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08/03/2016

SPECIAL: Greenlight Re boss heralds new chapter despite more losses and criticism of business model

Greenlight Capital Re, a property/casualty reinsurer based in the Cayman Islands, reported a net loss of $63 million for the second quarter – exceeding the $39.6 million it lost in the same period in 2015.

08/02/2016

Greenlight Capital Re reports 2Q loss

Greenlight Capital Re shares have climbed 13 percent since the beginning of the year.

08/01/2016

Aramex founder sells entire stake to Boson Ventures

Aramex said last week that it recorded a 24 per cent growth in net profit for the first half of this year to Dh222.5 million.

07/27/2016

Portland JSX Funds Back Bermuda Bank Investment

PJSX, a start-up equity fund, reported its set of quarterly financial results last week

07/26/2016

ILS market returns could be hit by further natural catastrophe losses

Speaking at the Guernsey-hosted ‘ILS Insight’ masterclass in Zurich earlier this month, Des Potter, Head of GC Securities, EMEA,

07/26/2016

Universal Partners to list on AltX and then seek investments

This marks a departure from Ethos Private Equity, which is listing a separate vehicle, Ethos Capital Partners, to give mass market investors access to new and existing funds.

07/26/2016

Seychelles assumes chairmanship of Afrexim Bank for one year

Seychelles hosted the Afreximbank’s 23rd Annual General Meeting last week with around 500 delegates from the continent attending.

07/25/2016

Premier wants fresh look at relations with UK

The political leaders also discussed plans for their annual Joint Ministerial Council (JMC) meeting in the United Kingdom later this year.

07/22/2016

Seychellois businesses showcase products to investors from African continent

Three key areas were addressed at the forum: investment opportunities in the blue economy, the future of the financial services and focus on regional trade relations.

07/21/2016

Mr Pippa's hedge fund and a string of City scandals: James Matthews' firm admits losing thousands after backers were shut down while also facing lawsuit in the US

Last year the firm admitted losing tens of thousands of pounds after its Cayman Islands bankers were shut down by the US government.

07/19/2016

R&Q boosts portfolio Bermuda with acquisition of captive

The lines of business it covers include workers’ compensation, general, commercial auto, inland marine, property and auto liability exposures.

07/19/2016

EU watchdog backs 'passport' for U.S. hedge funds in Europe

ESMA recommended the EU took action to "mitigate this risk.

07/19/2016

Owners Of Scots Whisky Giant Named In Panama Papers

Whyte and Mackay Limited’s last annual accounts show it paid £172,000 in income tax in 2015 on pre-tax profits of just over £24 million.

07/19/2016

U.K. Hedge-Fund Brexit Concerns Eased by EU Access Opinion

The guidance may give encouragement about access following Brexit for funds in the U.K.

07/18/2016

Patricia White Shortlisted for ‘Woman of the Year: Business Growth'

This will be the fourth Powerwomen Awards, a programme to champion women in the wealth sector and celebrate female leadership and wider diversity.

07/15/2016

Luxembourg approves Reserved Alternative Investment Fund vehicle

Luxembourg managers will therefore have a choice, depending on investor preference.

07/14/2016

Guernsey to stage insurance forum in London

The first session will focus on structural innovation in the marketplace and centres of excellence.

07/13/2016

Centaur opens new office in Bermuda, headed by industry veteran

The Bermuda office will be headed by Marc Weaver, who brings 15 years’ experience in the fund administration industry.

07/12/2016

Aon Insurance clinches Trading Risk award

Aon Insurance Managers provides a full range of global management services to all types of ILS and structured insurance vehicles.

07/11/2016

U.K. Hedge Funds Look to European Watchdog to Ease Brexit Fears

The opinion will be closely scrutinized by London-based fund managers because it could become a template for when Britain exits the EU.

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