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The Cayman Islands – a growing reinsurance centre

GRAND CAYMAN, Cayman Islands – Recent changes to the Insurance Law have made the Cayman Islands a more attractive domicile for reinsurance companies. That was part of the message from Premier Hon. Alden McLaughlin Tuesday morning when he helped ring…

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Nominations open for Cayman Islands annual nursing award

Nominations for the annual Eloise Reid Award for Excellence in Nursing are now open. Members of the public, whether they are peers, patients or colleagues are urged to nominate a nurse they believe should be recognised and appreciated for his/her…

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This is the location of tens of billions of dollars that won’t be declared to the IRS today

By Tim Fernholz From Quartz Today (Tue 15) is tax day in the United Sates, and most Americans pay their fair share without a peep. Some of the folks that aren’t playing ball keep their money in offshore accounts to…

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Usain Bolt made a vow that’s really hard to comprehend From Caribbean360 KINGSTON, Jamaica, Tuesday April 15, 2014, CMC – Sprint superstar Usain Bolt says he is confident he can smash two records he set five years ago at the…

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Cayman Islands and Luxembourg funds: Options and considerations for managers

From Opalesque Opalesque Industry Update – The structure and domiciliation of a fund vehicle are integral to the set up of a fund from multiple perspectives. Tax, investment strategy, investor base, cost and speed of set up, regulatory environment, and…

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$5.3M ‘Social Impact Bond’ Fund for Latin America launches

From Forbes Social Impact Bonds are coming to Latin America and the Caribbean Following the lead of the U.K. , the U.S., and other places, the Inter-American Development Bank (IADB), which provides development financing for Latin America and the Caribbean,…

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Investors Trust introduces Portfolio Bond to its platform

GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–Investors Trust Assurance SPC (“ITA”) is proud to announce the addition of a portfolio bond product to its platform. The product, Access Portfolio, is available in US Dollar, Euros and Pound Sterling. With three different charge-structures…

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CARICOM chairman to address reparations forum

By Nelson A. King From Caribbean Life Current Caribbean Community (CARICOM) chairman and St. Vincent and the Grenadines’ Prime Minister Dr. Ralph Gonsalves will present the keynote address this month at an international forum on reparations for slavery in the…

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Why Cayman is here to stay

From Cayman Funds Magazine There are many reasons why the Cayman Islands remains one of the world’s most vibrant offshore financial centres. CEO of Cayman Finance Gonzalo Jalles lists 10 reasons he believes it has retained this position against intense…

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Op-Ed: Green energy solutions could save the Caribbean $200M

By Jun Zhang Op-Ed Contributor From Caribbean Journal High energy costs are the Achilles heel of the Caribbean. More than 97 percent of this region’s electricity is generated from fossil fuels and many islands devote a hefty portion of their…