Managers of Wealth Offshore

Captive insurance in The Bahamas - a success story

The growth in The Bahamas' captive market is largely attributed to small-to-medium sized entities (SMEs) seeking to set up their own segregated accounts.

Bermuda opens doors for captives

Unfortunately, as with everywhere else globally, Bermuda was hit by the COVID-19 pandemic, although the island was able to find a way to make the 2020 conference happen.

Caribbean tourism recovery gains momentum

We are confident that come December 31st, we will be over the line and meet the targets of 301,000 arrivals, which we achieved in 2019.

Central Bank of Trinidad and Tobago says labor market slowly recovering from pandemic

The CBTT said moving forward, policymakers, globally, are still combatting high inflation without unduly curtailing economic growth.

AM Best affirms ratings of INPEX Insurance

The ratings reflect IIL’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

Jason Romer Interviewed in the Brief

In the article, Jason shares key career milestones, discusses the difference between working onshore and offshore, and explores the importance of collaboration at Collas Crill.

Fidelity’s $500k behind but ‘still on $25m track’ despite falling

Mr Bowe told this newspaper that Fidelity’s investment was already “starting to bear fruit”

Citigroup : Citi Named Best Corporate/Institutional Digital Bank in 16 Latin American Countries

Citi Named Best Corporate/Institutional Digital Bank in 16 Latin American Countries

Inflation jumps five-fold to back PM’s warning

Reflective of the pass-through effects of the increase in global oil prices and supply chain shortages, domestic consumer price inflation - as measured by the All-Bahamas Retail Price Index - rose to 4.4 percent during the 12 months to June.

People ‘turning to credit as painfully high bills eat into incomes’

Households are turning to credit to maintain their standard of living, experts have suggested.

Clarien Bank Increase In Base Lending Rates

Clients will receive letter notices specifically detailing the change applicable to their loan.

‘Good leaders ensure that results are achieved in a sustainable way’

Leaders interview: Phil Eyre poses the questions to Dr Gary Yarwood, chairman of the MSG

$75m superyacht linked to Russian steel billionaire auctioned off in Gibraltar

The vessel was seized in March under sanctions imposed on Moscow over the war in Ukraine

‘Too bad’: BOJ governor unswayed by cries of FX losses by big firms

The central bank head does not share the characterisation in some of the company earnings reports that the foreign exchange market has continued to be volatile.

Guernsey Finance's US Representative reflects on first few weeks in role

The main challenge I see in taking up this role is changing existing business habits in the US and leading more intermediaries to use Guernsey.

Treat talent as scarcer than capital

The same research also found that the rate of those quitting or resigning from their job is 25 per cent higher than pre-pandemic levels.

Russian Oligarchs: Where Do They Hide Their ‘Dark Money’? BVI for Starters

Since Russia’s invasion of Ukraine, countries around the world have been using sanctions and new laws to try find this “dark money”, hoping to damage the oligarchs close to President Putin.

Navigating the Bermuda Triangle of sustainability communications

But mostly it depends on three key business functions aligning: sustainability; communications; and legal.

Repurprose: CIBC First Caribbean managing director says branch closure will improve regional efficiency

Bend noted that all branch employees were offered positions at other branches but also have the option to take severance as per labor guidelines.

HSBC staff take on Three Peaks challenge

27 people from Guernsey, Jersey and the Isle of Man climbed the three highest mountains in the UK within a 24-hour period: Snowdon (Wales), Scafell Pike (England) and Ben Nevis (Scotland).

Comment, Analysis & Research