Managers of Wealth Offshore

Bermuda Added To NAIC List Of Qualified Jurisdictions

The only other jurisdictions to be afforded such status are Germany, Switzerland and the United Kingdom.

Ex-Goldman’s Jim O’Neill to speak at Guernsey forum

Leading economist and creator of the ‘BRICs’ acronym Jim O’Neill will be the keynote speaker at this year’s Guernsey Funds Forum in London.

Jersey Innovation Fund has a positive start

The Jersey Innovation Fund Board was established in November 2013 and the fund was advertised as open for business shortly thereafter.

South African Fund Administrator Selects eFront Solution

Our commitment for high-quality client service prompted us to search for an innovative technology solution that meets the increasingly complex fund management and reporting requirements in the private equity administration space.

‘Bermuda leading the way in innovation in reinsurance’

A major insurance conference has been scheduled to help take advantage of the World Rugby Classic in November.

Bermuda-based Group Acquires CMG MI, PMI

Have nnounced that its U.S.-based subsidiaries have completed the acquisition of CMG Mortgage Insurance Company and the mortgage insurance operating platform of PMI Mortgage Insurance Co.

Jersey joins Berne copyright convention

Jersey has become a member of the Berne Convention, agreeing to recognise international copyright of artistic works.

Canada Life launches ‘flexible’ offshore product

The product allows trustees to choose when and how many policies will mature to suit clients

Canada Life enhances its offshore estate planning product offering

Dublin based Canada Life International Assurance has launched a new estate planning product – the Wealth Preservation Europe Account.

Why pension funds are finding Bermuda captivating

The BSX currently lists about one third of the global catastrophe bond market. In Bermuda, pension funds accounted for 14 per cent of all new CAT bonds issued in 2012 up from zero in 2007.

New Global Fund Administration Firm Formed

Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.

Sovereign launches ‘lite’ version of Malta scheme; hires Tailford

Sovereign said the product is flexible in terms of investment options “accepting most life company bonds together with other asset management products”.

Apex Fund Services opens Jersey office

Apex Fund Services has announced the opening of its Jersey office and expansion of its presence in the Channel Islands.

Societe Generale Securities Services Mandated by Ocean Dial Asset Management

Ocean Dial Asset Management Limited was established in London in 2005 and is regulated by the Financial Conduct Authority. The firm specialises in investing in India.

Isle of Man based structured product targets up to 15% returns

It is aimed at the investor, via financial advisers, seeking medium to long-term capital growth for a moderate level of risk and will limit exposure to no more than 10% for each underlying counterparty.

Guernsey welcomed 89 new international insurers in 2013

The most recent information from the GFSC shows that Guernsey’s international insurance industry had gross assets, net worth and premiums of £22.90 billion, £9.34 billion and £4.63 billion respectively in 2012.

Cayman funds ahead of the curve

After spending much of the year in consultation with the industry, CIMA’s near-term regulatory approach is becoming clearer.

New Ocean Capital Management Launches Two New Reinsurance Investment Strategies

Chris McKeown, Chief Executive Officer of New Ocean, commented "It is extremely gratifying to attract such sophisticated and industry-leading investors to our platform.

Guernsey's Concept Group launches two Gibraltar QROPS

The Concept Group‚ one of the largest QROPS providers anywhere until HM Revenue & Customs de-listed almost all of Guernsey's schemes in April‚ is launching two new schemes in Gibraltar.

Offshore bond ‘flies in the face’ of HMRC rules

Axa claims the product is able to do this and provide the tax advantages of an offshore bond, because the investment decisions are outsourced to a discretionary fund manager.

Planet SOS