Managers of Wealth Offshore

Burford plans to launch Guernsey insurance business

The new business is aimed at more complex litigation and arbitration cases.

Your future is secure with us, Sagicor tells pension trustees

President and CEO of Sagicor Group Jamaica, Christopher Zacca assured trustees that while the local economy is seeing an increase in the longevity of pensioners,

Events Jersey launch new website

The new website, for the events sector, draws on the strength of the island break brand

AXA confirms $15bn acquisition of Bermuda-based XL

Under the terms of the transaction, XL Group shareholders will receive USD 57.60 per share. This represents a premium of 33% to XL Group closing share price on March 2, 2018.

Panama seeks to attract investment from UAE sovereign wealth funds

Panama President presents opportunities in infrastructure, real estate

BDO acquires C5 Alliance Group

Its growth has included the acquisition of Cronus Consulting in 2012, ITEX Holdings in 2013 and Altius CI in 2016.

Bermuda Government confirms interest in blockchain

Caines said that the Government has to look at growth in new ways

Guernsey regulation works for South African investment vehicle

APBL is incorporated in Guernsey and listed on the Bermuda Stock Exchange, offering investors regulatory protection across a number of jurisdictions.

Catalyst buys Jersey consultancy Knadel

Announcing our acquisition of Knadel, a leading investment management consultancy

Pension freedoms ‘concern’ Isle of Man providers

There was a “critical lack of transparency” by the Isle of Man’s treasury minister in the lead up to introducing pension freedoms for the island, the chair of the jurisdiction’s association of pension scheme providers told Internat

Hansard half-year results show reduced profits yet wider expansion

All figures refer to the six months ended 31 December 2017, except where indicated.

Greenlight Capital Re reports 4Q loss

Greenlight Capital Re shares have fallen 13 percent since the beginning of the year

Praxis supports Asia fundraising

Part of the PraxisIFM Group, PFS provides fund formation and administration services to start-ups and more established structures, covering a wide range of asset classes.

Burt points to past reinsurance success for future Bermuda innovation

According to Burt the Bermudian Government intends to attract companies to the Island whose investment in Bermuda will create jobs and show why Bermuda’s greatest asset is her People.

Utilico to redomicile to UK from Bermuda

The company is listed on the London Stock Exchange, and has a market capitalisation of £461 million ($642 million), with assets of £570 million ($788 million).

Opportunity for Guernsey funds market as investor demands encourage managers to look at new structures

“There is no single structure right for every jurisdiction, investor base or opportunity set,” he said.

Guernsey launches investment fund

The aim is to deliver long-term capital growth to its shareholders, including the States of Guernsey, which has committed to investing up to £25 million.

AIG’s new legacy business to bring jobs

New York-based AIG has had a presence in Bermuda for 70 years and is based in the American International Building on Richmond Road.

Chinese conglomerate moves on Guernsey and London fund houses

A Chinese conglomerate with ambitions in the west has acquired a London-based asset manager and its Guernsey-based subsidiary.

JTC eyes 320 mln-pound London IPO

Jersey-based JTC, which has buy-out house CBPE Capital as a minority investor, is working with stockbrokers Zeus and Numis to advise it on an initial public offering (IPO), the sources said.

AIM and Hedge Funds