Managers of Wealth Offshore

Future Centre Trust initiative donates over $250 000 to charities

One of the trust’s standout initiatives, Donation Nation, has made a substantial impact by donating over $250 000 to 16 charities last year.

Brookfield Infrastructure posts net income of $391m in FY24

That compares with $432 million in the prior year.

Ratings affirmed for James River Group

The outlook of these ratings is negative.

Guernsey Enterprise Investment Scheme completes successful first round of applications

Successful applicants are issued with a Certificate of Advance Assurance.

Economy chief in talks to build trade with France

He said: "Each of them was aware of Guernsey's decision to strengthen its links to France through Brittany Ferries.

Competitiveness Demands Innovation

More about the output of this project will become clearer in due course

US insurers favour Bermuda reinsurance solutions

Fitch analysts said public policy changes, worsening natural disasters and broader economic uncertainties will affect major sectors of US insurance.

Ariel Re’s third-party platform completes first capital funding

The company confirmed that ARCP, which has used Lloyd’s pioneering London Bridge 2 transformer vehicle that is designed to attract alternative capital into the market, closed in December after attracting its first tranche of investors.

SRS and Jireh establish Bermuda SPI Strata ILS

Tucci added: “The market has long been seeking a platform that provides high-quality execution and administrative service..."

Axis Capital reports net income of $1.1bn for 2024 fiscal year

Net premiums written increased by $655 million, or 13 per cent, to $5.8 billion.

Trends in Islamic finance across the Channel Islands

Our Islamic finance team boasts extensive experience in both traditional and Shariah-compliant financing techniques.

Finance facing significant headwinds but still much to be positive about

But recent analysis has shown the island’s economy is stagnant while Jersey, driven by significant growth in finance and particularly in its banking sector, is on the up.

RenaissanceRe reports $1.8bn net income for 2024 fiscal year

The company reported $2.2 billion of operating income available to common shareholders.

“We have so many positives”: Opportunities for Guernsey’s finance sector discussed at annual business update

Speakers highlighted opportunities for Guernsey across all pillars of the industry, including succession planning, private equity, and captive insurance.

Jersey Finance Announces Inaugural Sustainable Finance Summit

Towards the end of the week Jersey Finance will also announce the winners of its third annual Sustainable Finance Awards, which recognise the finance firms and individuals already making an impact.

AM Best downgrades credit ratings of Bermuda’s Berking Re

The agency said the company’s risk-adjusted capitalisation, as measured by Best’s capital adequacy ratio, is exposed to heightened potential volatility

Private equity and alternative funds are “top performers” in Jersey

Private equity and venture capital funds also demonstrated the most growth – a 9% increase compared to 2023 for funds with assets over $20bn.

NCB Capital Markets launches regional webinar series: Wealth Wednesdays

With a new U.S. administration in office, the session will provide insights into how the Trump presidency may influence gold, the U.S. dollar, and global markets, alongside strategies to navigate 2025 with confidence.

BOV rings the bell at the Malta Stock Exchange

Occasion marks listing of €100m 5% Unsecured Subordinated Bonds 2029-2034

Private equity drove Jersey’s fund growth in 2024, data shows

Private equity and venture capital funds maintained their dominance, achieving a 9% increase in net assets for funds with over $20 billion.

AIM and Hedge Funds