Managers of Wealth Offshore

Multitude Bank delivers 53% profit growth in H1 2025

Malta-based digital bank registers €9.5 million profit before tax

FamGuard posts $3.2 million first-half profit amid insurance growth and strong investments

The company credited ongoing strategic initiatives, including customer service improvements and technology enhancements, for the uplift.

Cayman’s consumption has grown 27% over 8 years

The per capita consumption in 2023 is estimated at $36,284 per year, with residents in Grand Cayman spending $36,581 and on the Sister Islands $25,536 annually.

Bermuda leads world in capital growth for reinsurers

That growth came despite major headwinds, including adverse casualty reserve development and catastrophe losses from hurricanes Helene and Milton in late 2024.

Apierion and Triangle Digital team up to offset carbon

Companies with too much carbon can buy carbon credits that bring down their official carbon footprint.

Diplomacy

The 10-year US Treasury note yield increased to 4.275% at Friday’s close versus 4.214% the previous week.

Half of government’s revenue comes from financial services

The influx of cash is a welcome shot in the arm at a time when government is spending more than ever and is forecast to be in a deficit position by the end of the year.

Building Trust and Credibility - How Guernsey’s Economic Substance Regime reinforces business integrity and how Beauvoir Group partners with you to achieve your strategic goals

This enduring reputation has attracted a diverse range of international businesses and investors seeking a credible and reliable jurisdiction.

Q2 real estate sales still up despite properties taking longer to sell

Interest rates and global economic uncertainty impacting some market segments

Colina Holdings reports $22.7M half-year profit, completes $14M Saxon acquisition

CHBL’s net investment income for the period rose to $26.3 million, compared with $20.5 million in the prior year.

BOSVG reports $25.9M PBT in strong half-year performance

$25.9M Profit Before Tax

Family offices plan major shift toward alternative assets, study finds

The survey covered family offices in 13 jurisdictions including the UK, UAE, Singapore, Switzerland, Hong Kong, South Africa, Saudi Arabia, and the Cayman Islands.

Cayman captures top insurance awards in US

The insured operating company in effect rents the use of the cell.

Two equities push MSE Equity Price Index higher

Trading activity in local equities on Thursday was muted at €0.10 million

Cayman strengthens safeguards to block illicit funds with new office

The new office will have oversight of the national coordination team preparing for the December 2027 inspection by a team from FATF

Financial services fees grow Cayman Islands government revenues

Government similarly increased partnership fees at the beginning of 2025 and collected $8.9 million more from partnerships than during the first half of last year.

US life insurers boost offshore reinsurance cessions to Bermuda

Bermuda now dominates foreign reserve transfers, driven by capital strategies

BML to roll out ATM services in all inhabited islands of Baa Atoll this week

Shareef described this to be one of the biggest projects the bank has undertaken, and mirrors the bank’s commitment to financial inclusion and supporting local growth.

Captive jobs ‘safe’ as the UK sets itself up to challenge

There is optimism that the 250 jobs in Guernsey’s captive insurance industry will be safe, despite the UK government’s plans to move into the market.

Daymer Group launches fiduciary, consulting services in London and Cayman

It also serves growth-stage companies, providing consultants and filling fractional C-suite roles to allow companies to scale quickly

AIM and Hedge Funds