Managers of Wealth Offshore

Legacy insurer Carrick buys Cayman health insurer

Established in 2019, Carrick has formed a non-life runoff business with operations in Bermuda, the United Kingdom and the US.

Legacy insurer Carrick buys Cayman health insurer

This type of transaction fits perfectly within Carrick’s strategy to provide solutions to the insurance market and expand global operations to include the Cayman Islands.

Growth forecast remains in the low two percent range says Central Bank Governor

Although the speed of growth has moderated since the completion of the recovery from the pandemic, activity remained slightly accelerated in comparison to the economy’s expected medium-term potential.

12 years of investment excellence: highlight in BOV's 50-year legacy

Testament to BOV’s dedication to excellence and innovation

Reinsurance and investments power Arch to $1.3bn profit

The Bermuda-based re/insurer also recorded favourable development in prior year loss reserves of $124 million.

SiriusPoint joins forces with marine MGA

“At SiriusPoint we want to work with experienced, ambitious MGAs, helping them to excel by understanding and identifying exactly the right type of support they need from us to reach their ambition.”

BOV reports profit before tax of €148.2 million for first half of 2024

An increase of 40.9% over same period last year

Investment returns drive Enstar to $126m profit

Total investment returns jumped to 5.2% compared to 3.0% in 2023 as a result of a slowdown in interest rate increases.

Securis, Twelve Capital to merge

Christoph Buerer, cofounder of Twelve Capital, will become president of the new partnership, while Etienne Schwartz will become CIO of Liquid Securities.

Pioneering business banking evolution in Malta

Proactive approach and unwavering commitment to clients

Celebrating 50 years of Bank of Valletta

Kenneth Farrugia, CEO, Bank of Valletta

Chubb reports second quarter net income of $2.23bn

Annualised return on equity was 14.7 per cent.

Twelve Capital and Securis agree to merge

The companies said the merger would allow them to retain their independence.

Majority of financial advisers and senior savings professionals within banks expect UK base rate cut in August

Despite this shift, savings professionals and advisers are largely split on their predictions. 14% are not expecting a cut at all in August or September.

Isle of Man's Capital International Group announces acquisition of Jersey investment firm

‘This represents a significant milestone in the group’s growth journey’

Pension providers react to plan for cap on fees

Earlier this month, the Premier announced in the House of Assembly that pension administration fees will be reduced and then capped.

Looking over the horizon: Issues for the future in private family trusts

A typical family trust may have been settled decades in the past and over its lifetime there will be inevitable changes in societal and moral attitudes, and in technological and medical advances.

Abi Holland Named in Top 50 Women In Private Markets by The Hedge Fund Journal

Companies represented in the report include asset managers and allocators, including the UK’s largest pension fund, funds of funds, private banks and wealth managers.

JTC's Employee Owners Receive C. £50M Of Share Awards after delivering ‘Galaxy Era’ business plan

The programme has been widely commended and is the subject of a current Harvard Business School MBA case study.

APS Bank announces strong growth for first half of 2024

Business model continues to take a more medium to long-term view

AIM and Hedge Funds