10/03/2023
Groundbreaking risk transfer mechanism to transform disaster response launched with Guernsey support
Paul Hodgson, his team and Tom Lees from Butterfield Guernsey also provided support around a trust structure.
AIM and Hedge Funds
10/03/2023
Alternative fund managers are most influenced by ESG when making fund investment decisions
Its study found almost all (98%) alternative asset managers agree that it will become harder to launch new funds unless they have a strong ESG focus.
10/02/2023
Aegon clears first hurdle for move to Bermuda
That was necessary because Dutch law does not facilitate a direct transfer of a legal domicile to a country outside of the European Economic Area.
10/02/2023
Ascot Bermuda expected to drive growth for parent company
“Both are integrated fully within the group’s operations and management with Ascot US supported by a net worth maintenance agreement.”
10/02/2023
American Overseas produces $1.2 million turnaround
The strong second quarter followed a doubling of net income in the first quarter.
09/29/2023
IQ-EQ shortlisted in Private Equity Wire and Hedgeweek European Emerging Manager Awards 2023
The awards ceremonies take place in London on 8 and 9 November respectively.
09/29/2023
Nascent Group merges with Bermuda Compliance Consultants Ltd
Mr Perez said Ms Morrison shared the Nascent Group’s philosophy of innovation, teamwork and responsive customer service.
09/29/2023
How Alderney expects to turn £500,000 deficit into surplus next year
Alderney has also committed to a contribution of up to £3.5m to the costs of the airport regeneration project
09/29/2023
Jersey Finance Hosts Event to Help Islanders ‘Reconnect’ with Careers in Finance
There will be an opportunity for questions, and breakout areas for one-to-one discussions with members of the industry who have diverse roles and backgrounds.
09/29/2023
R&Q suffers $53 million loss on jump in adverse developments
For the group, gross premiums written rose to $1.09 billion from $807.3 million and net premiums earned were $81.5 million compared to $33.5 million a year earlier.
09/29/2023
Benefits of Jersey companies for UK & US listings
YouGov and CRH are among other UK firms reported in the business press to have been wavering between London and New York with high profile listings on LSE being at a premium since the heady days of 2021.
09/29/2023
Brookfield completes $13.3bn Triton acquisition
“Brookfield Infrastructure is an ideal partner for Triton’s next phase of growth.”
09/28/2023
AM Best upgrades Lombard International’s under review status
The ratings also apply to its subsidiaries.
09/28/2023
Vantage Group extends pollution insurance offering
Vantage environmental coverages are written on a non-admitted basis nationwide and will be available as primary or excess coverage.
09/27/2023
Hiscox sells DirectAsia subsidiary to Thai group
In 2016, Hiscox sold the Hong Kong division of DirectAsia to Well Link Group Holdings.
09/27/2023
States finances 'better than expected'
Deputy Mark Helyar, vice-president and treasury lead for the policy and resources committee, said his department was asked for an update on the year’s financial performance so far.
09/27/2023
Ratings upgrade for Ally Insurance members
The outlook of these credit ratings is stable.
09/26/2023
Local trust company steps up to win global award
Meritus Trust, which also won the award in 2015, said in a statement afterwards that it was “thrilled to announce its recent triumph”.
09/26/2023
James River Group subsidiaries sell workers’ comp business
James River said it would not sell any insurance company entities as part of the transaction
09/26/2023
Everest offers travel accident insurance
Everest Business Travel Accident Insurance supports a diverse range of travel needs