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…
Sister Islands Tourism Association Statement on Budget
The Executive Committee of the Sister Islands Tourism Association has taken note of the suggested Community Enhancement Fee and would like to offer the following statement: As a tourism entity, our primary function is to assist our membership with regard…
Swiss Re buys $275 million of longevity protection through Cayman Islands vehicle
Swiss Re, the world’s second-biggest reinsurer, has raised $275 million to help it pay claims in the event of pensioners in Canada, Australia and the United States living longer than budgeted for by their insurers, it said on Tuesday (31)…
More phone rate cutting in Jamaica
Telecommunications company LIME yesterday announced that it was slashing its landline to mobile rate to J$6.99 and that it will also start billing those calls on a per second basis. The measures become effective August 1. Yesterday, a news release…
Jamaica at 50: On your marks, get set…oh
Half a century after Jamaica’s independence from Britain, its economy is struggling to get out of the starting blocks. THE world is used to trailing behind Jamaican sprinters. The small island has won a string of world records, and may…
Western Wind Energy Corp:
Western Wind Energy Corp: Western Wind responds to potential Proxy Battle by Cayman Islands company Savitr Capital and” hysterical and dishonest news release issued by Andrew Reuben Midler” Vancouver, BC — July 31, 2012 — Western Wind Energy Corp. —…
