Managers of Wealth Offshore

Jamaica urges Trinidad businesses to invest in Caribbean country

The mission will be in Jamaica until Thursday and Hill cited Jamaica’s economic growth rate, as well as a trainable workforce, as major pull factors for investment.

JTC Wins Global Fund Administration Award at New York Ceremony

The award recognises firms that have significantly increased their international presence and are seen to be on a successful growth trajectory.

Bahamas First ‘could not meet increased demand’

Bahamian property and casualty underwriters must acquire huge amounts of reinsurance annually

IQ-EQ Guernsey set to move to island’s first BREEAM rated building

Admiral Park is Guernsey’s premier location for large offices, with a number of financial services institutions already in situ.

PartnerRe and Zurich seal longevity swap

The transaction covering pensioner and non-pensioner members insures the majority of the risk that members live longer than expected and is a key milestone towards the trustees' plan to secure all benefits.

IoD to discuss fibre rollout at December breakfast

IoD committee member and digital sub-committee lead James Ede-Golightly will moderate the panel and there will be time for questions from the audience.

Skipton promotes Guernsey on global stage

“We are delighted to have worked with Clive and Digby on this, and look forward to working with them again for our international clientele in the future.”

Insurer sees nearly 15 percent net income rise in Q3

McKeller noted that one of the lasting effects of Covid has been the advancement of the company’s online presence and ability to offer customers more options in that area.

Life sector draws on Bermuda’s unique qualities

BILTIR executive director Martin Laframboise said there were also macro drivers, for example the aging population, that impact the life sector globally and from which Bermuda benefits.

Fidelity cuts profits target by $2-$2.5m

Explaining the $1.8m year-over-year decrease in net income, which was largely driven by a 27.3 percent jump in general and administrative expenses

SiriusPoint drops MGA deal with Mosaic

The deal would have also included SiriusPoint investing in Mosaic, providing underwriting capacity to Mosaic’s syndicated capital programme and access to global licences and infrastructure through a fronting arrangement.

Loans & Secured Financing in The Bahamas

Financial Services Partner, Portia J. Nicholson, in conjunction with Associates, Kamala Richardson, Andre Hill and Dennise Newton authored The Bahamas Chapter for the Loans & Secured Financing Guide published by Lexology GTDT.

Somers Re has FSR affirmed by AM Best

Somers had the strongest level of risk-adjusted capitalisation

IoD Jersey partners with Anna’s Private Members’ Club

It’s also the perfect venue for our members to work and entertain clients, providing space for presentations, launches, seminars and private dining.

Orion Re maintains AM Best ratings

Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a Class III insurer without restrictions of any kind in its class.

AUM launches ILS Ocean Fund

The underwriting strategy for the fund will mirror that of the captive insurance company in which it is invested

ILS Ocean Fund launched by AUM Asset Management to invest into Barbados captive

The ILS Ocean Fund will allocate its capital to insurance-linked securities (ILS) opportunities across geographies and insurance sectors, the company explained.

Finance Department Fine-Tunes its Business Continuity Strategy

The pandemic showed us that without having proper planning when a disaster happens, we are ill-equipped and so therefore we want to ensure that our operations continue.

Excellent ratings for Bermuda captives affirmed

The ratings affirm that Castle Harbour and Harrington maintain the strongest level of risk-adjusted capitalisation

Jamaica: The Next ‘Investment Destination of Choice’

The Jamaican Government has approved a National Investment Policy that delivers a raft of initiatives that make it easier for both Jamaicans and foreigners to invest in Jamaica.

AIM and Hedge Funds