02/10/2014
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.
02/07/2014
Jersey has become a member of the Berne Convention, agreeing to recognise international copyright of artistic works.
02/06/2014
The product allows trustees to choose when and how many policies will mature to suit clients
02/06/2014
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.
02/04/2014
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.
02/03/2014
New Global Fund Administration Firm Formed
Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.
01/31/2014
Sovereign said the product is flexible in terms of investment options “accepting most life company bonds together with other asset management products”.
01/27/2014
Apex Fund Services has announced the opening of its Jersey office and expansion of its presence in the Channel Islands.
01/23/2014
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.
01/22/2014
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.
01/20/2014
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.
01/16/2014
After spending much of the year in consultation with the industry, CIMA’s near-term regulatory approach is becoming clearer.
01/15/2014
Chris McKeown, Chief Executive Officer of New Ocean, commented "It is extremely gratifying to attract such sophisticated and industry-leading investors to our platform.
01/08/2014
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.
01/07/2014
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.
01/04/2014
He stated that the Maldives strategic location – a stone’s throw away from India – made it an ideal location for Indian investment.
01/02/2014
Sagicor to get £86m from sale of its Europe business
The sale (of Sagicor at Lloyd’s) will return approximately US$130 million in cash capital to the group
01/02/2014
Barbadian investors will have one less company on the Barbados Stock Exchange
12/31/2013
Why has 1MDB parked RM7.5b in Cayman Island?
Questions were raised in Parliament, but answers were not forthcoming.
12/30/2013
It will broaden its domicile options for Protected Cell activities