Managers of Wealth Offshore

RenRe posts Q2 net loss of $325m

Gross written premium (GWP) was $2.5 billion, up from $2.1 billion a year earlier.

“Perfect storm” causing recruitment and skills challenges

Guernsey has a reputation as an expensive place to live compared to some parts of the UK.

Q2 records and net income fall for Chubb

But core operating income was a record $1.79 billion versus $1.62 billion from the prior year.

Axis Capital: Q2 Earnings Snapshot

The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.

Alternative investment funds: are Guernsey and Jersey the ‘new Luxembourg’?

Luxembourg is the epicentre of the European investment funds industry.

Skipton shortlisted in prestigious national PR awards

The national awards are divided into regions, and Skipton’s entry forms part of the South of England and Channel Islands region.

Aztec Group supports Advent International’s $25 billion fundraise

Raising $25 billion in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings the firm’s assets under management to over $100 billion.

Women’s Growing Financial Power Explored in New Thought Leadership Piece

Access to funding is one of the biggest barriers for women who want to start or scale up their business.

Suntera Global receives ACCA 'Approved Employer' Accreditation

The awards recognise the organisation's support for staff working towards ACCA qualifications

PwC Channel Islands invests in the next generation of leaders

From day one, Alex has genuinely lived the PwC values, delivered exceptional quality and client service, innovated, and inspired those around him.

ESH confirmed as Temenos sub-contractor in Channel Islands

Temenos is a company that drives banking innovation and offers a portfolio of leading banking software, tools and support, and we are proud to represent them across the two islands.

Sanne Group issues half-year trading statement and acquisition update

Sanne has reported a strong performance in the half-year to 30 June, with a return to double-digit organic revenue growth, record new business wins and continued strong cash generation.

ABIR welcomes record number of summer interns

Through internships, mentoring and education, ABIR’s member companies open doors of opportunity for Bermuda’s young people to start their journey towards gaining a first job and building a career.

BMS Re acquires Calomex and enters Mexican Surety treaty market

Calomex will retain its brand and infrastructure

Fidelis plans new managing general underwriter

From a client, broker and reinsurer perspective, it is expected that there will be no changes to the way in which Fidelis currently conducts its underwriting from its offices in Bermuda, London and Dublin.

PartnerRe upgraded because of Covéa parent

Fitch said it does not maintain public ratings on Covéa but does internally monitor the company's consolidated credit quality, which Fitch considers to be superior to PartnerRe's stand-alone 'A+' IFS assessment.

AM Best affirms financial strength of RenRe

AM Best assesses the group’s balance sheet as strongest, its operating performance as adequate, its business profile as favourable, and its enterprise risk management as very strong.

IAM Advisory wins ‘Investment Consulting Firm of the Year’

IAM has been recognised for its successful growth with private clients and for its implementation of its Sustainable Investment Framework for clients including the States of Guernsey.

Imperium Trust Company (UK) Limited Completes the Acquisition of Page Tax Consulting

The acquisition bolsters Imperium’s existing UK service offering of professional Trusteeship, Company service provision and full accounting and UK tax compliance capabilities.

‘Business booming, but we don’t have the staff’

AS UNEMPLOYMENT numbers fall to their lowest since August 2018, business are struggling to find staff.

AIM and Hedge Funds