Managers of Wealth Offshore

Australia:Bermuda-headquartered Everest launches operations Down Under

The business will operate under the name Everest Insurance Australia with offices established in Sydney and Melbourne.

Conduit posts almost 30% Q1 growth in as rates remain ‘historically favourable’

It noted that it is seeing growth across all segments, benefiting from new business, high retention and the underlying growth of renewal business, coupled with improving rates.

Aztec Group Launches AIFM Service

The addition of AIFM services significantly strengthens Aztec’s proposition.

Brookfield Re turns $337m profit in first quarter

The company said the premiums and other policy revenue rose to $1.6 billion from $897 million.

Guernsey trusted location for pension scheme longevity swaps

Guernsey is a popular European domicile for many UK defined benefit (DB) pension scheme longevity swaps, according to Christopher Anderson, partner at law firm, Carey Olsen.

Everest launches into ‘ripe’ Australian insurance market

The business will operate under the name Everest Insurance Australia with offices established in Sydney and Melbourne.

Hubbis and Transamerica Life Bermuda Release a New and Comprehensive Guide for Financial Advisors on High-Net-Worth Life Insurance

This comprehensive guide offers a wealth of knowledge and practical insights aimed at enhancing the advisory capabilities in the niche field of high-net-worth (HNW) life insurance.

Mosaic offers professional liability products for engineers

It said the new form offers a dedicated product, with core coverage of professional liability, plus enhancements such as pollution, public-relations costs, and mitigation.

CheckYourTraders announces exclusive partnership with Creditinfo Malta

Aims to provide a tailored solution to the common problem of debt recovery

Re/insurance growth shores up Bermuda credit rating

A Bermuda Government statement said S&P's sector report predicted Bermuda’s economy is on track to continue growing.

'Vitals saga threatens Malta's reputation and foreign investment': SMEs Chamber

Survey lists good governance, overpopulation, inflation and corruption among top concerns

Assured Guaranty net income jumps by 35%

Overall, the company cut expenses by $24% or $40 million to $125 million

New life and annuity reinsurer AeCe Isa Ltd sets up in Bermuda

“Our focus on serving Middle America, the most underserved segment of the market, will be enhanced by the added capacity AeCe provides.”

James River takeover talks 'on pause'

Joseph Brown told analysts on Global Indemnity's first quarter earnings call that the specialty insurer had had "conversations" with James River but there were no talks at the moment.

White Mountains profit climbs 31%

Ark increased gross written premium of $872 million in the quarter compared to $809 million in 2023 while the combined ratio was 94%, on par with 2023.

Jersey Finance showcases industry expertise in South East Asia

The series began with an event entitled ‘Spotlight on Funds: Recent Trends in Virtual Assets’, hosted in partnership with KPMG in Singapore.

Financial analysis: Functions of a capital market

Capital markets are essential for supporting innovation and long-term economic growth

Agam and 26North collaborate on second Bermuda life re/insurer

AeCE ISA will reinsure single premium deferred annuities written by National Life Group’s Life Insurance Company of the Southwest.

Blackstone exits Hamilton Insurance investment

The Company expects to close the repurchase transaction tomorrow subject to customary closing conditions.

Brookfield Re's new subsidiary gets ratings upgrade

American National Insurance Company’s A rating has also been reaffirmed, with credit watch removed following the completion of Brookfield Reinsurance’s acquisition of AEL.

AIM and Hedge Funds