Managers of Wealth Offshore

IQUW eyes continued growth in hard cat reinsurance book

Throughout the renewal, lower layers were more challenging to place than upper layers, as reinsurers are still wary of attritional perils and climate change.

IGI records higher profits for fiscal 2023

Return on average equity was 24.8 per cent for the full year of 2023 compared with 22.5 per cent for the full year of 2022.

PwC expects active insurance dealmaking in 2024

PwC said the challenging market environment creates a strong headwind for market participants to consider M&A transactions.

Replicating a British ISA in Malta

Exposure to such shares could be ideal for the large majority of retail investors

Macquarie forms Bermuda long-term re/insurer

The Bermuda Monetary Authority said it also licensed four special purpose insurers and one collateralised insurer.

Record results at Canopius: Bermuda and other territories all see growth

Despite this, it said, it recorded the strongest underwriting result in its history, which combined with solid investment returns.

WiRe names Scotland Courcy Woman of the Year

Scotland Courcy paid homage to her legacy as a woman of the African Diaspora

Empowering retail investors across the EU

The Retail Investment Strategy Package creates a more inclusive, transparent, and secure investment environment for retail investors

MSE Trading Report for week ending March 8, 2024

MSE Index closes off a negative week

Praxis launches The Full 24 in support of International Women's Day

With over 400 years of professional experience between them, the 24 volunteers will be donating their time as part of Praxis’ annual volunteer hours policy.

Bermuda’s Paysafe reports record revenue in 2023 fiscal year

In the fourth quarter of 2023, Paysafe reported revenue of $414.5 million

APS Bank posts strong all-round growth

Profits top a record €30 million

Hamilton rides investments to turn $126m profit after IPO

For the year, the company turned an underwriting profit of $129.8 million compared to a loss of $31.7 million in 2022.

MIA dividends at all-time high

Company record total dividend of €0.15 per share recommended for 2023; share price still 25% below pre-COVID record high

‘Our investment extends beyond sustainability alone’

Cazenove Capital has achieved the delicate balance of moving with the times while upholding the traditional values which are fundamental to maintaining and developing client relationships.

Lancashire to return ‘majority’ of 2023 profit to shareholders

The profit was driven by a 16.8% increase in gross written premium to $1.93 billion while insurance income increased 23.9% to $1.52 billion.

IQUW sees business rise 35% in 2023

The specialty and property re/insurer said its combined rating ratio was 80.9% in its third year in business.

Hiscox soars to record pre-tax profit

The company said its decision to deploy capital to its Bermuda Re & ILS subsidiary had paid off, as its pre-tax underwriting profit almost quintupled.

Juniper Re expands operations to Bermuda

Bermuda is a leader in the reinsurance industry and the largest supplier of catastrophe reinsurance to US insurers.

Why Guernsey and Jersey for private equity?

Entities can be structured in whatever way works best for the transaction.

AIM and Hedge Funds