Managers of Wealth Offshore

Abir celebrates market leaders

Abir’s membership is the core of a group of Bermuda insurers and reinsurers who operate in 150 countries providing leadership in specialised coverages.

Isle of Man credit rating reaffirmed by Moody’s

The report notes that, in 2020, the coronavirus pandemic pushed the Island into a rare economic contraction

Most industries see economic growth in 2024

Bermuda’s economy increased 6.9 per cent nominally in 2024 compared with 2023.

JTC CEO Recognised With A Lifetime Achievement Award

The annual Awards shine a spotlight on outstanding individuals, firms and teams across the asset servicing sector.

Cayman climbs reinsurance ladder

There are 719 international insurance licensees with $51 billion in premiums and $174 billion in assets.

Troubled Malita Investments to lean on its banks for extra financing

The company said it is now in talks with its banks to “secure the necessary funding to enable works to resume”.

Aztec Group supports GHO on landmark €2.5 billion Fund IV close

This is the latest in a series of strategic partnerships highlighting Aztec’s continued growth and reputation

Activate Energy Acquisition Corp. Closes $230M IPO

Activate Energy says that no fractional warrants will be issued when units separate, and only whole warrants will trade.

Reinsurance News Bermuda Legacy Market Roundtable 2025

Panellists agreed that merger and acquisition activity among re/insurers is expected to be a big opportunity for the legacy space

Businesses now have access to economic stats for 2024

The number of people receiving poor relief assistance rose to 1,237 which was up 4.8% from 1,180 in 2023.

International insurance will have bigger Cayman impact

Cayman’s captive insurance industry originally grew from US health care groups that wanted to create their own offshore insurance company to handle any medical claims.

Gallagher Re targets South Africa with latest acquisition

This acquisition represents a strategic opportunity to strengthen our market position

Ariel Re wins Lloyd’s approval for new Syndicate 2006

With a commitment to underwriting excellence and advanced technical capabilities, Ariel Re is confident that Syndicate 2006 will deliver meaningful capital solutions for clients

Cayman’s CCRIF launches new microinsurance product

In a press release on 3 December, CCRIF CEO Isaac Anthony said: “Hurricane Melissa reminded us that disasters do not only damage homes – they disrupt lives and livelihoods.

Bahamian economy holds steady in October as tourism and banking sectors show resilience

Non-United States international departures increased two point eight percent to 16,159, while United States departures declined zero point four percent to 74,863.

Our Cayman Islands Insurance team wins Law Firm of the Year

This win is more than an award, it reflects the dedication and expertise of our Insurance team, whose commitment to delivering exceptional legal services sets us apart.

Cayman captives go up a gear in 2025

More importantly, the pipeline suggests further acceleration: the Cayman Islands Monetary Authority (CIMA) had 19 applications under review and another five approved in principle.

Banking sector continues to exhibit growth

Commercial banks had $1.32 billion in loans in September 2024.

PwC Cayman wins two Captive Review awards

Agrella added that the award was a testament to the work and dedication of the insurance and reinsurance staff in Cayman.

Moody’s lifts Butterfield’s core credit rating

The rating enhances the bank's reputation for financial stability and responsible management.

AIM and Hedge Funds