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Cayman Island Greenlight company announces second quarter financial results

Greenlight Capital Re, Ltd om Monday (30) announced financial results for the second quarter ended June 30, 2012. Greenlight Re reported a net loss of $36.1 million for the second quarter of 2012 compared to a net loss of $16.0…

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Appleby Reports Offshore M&A Activity for Q2 2012

Firm’s Offshore-i Report Reveals Q2 Transaction Values Outpace Many Of The Major Financial Markets The offshore M&A market increased in value at twice the worldwide average last quarter, compared to the previous quarter, according to a report released today by…

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Fraser brothers swam superbly again and made us proud

From Ron Shillingford Brett Fraser was seventh in his 100 metres freestyle semi-final at the London Olympics on Tuesday and did not advance to the finals. His brother Shaune was eighth in the same race. Brett’s time was 48.92 seconds…

Hon. Premier, PLEASE read FORBES!!!!

Before Cayman Islands premier, the Hon. McKeeva Bush, embarks on his suicidal proposal for our islands and implement an income tax, or whatever else you want to call it, PLEASE read the article we have republished below. It is an…

CHEC demonstrates commitment to the region

Beijing’s China Communications Construction Company, parent of infrastructure giant China Harbour Engineering Company, last week signed a two-year agreement with the government of Jamaica, paving the way for direct Chinese investment in selected infrastructure projects. The 22 July pact comes…

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Cayman Islands sets sights on the RBC 56th Annual Caribbean Amateur Golf Championships

Led by Team Manager Bob Slatter, the Cayman Islands team will tee off in fierce competition against eight other teams from countries around the region at the RBC 56th Annual Caribbean Amateur Golf Championships (CAGC) set to take place in…

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Olympics football: Michel Morganella expelled for racist tweet

Switzerland’s Olympic football team has expelled defender Michel Morganella from the tournament for posting racist comments on Twitter. An offensive message aimed at South Korean people was posted from his Twitter account after Switzerland lost 2-1 to the Koreans on…

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Butterfield supports competitors for 2013 Island Games in Bermuda

Young competitors taking part in the 2013 Island Games in Bermuda can now apply for financial assistance from Butterfield in Guernsey. Local people in full or part-time education are eligible to apply for the bursaries which will be awarded to…

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RBC Wealth Management appoints new Head of Credit

RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Ojan Jamkhou as Head of Credit for its Global Trust and Wealth Management-UK businesses. Based in London, Mr Jamkhou will be…

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Little seahorse filmed in the Cayman Islands

Frans De Backer was in the Cayman Islands recently and filmed a little seahorse at Lighthouse Point, West Bay on Grand Cayman. The 2 minutes of footage is available to see on the website Vimeo.com Frans said, “Not much words…