Greenlight Re ‘walks away’ from some underpriced retro accounts
From ARTEMIS Greenlight Re, the Cayman Islands domiciled, hedge fund manager David Einhorn and Greenlight Capital, Inc. backed reinsurance firm, has pulled back from some of its catastrophe retrocession business this year citing low pricing and competition. Greenlight Re has…
Sammy’s sacking premature, says former WICB CEO
From Caribbean360 CASTRIES, St Lucia, Wednesday May 14, 2014, CMC – Former West Indies Cricket Board chief executive Ernest Hilaire has branded Darren Sammy’s axing as Test captain as “premature”. Hilaire, an often controversial and straight-talking administrator, told HTS Channel…
Park wardens help study rare Bahamian Rock Iguanas
From Bahama Islands Info NASSAU, Bahamas — Bahamas National Trust park wardens joined an international research team recently to learn more about the rare and endangered Bahamian Rock Iguana. BNT park wardens Shenica Campbell, the new park warden in Nassau…
Pirates Week Beach Soccer Open Cup
The Pirates Week Office in conjunction with the Cayman Islands Football Association presents the first ever official beach soccer event. The event, entitled, “Pirates Week Beach Soccer Open Cup” will take place Saturday, May 31 and Sunday, June 1 on…
Decriminalize marijuana says Bermuda government task force
From Caribbean360 HAMILTON, Bermuda, Tuesday May 13, 2014, CMC – A government appointed task force is recommending the decriminalization of marijuana in this overseas British territory and that the government should take “immediate action to enable access to medical cannabis…
Police vehicle in accident
From RCIPS Wed, May 14, 2014 at 12:16 AM On Tuesday the 13th May 2014, around 6 :46 pm a Police vehicle with two Officers and a prisoner were involved in a traffic accident with a private vehicle in the…
iNews Briefs
Cayman EIA contract with Baird signed The Cayman Islands Government has signed a $2.5m agreement for an Environmental Impact Assessment (EIA) on the planned cruise port for George Town with W.F. Baird Coastal Engineers Limited. Cayman company, Bolas Engineering, will…
Charges over Cayman Islands tax haven dropped
By Ben Butler Business reporter From The Sydney Morning Herald Tax avoidance and money laundering charges against former CVC Limited chairman Vanda Gould, former Sunland chairman John Leaver and Swiss resident Peter Borgas have been dropped. The trio were arrested…
Cayman Islands: Ministry, Department of Environment celebrate our ‘Paradise’
From Cayman Islands Government Earth Day 2014 was so good, that both the Ministry and the Department of Environment decided to celebrate it for a little while longer. On the morning of Friday, 2 May, they invited all civil servants…
The Bahamas tops region on royalty payments [Cayman mentioned but see NOTE]
By Neil Hartnell, From Tribune 242 The Obama administration has praised the Bahamas for being the only Caribbean nation to make royalties payments to TV programming rights holders in 2013, boosting this nation’s reputation as a “responsible trading” partner. Ryan…
