US Southport Lane acquires Cayman Islands reinsurer
Southport Lane, a New York-based private equity firm, has acquired Redwood Reinsurance SPC, Ltd., a Cayman Islands-based reinsurer that provides treaty reinsurance for workers compensation and general liability insurance in the United States. Terms of the transaction were not disclosed….
Greenlight Capital Re appoints Drake as Vice President, Business Development in the Cayman Islands
Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer, today announced the appointment of John H. Drake, Jr. as Vice President, Business Development. He will be responsible for maintaining productive client and broker relationships while also identifying attractive…
Footballer dies after collapsing during practice
Further to the CITN/Cayman27 report on their “Daybreak” show Wednesday (13) that a Bodden Town football player died after collapsing during a practice. Police have now confirmed a 20-year-old man collapsed at Hague Bodden football field in Bodden Town last night…
The Editor Speaks: PAC will meet to discuss Aud.G’s reports
I was gratified to hear that the Public Accounts Committee (PAC) will be meeting today (13) to examine the three latest reports from the Auditor General (Aud.G), Alistair Swarbrick. Moses Kirkconnell, chairman of PAC, said he has called a meeting…
Cayman Island investors in Grand Island Funds fraud to receive dividend
Investors who were defrauded out of approximately US$19 million by four Cayman Islands-based hedge funds known as the Grand Island Funds received an initial dividend of 57 cents in the dollar last month from the liquidators, with the prospect of…
Direct to disc
Paul McGowan of PS Audio writes: I mentioned in a recent posting a Sheffield Direct To Disc recording and several readers asked me just what that was. It was the most direct method of recording possible before the advent of…
T&T’s Soca Queen Patrice Roberts coming to the Cayman Islands
The sensational soca artist, Patrice Roberts, from Trinidad and Tobago will be performing live at Margaritaville on Friday, June 15th at the “I Love Soca: the All Black Fete” along with Cayman’s own Jeffrey Wilson. Patrice Roberts was born in…
