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Day: March 10, 2016

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Pension funds look to captive insurance for longevity risk answers

From Offshore Bankers Captive insurance companies are providing pension funds with a valuable avenue to the reinsurance market for transferring longevity risk, a newly-published white paper has reported. ‘Longevity risk market comes of age’, the Guernsey Finance white paper, written…

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Dressage riders trot to new heights

Dressage riders trot to new heights in Cayman Islands By Eve van den Bol From CIEF This past Sunday, the Cayman Islands Equestrian Federation (CIEF) held its third dressage show of the season, enjoying a great turnout of 34 horse…

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Four men arrested on suspicion of murdering missing chef Claudia Lawrence will not face charges – police

From Independent ie Four men arrested last year on suspicion of murdering chef Claudia Lawrence will not face charges, police have confirmed. The men were arrested in March and April 2015, shortly after a renewed appeal by North Yorkshire Police…

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A.M. Best Assigns Ratings to Republic Insurance Company (Cayman) Limited

March 09, 2016 04:21 PM Eastern Standard Time OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of “bbb+” to Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands). The outlook…

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Maples and Calder advises on largest semiconductor acquisition in history

Grand Cayman, Cayman Islands | Maples and Calder has advised Singapore-based Avago Technologies Limited (“Avago”) on the Cayman Islands aspects of its US$37 billion acquisition of Broadcom Corporation (“Broadcom”), which closed on 1 February 2016. Under the agreed terms of…

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The Studio that made Rock and Roll history is rotting away on a Caribbean island

From MessyNessy The island of Montserrat in the West Indies became a Caribbean Pompeii when in 1995, the Soufrière Hills volcano woke up. The capital was buried in more than 12 metres of mud while the rest of the island was…

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Lucky 13 as Red wins most Gold ADDY awards in the Caribbean

The number 13 was lucky for Red Advertising & Marketing Ltd. as they won 13 Gold in the recently concluded American Advertising Federation 2016 ADDY Awards. Serendipitously, this was matched by the milestone of being the top agency in Barbados…

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CONCACAF seeking General Secretary and Chief Legal/Compliance Officer

CONCACAF Engages Executive Search Firms to Help Identify Candidates for General Secretary and Chief Legal/Compliance Officer Hiring of Korn Ferry and Major, Lindsey & Africa is the first time CONCACAF has partnered with executive search firms to fill key leadership…

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In the Caribbean, celebrating women takes more than a day

From CaribFlame The Caribbean joined the international community in marking International Women’s Day March 8, but for many countries the observance will continue. In Dominica, rights groups say they will continue to lobby for tougher sentences for those convicted of…