Amazing Lightning photograph
This amazing photograph of f lightning appeared recently on the Weather Underground website that was posted by a blogger there. We just had to share it with you and hope we don’t see anything like this here in Cayman. It’s…
Statement of the Cayman Islands Law Society on payroll tax
The Cayman Islands’ economic activity and ability to generate income are entirely dependent upon foreign source income. Our financial industry services investment vehicles, which receive their funds from persons outside of the Cayman Islands, and our tourist industry services persons…
Full power restored after India hit by second huge outage
Crews restored full power to northern India on Wednesday as officials continued to search for the cause of the country’s worst blackout in at least a decade. Half the country lost power Tuesday after three electricity grids failed, leaving an…
Pan-American Life Insurance Group Completes Acquisition of Majority of MetLife® Assets including in the Cayman Islands
Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, today announced it received regulatory approval and has completed its acquisition of assets and businesses of MetLife in the Cayman Islands, Costa Rica, Panama,…
Scathing comments in ICO Decision relating to POCS and ODG recruitment exercise
We set out below in its entirety the Information Commissioner for the Cayman Islands’ Decision ICO Hearing 21-2012 in the Portfolio of the Civil Service (POCS) and the Office of the Deputy Governor (ODG) relating to the recruitment exercise resulting…
Ogier Stroke and Stride – 2012 Registration Now Open
The 2012 Ogier Stroke and Stride series will be held on August 8th, 15th and 22nd. Sponsored by Ogier, the Stroke and Stride is a 3-series charity fund-raiser race held every August with the start and finish at Sunset House. It attracts a…
Cayman Islands Chamber of Commerce ‘Quick’ Review of Budget Statement
The Chamber of Commerce is reviewing the budget statement delivered 25 July by the Premier W. McKeeva Bush. We intend to provide an analysis after consultation with the Council of Associations and the wider Chamber membership to determine the impact…
Butterfield Reports Second Quarter Profit
Hamilton, Bermuda─ 31 July 2012: The Bank of N.T. Butterfield & Son Limited (“Butterfield” or the “Bank”) today reported second quarter net income of $16.2 million ($0.02 per Share on a fully diluted basis), up 37.7% compared to $11.8 million…
Bradley Wiggins wins Olympics gold in cycling time trial
Bradley Wiggins claimed a British record seventh Olympic medal with a sensational gold in the men’s time trial. The Tour de France winner stopped the clock at 50 minutes 39 seconds for the 44km course. This was a convincing 42…
