Recovering Cayman Islands ‘learned from mistakes’
From the Royal Gazette A Cayman [Islands] business leader yesterday outlined the island chain’s recipe for success. Anthony Travers, chairman of the Cayman Islands Stock Exchange and senior partner in law firm Travers Thorp Alberga, said the Caribbean chain had…
Letters: Quantum of the Seas? Like being trapped in a packed mall
From Los Angeles Times IMAGE: Quantum of the Seas The Quantum of the Seas, seen from above. Royal Caribbean’s $1-billion new cruise ship can accommodate more than 4,900 passengers and is equipped with such features as an observation pod on…
@Yoga Girl brings a bit of the Caribbean to Madison
By Liz Rubin [email protected] From Shoreline Times MADISON: A few years before Instagram, Rachel Brathen was 17 years old when she took her first yoga class on a family vacation in Thailand. While she enjoyed it, little did the teen…
UK fund house caught up in Mauritian ‘Ponzi scheme’ probe
From Professional Adviser A UK fund house has been forced to freeze redemptions on one of its funds, after becoming caught up in an investigation by the Mauritian regulator into an alleged Ponzi scheme. In a letter seen by Professional…
Mitsubishi UFJ launches Cayman Islands trustee service
By Stephanie Palmer From Asset Servicing Times Mitsubishi UFJ Fund Services has launched a new Cayman Islands Trustee Services to target new and existing Cayman unit trusts. The new service comes as a response to a strong demand for Cayman-domiciled…
Endurance to acquire Montpelier Re Holdings
From Bernews The mergers in Bermuda’s re/insurance industry continue, with Endurance Specialty Holdings Ltd and Montpelier Re Holdings Ltd today [Mar 31] announcing that they have entered into a definitive merger agreement in which Endurance will acquire Montpelier. Endurance will…
Cayman Islands air arrivals start strong in 2015
Grand Cayman, Cayman Islands (March 31, 2015) 2015 visitation to the Cayman Islands continues to grow to with a 7.6% increase in stay over visitors. The destination has continued its 2014 record breaking trend with 2015 February arrivals growing by…
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iNews Briefs
Cayman Airways update on emergency landing Cayman Airways Express flight KX4722 experienced a false engine fire indication while enroute from Little Cayman to Grand Cayman on Saturday, March 28, 2015. Although there was no visible evidence of a fire, the…
Immigration fuelling Cayman Islands recovery
From The Royal Gazette, Bermuda The Cayman Islands are pulling themselves out of recession on the back of increased immigration. And yesterday economist and consultant Peter Everson said Bermuda could take a leaf out of the Cayman book and do…
La Nación: tax havens and money laundering [and the Cayman Islands]
From Buenos Aires Herald The Saguier family, majority shareholder in the La Nación newspaper since the 1990s, is the subject of numerous court cases which are trying to determine the legality of the origin of those funds used in the…
