Managers of Wealth Offshore

Acquisition of Electric Insurance Ireland DAC

The acquisition will see R&Q assume EIIDAC’s gross reserves

Sanne launches loan agency business in the Netherlands

Sanne is launching its loan agency product offering in the Netherlands this week.

Local capital markets in the Caribbean: Challenges and opportunities

Cayman has a highly dollarised economy, where the US dollar is widely accepted as a means of payment and settlement

Dot-com millionaire gets green light for apartments

Although the units will each cost around CI$1 million, Schilling believes that they will be sold to people who live here and not acquired by transient owners or for speculative investment purposes.

Monument Assurance Luxembourg Acquires AME Life Luxembourg

The transaction will have no impact on AMELL clients and policyholders.

Maintaining Momentum for Big Impact

Activity in the funds space over the past few months has been busy, to say the least!

Monument Re closes in on Luxembourg-based life company

Manfred Maske, chief executive officer at Monument Re, said: “This transaction represents an important step in our consolidation strategy by further strengthening our presence in Luxembourg.”

CBC Insurance (Jersey) strengthen PIB Group expansion in the Channel Islands

Located in St. Helier in Jersey, CBCJ has built a strong reputation that extends beyond the English Channel for its focus on Financial Institution and Trust Company entity business.

PartnerRe Ltd. Reports First Quarter 2021 Results

The favorable pricing conditions, combined with the benefits we are seeing from our re-underwriting actions and significant growth in third party capital, position us well to deliver improvements in our underwriting and financial results during the remain

Atlas Insurance underlines the benefits of corporate wellness

Concluding the webinar, Calleja said: “We truly believe that employee wellness has a direct contribution to the success of any venture and as such should be a priority for any employer or leader.”

GLI Finance rebrands to Sancus Lending Group

Recently funded projects include a £4.9m development loan to build 27 houses in Cornwall, a €1.05m bridging loan on a 23 apartment complex in South County Dublin and a £9.1m loan to build and develop 11 houses in Jersey.

Investment Limited Partnerships 101 (Part 2)

The ability to establish an ILP as an umbrella fund provides additional flexibility for managers that are considering setting up funds with differing investment strategies.

Bermuda’s Somerssnaps up stake in fundie Aura Group

Somers’ biggest investment is a 62 per cent stake in Australia’s Resimac Group. Rob Homer

How do you value crypto?

Additionally, it appears that traditional investors, in which I would class myself, are now not asking whether to include crypto currencies in portfolios but how much to include.

STM sells Jersey trust and services arm to Guernsey firm

The Sale Companies are principally STM Fiduciaire Limited, along with a number of non-revenue generating support companies, including nominee companies.

Assured Guaranty reports Q1 profit following Puerto Rico settlement

Frederico pointed to a resurgence in the global CLO market in Q1 that benefited the group’s asset management business.

James River Group reports $103.5m loss

Core E&S gross written premium has grown 85.7 per cent since the first quarter of 2019.

Hansard Global trading update

Launch now expected in summer 2021 when Covid-19 restrictions have eased.

Apex Group appointed by Canadian Music Royalty Fund

The Fund will seek to generate income and capital gains by acquiring catalogs of high quality, globally successful, enduring music copyrights and royalty streams with a focus on Canadian creators.

‘Leading investment centre’ Guernsey assists world-leading investor in fund launch

Investor support for CIP VIII came from more than 200 of the world's leading institutional investors.

AIM and Hedge Funds