08/21/2023
HSBC switches to eco-friendly bank card
Customers will be issued a card made of recycled materials when their existing cards expire or are lost, to further reduce waste.
AIM and Hedge Funds
08/21/2023
Bermuda domicile good for Norway exchange listing
The Oslo Børs Exchange experienced a strong 2022 performance in both shipping and oil and gas, which remain core sectors in Norway.
08/18/2023
PwC Bermuda offering ‘completely integrated’ because of ILS: Megan Green
“Now you look at it, and we’re just completely integrated because of the ILS space.”
08/18/2023
SFL reports Q2 net income of 16.9m
The company declared its 78th consecutive quarterly dividend of $0.24 per share.
08/18/2023
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.
08/18/2023
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.
08/18/2023
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.
08/17/2023
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
08/17/2023
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
08/17/2023
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
08/17/2023
Jersey businesses invited to think about productivity
This diversity ensures that businesses from various sectors can benefit from the initiative.
08/16/2023
Pension ‘anomaly’ debunked
The terms of reference of the reform group were strictly related to future generations of pensioners
08/16/2023
Nicholas Kessel wins EY Scholarship
The award provides students, who have shown academic excellence
08/16/2023
IGI reports Q2 net income of $40.5m
We are seeing plenty of opportunities to continue to show profitable growth in reinsurance
08/16/2023
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.
08/16/2023
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.
08/16/2023
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.
08/15/2023
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.
08/14/2023
TISE announces Blue Diamond as first private market client
Blue Diamond Limited becomes the first company to join TISE Private Markets.
08/11/2023
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.