Managers of Wealth Offshore

James River signs loss portfolio agreement

During the third quarter of 2024, James River will recognise a $52.2 million reduction in pre-tax income for the excess consideration paid over reserves ceded in connection with the agreement.

High interest rates put paid to the Class of 2023

That’s the view of AM Best, which has released a report delving into why, unlike previous hard markets, there was no class of new reinsurers in 2023.

TISE reports sustained listings growth in first half

The total market value of all listed securities surpassed the £700 billion mark for the first time, reaching £708 billion at the end of June.

Brookfield Re plans to enter UK market

Brookfield Re has filed paperwork with the Bank of England’s Prudential Regulation Authority to set up a new insurer, according to people familiar with the matter.

Athene tackles priority crisis in retirement savings

Athene describes itself as “a leading retirement services company that specialises in helping its customers retire with confidence and is a solutions provider to institutions”.

Cayman Islands financial services industry reopens offices after Hurricane Beryl

The Cayman Islands Government issued an “all clear” notice in the afternoon on 4 July.

Navigating Opportunities and Challenges for Individual Investors

The sector continues to evolve, alongside associated challenges

BDO Jersey Supports Personal Endeavours for a Good Work-Life Balance

This completion is set to be the largest touch competition ever, with 190 teams representing over 40 nations.

Corporations, profit, banks and politicians

How we create money and distribute it in society is responsible for many of the world’s problems

AM Best puts BF&M ratings under review

Ratings agency AM Best has upgraded its under review status for Argus.

JTC Group Partners with Anova to Strengthen its People-First Culture

JTC have been using Anova data and insights to drive positive change based on accurate and authentic employee feedback, strengthening their people-first approach to business activities.

Monument Re subsidiary closes group life deal in Belgium

Completion followed the receipt of regulatory approval from the National Bank of Belgium

'Malta could become a regional hub for private equity'

Newly-launched Private Equity Venture Association (Malta) hosts exclusive members gathering

SiriusPoint and Tara Hill form strategic partnership

Tara Hill was established to develop an E&S portfolio with a focus on private management liability and miscellaneous professional liability coverages for small to medium-sized risks.

SiriusPoint launches strategic partnership with E&S programme administrator

Peter McKeegan, founder and chief executive officer of Tara Hill, said: "We are looking forward to working with SiriusPoint.

Women in Hamilton: Nadia Beckert

Beckert, who joined Fedelis in Bermuda in 2021, joined was previously a broker for Willis Re in London after being educated in Germany.

JTC Expands UK Presence with Acquisition of Hanway Advisory Limited

The business will become part of JTC’s Institutional Client Services (ICS) Division

Shifting dynamics drive a positive outlook for the global reinsurance segment

Yet each year since, insurance industry observers have taken note of our view on this critical market segment and its underlying conditions.

Unlocking the secrets of enforcement and asset recovery in the Cayman Islands

There are a number of challenges to a successful asset-recovery exercise

BF&M and Argus announce merger

The combined company will be renamed in due course.

AIM and Hedge Funds