Managers of Wealth Offshore

Money market report for the week ended March 14, 2025

Information on ECB monetary operations and the domestic Treasury bill market

LOM Financial reports strong 2024 earnings growth

Revenue growth in both the asset management and broking divisions, alongside gains on securities held, drove the increase.

Miami International Holdings Announces Offer to Acquire The International Stock Exchange

The recommended cash acquisition recognises the strength of the business

ILS market achieves record growth in 2024

The growth was fuelled by retained earnings and new capital inflows, with catastrophe bonds leading the expansion.

Sylvia Oliveira has seen life insurance explode in Bermuda

Meanwhile, her industry itself has exploded in Bermuda.

Guernsey’s clearing banks join forces to support Guernsey Community Savings

Without a bank account, it is very hard to find employment or accommodation.

Frank Salt Real Estate celebrates ‘outstanding success’ in 2024

Homes of Quality wins title of ‘Branch of the Year 2024’ at awards ceremony

Prepare for radical change, says insurance executive

With a rapidly advancing AI, he also warned that people in the industry should be prepared for radical changes in their day jobs.

Partnership to advance insurance education

The partnership promotes the programme and elevates insurance as a career path.

Bahamian insurers have financial strength affirmed

The outlook for all Coralisle Group credit ratings was ‘stable’. CG is a holding company of Edmund Gibbons Limited, the group’s ultimate parent.

APS Bank PLC registers pre-tax profit of €23.8 million

Bank posts its strongest ever "all-round growth", despite reduction in pre-tax profits

Leading real estate professional proposes new permanent residency model to drive prosperity for Bahamians

“It’s the Permanent Residency through the Start-Up Visa Program, which has already proven successful in other countries.”

Resolution Life secures reinsurance agreement

The Bermuda-based re/insurer, which is in the process of being bought by Nippon Life in a deal valuing the business at $11 billion

Praxis partners with RAKEZ and Equevu

The partnership introduces the Middle East Workplace Savings Scheme (MEWSS) to RAKEZ businesses, offering a structured savings plan that enhances employee financial wellbeing and strengthens retention.

Guernsey Finance receives members of Kenyan delegation

James confirmed that Guernsey has four trips planned to Kenya in 2025 to continue to build on the positive relationship between our geographies.

Maples releases fund finance statistics from deals in 2024

Maples Group said the data is based on consistently high activity levels throughout the year and terms across hundreds of deals.

JTC’s Growth Trajectory Recognised in Major Listed Business Awards

The shortlisting comes after JTC recently published its latest trading update

JTC Announces Partnership With Novata To Support Sustainability Services Growth

The partnership combines JTC’s existing and rapidly growing Sustainability Services practice

Financial review: BOV share price hits the €2.00 level

Bank of Valletta plc was today’s most actively traded equity

Strong profitability for Skipton International in 2024

Skipton is renowned for its Community Fund, helping smaller charities and good causes across the Bailiwicks.

AIM and Hedge Funds