George Town, Grand Cayman, August 29, 2023 – The Cayman Islands Monetary Authority (CIMA) recently released licensing statistics for 2Q 2023 which demonstrate the continued strength of the jurisdiction’s insurance industry. Between April and June 2023, CIMA issued licenses to eight new captive insurance companies — four B(i)s and four B(iii)s — and three new […]
Q2 Stats Show Interest in Cayman Insurance Industry Remains Very Strong
Water Woes: Understanding the dangers and causes of home water damage
Water, essential for life, can also become destructive when it infiltrates our homes. Home water damage is a common issue that can result from various causes, leading to significant structural and financial setbacks. Understanding the dangers and potential causes of water damage is crucial for homeowners to take preventive measures and mitigate its impact. In […]
Government of Saint Kitts and Nevis doubles subsidized childcare support, easing financial burden on parents
Prime Minister of Saint Kitts and Nevis, Hon. Dr. Terrance Drew; Deputy Prime Minister and Minister of Education, Hon. Dr. Geoffrey Hanley; Attorney General, Hon. Garth Wilkin with the children of Kickstart Preschool during their visit to the Prime Minister’s Office. BASSETERRE, SAINT KITTS AND NEVIS, August 28, 2023 [Press Secretary, PMO]– In a significant move […]
Cayman: Christian Victory Joins HSM Partnership as Head of Corporate and Commercial
Christian Victory 68 Fort Street, Grand Cayman (28 August 2023): The HSM Group has welcomed Christian Victory, a bolster addition to their legal team and who has joined as Partner, Head of Corporate and Commercial. Christian has over 20 years of legal experience and is well-respected in the industry having been ranked by The […]
U.K. calls modern slavery survivors plea for support a “bogus claim”
From “Ellie Finkelstein, Freedom United” [email protected] August 27, 2023 News Digest OUR CAMPAIGN ISSUES IN THE NEWS law & policyModern slavery survivors denied support due to crackdown on “bogus claims”Thousands of suspected modern slavery cases were recently rejected by the UK’s home office due to a crackdown on “bogus claims.” However, charities warn thousands may have been […]
Another successful year of career mentoring for GirlForce100
Enthusiastic female high school students filled the ballroom of the Grand Cayman Marriott Beach Resort this summer to celebrate another successful year of accomplishments in the GirlForce100 youth mentoring programme. The afternoon event featured an interactive panel on career interviewing skills and highlighted the importance of authenticity, personal brand and effective preparedness. The panel was […]
A wave of international rulemaking threatens Caribbean tax havens
From The Economist Their old wheezes are running out of steam In jJanuary2024 a court in Miami will start hearing an unusual trial: that of Andrew Fahie, the former elected leader of the British Virgin Islands (bvi). In 2022 he was arrested in the United States. The American authorities say he promised an informant working undercover […]
UK’s £18tn slavery debt is an underestimation, UN judge says
By Joshua Nevett From BBC GETTY IMAGESImage caption, Patrick Robinson has been a member of the International Court of Justice (ICJ) since 2015 A UN judge says the UK is likely to owe more than £18tn in reparations for its historic role in transatlantic slavery. A report co-authored by the judge, Patrick Robinson, says the UK […]
Unveiling the bold new Caribbean: The 2023 Caribbean Investment Forum promises bold opportunities & outcomes
Nassau, The Bahamas The Caribbean Investment Forum (CIF) 2023’s launch event, hosted yesterday at Atlantis in Nassau, The Bahamas, heralded the introduction of a transformative platform poised to reshape the economic landscape of the Caribbean. As a precursor to the upcoming CIF2023, scheduled for October 23-25, under the theme “A Bold New Caribbean,” the Caribbean […]