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How reinsurers help hedge funds shelter taxes

By Sonali Basak From Bloomberg It’s not the warm waters that have attracted so many corporations to places like Bermuda, the British Virgin Islands and the Cayman Islands. It’s how these havens help keep profits from tax collectors. To prevent…

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Paradise Papers: Appleby reaction to media coverage

From Appleby “Recent media coverage, including the Panorama programme aired on 5th November, continues to focus on the offshore sector. The journalists do not allege, nor could they, that Appleby has done anything unlawful. There is no wrongdoing. It is…

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The Editor speaks: From Panama to Paradise

Some people think Panama is Paradise but not the law firm of Appleby. Appleby has been described by one media outlet as “The company [Appleby] helps the rich and wealthy to avoid taxes, hide names and even supply directors for…

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Rugby: Guyana drawn alongside Barbados, Cayman Islands

From Guyana Times Rugby Americans North 7s… The National Rugby Team, commonly called Green Machine, will meet the force of their counterparts from Barbados and Cayman Islands when their Rugby Americas North (RAN) Sevens campaign gets cracking in Mexico City…

Trump plan aims new foreign tax at Apple, other multinationals

By Lynnley Browning Bloomberg From Chicago Tribune On the last page of a nine-page tax plan that calls for slashing business rates, President Donald Trump and congressional Republicans proposed a little-noticed tax that may hit companies like Apple and Pfizer….

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Bermuda and Cayman Islands captives sustain strong operating results

From Captive Insurance Times Captive insurers domiciled in Bermuda and the Cayman Islands experienced improved premium leverage ratios, as capital grew by a healthy 8 percent, buoyed by strong operating earnings last year, according to an A.M. Best report. The…

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Millions in international accounts linked to far-left lobbying group

By ANDERS HAGSTROM From Daily Caller The Southern Poverty Law Center (SPLC) has reportedly transferred millions of donated dollars to offshore accounts in the Cayman Islands, British Virgin Islands, and Bermuda, The Washington Free Beacon reported Thursday. The SPLC is…

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Guy Harvey Research Institute tagged tiger shark breaks distance record – and is still going!

Satellite tag shows tiger shark “Andy” has travelled more than 33,000 miles in three years FORT LAUDERDALE, Fla. – A tiger shark named “Andy,” tagged in Bermuda in 2014 by the Guy Harvey Research Institute (GHRI) at Nova Southeastern University…

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Jamaica Defence Force introduces youth program during Caribbean Senior Enlisted Leaders Forum

By Marcos Ommati From Diálogo The theme of the Caribbean Senior Enlisted Leaders Forum, which took place in Kingston, Jamaica, was “Enlisted Roles and Responsibilities on Regional Security Concerns.” The Jamaica Defence Force (JDF) is undergoing changes to get ahead…

Aviation Lawyer Boyer-Cartwright: ‘Sign Cape Town Treaty to enable Int’l Airline Registry for Bahamas while industry booming’

By Diane Philips & Associates From The Bahamas Weekly The Bahamas is well poised to becoming the world’s newest international aircraft registry, a move that holds “immeasurable long-term economic benefits,” according to a leading aviation attorney. “The Bahamas is closer…