Managers of Wealth Offshore

PB Group acquires 100 per cent of Thomas Smith insurance, logistics businesses

Acquisition in line with Group’s strategy for international growth and regional excellence

Report finds Guernsey housing costs more than anywhere else in Europe

The head of Guernsey's Environment & Infrastructure committee, who produced the report, says that housing underpins island life.

DARAG Bermuda completes two captive transactions

We are pleased to be able to meet that demand and further develop our relationship with the US self-insured market.

Marco Capital buys Kelvin Re

Humboldt Re, Marco’s 100% owned Guernsey subsidiary, is the acquiring entity.

Panama secures US$200mn from IDB for energy transition

The bank also gave its nod to technical cooperation funds to back Panama’s efforts to deploy solar distributed generation and micro-grids.

Pension reform for St Vincent and the Grenadines

These changes, he said, would allow the social security agency to be able to continue providing its essential services to the people of St Vincent and the Grenadines

Prominent Mosta branch is 25th in Malta’s fastest growing real estate network

Run by real estate professional Andrew Agius and his growing team of sales and letting advisors

St Vincent targets national insurance reform as early as next year

These changes, he said, would allow the social security agency to be able to continue providing its essential services to the people of St Vincent and the Grenadines

Palomar Re financial strength rating affirmed

The group has elevated reinsurance dependency, reflective of its catastrophe exposed risk profile with the strategic use of excess of loss and quota share arrangements to mitigate potential volatility.

R&Q credit rating downgraded

AM Best said it would keep Accredited’s ratings under review until after the sale of Accredited was completed.

A comprehensive CFO advisory partner

KPMG Malta strengthens its financial accounting service offering

Fidelity forms Bermuda long term reinsurer

The BMA also special purpose insurers Stabilitas Re and Mayflower Re, both of which are catastrophe bond vehicles.

Crestbridge’s institutional business acquired by Gen II Fund Services

The transaction is expected to close in due course following customary regulatory approvals.

JMMB expects interest rates to fall by year end, hopes to ease profit pressure

The company’s capital base also dipped over the course of the year, from $55.6 billion to $53.3 billion.

Gen II Fund Services Initiates Major European Expansion with Acquisition of Crestbridge’s Private Equity and Real Estate Fund Administration Business

Acquisition Will Expand Gen II’s Private Capital Servicing Capabilities in Key European Jurisdictions and Increase Assets Under Administration to More Than $1 Trillion.

AIM and Hedge Funds