Managers of Wealth Offshore

BF&M nine-month profit jumps to $24.2m

“On the insurance side, we observed further improvements in our Group Health and Group Life business, reflecting the positive impact of ongoing cost containment strategies and revenue optimisation.”

HSBC receives ‘a number’ of bidders for Malta bank

Bank to call EGM for shareholder approval to allow due diligence checks

Regency Court move marks the beginning of new era for Praxis in Guernsey

The move brings the Guernsey contingent together in a single floor space for the first time.

BF&M net income doubles year-on-year to $24.2m

Investment income continued to benefit from favourable market conditions, which supported robust returns from fixed income and equity holdings.

BEDC partners with Prudential to help small businesses

This partnership brings significant added value to our small business community.

‘Investment in Malta now needs to seek a resilient future’

In 2023 alone, FDI flows to Malta amounted to €9.9 billion by mid-year

Ariel Re’s ILS vehicle issues $325m in catastrophe bonds

The three-year bonds were issued to secure additional capacity from the capital markets for retrocessional reinsurance to protect its Lloyd’s Syndicate 1910 operation.

Significant increase in global reinsurers’ ROE due to investment and underwriting results

The fall in reserve leverage was offset by a significant increase in operating margins.

AXA XL provides insurance for Bahamas climate debt swap

A statement from The Nature Conservancy said: “The Bahamas debt conversion project is a project of firsts."

Guernsey Employment Trust wins national award for inclusive employment

This prestigious recognition highlights Guernsey Employment Trust’s (GET) efforts in creating inclusive employment opportunities for disabled and neurodiverse individuals in Guernsey.

Digital Asset Demand to Change the Face of Private Client Industry – Ocorian Roundtable Participants Agree

The latter, all participants agreed, is the one which will alter the landscape of the industry the most up to 2030.

Cayman Enterprise City collects two freezone awards

CEC’s recognition in the Knowledge Zones category is particularly notable for its efforts to create a vibrant, tech-focused ecosystem near major North American markets.

Malta’s financial services industry evolves amid change and challenges

As Malta continues to position itself as a key player in the international financial services industry, Chris Casapinta at Finco Trust Services shares insights on the country’s growing industry in Malta, competitive advantages and challenges

Business loss improvement for Guernsey Post

The annual report from Guernsey Post said this was an improvement compared to a prior year business loss of £2.3m in 2023.

Sustainable infrastructure remains ‘super attractive’ as an asset class for insurers: Swiss Re’s Haegeli

Speaking at Swiss Re’s global economic and insurance market outlook event for 2025/26 in London, Haegeli addressed how the reinsurer sees sustainable infrastructure as an aerial opportunity for insurers.

AM Best maintains positive reinsurance sector outlook amid tailwinds in property

AM Best revised its reinsurance sector outlook to positive from stable back in June, citing robust reinsurer profit margins and the expectation of continued underwriting discipline.

JTC to Acquire Specialist Fiduciary Business FFP, Cayman Islands, BVI and Dubai

JTC’s Commercial Office has been actively working on the establishment of a Governance Service practice.

IMF again calls on Malta to phase out energy subsidies

Shift urged to targeted subsidies, with the saved funds used for investment

Aspen Insurance reports Q3 net income of $56.7m

Net written premiums were $673.6 million, up 7.2 per cent on the prior year quarter.

Burrows optimistic about 2025 rates

He said it had taken four to five years for the markets to drive up prices but capital had grown as profits were retained, despite money being returned to investors.

AIM and Hedge Funds