Managers of Wealth Offshore

DARAG completes purchase of Hawaii captive

DARAG’s onshore infrastructure enabled us to complete this acquisition effectively and we are pleased to be able to consolidate further our leading position within the US self-insured market.

Resolution Re in flow reinsurance agreement with Japanese insurer

The agreement comes on the heels of Resolution Life’s 2022 reinsurance deal with Dai-Ichi Life, underscoring the company’s ambition to expand its footprint in Asia, which it says is a “core market for future growth”.

SRS expands European footprint

Mr Quinn, executive chairman, Robus Group said: “Joining a business that is renowned for its specialist insurance management solutions is the natural next step in the development of our business.

Validus acquisition pays off for RenRe as net income soars

The company’s combined ratio fell to 76% from 80.5% in 2022.

New Malta Development Bank chairman to focus on outreach

The bank will consolidate its inherent strengths by widening and diversifying its client base

Continued underwriting discipline vital after a ‘much more normal renewal’, Swiss Re’s Lot

The Swiss Re executive highlights the ongoing inflationary landscape, rising geopolitical tensions, and another year when insured losses from natural catastrophe events exceeded $100 billion.

FCM Bank ‘committed to help customers grow their wealth’

The interest rates offered surpass many other banks

James River’s Bermuda-based subsidiary dissolved

The withdrawal of the ratings previously assigned to Carolina Re, Ltd reflects the dissolution of the company.

AVLA raises $25 million to bolster entry into US market

The equity round included participation by DEG Invest, a subsidiary of the German development bank KfW, and Altra Investments, a private equity firm based in Colombia.

Fairway Benefits - Enhancing your work-life balance

This article explores how Fairway supports each colleague and ensures they have a rewarding and successful career.

BOV driving financial literacy and planning for customers

BOV Asset Management People Review – priorities for 2024

Everest launches private equity practice

The vertical will offer property and casualty product capabilities in addition to existing financial lines and transactional liability offerings.

GAPP joins GIBA

The pension sector is increasingly acknowledged as a ‘fifth pillar’ of the sector.

Share of firms reporting better business drops in fourth quarter of 2023: CBM

Firms planning to invest more decreased to 15% from 50%

Fund finance lending in Cayman, Luxembourg and Ireland: a practical checklist

The issues outlined in this chapter are not intended to be exhaustive.

Insurance sector predicting ‘exceptional’ year

Between October and December 2023, CIMA issued fifteen new international insurer licences

Conduit Re grows portfolio 38% at ‘very strong’ Jan 1 reinsurance renewals

Casualty premiums written declined 10% year-on-year to $101.4 million

AXIS increases prior year reserves by $425 million

This amount is equal to 4.5% of net loss reserves on September 30, 2023, the company said.

Lombard rebrands as Axcelus Financial

The new name and full rebrand follows last November’s acquisition of the company by an affiliate of BroadRiver Asset Management LP

TISE sets new records during 25th anniversary year

The year was also a major milestone in the development of the business with the launch and onboarding of the first client for TISE Private Markets.

AIM and Hedge Funds