Investors Trust Assurance SPC Inaugurates Its New Branch Office in Kuala Lumpur
GEORGE TOWN, Cayman Islands, Oct 15, 2012 (BUSINESS WIRE) — Following its global expansion plans, Investors Trust Assurance SPC (“ITA”) is thrilled to announce the recent opening of its branch office in Kuala Lumpur, Malaysia, at the renowned Petronas KLCC….
Cayman insurance manager pleads guilty to stealing $856,000
In Cayman’s Grand Court on Friday (15) David Keith Self, 53, Insurance Manager with Monkton Insurance Services, pleaded guilty to two counts of theft and one count of possession of criminal property before Justice Alexander Henderson. Self stole Canadian $717,388.70…
Cayman Islands Investcorp unsecured notes rated BB (exp)
Oct 15 – Fitch Ratings has assigned Cayman Islands-based Investcorp S.A.’s (ISA) proposed senior unsecured notes an expected rating of ‘BB (exp)’. The issue will be guaranteed by Investcorp Bank B.S.C. (IBSC), the parent which is based in Bahrain. The…
Too many directors and not enough accountability
Seamus Andrew & Niall Goodsir-Cullen wrote the following article in January, 2007, under the title “Accountability of Cayman Islands directors”: The Cayman Islands is the number one domicile in the world for hedge funds and structured finance transactions and one…
International Insurance Regulators Convene in Kansas City
The National Association of Insurance Commissioners (NAIC) welcomed 14 regulators from around the world for the Fall 2012 International Fellows Program in Kansas City, Mo. Participants include regulators from China, Grand Cayman Islands, India, Indonesia, Nigeria and Saudi Arabia. The…
Get Cultured: Cayman – A Local Guide that Begins and Ends at the Luxurious Cotton Tree
From Cultureist Heather Lockington, owner of the luxury boutique hotel Cotton Tree, gives us an armchair tour of this laid-back Caribbean island. On your first day here, seeing this is a must: If there is one thing that Cayman represents it is relaxing and…
MultiCat Mexico 2012 cat bond completes, lists in Cayman Islands
From Artemis The latest catastrophe bond to hit the market, MultiCat Mexico Ltd. Series 2012-1, closed and listed on the Cayman Islands stock exchange on Friday and has received its final ratings from Standard & Poor’s today. The second MultiCat…
Letter to the Editor from Guy Harvey
I am writing this letter as one of the foremost marine scientists in the Cayman Islands on the biology, ecology, natural history and socio-economic value of the southern stingrays, in the context of their relationship with these Islands. In reference…
Cayman Islands Turtle Farm accused of outdated practices and crippling debts by business model
Further to our October 12 story “Cayman Turtle Farm fights back against WSPA’s Stop Sea Turtle Farming” (see www.ieyenews.com/2012/10/cayman-turtle-farm-fights-back-against-wspas-stop-sea-turtle-farming/) the World Society for the Protection of Animals (WSPA) has responded with the following article. We also publish a separate response…
Message from the Secretary-General Of The Caribbean Community (Caricom)
Message from the Secretary-General Of The Caribbean Community (Caricom), on the occasion of Caribbean Statistics Day 15 October 2012 Monday, 15 October 2012 marks the fourth observance by the Caribbean Community (CARICOM) of Caribbean Statistics Day, which is aimed not…
