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08/25/2017

Russia's Otkritie sells stake in Cyprus bank

Otkritie bought the stake in RCB in 2014 through a $124 million additional share issue.

08/25/2017

Novae closes US D&F operations in Bermuda

The resident manager for the Bermuda office is Philippe Chevereau, who is also head of international property cat reinsurance.

08/21/2017

BVI Capital Economics Study and History of International Trade Vindicates Offshore Centre

For companies trading and investing across borders, meaningful consideration must also be given to the efficiency of corporate structure

08/16/2017

PCCW OTT gets new strategic investors

PCCW Media will remain as the controlling shareholder of PCCW OTT.

08/16/2017

Vistra Shortlisted for 2017 Fund Services Awards

The Awards scheme is administered by Incisive Business Media.

08/15/2017

BVI Sotheby’s Introduce Three Incredible Properties

Each of these properties is a recent arrival on the market.

08/14/2017

Qatar Insurance to list subsidiary on stock exchange

Qatar Insurance Company (has announced it plans to list subsidiary Oman Qatar Insurance shortly.

08/14/2017

Sagicor income rises by 21% in first half

Net premium revenue stood at $340.1 million, which was $21.3 million higher than the year before.

08/11/2017

Investors wary of ‘disastrous’ deal to save stricken IoM fund

The minimum investment was $50,000.

08/10/2017

AGER Bermuda to acquire Aegon Ireland

The transaction is expected to close by the first quarter of 2018, subject to regulatory approvals.

08/10/2017

Seychelles issues new bonds at up to 7 pct interest to attract investments

A bond is a debt security and is issued to raise money from investors willing to lend money for a certain amount of time.

08/08/2017

Generali signs $172m agreement to sell Panama business

We are making good progress in the optimization of our geographical footprint

08/04/2017

London firm opens up successful Helford Global I Fund to professional investors

The fund, a Cayman AIF, was re-launched just over two years ago with seed capital from Helford’s partners.

08/04/2017

Jersey's sovereign credit rating maintained

The rating committee agreed that the updated information confirmed that all key rating factors were unchanged.

08/03/2017

Reinsurer Beechwood sold following hedge fund woes -source

Beechwood, which managed $2.4 billion in assets in 2015, has said it had minimal exposure to New York-based Platinum funds

08/02/2017

Altair opens office in Guernsey

They plan to add to the team in due course.

07/31/2017

Guernsey fund's takeover believed to be first of its kind in UK

It was completed via a Guernsey scheme of arrangement.

07/26/2017

Taymouth Castle owner revealed as UAE offshore firm

It is one of around 8,000 companies which has invested in the Ras Al Khaimah Free Trade Zone, about an hour’s drive from Dubai.

07/18/2017

Ocorian to Acquire Funds and Corporate Services Provider

The MAS team will continue to work closely with Ocorian to ensure a seamless integration.

07/17/2017

Intertrust Acts as Administrator on US$ 300 Million

The new fund, Medicxi Growth I will fill a clear late-stage funding gap in Europe by offering financial support to life sciences entrepreneurs.

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