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Greenlight Re announces second quarter 2013 financial results

GRAND CAYMAN, Cayman Islands, Jul 29, 2013 (GLOBE NEWSWIRE via COMTEX) — Greenlight Capital Re, Ltd. GLRE -0.73%  today announced financial results for the second quarter ended June 30, 2013. Greenlight Re reported net income of $28.5 million for the…

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Cayman experiences major Internet outage

Statement from Lime received Monday July 19th at 4:15pm In the early morning of Sunday 28th July at approximately 6AM, a failure occurred on the MAYA-1 Cable System.  The MAYA-1 Cable System is a submarine cable system that runs north…

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Virgin on board with Limacol Caribbean Premier League

From Daily FT Sir Richard Branson joins “greatest party in sport” Organisers of the Limacol Caribbean Premier League (LCPL) T20 Tournament are pleased to announce Virgin as a tournament partner for the inaugural event as well as a founding team…

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Hedge fund investors have a change of heart

By: Ashley Kindergan From The Financialist A lot has changed since March. Just four months ago, when Credit Suisse asked hedge fund investors if and how they planned to allocate money to a variety of strategies in the coming year,…

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Cuba radiates moral force for the World, Says Daniel Ortega

From cadenagramonte.cu Santiago de Cuba, Jul 26.- Nicaragua’s President Daniel Ortega today said here that the Cuban Revolution is the star of solidarity that radiates a big moral force for the world. In his speech at the act to mark…

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Caribbean Hotel Occupancy Declines

By the Caribbean Journal staff Caribbean hotel occupancy fell 1.2 percent in June, the first month regional occupancy fell year-over-year since November of 2010, according to a new report from STR. Hotel occupancy in the Caribbean fell to 65.6 percent,…

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UBS Reaches $885M settlement with US regulator alleging bank misrepresented mortgage-backed bonds

By Margaret Chadbourn, Reuters, From Business Insider WASHINGTON (Reuters) – A U.S. regulator on Thursday (25) said it reached an $885 million settlement with UBS over allegations the bank misrepresented mortgage-backed bonds that were sold to Fannie Mae and Freddie…

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NGCI Events for Week July 28 – Aug 4

PLEASE SEE ATTACHMENTS FOR THE NGCI EVENTS FOR WEEK JULY 28 – AUG 4 Hold your event at the National Gallery of the Cayman Islands (NGCI) Call or email today to book or request further information. Contact [email protected] or call…

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When documents asking for documents don’t produce documents

** Mr. Evans has confirmed to me that there’s strictly no connection between Mr Bridger’s  documents that he might have in his possession belonging to the Cayman Islands Government and this Court Order. On July 3rd Cayman Net News’s (CNN) ex…

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WTA selects resort for Caribbean and North American awards

From eturbonews World Travel Awards, known as “the Oscars of the travel industry,” heads for the idyllic Caribbean, where its gala ceremony will recognize the very best in travel, tourism and hospitality from two regions on September 14, 2013. WTA’s…