Managers of Wealth Offshore

CIBC Bahamas reports $136M net income for 2024, marking a year of transformation and rebrand

This culminated in our rebrand to CIBC Caribbean.

Mergers and acquisitions: Are we in for a rebound?

The current reawakening of the M&A market follows a slumber experienced over the past few years

Two new grant programmes to mark 40 years of Lloyds Bank Foundation for the Channel Islands

The past few years have been especially difficult for charities

Growth in business activity slightly above average, Central Bank reports

December edition of Economic Update issued

Unlocking the corporate bank account: from challenge to solution

Differing opinions on whether the challenges are exaggerated or genuinely onerous

Non-profit companies: A contradiction or a practical tool?

Why are these entities not set up as trusts, associations or foundations?

Enstar subsidiary completes deal with James River Group

The transaction provides further protection against future adverse reserve development

RiverStone in deal with Zurich

David Rocke, group head of M&A and managing director of RiverStone International Bermuda Ltd, said: “It was a delight to work with the Zurich team again."

Prudential PLC captive insurer assigned rating

“This is particularly given Prudential PLC's initiative to tap diversified and profitable growth markets in Asia and Africa,” the agency said.

Argus-BF&M merger gets shareholder go-ahead

The merger will create a large local insurer offering everything from property and casualty insurance to life insurance to pensions.

BOV celebrates employee achievements

'A celebration of the bank’s ongoing efforts to empower employees'

Money market report for the week ended December 20, 2024

Information on ECB monetary operations and the domestic Treasury bill market

Hayward and Cloutier to kick off insurance course

The roundtable at 6pm on January 13 will be the first of 14 online Monday evening sessions that will introduce participants to a wide range of special topics in insurance.

Property catastrophe reinsurance rates expected to decline: KBW

European catastrophe reinsurance rates are expected to drop by up to 10% rates are likely to rise in the Canadian market following a record year for Canadian catastrophe losses.

Double ProShare Award Win Recognises JTC’s Shared Ownership Success

JTC was crowned at a ceremony in London as winner in the ‘Most Effective Communication of an Employee Share Plan’

Darag Group completes sale of US and Bermuda businesses

“We will now be bringing firepower to our European core where our strong, well capitalised niche position and good market conditions provide an excellent outlook.”

HSBC launches enhanced professional development programmes across Channel Islands and Isle of Man

The programme will focus on three core themes

New structure at Enhance Group

The UAP Group, a Guernsey-based investment company with complementary interests in financial services businesses, acquired the balance

CatX teams up with data analytics provider

CatX Limited has teamed up with Extreme Event Solutions group at Verisk, a leading global data analytics and technology provider.

Former AIG Bermuda chief Joe Johnson dies

“Joe was professional, a very considered and thoughtful man with a passion for golf and a great sense of humour,” Mr Blakey said.

AIM and Hedge Funds