Managers of Wealth Offshore

Assured Guaranty net income jumps 9%

The company benefited in the third quarter of 2023 when it recorded a $255 million gain from the sale of its asset management business.

BCCEC urges local businesses to innovate as Amazon introduces free delivery to The Bahamas

The BCCEC encouraged businesses to consider rate adjustments and enhancements to customer service, positioning themselves to compete effectively in a refined market environment.

Income up for White Mountains

That compares with $23 million and $224 million in the third quarter and first nine months of 2023.

Centralis Group Announces Acquisition of Admina Fund Services’ Business

Admina is an experienced provider of fund administration and corporate services based in the Channel Island of Guernsey.

Centralis Group acquires the business of Admina Fund Services

Admina is a provider of fund administration and corporate services based in the Channel Island of Guernsey.

Latest Jersey House Price Index figures show a fall in property transactions, turnover and price

Again, rental prices continue to decline and are noted at 2% lower quarter three of 2023.

Luxembourg alternatives firm Centralis in Guernsey takeover

Centralis has announced acquisition of Admina Fund Services

Hiscox makes 'solid progress'

It said the natural catastrophes were likely to bolster the positive outlook for January renewal rates.

RenaissanceRe reports Q3 net income of $1.17bn

The combined ratio was 84.8 per cent (2023 Q3: 78 per cent).

Financial analysis: Q3 performance of Malta’s retail banks

HSBC Bank Malta, Bank of Valletta and APS Bank plc’s performance in 2024’s first nine months

Bank of Valletta awarded FHRD Quality Mark for HR Excellence

Highlights the professionalism, competence, and contribution of the HR function

White Mountains bounces back in third quarter

Total expenses rose to $599.6 million from $498.5 million as loss and loss expenses for Ark and Outrigger rose from $265.8 million to $288.3 million.

Hamilton Q3 profit jumps 79.5%

The company’s international segment saw gross written premiums rise 5.9% to $325.5 million

EU funds in support of Malta’s Budget 2025: a strategic investment

Malta’s health, culture, transportation, environment, fishing and acquaculture among sectors to benefit from European funding next year

Guernsey property prices up in third 2024 quarter

Rental prices have continued to climb

AIG reports Q3 profit of $459m

That compares with $2 billion in the prior-year quarter.

Guernsey housing market shows signs of recovery, but supply shortages keep prices high

The difference between the maximum advertised prices compared with the final sale prices of Local Market properties increased this quarter.

Enstar acquires ILS re/insurer

This acquisition is our second transaction in the property ILS space in recent months

IGI triples net income in third quarter

Gross written premiums were $138.3 million for the quarter ended September 30, 2024

Insurance company Gard returns capital to membership

The move, the sixteenth year in a row it has returned capital, was announced by Gard’s board of directors meeting last week.

AIM and Hedge Funds