09/23/2016
Acorn Mortgages and Structura to merge
The Acorn Finance side of the Acorn Group will continue to trade as a separate company and to assist in the development of Structura.
Planet SOS
09/23/2016
€6 million allocation for investment by SMEs, start-ups
New scheme will offer financial loans at low interest rates for SMEs and start-ups
09/19/2016
MJ Hudson and Babbé team up in Guernsey
The arrangement does not involve a merger or change in personnel.
09/16/2016
Captives: For all companies, large and small?
Bermuda, Cayman Islands and Vermont together are domicile to approximately one third of licensed captives globally.
09/16/2016
Crosswinds forms Cayman specialty reinsurer
The carrier will act as a specialty reinsurer initially targeting the Florida P&C market.
09/15/2016
Jersey development to go ahead
To build the residential units, four commercial units, a community facility and almost 200 parking spaces
09/15/2016
New Cayman reinsurer launched
The new venture has been formed with an initial $200,000 regulatory capital contribution made by Crosswinds through a newly established fund structure, Crosswinds Private Equity Partners.
09/14/2016
Columbia Threadneedle kicks off Luxembourg expansion with offshore UK income fund
SICAV structure provides us with a vehicle to broaden our distribution and give investors access to an established and market-leading investment team
09/14/2016
Specialist financial services firm expands and rebrands
Established in 2007, the firm developed as a Cayman Islands-centric specialist in global fund launches, facilitating more than 150 fund launches and servicing clients across multiple jurisdictions.
09/12/2016
Hiscox to launch directly-collateralised reinsurance offering
The newly branded ILS unit at Hiscox will continue to provide capacity to Hiscox Re and the reinsurer will remain the primary contact for reinsurance brokers and clients.
09/12/2016
The Stock Exchange of Mauritius will be launching two new indices
The SEM-ASI will include the current constituents of SEMDEX but will also be comprised of foreign-currency denominated (USD, EURO, GBP and ZAR), GBC 1 and international companies.
09/08/2016
Ipes supports OpCapita in the closing of €350 million Fund II
Over the past 10 years, OpCapita has invested more than €450 million in businesses in the UK, France, Germany and Spain.
09/08/2016
Canada is key for Cayman captives
The Cayman Islands captive insurance industry continues to build its position within the Canadian market, according to IMAC.
09/05/2016
Blockchain payments start-up SnapSwap now an electronic money institution
The latter combines a mobile messenger with cross-currency transactions using blockchain.
09/02/2016
Philippines: Ayala exits BVI legal support firm Integreon
Financial details of all deals were not disclosed.
08/31/2016
Bahamas Govt Given Road Map To $2bn Pension Cuts
The Christie administration has been presented with two options, which it has yet to enact, to address the growing multi-million dollar public sector pensions deficit by KPMG.
08/30/2016
PRAXISIFM acquires Swiss-based fiduciary and accounting company
PraxisIFM has been looking to develop the Middle East market
08/30/2016
Why there will be more ‘for sale’ signs over insurance
Phoenix does not generate new business and its growth is dependent on its access to closed funds that were originally sold as policies to the public.
08/29/2016
M&A firm Phoenix to shut down Cayman holding company
Life company consolidator Phoenix Group plans to close its Cayman Islands holding company and set up a new operation in the UK.
08/25/2016
CDB, French agency in deal for Caribbean climate change funds
Caribbean countries are particularly vulnerable to the impacts of climate change, with our geographical location leading to high exposure to natural hazards.