09/12/2022
Argo continues re-rigging for future
The company said that represents 1.16x price to tangible book value or 0.81x price to book value as of first quarter 2022, subject to closing-related adjustments.
AIM and Hedge Funds
09/09/2022
Apex Group expands North America presence with Prometa acquisition
In addition to the acquisition of Prometa, Apex Group will continue to target organic growth in Canada, expecting to employ 200 people by the end of 2022.
09/09/2022
New consultancy launches to improve customer experience
The aim of the new business is helping businesses to grow and thrive through the delivery of excellent customer experiences.
09/09/2022
Growth continues for CIBC FirstCaribbean
Delaney disclosed that the Dominica sale had hit a brick wall and the bank’s board of directors decided to shut down the operations on that island.
09/09/2022
Argo Group sells Lloyd's Syndicate
The sale of Argo’s Lloyd’s business is subject to customary closing conditions and regulatory approvals
09/08/2022
Matthew Carr to speak at BCC
It is the largest and longest-running industry event in Bermuda, attracting more than 800 delegates, with half from overseas, to examine trends in the global captive market.
09/08/2022
FinanceMalta continues to promote Malta as financial hub at international events
Plans to participate in several initiatives between September and December
09/08/2022
Crestbridge bolsters Hiro Capital relationship with extensive support for latest venture fund launch
The fund is Hiro Capital’s second venture capital fund in three years and will target early-stage games and Metaverse innovators across the UK, Europe and North America.
09/08/2022
IQ-EQ’s Ed Mehigan named in eprivateclient’s Top 35 Under 35
At 33, Ed already leads a team of eight as a senior manager in our Jersey business.
09/07/2022
Financial services activity bolsters government revenues
While securities and investment business licences generated $1.7 million less revenue than budgeted, this was more than offset by the positive variance of other fees.
09/06/2022
Kroll expands Channel Islands footprint with new Guernsey office
The opening of the new office, which is located in Saint Peter Port, coincides with the 10-year anniversary of Kroll’s Jersey presence in the Channel Islands.
09/06/2022
Funds success for Imperium
The number of funds domiciled in Guernsey is at its highest level in almost a decade at 855 funds.
09/06/2022
Trinidad and Tobago receives US$1.1 billion investment commitment from major methanol producer
Proman describes itself as one of the world's largest methanol producers, and a leading fertilizer producer globally, with operations and assets all over the world.
09/06/2022
TISE announces strong results for H1 2022
The management team has made good progress on delivering the strategy and I am confident that the business is well positioned to sustain future growth.
09/06/2022
Capital declined 11% in H1 2022: Gallagher Re
The most important driver, according to the report, is $78 billion of realised and unrealised investment losses due to the sell-off in fixed income and equity markets in the first half of 2022.
09/06/2022
Ocorian says Bermuda captive growth will continue
The number of captive formations nearly doubled in 2020, according to the most recent data from Marsh.
09/05/2022
Afreximbank to invest $700mln in Afro-Caribbean trade, new bureau
Trade between Africa and the Caribbean has been negligible despite historic linkages
09/02/2022
ABIR members report 21% rise in net premium written
Net premiums written benefited from market growth and improving underwriting conditions with an expectation of additional progress in 2022, ABIR said.
09/02/2022
Four ways to transform Africa-Caribbean trade
A century after the end of the transatlantic slave trade, Garvey saw how Black economic empowerment through international trade could be a real pathway to freedom.
09/02/2022
GraceKennedy to acquire Scotia Insurance Caribbean
SICL will be the newest member of the GraceKennedy Financial Group