Managers of Wealth Offshore

JTC’s interim results reflect strong organic performance and new business wins

The Board has declared an interim dividend of 4.3p per share, an increase of 0.8p period on period (H1 2023: 3.5p).

Alon Neches: In for the long haul

Neches attributes the success of the deal, and the other transactions Fortitude Re has completed, which includes several in Japan, to the company’s ethos.

Ryan completes purchase of Ascot MGUs

It generated approximately $11 million of operating revenue for the 12 months ended June 30.

‘Bahamas can sustain 3% economic growth’

The report he referenced noted that total revenue collections were estimated at $3,075.5 million

Third consecutive Top Mortgage Employer Award for Skipton International

We are extremely honoured and proud to have been recognised as a Top Mortgage Employer for the third consecutive year.

Deputy Premier leads successful UK and EU engagement

Ebanks and Campbell also met with representatives of the Channel Islands office to exchange insights and updates.

Strength in numbers

Reflecting on the evolution of Bermuda’s insurance sector, Williams-Charles emphasised the importance of collaboration and balance.

Radnor Re to issue $327m in mortgage insurance-linked securities

The BMA also registered one insurance manager, Somerset Services.

The rise of captive insurance in Mauritius as a strategic value-add

The more mature the business, the more sophisticated the solution required to appropriately manage risk and enhance profitability.

Bermuda Realty honours top performers

Mr Birch received his award from president and chief executive officer Brian Madeiros during the company’s annual meeting at the Royal Bermuda Yacht Club.

Kendaree Burgess to appear on Citywealth Forum panel

Citywealth is an award-winning media and events company for the global wealth management industry.

BOV relaunches its Monthly Investment Plan

Plan aimed at helping people invest small amount regularly

Financial analysis: PG’s revenue approaches €200m

The strength of the two large discounters in Malta should not be underestimated

Bermuda cyber insurance GWP jumps 64%

Incurred losses on the other hand remained stable at $1.2 billion aggregate in 2022, with reinsurance policies contributing nearly 50% of the total.

HSBC shares plunge 18% after bank indicates possible Malta exit

Bank loses over €100m in value; APS Bank shares surge on talk of acquisition

Average wage levels could ‘hide’ poverty figures, says finance expert

The figures showed the average basic earnings a month on the islands, including overtime, was $4,679.

HSBC Bank announces 'strategic review' of its Malta shareholding

The bank is one of Malta's biggest financial players

Carrick buys two captive insurers

Bermuda-based Carrick said its subsidiary Carrick UK Holdings Company had agreed with pharmaceutical company Bristol-Myers Squibb to acquire BMS International Insurance DAC and Seamair Insurance DAC.

Bermuda urged to promote its captive market

The island pioneered the captive concept in the 1960s, and now lists more than 600 captives writing more than $30 billion in gross premiums annually, with assets of more than $142 billion.

Cayman hits record 30,000 registered investment funds

CIMA Managing Director Cindy Scotland said there were several reasons for the popularity of Cayman’s investment funds framework with investors.

AIM and Hedge Funds