Managers of Wealth Offshore

Guernsey professionals advise on €310 million fund deal

The Carey Olsen Guernsey corporate team advising Gyrus comprised David Crosland, senior associate James Cooke and associates Claire Cooke and Bhavik Mehta.

RenRe plans to run off AlphaCat

“We expect to run off this business over a period of time.”

Mosaic Insurance launches suite of specialised products

“Our approach ensures all their needs are met in one place by one insurer.”

Toly’s CEO Andy Gatesy wins EY Entrepreneur of the Year for Malta

FreeHour’s Zach Ciappara receives EY Rising Star award

Captive manager launched in Guernsey

The announcement comes at the same time as Marco Capital has rebranded its recently merged Guernsey subsidiaries, Humboldt Re and Kelvin Re, to Marco Re.

AM Best upgrades Fidelis outlook to stable

This entity would see key executives from Fidelis moved to this new entity, and risks of its acceptance into the market.

Jersey businesses join CBO Projects to celebrate launch in Jersey

Guests were also invited to ‘top-up’ CBO’s contribution at special donation points around the event.

AM Best: insurers expanding existing footprints in Bermuda

On the part of professional insurers there’s the possibility of capital efficiency by reinsuring business to Bermuda.

Mosaic offers $25M in customized coverage for asset managers

This is another great example of Mosaic’s cross-team collaboration

New independent captive manager launched in Guernsey

Polo Insurance Managers, backed by turnkey managing agency PoloWorks, has received ‘approval in principle’ from the Guernsey Financial Services Commission (GFSC).

Fidelis closes new cat bond

Fidelis has the option to renew the Series 2024-1 Notes on an annual basis, up to a maximum of four complete annual risk periods.

JTC wins European award for Private Debt Solutions

The Private Equity Wire European Awards recognise excellence among private equity emerging fund managers

CBO Projects celebrates multiple exam success

Camilla and Lisa have shown great dedication to their practice

Private ownership of life re/insurers may affect credit ratings, says Fitch

The IMF reported particularly noted the growth of the life re/insurance sector in Bermuda, which now manages $1 trillion of assets - 4% of the global pension market.

Enstar reports $2 billion turnaround for year

Fourth quarter returns were driven by an investment return of $463 million

Conduit Re jumps to first annual profit

Conduit Re clearly benefited from the tightening of terms and conditions embedded in the 2023 reinsurance market reset.

SiriusPoint: 2023 ‘marks the end of restructuring’

We have made significant progress against these objectives in 2023.

Guernsey’s insurance sector positively impacts UK economy

According to the report, UK FTSE 100 companies may collectively save almost £100 million per year by using Guernsey captive insurance structures.

Isle of Man Budget 2024’s vision for a financially sustainable future

Government revenue spending for 2024-25 is budgeted at £1.3 billion, representing £16,343 for every person on the Island.

Investec announces partnership with STEP Jersey

STEP Jersey Chair Stephen Alexander said: “We’re delighted to have Investec on board as our sponsor."

AIM and Hedge Funds