Managers of Wealth Offshore

Resilience and adaptation: preparing for COP27

COP26 saw the signing of a formal partnership between the IDF and the V20 Group of Ministers of Finance

Enstar declares Q3 loss of $444m

Enstar said ROE was impacted by $395 million of net unrealised losses arising primarily from interest-rate increases on fixed-maturity portfolios that are classified as trading, combined with $151 million of net unrealised losses in Enstar's non-core

IoD Jersey launches their internship scheme

The scheme will now be open to all year 11 students and above in the Island.

HSCM-backed insurtech Kin secures credit facility

The remaining funds will be available to Kin in two tranches as the company reaches certain agreed-upon milestones. Armentum Partners was the financial advisor to Kin for the debt transaction.

Apex Group closes latest New Zealand acquisition

Following Apex Group's entry into the New Zealand market with the recent addition of MMC, the acquisitions of IIS and InvestNow further expand Apex Group’s presence in New Zealand and Australia to over 500 employees.

First Trading Update for the year ending 30 june 2023

The overall environment has remained challenging for investment and long-term savings plans.

EY publishes 2022 Global Climate Risk Barometer

The Barometer scores companies on the number of recommended disclosures they make (coverage) and the extent or detail of each disclosure (quality).

Athora secures €2bn of additional permanent equity capital

The capital raise has been conducted as a private placement of common equity securities

States' spending in 2023 could go above £48m budget increase

"For example, each 1% overspend on the Committee for Health & Social Care’s budget would cost just over £2million."

Skipton Announces Interim Results

In a first for the bank, a range of US Dollar savings accounts have been introduced during the past quarter, thus increasing the opportunities for savings customers.

Bermuda’s life reinsurance reaches $539bn in 2021

In its report, “US Life Insurers’ Bermuda Reinsurance Exposure”, Alirt calculates that total L&A reserves ceded to Bermuda companies rose from more than $424 billion in 2020 to nearly $539 billion in 2021.

A different type of CEO

It’s her heart for human resources though that is perhaps her calling card: she knows talent when she sees it and, crucially, how to make space for it to grow.

Argus unveils inaugural sustainability report

Ms Hill wrote: “It details actions we have taken to push our Black Lives Matter and diversity and inclusion agenda. Being honest about our focus on eradicating racism and bias, and using real language to address it.

Housing crisis leaves workers in costly, cramped conditions

There is very little affordable rental accommodation left on Grand Cayman now

Intertrust announces Q3 trading update

Adjusted EBITA was € 42.0 million

Seven projects awarded funding from Strategy for Nature Fund

The Strategy for Nature Fund was established in recognition that the Strategy for Nature is not simply a government document but is a framework for the whole community.

Apex Group launches Global Compliance Solutions in Australia

The expansion of Compliance Solutions in the Australian market will help to address clients’ risks and concerns around ESG, AML and financial crime for financial services entities

Everest Re reports third-quarter loss of $319mn

GWP in its reinsurance segment increased to $2.55 billion from $2.49 billion year on year, and to $1.3 billion from $1.01 billion in its insurance business.

Arch reports Q3 profit of $6.9mn

Gross written premium (GWP) increased year on year by 20.4 percent to more than $3.86 billion.

Barbados’s economy records six consecutive quarters of growth

Haynes said future prices for energy and food have started to fall as global economic activity slows and global supply chains begin to normalize.

AIM and Hedge Funds