Fitch affirms XL’s Ratings following announced life transaction; outlook remains positive
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed the ratings of XLIT Ltd. (a Cayman Islands subsidiary of XL Group plc) and its property/casualty (re)insurance subsidiaries (collectively XL), including the Issuer Default Rating (IDR) at ‘BBB+’, and the Insurer Financial Strength (IFS) rating…
Venezuela – its natural beauty
Venezuela is struggling to attract tourists despite its natural beauty From news.com.au Boasting the highest waterfall in the world, nearly deserted Caribbean islands and dense jungles with ocean views, Venezuela has everything a tourist could want — except the tourists…
The Editor Speaks: Wed 7th May is deadline for you to submit your input on local television.
Do you want the government to be the only source of providing local news on your television? Do you really want your local news and programming to be exactly what the government of the day wants you to see and…
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iNews Briefs
Cayman Prep is top in KPMG Brain Bowl The students from Cayman Prep came out top after winning every round of the Jeopardy-style KPMG Brain Bowl. Teams of four youngsters from nine schools faced off in an elimination competition this…
Discussion paper presented to public for protection to whistleblowers
The Protected Disclosures Bill, 2014 The issue of greater legislative protection for persons who disclose allegations of misconduct by public authorities has been a source of discussion for some time and was more recently addressed at the UCCI conference on…
T&T Minister Howai calls for more proactive approach by G24 countries
From Breaking News Trinidad and Tobago The Finance and the Economy Minister, Larry Howai has issued a call for the G24 group of countries to take a leadership role in formulating an appropriate mechanism to facilitate an orderly and predictable…
IMF comments on risk to Caribbean of potential Petro Caribe pullout
By Andre Huie From WINN FM St. Kitts and Nevis (WINN): During an IMF press conference recently, officials from the Western Hemisphere Department were quizzed by St Vincent and the Grenadines journalist Jerry George about the lack of adequate focus…
iNews Briefs
Wedding Day was nearly a day of woe in Cayman Thanks to the Cayman Islands Customs Department a wedding that should have been a day of happiness almost turned into a day of woe. The Cayman Islands Customs Department did…
ELP Law revision and contracts by 3rd party beneficiaries
By Mel Wheaton | DLA Piper – Emerging Growth and Venture Capital Contact, From JDSupra Business Advisor Cayman Islands revise Exempted Limited Partnership [ELP] law and pass new legislation allowing enforcement of contracts by third party beneficiaries Earlier this month…
Caribbean Overseas Territories meet with UK networking specialists
By: BVI, Press Release April 30, 2014 – Overseas Territory Representatives from the British Virgin Islands, Bermuda, Montserrat, The Cayman Islands and Anguilla met with United Kingdom (UK) business networking specialists, CaribDirect International Business Network (CIBN) in London on Thursday…
