Managers of Wealth Offshore

Bermuda-based Orion Re maintains rating

AM Best said Orion Re’s risk-adjusted capitalization, as measured by BCAR, has shown improvement since 2019

Standard Bank Offshore Celebrates Double Success At International Investment Awards

These achievements not only celebrate our commitment to excellence but also reinforce our mission to grow our Offshore business

Guernsey wins Offshore Fund Domicile of the Year award

These nominations are then collated and reviewed by the Institutional Asset Manager editorial team, and the winners are the companies with the largest numbers of nominations in each category.

BF&M-Argus deal moves a step closer

The two companies announced in June that they were to merge after signing a definitive amalgamation agreement.

Investment trust discounts and their record number of buybacks

This along with higher yields – which has meant shifting investor preference toward cash or bonds – has caused troubles in the investment trust industry.

Guernsey’s captive expertise recognised at European Captive Awards 2024

Guernsey has a long history of domiciling captives, with more than 100 years of captive experience.

Capital call securitisations: Fund finance’s new frontier? An offshore perspective

When a closed-ended, private fund needs liquidity, whether to make new investments or to meet ongoing capital expenses, it would traditionally look to its investors to meet these costs.

Joseph Portelli-led Excel Finance to issue €50 million bond offer

Real estate group seeks to refinance bank loans and fund development projects

AI-powered marketing assistant launched

Brandly has been designed to provide businesses with personalised marketing support, while enabling them to 'scale efficiently, reduce costs and power-up performance'.

Winners of the Malta International Business Awards 2024 announced

Gala event held to celebrate international business excellence

Butterfield down on NYSE

Overseas, Butterfield closed down four cents (0.11 per cent) at $37.89 on the New York Stock Exchange.

Marco Capital completes acquisition of Inceptum

“Executing a deal in such a complex situation is an example where Marco’s technical skills, experience, track record and outstanding reputation are essential.”

Fortitude Re’s ratings outlook upgraded

Fitch also affirmed the company’s BBB+ insurer financial strength rating,

Value of Guernsey funds drops £7bn in three months

GFSC said both open-ended and closed-ended investment schemes had dropped in value during the third quarter of the year, although open-ended schemes were up slightly year-on-year.

Gen II Launches its Women’s Network in Jersey

Originally established across its North American offices, the evolution of Gen II’s Women’s Network to include digital and in-person events across its European locations is evidence of the business’s ongoing commitment to the initiative.

New captive scholarship launched on Bermuda

According to KPMG The scholarship builds a strong foundation for success in Bermuda’s globally recognised captive insurance sector.

Argus first half profit rises 18%

Insurance revenue grew by $14.4 million

Bermuda’s entrepreneurs celebrated at BEDC awards

Customer Service Award, Pronto: a warehouse grocery store and delivery service offering affordable prices, a wide range of products, and fast, convenient delivery

Financial analysis: Bond market terminology

It is not right to conclude that unsecured bonds are riskier than secured ones

Cayman told not to kill business goose that lays the golden eggs

McIntosh said that – in contrast to major tourism and construction projects – jobs in financial services were “created or destroyed one job at a time”, warning of the risk of “death by a thousand cuts”.

AIM and Hedge Funds