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Offshore captives outperform commercial casualty sector: AM Best

Captive insurance companies in Bermuda, Cayman and Barbados rated by AM Best have outperformed the segment’s counterparts in the commercial casualty sector, the rating agency said.  Meanwhile, in 2018 net premiums earned by captives in Bermuda, Cayman and Barbados surpassed…

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OECS and Alliance Française of Saint Lucia partner on the new IFLE CARICOM cooperation programme

By Evelyne GASSE Head of Alliance Française of Saint Lucia and General Coordinator of the other Alliances Françaises of the English speaking Caribbean From OECS Monday, November 25, 2019 — Representatives from the Education Development Management Unit of the Organisation of…

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Strengthening capacities in the forecasting of natural hazards in the OECS

Tuesday, November 19, 2019 — The first Mid-Level Meteorological Officers Continuing Professional Development Training concluded successfully in Barbados. The five day workshop was coordinated by the OECS Commission in collaboration with two entities who provided financial support and technical assistance, namely,…

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Deputies of the French National Assembly pay courtesy visit to the OECS Director General

From OECS Thursday, November 14, 2019 — Deputies of the French National Assembly Bérengère Poletti and Annie Chapelier, accompanied by French Ambassador to the OECS and Barbados, H.E. Philippe Ardanaz, paid a courtesy call on the Director General of the OECS…

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CIBC and GNB Financial Group Limited reach agreement for purchase of shares in FirstCaribbean International Bank Limited

CIBC remains significant shareholder as new entity chaired by Jaime Gilinski acquires majority stake; both parties committed to continued growth for FirstCaribbean 8th November 2019, Bridgetown, Barbados. CIBC today announced that they have reached agreement on the purchase of a…

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Big cannabis changes in Barbados

From George Alleyne From Caribbean Life Not only is Barbados well on its way to legalisation of cannabis for medical purposes, but the island’s Rastafarian community will soon be able to lawfully use the herb in their religious sacrament. At…

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Pool Shark off to Barbados for Open Water Training with Swim Canada [before Olympic trials in Cayman Islands]

Pool Shark swimmer Quinn Matteis, along with Head Coach Brian Lindsay will be part of the Swim Canada team of swimmers and coaches travelling to Barbados to participate in an Open Water Training Camp, November 4-10. Quinn Matteis’ swims in…

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Destinations of the week

Amazing Caribbean villas for winter sun From The Top Villas If you need a dose of sunshine this winter, take your pick from these top tropical hideaways. From cozy beach hangouts to swanky mansions with infinity pools and private chefs, these…

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Country risk: Barbados and Jamaica offer alternatives to South American turmoil

By Jeremy Weltman From Euromoney As protests accompany austerity across Latin America, investors may wish to take heed of experts pointing towards the calmer waters of the Caribbean.  Euromoney’s latest country risk survey signalled a positive mood shift towards Caribbean…

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Three Distinguished UWI Alumni receive Pelican Awards from Open Campus Alumni Chapters

Office of the Pro Vice-Chancellor and Principal, Barbados. October 16, 2019 – On Saturday, October 12, 2019, three distinguished alumni of The University of the West Indies were conferred with the prestigious Pelican Award. The Awards were presented at The…