Managers of Wealth Offshore

Ariel Re gets green light to establish a Lloyd’s Managing Agent

This is an important strategic milestone for Ariel Re and will allow us to achieve operating efficiencies and strengthen relationships with Lloyd’s and the UK Regulators.

Vistra supports AMR Action Fund

The fund aims to accelerate the development of antibiotics by investing more than $1bn in smaller biotech companies and providing industry expertise to support the clinical development of novel antibiotics.

JFSC proposes insurance sector fee rate rise to boost “financial resilience”

“We will share more detail from that review later this year,” the organisation added.

TMT Investments sees double-digit growth

During the first six months of 2021, the company said it had made USD14.1 million of investments across 13 new and existing portfolio companies.

Aztec Group supports MML Capital

The fund received commitments from circa 35 investors, both from MML’s existing investor base and new Limited Partners.

Bermuda newcomer ASR Re receives rating

In addition, AM Best has rated the outlook for the reinsurer’s credit rating as ‘stable’

Modest gains for ICBL but no dividends

This modest increase in net income represents a very promising result for 2020, given the negative economic impact of the global COVID-19 pandemic on Barbados.

Changes to the Board of Bailiwick Investments

The changes come as the Net Asset Value for the fund, which offers shareholders the opportunity to invest into Channel Island-based businesses, reached an all-time high of £1.4758 per share at 30 June 2021, a 24% increase since June 2020.

Apex Group appointed by Bee Alternatives, a newly independent Asia-focused Secondary Fund

This appointment comes amid the rapid growth of the secondary market in Asia Pacific region, including Japan.

Crestbridge looks to growth as it invests in its Island HQ

The firm’s reception area has also relocated as part of the project to a new main entrance on Charter Place and local artist James Carter has been commissioned to produce a mural in the new office space.

Just how transitory is the transitory period for Inflation?

Inflation has been influencing a number of markets as investors asked just how transitory is the transitory period for Inflation? ZEDRA's Global Head of Fiduciary Investment Services Toby Sturgeon explores in his Q2 2021 Market Update.

‘Good’ rating assigned to Ark Insurance’s Bermuda-issued debt

This includes ratings of ‘excellent’ for both the financial strength of Group Ark Insurance Limited and its status as a long-term credit issuer.

Jersey Finance Partners with Sustainability Consultancy

Following the launch of our sustainable finance strategy earlier this year, we’re delighted to now be working with True Limited to achieve operational sustainability.

Sompo Global Risk Solutions to Offer Epidemic and Pandemic Protection

Mr. Michael Chang, CEO of Sompo Global Risk Solutions, commented, “At Sompo Global Risk Solutions, we are committed to listening to our customers so we can bring them innovative risk management solutions to meet their specific needs."

Life body BILTIR welcomes Lombard as its newest member

We look forward to working with Lombard and benefiting from their 30 years of expertise in private banking

MJ Hudson Group releases full-year trading update

Despite disruption from the pandemic in the first half to December 2020, the group expects to deliver full-year results broadly in line with market expectations.

Lockton Re announces tie-up with Nephila Capital

Lockton Re said it will also foster tighter integration of treaty visualisation features with reinsurer underwriting workflow management, producing new value for cedents.

BOV’s road to digitalisation powered by GO infrastructure

his core network for all its infrastructure has been designed, implemented and is operated by GO.

Vistra launches SPAC and De-SPAC services

Vistra provides a tailored proposition built around the key phases of a SPAC to address each stage of growth

Africa specialist reinsurer unveils new Bermuda office

Once rated, this capacity will be used to bolster ASR's current MGA capacity supporting investment and business into and throughout Africa. Bermuda is a Solvency II equivalent global reinsurance hub.

AIM and Hedge Funds