11/18/2022
Orion Re maintains AM Best ratings
Orion Re was founded in December 2004 and is licensed by the Bermuda Monetary Authority to act as a Class III insurer without restrictions of any kind in its class.
AIM and Hedge Funds
11/18/2022
AUM launches ILS Ocean Fund
The underwriting strategy for the fund will mirror that of the captive insurance company in which it is invested
11/18/2022
ILS Ocean Fund launched by AUM Asset Management to invest into Barbados captive
The ILS Ocean Fund will allocate its capital to insurance-linked securities (ILS) opportunities across geographies and insurance sectors, the company explained.
11/17/2022
Finance Department Fine-Tunes its Business Continuity Strategy
The pandemic showed us that without having proper planning when a disaster happens, we are ill-equipped and so therefore we want to ensure that our operations continue.
11/16/2022
Excellent ratings for Bermuda captives affirmed
The ratings affirm that Castle Harbour and Harrington maintain the strongest level of risk-adjusted capitalisation
11/16/2022
Jamaica: The Next ‘Investment Destination of Choice’
The Jamaican Government has approved a National Investment Policy that delivers a raft of initiatives that make it easier for both Jamaicans and foreigners to invest in Jamaica.
11/15/2022
How effective succession planning can maximise business success
The prevailing philosophy tends to be ‘live in the present’, but a better one might be ‘look to the future’.
11/15/2022
Guernsey's economy shows stronger post-covid recovery pattern
The statistics published in Guernsey last week showed that the island's economy had recovered well since the outset of the covid pandemic.
11/15/2022
Bermuda’s life sector on show at IAIS
Scotland Courcy and Dickinson held a number of meetings with a range of international stakeholders.
11/15/2022
Revenue collection up nearly $58 million for Q1 FY 2022/2023
Non-tax revenue performance improved by $3.7 million (4.9 percent) to $79.9 million supported by the receipt of $14.8 million in Hurricane Dorian proceeds,” the Ministry of Finance noted.
11/14/2022
World WellBeing At Work Week: Why workplace wellbeing is so important for Deloitte
It’s important to us to make sure that we offer a variety of activities for our people to try that focus on physical and mental wellbeing.
11/14/2022
IGI reports Q3 profit of $18.6 million
As we look ahead to 2023, we continue to closely monitor the broader economic effects of rising inflation and interest rates as well as foreign exchange movements.
11/14/2022
Enstar completes Argo deal
Argo will retain a loss corridor of $75 million up to $821 million.
11/14/2022
Guernsey Named European Domicile of the Year
The award tops off an excellent year for Guernsey’s captive sector, which this year marked 100 years since the first captive company was established.
11/11/2022
CBC brands Bermuda a ‘tax haven’ over Irving captive
The report published Thursday said F.M.A. then reinsured major risks to those vessels by paying lower premiums to a non-Irving reinsurance company based in Bermuda.
11/10/2022
Jersey Fiscal Policy Panel publishes Annual Report
The economy has recovered well from the Covid-19 pandemic with the number of jobs back to pre-Covid levels, vacancy rates high and unemployment low.
11/10/2022
More than $1.5 billion loss for Partner Re in first nine months
Hurricane Ian was a significant industry event, and the strength and resilience of our balance sheet allows us to remain a trusted business partner to our clients in times of need.
11/10/2022
AM Best affirms ‘superior’ ratings of AXA XL
Operating performance has steadily improved following elevated Covid losses experienced in 2020.
11/10/2022
Hamilton Reserve Bank Partners with Rosenblatt Global Advisors LLC to Offer Tailored Investment Solutions
Through a co-branding arrangement, Hamilton Reserve Bank’s large and rapidly expanding global customer base will access Rosenblatt’s broad and deep investment capabilities and decades of institutional excellence
11/09/2022
Profit for Guernsey Post amid challenging times
"However, as has been the case throughout our history, there is no room for complacency and our trading position this year is considerably more challenging, which is a direct consequence of Royal Mail worsening our contractual terms by £4m.&