12/19/2022
AM Best affirms rating of Everen-owned OSL
AM Best said the rating reflects OSL’s strategic importance to its parent company
AIM and Hedge Funds
12/19/2022
Jersey Electricity ready to support France amid European energy crisis
In the spirit of co-operation and unity, we stand ready to run La Collette Power Station to generate energy to support our strategic partners should this become necessary.
12/16/2022
Athora completes third capital raise
The capital raise has been conducted as a private placement of common equity securities.
12/16/2022
Qatar and Antares Re in rating downgrade
The ratings reflect QIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
12/15/2022
Ocorian's Gold Excellence winners
In particular, our gold award is presented to our team members who consistently uphold all three values.
12/15/2022
Cayman National wins Bank of the Year
“Its advances in gender equality is highly commendable, as now 42% of the bank’s leadership roles are held by women.”
12/14/2022
Argo investor backs down in push for new directors
“Argo has a highly qualified, fully engaged and significantly refreshed Board, and we will continue to take actions to maximize value for our shareholders.”
12/14/2022
Bermuda crypto insurer Evertas raises new funds
Individual investors include Balaji Srinivasan, Andrew Keys, Colleen Sullivan, Tom Howard, Patrick McDonald and David Roebuck.
12/13/2022
Moody’s affirms ratings for Aspen Insurance
The existing adverse development cover purchase by Aspen from Enstar, which closed in June 2020, has been absorbed into the LPT.
12/12/2022
UAP completes acquisition of Alltrust Services
The joint administrators and Alltrust do not anticipate there will be any interruption to the services previously provided by RPPL.
12/12/2022
Munich Re to launch behavioural rating services platform
Leveraging our joint data resources and analytic expertise, we will continue to expand our data inventories and finesse the model algorithms.
12/09/2022
Brit Re maintains excellent credit ratings
The ratings agency said Brit Re’s very strong balance sheet strength is supported by historically profitable underwriting results and manageable premium growth, which has derived mostly from premium rate increases.
12/08/2022
Argus posts H1 profit of $26.3m
07-12-2022 Argus posts H1 profit of $26.3m Alison Hill, CEO, The Argus Group More on this story Argus unveils sustainability report 31-10-2022 Argus posts annual net profit of $26m 22-06-2022 Other related Government spokeswoman joins Argus 17-12-2021 Ar
12/08/2022
Bryan named Caribbean Tourism Minister of the Year
Alexander Britell, editor and publisher of Caribbean Journal, congratulated all awardees, saying, “You have received the highest annual honors in all of Caribbean travel and your work is at the pinnacle of Caribbean excellence.”
12/08/2022
UN: Bahamas FDI inflows reached five-year high in 2021
This result was mainly due to 67 percent growth in intercompany loans, which were the largest component of FDI for the second year running (67 percent),” the report notes.
12/08/2022
Revenue rolls in but public spending set to increase
Actual revenues have run higher than expected all year, with the government racking up almost $54 million more than expected for the public purse.
12/08/2022
Guernsey IoD launches Next Gen Forum to support future generation of leaders
It is anticipated that the Forum will serve professionals in managerial roles who will move into director roles in the next two to five years.
12/08/2022
Roadmap for a green hydrogen economy in Trinidad and Tobago
The roadmap identifies offshore wind technologies as the best renewable energy source available in Trinidad and Tobago in the production of green hydrogen.
12/07/2022
Old Mutual International Guernsey sold for £3.6m
Acquirer eyes further deals to hit its $2bn AuM target by 2025
12/07/2022
FTX-exposed Relm Insurance remains committed to digital asset sector
Mr Ziolkowski added: “Unquestionably, this has been a difficult period in the digital asset industry, especially relating to FTX, Alameda Research and their affiliated entities.