Managers of Wealth Offshore

Bermuda Realty honours top performers

Mr Birch received his award from president and chief executive officer Brian Madeiros during the company’s annual meeting at the Royal Bermuda Yacht Club.

Kendaree Burgess to appear on Citywealth Forum panel

Citywealth is an award-winning media and events company for the global wealth management industry.

BOV relaunches its Monthly Investment Plan

Plan aimed at helping people invest small amount regularly

Financial analysis: PG’s revenue approaches €200m

The strength of the two large discounters in Malta should not be underestimated

Bermuda cyber insurance GWP jumps 64%

Incurred losses on the other hand remained stable at $1.2 billion aggregate in 2022, with reinsurance policies contributing nearly 50% of the total.

HSBC shares plunge 18% after bank indicates possible Malta exit

Bank loses over €100m in value; APS Bank shares surge on talk of acquisition

Average wage levels could ‘hide’ poverty figures, says finance expert

The figures showed the average basic earnings a month on the islands, including overtime, was $4,679.

HSBC Bank announces 'strategic review' of its Malta shareholding

The bank is one of Malta's biggest financial players

Carrick buys two captive insurers

Bermuda-based Carrick said its subsidiary Carrick UK Holdings Company had agreed with pharmaceutical company Bristol-Myers Squibb to acquire BMS International Insurance DAC and Seamair Insurance DAC.

Bermuda urged to promote its captive market

The island pioneered the captive concept in the 1960s, and now lists more than 600 captives writing more than $30 billion in gross premiums annually, with assets of more than $142 billion.

Cayman hits record 30,000 registered investment funds

CIMA Managing Director Cindy Scotland said there were several reasons for the popularity of Cayman’s investment funds framework with investors.

Fund registrations in Cayman reach 30K milestone

Cayman Finance CEO Steve McIntosh indicated this milestone speaks to the enduring quality of the Cayman product.

Brit’s profits up at half-year mark

Insurance premium written decreased to $1.96 billion from $2.02 billion in the first half of 2023.

Aon targets growth in Bermuda reinsurance

Aon said it is adding five new staff to its Bermuda team subject to immigration approvals and expects to add more staff thereafter.

Islefact impact and risk service launched

Having a diverse economy is always advantageous for an island.

IoD Jersey 2024 Director of the Year Awards finalists announced

Alex Ruddy, Chair, IoD Jersey, said: “This year’s finalists prove that Jersey’s leadership talent is thriving across all areas of the economy."

Launch of Reckon Financial Services Promises Disruption in the Sector

The Jersey headquartered company, which received its Trust Company Business licence during the summer, has been co-founded by Alfie Greenway and Jim McCartan.

Alternatives Watch: A Proactive Approach

It focuses on statistics that point to the rebalancing away from traditional collective investment vehicles

US, Bermuda reinsurers expected to continue strong performance in 2024

Significant realized and unrealized investment gains and higher net investment income also contributed to strong net earnings in 2023.

Law At Work acquires Insight Limited

The Insight team have joined LAW at their offices in Seale Street.

AIM and Hedge Funds