insurance Market

The Bahamas Financial Services Board recently hosted a half-day Insurance Industry Briefing, in collaboration with the Insurance Commission of The Bahamas, the Ministry of Financial Services and the Insurance Institute of The Bahamas.

Cayman Islands: Why WaterColours leads property market upswing

As we reported last month, statistics show that the Cayman Islands property market is being driven to a considerable extent by the movement of luxury condominiums along the highly prized Seven Mile Beach corridor.

NCB Group wins regional investment award

Cayman construction firm NCB Group has won the 2014 Local Investor of the Year and the Caribbean Regional Investor of the Year awards.

Bitcoin Fund Manager Faces HSBC Account Closure

The firm said it received a notice from HSBC indicating that the company's bank account would be closed in 60 days.

A.M. Best Affirms Ratings of Bahamas First General Insurance Company Limited and Cayman First Insurance Company Limited

A.M. Best has affirmed the financial strength rating of A and the issuer credit ratings of “a-” of Bahamas First General Insurance Company Limited and Cayman First Insurance Company Limited

RICS to host Property and Construction conference in Cayman

Registration is now open for the RICS Cayman Islands Property and Construction Conference that will be held on the 5 March 2015, at the Grand Cayman Marriott Beach Resort.

Lloyds to sell Isle of Man offshore investment arm

Lloyds Banking Group’s insurance arm Scottish Widows has put its offshore investment and tax planning business up for sale in the latest sign that dealmaking in the sector is heating up.

New MFSA licence for Heritage’s Malta business

Heritage International Fund Services Malta Limited has been licensed by the Malta Financial Services Authority (MFSA) to provide depositary services compliant with the Alternative Investment Fund Managers Directive (AIFMD).

Brevan Howard Said to Close Commodity Hedge Fund After Losses

Brevan, based in St. Helier on the island of Jersey, was started by Alan Howard in 2002

Scottish Widows eyes sale of offshore investment business

Scottish Widows is considering the sale of offshore investment and tax planning business Clerical Medical International,

Jersey Insurance Business Transfer Schemes

According to a report earlier this year published by Grant Thornton improved macroeconomic conditions in developed countries, allied to the availability of attractive financing options is having a positive effect on firms' appetite to re-enter the M

Bailiwick Investments acquires ASG Group

Bailiwick Investments has bought Guernsey-based aviation company ASG Group.

Malta has been coveted with Europe's Most Favoured Domicile award

The European Fund of Hedge Funds Awards remains the only signature event held exclusively for the European fund of hedge fund sector and as such continues to attract the top names from the industry.

Deutsche agrees Bahamas port financing

Deutsche Bank has announced a €135mn loan agreement, financing a contract between Damen Shipyards and the government of the Bahamas for a fleet renewal and port facilities enhancement programme.

Fund numbers in the British Virgin Islands remain steady

Fund numbers in the British Virgin Islands (“BVI”) remain steady in 2014 with 53 mutual fund licenses having been granted during the first half of 2014 according to statistics released by the BVI Financial Services Commission.

Caribbean Association of Banks holds annual meeting in Grenada

Pinder called for the industry to be creative when developing solutions and to be actively supportive of necessary public/private partnerships.

States of Guernsey to issue bond

The Treasury and Resources Department at the States of Guernsey has progressed preparations for the issuance of an inaugural States of Guernsey Bond. The States of Guernsey through its bookrunners Barcla

RenaissanceRe Rolls Up Platinum Underwriters for $1.9 Billion

The deal values Platinum at $76 a share, 24 percent more than its closing price on Nov. 21, RenaissanceRe said in a statement today.

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