Managers of Wealth Offshore

More woe for Neil Woodford with Guernsey delisting

The cancellation of those preference shares last week was confirmed by an official notice from Guernsey's The International Stock Exchange

CIG to cut proposed loan for bond pay-off

The plan is for government to pay off the bond from a combination of a new loan and government’s own cash balances.

Dubarry’s profit boots up while revenue falls

The Galway-based company employed an average of 108 staff, paying €2.7m in wages.

Arch subsidiary buys MGU Ventus

Ventus is an insurtech company that has successfully deployed its offerings to support its underwriters, deliver best-in-class analytics and modeling capabilities and provide a superior customer experience,” said Matt Shulman, CEO of Arch Insurance

Investar reports Titan Fund’s offer “met every expectation and more”

Balanced Fund deemed a strong success; Institutional Fixed Income Fund to undergo review

Aspen reports first half 2019 loss

While we are seeing rate and terms improving in some classes, particularly where there has been substantial withdrawal of capacity, we will continue to approach a number of the specialty classes cautiously as evidenced in the 5.9% reduction in gross writt

Surfing the waves of opportunity in Guernsey

Alternative asset investment continues to experience rapid growth with market data suggesting global alternative assets under management could top $21trn by 2025.

Opus Fund to expand Irish operation to Co Wexford

The company is locating in offices in Enniscorthy's historic former court building.

Broker Tysers launches Bermuda affiliate

As a result of Tomkins moving to lead Tysers Bermuda, Harrap will become the new managing director of reinsurance for Tysers.

777 Re formed on Bermuda; targets annuity and long-term life business

Under the agreement, the direct writer will continue to service and administer the policies.

Labuan and Swiss Re partner on event to drive captives in Asia

Mah said that captives remain a vital business segment in Labuan IBFC

Michelle LE Herissier Shortlisted FOR Powerwomen Of The Year Awards

Now in its seventh year, the 2020 Citywealth Powerwomen Awards shines the spotlight on individuals and companies who support caregiving responsibilities, female leadership, and celebrate diversity.

Caribbean Home Lists for $15 Million

The 7,000-square-foot estate, designed by noted architect Cheong Yew Kuan, is one of just 12 private estates on Parrot Cay.

Assured Guaranty to Acquire Asset Management Firm

The acquisition is expected to be completed in the fourth quarter of 2019, subject to certain customary closing conditions, including the receipt of consents and regulatory approval.

Third Point Re announces Q2 profits up, as Malloy affirmed as CEO

Third Point Re reported net income available to common shareholders of $53.1 million

Kenya to open trade links with Jamaica

There is no official data on trade and investments between the two countries

HSBC visits Bermuda for £7bn longevity swap first

The longevity insurance policy will form part of the scheme’s investment portfolio

Strong investment turnaround boosts Greenlight Re’s Q2 result

The firm’s investment performance in the period more than offset the reduced underwriting gain, and at $18.8 million, net investment income increased dramatically when compared to a net investment loss of $40.7 million in Q2 2018.

SOBC DARAG opens new Bermuda office

This team brings further expertise and capacity to help grow SOBC DARAG in Bermuda and North America and will benefit from access to our extensive capital resources”.

Buying An Open Market House And Living In Guernsey

A property which is described as being 'Local Market' is, simply, one that is not 'Open Market'. Y

AIM and Hedge Funds