April 26, 2017

Archives for April 17, 2017

MARSH donation for Cayman Islands Crisis Centre

MARSH is proud to announce a recent CI$4,100 donation to the Cayman Islands Crisis Centre. These funds were raised by MARSH’s employees as part of their annual staff Christmas party, by raffling various donated prizes. The funds raised will go towards the operational expenses at the Centre. Clayton Price, MARSH Cayman Head of Office and […]

‘Global Disruption’ to impact Bahamas [& Cayman Islands] insurers

By NEIL HARTNELL From Tribune242 Bahamas First’s top executive has warned that local insurers are likely to face increasing competition from consumers acquiring coverage online, as the underwriter’s gross and net premiums declined 3 per cent in 2016. Patrick Ward told Tribune Business that the Bahamian property and casualty market “won’t escape disruption” from forces […]

The Editor Speaks: Easter weekend

I hope you all had a very pleasant and most blessed Easter weekend. Whether you were at church, spending time with family and friends, playing sports, camping or a combination of all those, also spare a thought for all those who were alone. Then further afield the media headlines were not centred on the Christian […]

Global Coral reef experts launch major restoration efforts in the Caribbean

As part of its Hope for Reefs initiative, the California Academy of Sciences joins forces with SECORE International and The Nature Conservancy to implement large-scale coral restoration AN FRANCISCO–(BUSINESS WIRE)–A powerhouse group of scientists and conservationists are joining forces to tackle the unprecedented decline of coral reefs worldwide. The California Academy of Sciences, SECORE International, […]

One patient dies after three contract HIV from contaminated blood in T&T

By Ria Taitt, Trinidad Express From St Lucia Online TRINIDAD EXPRESS – One of the three people infected with HIV from contaminated blood from the National Blood Bank Transfusion Centre is dead. Asked by Caroni East MP Dr Tim Gopeesingh whether there was any claim before the Government for compensation on behalf of the family […]

The Caymans: Reputation, Rhetoric, and Reality

By Alex Cobham. Originally published at Tax Justice Network From naked capitalism Last week I took up the kind invitation of the government of Cayman to speak at their conference on ‘Tax Transparency in the Global Financial Services Ecosystem’, and to meet with staff from the monetary authority, statistics office and corporate registry; and with […]

Prison conditions worsen in Antigua

By Martina Johnson, Antigua Observer From St Lucia Online ANTIGUA OBSERVER – The head of the prison said harsh conditions at the facility are worsening and the authorities continue to fail to deliver on promises to invest in upgrading the facility; thus, the morale of prison staff and inmates is dipping. Prison Superintendent Albert Wade’s […]

Cayman Islands’ Saxon wins Celent Model Insurer Award for Operational Excellence

For the second time in four years, Saxon Insurance has received international recognition for its efforts in leveraging technology to advance its business operations. Saxon was presented with the Celent Model Insurer Award for ‘Operational Excellence in IT Management’ at the annual Celent Model Insurers and Model Bankers Awards held on Tuesday, April 4 in […]

Kingwood-based companyVerdegen LLC brings mosquito repellent dispensers to public health sector

By Melanie Feuk From Chron Kingwood residents and co-founders of Verdegen, LLC, envision mosquito repellent dispensers being available in public places worldwide for free, easy access to repellent and protection against mosquito-borne disease. This is an example of Verdegen’s parks and recreation dispenser model, which differs from the models to be used in the Cayman […]

St Lucia citizenship unit counters opposition pledge to review economic citizenships

From Caribbean News Now CASTRIES, St Lucia — The Citizenship by Investment Unit (CBIU) in Saint Lucia has attempted to counter a pledge by the opposition St Lucia Labour Party (SLP) to review every citizenship granted by the current government under the country’s citizenship by investment programme (CIP). The SLP statement followed a walk out […]