Swiss Re Capital Markets successfully structures and places a USD 300 million catastrophe bond of Northeast United States Hurricane risk on behalf of Travelers
By Swiss Re Capital Markets NEW YORK, May 20, 2013 — NEW YORK, May 20, 2013 /PRNewswire/ — Swiss Re Capital Markets has successfully advised on a USD 300 million cat bond issuance by Long Point Re III Ltd., covering…
GIGTANK draws global startups to Chattanooga
By Laura Baverman, Upstart Business Journal GIGTANK promised startups the fastest Internet speeds around, unique corporate partnerships, dollars and mentors—and all in the outdoorsy, artsy setting of Chattanooga, Tennessee. And they responded, coming from France, Bulgaria and the Cayman Islands…
Chief Minister defends Isle of Man’s tax status
BBC The Isle of Man’s Chief Minister has defended the island’s work against tax evaders as international pressure mounts on overseas territories. On Monday UK Prime Minister David Cameron wrote to 10 British overseas territories, urging them to “get their…
HBO Latin America and Logic form broadcast agreement
The Cayman Islands cable operator also offers high definition channels Miami, FL, May 20th, 2013 – HBO Latin America Group and Logic—the internet, data and voice provider for both residential services and small businesses in the Cayman Islands—have formed a…
Nonprofits: Cayman Islands of political money
By Julie Bykowicz, Political Capital, Bloomberg Social welfare nonprofits, which can keep their donors secret, are a lot like Russian nesting dolls: Open one, and you’ll find a smaller version inside. That’s what courts in California discovered last year when…
New social network unites global community of 20 million creative professionals
A new social network taking two years and almost €1 million to develop was launched today in the heart of Bohemian Prague. ‘Toadsquare’ aims to unite the world’s 20 million creative professionals – artists, photographers, filmmakers, scriptwriters, designers – and…
AA plane diverted to Cayman had fuel bypass problems
From AeroInside An American Airlines Boeing 737-800, registration N817NN performing flight AA-2173 from Miami,FL (USA) to Panama City (Panama) with 147 passengers, was enroute near Grand Cayman Island (Cayman Islands) when the crew reported a fuel bypass indication (engine CFM56)…
Harvard University Announces : Free tuition for low-income families
by Sharon Chambers Harvard University announced over the weekend that from now on undergraduate students from low-income families will pay no tuition. In making the announcement, Harvard’s president Lawrence H. Summers said, “When only ten percent of the students in…
FIFA’s house of lies
By Camini Marajh Head Investigative Desk, Trinidad Express Newspapers FIFA president Sepp Blatter was less than truthful when he claimed that the world governing body for football was unaware that the Jack Warner-created and controlled Caribbean Football Union (CFU) had…
The Met gagged Leveson Inquiry over claims that senior police officer sold secrets to the News of the World
From London Evening Standard Campaigning Labour MP calls on May to ensure vital documents were not withheld from probe The Met “gagged” the Leveson Inquiry from revealing intelligence that a very senior former police officer passed on sensitive information to…
