Managers of Wealth Offshore

Jersey fund drops hostile takeover bid of UK wealth manager

It ‘believes that other growth and acquisition opportunities are more compelling at this time’

Appleby Donates $25,000 to Bermuda Hospital Vaccination Clinic

The donation is to assist in the operating costs of the King Edward Memorial Hospital Covid-19 Vaccination Clinic.

Ocorian selected as administrator for housing fund

The fund, set up using a Guernsey Private Investment Fund structure, has raised an undisclosed amount at its first close.

Accuro finalist of the Wealthbriefing European Awards 2021

These awards showcase ‘best in class’ providers in the global private banking, wealth management and trusted advisor communities.

Guernsey braced for more pension longevity risk transfer deals after bumper year in 2020

This includes three deals in 2020 alone, with a combined scheme value of more than £8 billion.

Surge of interest in Guernsey for pension longevity risk transfer deals

A captive solution can also be a stepping stone towards purchasing a bulk annuity at a later date, and this has happened with some Guernsey deals.

JTC revenues rise by 16% despite pandemic challenges

Jersey-based JTC saw revenues increase by 15.9% in 2020, which it described as a strong performance.

Helix snares Hadler and Mortimer, unveils Bermudian excess casualty business

Helix Underwriting Partners has expanded its agency platform to include excess casualty insurance in Bermuda, and made a number of appointments to build out its offering.

Canopius names Invesco as alternatives partner as low rate environment continues to bite

Canopius Group, the global specialist re/insurer with operations in Bermuda, has named Invesco as an alternatives partner.

Malta Enterprise to cover costs of Malta Chamber membership to start ups

It is no coincidence that Malta Enterprise provides the space for start-ups to grow,” said Dalli.

Another Bermudian re/insurer signs up for Ed’s etrading platform TradEd

Ed, the global reinsurance, wholesale and specialty broker, has signed up a major Bermuda-based re/insurer to TradEd, its etrading platform.

Another Bermudian re/insurer signs up for Ed’s etrading platform TradEd

“Ed are one of our key trading partners here in Bermuda and we’re pleased to deepen this relationship with the use of technology as we both grow our Bermudian operations in a thoughtful manner.”

TISE GREEN lists green bonds from world’s largest aluminium recycler

The net proceeds from the bonds will be used to finance eligible green projects, such as investments in renewable energy and pollution prevention and control.

Business mogul Zaren Vassallo named EY Entrepreneur of the Year

Dr Juice founder John Winfield named EY Rising Star

MAPFRE Malta registers group profit of €14.29m after tax in 2020

Investment income was subdued as property income and lower gains mitigated the low or negative yields registered in financial instruments, including an impairment of available-for-sale equities.

Gallagher Re invests in Bermuda with establishment of dedicated new cyber reinsurance specialism

The dedicated team will be led by specialist cyber broker Seb Plummer

Appleby Colleagues Fundraise for the Red Box Project Jersey

Leading Law Firm Appleby in Jersey have raised over £1000 for the Red Box Project, a local initiative set up to end period poverty in Jersey.

TrustQuay opens Luxembourg office

In addition to Luxembourg, TrustQuay has 8 other offices worldwide in key markets which include Jersey, Guernsey, United Kingdom, Singapore and Australia, serving more than 460 customers and 17,500 users in over 30 jurisdictions.

JTC PLC 2020 Full Year Results

The rise in revenue was achieved from a combination of net organic growth and growth from acquisitions, of 7.9% and 8.0% respectively.

Aztec Group’s employees raise £100k for charities during lockdown

Aztec Group runs an employee fundraising matching scheme and doubled the matched salary donations at Christmas to further boost charitable efforts.

AIM and Hedge Funds