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Day: February 22, 2015

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UPDATED: 60 year old US man dies after diving in Little Cayman – Man named

From RCIPS Mon, Feb 23, 2015 at 1.37 PM The 60 year old male visitor to the Cayman Islands who died onboard a dive boat in Little Cayman on Sunday 22 February 2015 has been named. He is Arthur Edward Grindle…

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Cayman Alternative Investment Summit, Part Deux

By Dr. Clifford Lipscomb From Greenfield Advisors Earlier this week, my first post from the Cayman Alternative Investment Summit discussed the first morning’s events. In this post, I’ll discuss some of the events from the end of day one as…

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Baby Show at 48th Annual Agricultural Show 2015

40 Babies participated in the Baby Show at the 48th Annual Agricultural Show 2015. Winners 0 — 9 months 1. Naomi Ebanks 2. Deanna Downs 3. Dylan McCoy 10 — 18 months 1. Knox Powell 2. Braydan Parsons Beckett 3….

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The Editor speaks: Banking corruption – will it ever end?

*Look at these recent headlines: “Treasury gains £1.1bn windfall from record fines on banks” “Banks fines record £2.bn over foreign exchange rigging “Bankers think they have to behave badly.” “Bank of England’s chief currency trader dismissed amid forex-rigging scandal” “World…

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iNews Briefs

Freight plane makes emergency landing in Cayman Islands Incident: DHL Expreso B752 near Grand Cayman on Feb 18th 2015, engine shut down in flight By Simon Hradecky From The Aviation Herald A DHL Aero Expreso Boeing 757-200 freighter, registration HP-1910DAE…

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Cayman Islands insurance amendments – insurance industry to benefit

From Holman Fenwick Willan On 16 January 2015, the Cayman Islands Monetary Authority (CIMA) amended its insurance regulations for the purposes of enhancing captive flexibility. The new regulations are designed to allow a segregated portfolio company (an SPC) to register…

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DART donates hundreds of children’s books to libraries

The Cayman Islands Public Library Service (CIPLS) and the public school libraries will be the recipients of around US$17,500 worth of new children’s books thanks to a generous Christmas donation facilitated by four DART property companies (Camana Bay, Regatta, Flagship,…

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Revealed: How [UK] globe-trotting MPs went on trips worth £125,000 to 35 different countries

[Cayman Islands was the most expensive] By Jennifer Williams From Manchester Evening News Parliamentary declarations shows Simon Danczuk has earned thousands from media work since summer Labour’s Mr Danczuk has earned more from newspapers and publishing since the summer than…

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Cayman Islands Heroes Day exhibition closes

This year’s Heroes Day exhibition, which looked back at some of the history of local health services, closed Friday, 13 February 2015. Launched at the old George Town Library on National Heroes Day, 26 January, the presentation showcased health services…

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Cayman Islands utility provider announces fall in profits

CUC Announces Unaudited Fourth Quarter and Twelve Month Results for the Period Ended December 31, 2014 Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange. Grand Cayman, Cayman Islands- Caribbean Utilities Company,…