Managers of Wealth Offshore

Assured Guaranty to issue $350m in senior notes

Bermuda-based Assured Guaranty said the senior notes will be issued with a 6.125% coupon and will be redeemed in 2028 and are expected to settle on August 21.

Validus to redeem almost $200m of notes

American International Group, which owns Validus, said the notes – valued at $199,115,000 - would be redeemed on September 21.

Reflections on the Cayman Islands (Re)insurance Market – a “Virtuous Circle”

This is resulting in larger carriers being established who are unsurprisingly writing larger programs with more volume and frequency and these transactions are of course materially increasing industry premium and asset values.

1st National welcomes Saint Lucia and CARICOM’s engagement with AFREXIM BANK

Saint Lucia is a signatory of the Partnership Agreement between the Afrexim Bank and nine other CARICOM Member States

Monument Re owners considering a sale

Developments come after the group’s solvency ratio fell from 299% at end-2021 to 167% at end-2022

Deltec Bank enters second half of 2023 poised for accelerated client growth

Deltec Bank released a summary of key indicators regarding its financial health and stability going into the second half of 2023

Jersey businesses invited to think about productivity

This diversity ensures that businesses from various sectors can benefit from the initiative.

Pension ‘anomaly’ debunked

The terms of reference of the reform group were strictly related to future generations of pensioners

Nicholas Kessel wins EY Scholarship

The award provides students, who have shown academic excellence

IGI reports Q2 net income of $40.5m

We are seeing plenty of opportunities to continue to show profitable growth in reinsurance

Qatar Insurance almost triples net profit in first half

The company had insurance revenues for the half year of $823 million and net investment service income of $151 million while investment income was $133 million.

44 Guernsey professionals pass IoD qualifications

The ability to network and hear insights and experiences from different industries and markets gives an additional aspect of learning as part of the course.

UK pension proposal tips for trustee boards and advisers

Invest time up front to think through holistically what you’re looking for from a service provider.

More businesses encouraged to set up in Alderney

As part of the campaign, the chamber has created a guide of ten steps to set up a business venture on the island.

TISE announces Blue Diamond as first private market client

Blue Diamond Limited becomes the first company to join TISE Private Markets.

Investor’s bid for SiriusPoint officially over

Our recent half year results were an important evidence point of our strategy and our progress so far, and we are focused on building on that momentum.

Brookfield posts $360m Q2 net income

Results in the period were driven by contributions from American National

The rise and rise of private capital

Private funds are where the action has been since the global financial crisis.

IoD Jersey 2023 Director of the Year Awards shortlist announced

Sponsored by Appleby Jersey, the awards feature ten categories from small and family organisations, directors who excel in equality, diversity, and inclusion, to large business leaders.

White Mountains posts profits in second quarter, first half of 2023

White Mountains includes the companies Build America Mutual, Ark, Kudu Investment Management and MediaAlpha.

AIM and Hedge Funds