07/11/2023
Brookfield Re share price improves
The shares dropped to $31.83 when Brookfield announced its bid on June 27 before recovering and then fell back to $31.91 after announcing the bid had been accepted.
AIM and Hedge Funds
07/11/2023
Essent Group completes $100m acquisition of title insurers
The purchase, which was carried out by Essent US Holdings from FoA subsidiary Incenter, was previously announced on February 2, 2023.
07/11/2023
Helen of Troy net income declines by $2 million year-over-year
Consolidated gross profit margin increased 380 basis points to 45.4 per cent, compared to 41.6 per cent.
07/11/2023
Labuan IBFC Inc. participates in market development seminar organised by CCB
The Centre was joined by key personnel from leading banks at the seminar which was organised by China Construction Bank (CCB) Shanghai and CCB Labuan.
07/11/2023
Apex Group appointed by PAPE Fund Managers
Apex Group’s experienced local team will provide Fund Accounting, Investor/LP servicing, Cash Management and Regulatory Reporting solutions.
07/11/2023
Fund launched for environmental projects in Guernsey
It aims to support local organisations that are actively working to minimise their own or the community's impact on the environment.
07/10/2023
NZIA pulls back on required emissions reduction
The change in tack follows a tumultuous few months for the UN-convened programme that was launched at the G20 Climate Summit in Venice in 2021.
07/07/2023
Maldives' usable reserve drops to USD148 million
While the state's usable reserve has fallen to USD 148 million this year, it had fallen to USD100 million in August last year.
07/07/2023
Record cat bond and ILS issuance
Mr Adderley was sceptical of industry talk of rate softening in the reinsurance market.
07/07/2023
Bahamas ‘not tapped out’: FDI inflows at $1.3bn high
FDI increased slightly from $1.185bn in 2021 to $1.255bn, reaching the highest level since 2017.
07/06/2023
Lenders asked to support Islanders facing mortgage increases
Options could include extending the term of mortgages to reduce monthly payments
07/06/2023
Financing Renewable Energy Projects in Saint Kitts
The goal is to generate 35% of the country’s energy from renewable sources by 2025, and 60% by 2030.
07/06/2023
Orchard receives national Mark of Excellence
The firm's growth and success is attributed to the agency’s strategic framework
07/05/2023
Eiffel Re catastrophe bonds listed on BSX
A statement on the BSX said the series 2023-1 class a principal at-risk variable rate notes due on January 19, 2027 are valued at €150,000,000 or $163 million.
07/05/2023
Cork Gully expands Channel Islands footprint with new Guernsey and Jersey offices
The firm advises public and closed companies as well as investment funds in financial distress.
07/05/2023
US life insurer accepts Brookfield Re buyout
Brookfield Re said it expects to maintain AEL’s headquarters in Des Moines, Iowa
07/04/2023
SiriusPoint and Compre complete $1.3bn loss portfolio transfer
It demonstrates decisive and continuing execution against our strategic priorities of simplifying our business, reducing future volatility, and improving the profitability of our company.
07/04/2023
R&Q Insurance posts pre-tax operating loss of $33.3 million
The company said the result was impacted by $32 million of adverse development and the transition to a fee-based revenue model at R&Q Legacy.
07/04/2023
Maximising efficiency and profitability
The benefits of a Cloud Unified Commercial Environment (POS)
07/04/2023
'Strata' Property: What are they and how do they work?
In the Cayman Islands, a strata property refers to a specific type of ownership where the individual units within a larger building or development are owned by the buyer.