A.M. Best affirms Debt Ratings of I-Preferred Term Securities I CDO Transaction
OLDWICK, N.J. — A.M. Best Co. has affirmed the debt ratings on a multi-tranche collateralized debt obligation (CDO) co-issued by two bankruptcy remote special purpose vehicles: I-Preferred Term Securities I, Ltd. (Cayman Islands) and I-Preferred Term Securities I, Inc. (Delaware)…
Grand Old House obtains Wine Spectator’s Best of Award of Excellence
Grand Old House is Proud to announce to be a recipient of the coveted Wine Spectator Best of Award of Excellence. To celebrate, they are offering every Monday and Wednesday: 50% off the entire wine list for their Club Member…
The police also carry out credit card misuse
Further to my Editorial in yesterday’s iNews Cayman (published 9th July) “Abuse of company/government credit cards” a report published in 2011 from the United Kingdom’s Independent Police Complaints Commission found 40 Metropolitan Police officers misusing corporate credit cards. The following…
Addlestone and Rowe join Solomon Harris
Richard Addlestone has joined Cayman Islands law firm Solomon Harris as a partner in the corporate department. Mr. Addlestone has 20 years’ experience as a lawyer, having started his career in London, including working for a top-20 ranked firm, before…
Couples Resorts in Jamaica ranked among top Caribbean resorts
Couples Resorts in Jamaica Ranked Among Top Caribbean Resorts in Travel + Leisure’s World’s Best Awards For the fourth consecutive year, all four Couples Resorts in Jamaica are ranked in the top 25 Caribbean resorts in Travel + Leisure’s World’s…
PwC cuts jobs in bid to consolidate services in Caribbean region
By Marina Mello, The Royal Gazette, Bermuda PwC is cutting its workforce in Bermuda and has announced the departure of two partners amid the Island’s continuing economic downturn. A spokesman for the Big Four audit firm said they anticipate a…
Tom Keene: These Are The 9 Charts I’m Watching Right Now
By Matthew Boesler From Business Insider As the host of Bloomberg Surveillance on Bloomberg TV and Radio, Tom Keene gets to talk to a lot of smart people on a daily basis. Naturally, a lot of interesting insights are borne…
Brighton wants to be London’s Silicon Valley
By Monty Munford From Mashable The 7:47 a.m. train from Brighton to London is consistently packed full of commuters. And the 10 or so trains that precede it are equally stuffed. The lucky ones score seats, and clack away on…
Auditor General consults public
From the Auditor General’s Office Cayman Islands Auditor General, Alastair Swarbrick, is requesting the public to provide input on his Office’s three year performance audit plan. The plan is to be finalized after the consultation process, and will give Members…
AIG Names Jim Dwane CEO of Property Casualty Unit in Latin America, Caribbean
Insurance giant American International Group Inc., (AIG: Quote) said Wednesday that it has appointed company veteran Jim Dwane as the new president and chief executive officer for its property casualty business in Latin America and the Caribbean. The appointment is…
