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A.M. Best affirms ratings of Eastern Re Ltd. SPC

OLDWICK, N.J., Jul 15, 2013 (BUSINESS WIRE) — A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Eastern Re Ltd. SPC (Eastern Re) (Grand Cayman, Cayman Islands). The outlook for…

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Former employee of BCSL denies stealing nearly $440,000

Patricia Glasgow, a former employee of Bodden Corporate Services Ltd (BCSL), pleaded not guilty last Friday (12) of stealing US$439,300 that reportedly belonged to Rochester Ltd a client of BCSL. Glasgow was charged with theft, obtaining money transfer by deception…

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New president and GM for WuXi PharmaTech (Cayman) Inc. (ADR)

WuXi PharmaTech (Cayman) Inc. (ADR) : WuXiPRA Names James Pusey President and General Manager SHANGHAI and RALEIGH, N.C., July 16, 2013 /PRNewswire/ — WuXiPRA, a contract research organization (CRO) that offers Phase I-IV clinical trial services in China, Hong Kong,…

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Bottle-hurling hooligan gets historic five-year ban from Trinidad cricket

From Caribbean 360 PORT-OF-SPAIN, Trinidad, Monday July 15, 2013 – The Trinidad and Tobago Cricket Board (TTCB) has imposed a five-year ban on a spectator who threw a missile on the field during the final of the Celkon Mobile Cup…

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Jamaica adopts smoking ban in public places

From NECN KINGSTON, Jamaica (AP) — People caught lighting up in bars, restaurants and other enclosed public spaces now face hefty penalties in Jamaica. The new law also prohibits smoking in outdoor public spots such as bus stops and open-air…

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Brazilian referee decapitated by fans after he stabs and kills player

By Charley Rogulewski from VIBE When they’re not shouting G-O-O-O-O-A-L!!!! in Brazil, they’re decapitating their murderous referees. An amateur soccer game in Sao Luis, Maranhao, Brazil, on June 30 turned deadly after a young referee gave a player the red…

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Fatal road crash Feb 8 ’13 – West Bay Road – Woman charged

From RCIPS Tue, Jul 16, 2013 at 2:20 PM A 33-year-old woman has been charged and is due to appear in court in connection with a fatal road crash which occurred on 8 February, 2013. The collision, which took place in…

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2013 Antigua Sailing Week – Where Sailing Comes First

By Louay_Habib All At Sea Caribbean In recent years many new sailing regattas have been held in the Caribbean but the yardstick to which they are all compared is still Antigua Sailing Week, the longest running regatta in the region….

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Caribbean launches CCORAL, a new climate change initiative

By Peter Richards From Caribbean 360 CASTRIES, St Lucia, Friday July 12, 2013 – The Caribbean Climate Online Risk and Adaptation Tool (CCORAL) was launched here Friday with regional countries hoping it will become another initiative that will result in…

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Cayman Islands signs MOUs with 25 ESMA members

From hedgeweek The Cayman Islands has now signed memoranda of understanding (MOUs) with 25 European countries, which will enable the continued marketing of Cayman Islands hedge funds throughout the European Union. Cindy Scotland, managing director of the Cayman Islands Monetary…