Managers of Wealth Offshore

Insurance course could be career stepping stone

Abir president and chief executive John Huff said Abir sponsorship of this course is an important part of its members’ commitment to building a diverse and inclusive workforce.

SiriusPoint teams up with Nirvana Insurance

By collecting billions of data points from sensors and internet-of-things devices within trucks, Nirvana tailors its rates to individual fleets.

Arch subsidiary in cyberinsurance partnership

Cyber underwriter Arch Insurance’s partnership is with Upfort, a cybersecurity and insurance platform.

Bermuda reinsurance market forecasts stability in property, tightening in casualty for 2024: KBW

While there is some divergence in views on January 1 property catastrophe rates, the consensus points towards a steady market.

Vistra acquires Kroll Luxembourg manco

Kroll ManCo will be rebranded to Vistra at a later date.

Vacation Scheme: A Student's Perspective

The Vacation Scheme is a very good thing to do as it provided me with an insight into the reality of working life at a law firm.

Crestbridge teams up with Midnight to offer career advice to students

James has worked with Crestbridge for a number of years

RGA Bermuda subsidiary's rating affirmed

AM Best notes that mortality increased in 2020 and 2021 due to COVID-19, leading to losses in the individual life insurance segment.

Guernsey’s economy “grew strongly” in 2022

This is another year of healthy growth for Guernsey

Global Atlantic in $10bn reinsurance deal with Manulife

Global Atlantic said the company has established a 20-year track record, successfully completing more than 40 transactions with nearly 30 clients and reinsuring more than $140 billion of assets since inception.

Ravenscroft picks up two WealthBriefing awards

Each of these categories is highly contested and is subject to a rigorous process before the ultimate winner is selected by the judges.

FIMBank hosts corporate clients’ reception at the Corinthia Palace

Opportunity for management to interact with clients

Guernsey-domiciled Gresham House fund raises £450m to support sustainable infrastructure solutions

The fund is backed by twelve investors

Chubb’s Bermuda subsidiaries have ratings affirmed

The ratings of Chubb Bermuda also reflect the implicit support received from Chubb Limited, the ultimate parent.

Assured Guaranty insures $800m of bonds for JFK airport project

The bonds will be fully amortising after an initial interest-only period, with a final maturity in 2060.

BF&M turns $14m profit for first three quarters

Equity attributable to shareholders at 30 September 2023, was $293.4 million.

Signet reports higher nine-month net income

Signet reported GAAP operating income of $13.3 million for the third quarter of fiscal year 2024, down $35.1 million year-over-year.

Hawk Group and Sancus Lending launch strategic joint venture

The joint venture strategically aligns the collective strengths of Sancus and Hawk to capitalise on existing market opportunities and allows for the identification and maximisation of untapped potential.

Businesses fall short on climate strategy and action, despite advances in reporting

Despite agreeing to climate commitments, nearly half (47%) of those surveyed don’t disclose a transition plan to back these.

Bermuda companies adding reinsurance capacity, says Amwins

Amwins said facultative buying remains at “unprecedented levels, with reinsurers offering capacity as long as pricing parameters are met”.

AIM and Hedge Funds