Managers of Wealth Offshore

Growth in traditional & alternative takes total reinsurer capital to new high of $715bn in 2024: Aon

Aon’s estimate reveals that traditional reinsurer capital increased by roughly 7%, or $30 billion to $600 billion at the end of 2024

Barbados – Afreximbank to Build $180 Million Center

For the first time in Africa’s relationship with its Diaspora, we are matching our words with concrete action

DevCo urges Bahamian investment in Grand Bahama, highlighting opportunities to capitalize on key developments

The port is set to open in July of this year

CMC Markets opens Bermuda office

CMC Markets serves retail, professional and institutional clients with advanced online trading technology across multiple asset classes.

InEvo Re completes first pension risk transfer deal

The transaction covers pension risk transfer liabilities, including both pensions in payment and deferred pensioners, and includes several market-first features tailored to meet the risk and regulatory requirements of UK insurers.

Local business consortium in joint bid for HSBC Malta

The group of as many as 12 investors includes Gasan and Azzopardi groups, and banker Joe Said

Senior Channel Islands professionals join Citywealth International Financial Centre Awards judging panel

Winners are decided by a mix of judges’ vote and an online public vote to allow the global private wealth industry to have their say.

HIGHVERN shortlisted for the drawdown awards 2025

The prestigious award, in which we have been awarded five times, aims to recognise private markets administrators that have demonstrated excellence in their service.

Langham Hall expands Guernsey presence with new office

The new office spans 10,000 square feet and supports Langham Hall’s ever-growing team of 70 staff, who provide fund administration services to fund managers.

SiriusPoint steps into construction insurance gap

SiriusPoint is a capacity provider for Balance Partners’ new excess construction liability programme Vertical, which underwrites lead and following excess layers of up to $5 million.

BWCI purchases Orion Insurance Management

BWCI Senior Partner, Stephen Ainsworth said: “We are delighted to welcome the team at Orion into the BWCI Group and wish David Le Poidevin every success in his future career.

Pension Corner: How can I persuade my adult children to get a pension?

It is difficult to see any of these factors changing any time soon.

Insurance industry adds $233M a year to Cayman economy, study says

The economic impact study, the first of its kind, said there was no measurement of the financial services industry’s contribution to Cayman’s gross domestic product by the government’s Economics and Statistics Office.

‘Driving Change & Growth Together for Guernsey’

The annual event, formerly known as the Mid Term, will build on this theme when it takes place tomorrow morning at St Pierre Park Hotel.

Still a lot to do before retirement, says outgoing CMO Nick Gent

While the recruitment process for his successor will soon be underway, Gent told the Compass that there is still much to do while he remains in the post.

BF&M’s 2024 profit dives to $13.9m

Operating expenses, excluding expenses relating to the combination with Argus Group, remained flat at $56.5 million, as opposed to the prior year’s $57.2 million.

Mapfre Middlesea registers higher profits, increases dividend

MSE Equity Price Index reversed a five-day losing streak rising by 0.33%

Alliance celebrates record-breaking performance in 2024

160 certificates and trophies were handed out to the top performing Sales and Lettings Property Advisors of 2024

Homes of Quality wins Frank Salt Real Estate ‘Branch of the Year 2024’

Frank Salt Real Estate reported substantial revenue growth across all divisions

Fortitude Re seals $4bn deal with Japanese insurer

This is the second such transaction between Fortitude Re and Taiyo Life, and marks Fortitude Re’s sixth reinsurance deal in Japan.

AIM and Hedge Funds