Managers of Wealth Offshore

Hard reinsurance market should last, says AM Best

The report came after AM Best raised its outlook for reinsurance earlier this year to positive from stable for the first time in its history.

Commonwealth Bank posts $34.1M profit for first half of 2024

During the quarter, the Board of Directors approved a regular quarterly dividend of $0.03 per share

Famguard Corp reports $4.1M profit for first half of 2024

Net investment income for the period totaled $8.8 million

Financial analysis: Banks' price-to-book multiple

BOV and HSBC reporting much healthier return on equity following the change in the interest rate environment

Euromoney recognises Scotia as best bank for 2nd consecutive year

This award reflects the dedication and hard work of our team

Hargreaves Lansdown sale confirmed

The deal was reportedly agreed earlier this week, with the buyers said to be CVC Capital Partners, a Luxembourg based private equity and investment advisory firm.

Unrealised investment losses knock Aspen profit

That offset a 16.7% rise in gross written premiums to $1.25 billion, although underwriting income dropped 6.6% to $80 million.

Large losses drive down Fidelis net income

Our position as a market leader focused on short-tail specialty lines is enabling us to deliver attractive growth and create value for our shareholders.

Ariel Re employee scores top mark in London market exams

Darling has been at Ariel Re since 2020, when he started work in its London office as a software developer in portfolio management. He was promoted to AVP from senior analyst in March, 2024.

CIIPO notes steady growth in intellectual property protection

CIIPO also has undertaken several outreach initiatives to enhance the local understanding of IP rights.

BF&M, Argus announce leaders of proposed combined entity

The organisations said the team was carefully selected by the directors of both companies, bringing together talented executives from each organisation.

Housing study to look at downsizing problems

Deputy Lindsay de Sausmarez, Environment & Infrastructure President, said they want to break the “logjam” to get people into smaller, more manageable and affordable homes, quicker.

Hiscox Re & ILS records first-half profit before tax of $86.5m

Hiscox said the overall growth rate had reduced at subsequent renewal periods

RiverStone to provide LPT for QBE subsidiaries

This agreement marks a significant milestone in our acquisition strategy and considerably strengthens our Bermuda operations.

BNF Bank reports solid performance in H1 2024

Results fuelled by strategic investments in technology

QBE agrees second LPT with Enstar

Enstar announced last month that it was being bought by private equity investment company Sixth Street and other investors for $5.1 billion.

Canopius net income jumps 53%

Strong revenue growth, lower expense ratios

White Mountains takes loss as media subsidiary's value falls

Average book value per share was down 1% in the quarter

Hamilton combined ratio drops to record low

The Bermuda segment saw GPW rise to $291 million from $227 million while underwriting income more than doubled to $45.8 million

Lancashire hits record first half net income

Across Lancashire we have committed people who are the foundation of our strong, positive culture and commercial success.

AIM and Hedge Funds