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Swiss Re Capital Markets successfully structures and places a USD 300 million catastrophe bond of Northeast United States Hurricane risk on behalf of Travelers

By Swiss Re Capital Markets NEW YORK, May 20, 2013 — NEW YORK, May 20, 2013 /PRNewswire/ — Swiss Re Capital Markets has successfully advised on a USD 300 million cat bond issuance by Long Point Re III Ltd., covering…

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Former CIAA financial controller seeks judicial review

Former Cayman Islands Airports Authority (CIAA) financial controller (applicant) is seeking a Judicial Review to clear name and reinstatement back to original position with the Authority. The applicant claims the CIAA board acted unlawfully and unfairly when dismissed. The applicant…

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GIGTANK draws global startups to Chattanooga

By Laura Baverman, Upstart Business Journal GIGTANK promised startups the fastest Internet speeds around, unique corporate partnerships, dollars and mentors—and all in the outdoorsy, artsy setting of Chattanooga, Tennessee. And they responded, coming from France, Bulgaria and the Cayman Islands…

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Chief Minister defends Isle of Man’s tax status

BBC The Isle of Man’s Chief Minister has defended the island’s work against tax evaders as international pressure mounts on overseas territories. On Monday UK Prime Minister David Cameron wrote to 10 British overseas territories, urging them to “get their…

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HBO Latin America and Logic form broadcast agreement

The Cayman Islands cable operator also offers high definition channels Miami, FL, May 20th, 2013 – HBO Latin America Group and Logic—the internet, data and voice provider for both residential services and small businesses in the Cayman Islands—have formed a…

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Nonprofits: Cayman Islands of political money

By Julie Bykowicz, Political Capital, Bloomberg Social welfare nonprofits, which can keep their donors secret, are a lot like Russian nesting dolls: Open one, and you’ll find a smaller version inside. That’s what courts in California discovered last year when…

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New social network unites global community of 20 million creative professionals

A new social network taking two years and almost €1 million to develop was launched today in the heart of Bohemian Prague. ‘Toadsquare’ aims to unite the world’s 20 million creative professionals – artists, photographers, filmmakers, scriptwriters, designers – and…

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Tributes pour in for Consuelo Ebanks at Thanksgiving Service

A Service of Thanksgiving for the life of Anna Consuelo Ebanks nee Yates was held at South Sound Community Centre last Sunday (19). The Community Centre could not hold all the persons who turned up to pay their respects to…

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AA plane diverted to Cayman had fuel bypass problems

From AeroInside An American Airlines Boeing 737-800, registration N817NN performing flight AA-2173 from Miami,FL (USA) to Panama City (Panama) with 147 passengers, was enroute near Grand Cayman Island (Cayman Islands) when the crew reported a fuel bypass indication (engine CFM56)…