Caelus Re 2013 cat bond completes, gets rated, lists on Cayman exchange
From artemis.bm U.S. insurer Nationwide Mutual’s latest catastrophe bond, Caelus Re 2013 Ltd., has now completed successfully, received its final rating from Standard & Poor’s and the notes and five-year shelf programme have been admitted for listing on the Cayman…
Ritz files judicial revue application on Cayman’s government
RC Cayman Hotel Holdings Ltd and RC Cayman Property Holdings Cayman Ltd, the new owners of The Ritz-Carlton, Grand Cayman, who took possession of the resort from the developer, Michal Ryan, after he defaulted on the debt, have filed an…
Recovering Queen Signs Commonwealth Charter
From UK Sky News The monarch signs the Commonwealth charter after skipping an earlier event, as she continues to recover from gastroenteritis. The Queen has missed a service at Westminster Abbey but gone ahead with the signing of the new…
Petrus Advisers completes re-domiciliation of Special Situations Fund to Cayman Islands
From hedgeweek Petrus Advisers has re-domiciled its Petrus Advisers Special Situations Fund from Jersey to the Cayman Islands.The decision to move the fund came as a result of investor demands, enabling institutional investors to invest in the fund and creating…
Low Fuel Costs for Fishermen
The recent rise in fuel prices has left fishing boat owners, both international and local, struggling to make ends meet and asking what measures can be taken to reduce the heavy burden of increased fuel cost. Due to the litres…
AHAB’s claims against Maan Al Sanea Companies to proceed to trial in Cayman
March 11, 2013 WASHINGTON – The Grand Court of the Cayman Islands has rejected the latest efforts by the Liquidators of Maan al Sanea’s companies in the Cayman Islands to dismiss portions of Ahmad Hamad Algosaibi & Brothers’ (AHAB) case. …
