Premier travels to US and Europe for talks
Jamaica Observer

GEORGE TOWN, Cayman Islands (CMC) – Premier Alden McLaughlin left the territory on Wednesday to attend meetings in London, Brussels, Paris, Berlin and New York to continue discussions about recently approved economic...

BMR Energy acquires 5-MW solar plant in Cayman Islands
Jamaica Observer

BMR Energy, a developer, owner and operator of clean energy projects in the Caribbean and Latin America, has acquired a 5 MW alternating current solar plant in the Cayman Islands from Entropy Cayman Solar I. A member of...

Cayman Islands on track to surpass 2017 stayover visitation
Jamaica Observer

GRAND CAYMAN, Cayman Islands (CMC) — The Cayman islands says it welcomed more than 410,000 stayover visitors to the island during the first 11 months of this year.It said that the 11.26 per cent increase over the...

ODea joins BFM board of directors
Royal Gazette

Conor ODea has joined the board of directors of BFampM Limited. He joined Butterfield Bank Cayman in 1989, serving as managing director from 1997. After also taking on the positions of president and chief operating...

Conor O’Dea Joins BF&M Board Of Directors
Bernews

BF&M Limited announced the appointment of Mr. Conor J. O’Dea to the Board of Directors of BF&M Limited. Mr. O’Dea joined Butterfield Bank [Cayman] in 1989, serving as Managing Director from 1997. After...

ACTs OneCloud reaches Bermuda milestone
Royal Gazette

ACT OneCloud has taken on its fortieth customer in Bermuda, only three years after setting up. The company states it is the islands largest provider of on-island cloud services. It also has a presence in Cayman Islands,...

Disaster recovery in the neighbourhood
Jamaica Gleaner

The shortest, or as the crow flies, air travel distance between Jamaica and Puerto Rico, according to www.distancefromto.net, is 1,133 kilometres or 704 miles.That island, along with Cuba, The Cayman Islands and...

Cayman welcomes 250th company into special economic zone
Jamaica Observer

GRAND CAYMAN, Cayman Islands (CMC) – The technology-focused special economic zone, (SEZ) Cayman Enterprise City (CEC), says it has welcomed its 250th company into the Cayman Islands.

Caribbean tourism stakeholders to meet in Cayman Islands
Jamaica Observer

GRAND CAYMAN, Cayman Islands (CMC) —Tourism practitioners from the public and private sectors will meet here in November to share strategies and best practices on issues affecting the industry, the Barbados-based...

Fitch Upgrades XLIT Following Acquisition Close
Bernews

Fitch Ratings has upgraded the ratings of XLIT Ltd. [XL, a Cayman Islands subsidiary of XL Group Ltd] and its property/casualty [re]insurance subsidiaries following the completion of the acquisition by AXA SA. “This...

KPREIT collects US$1.5m from Florida condo sales
Jamaica Gleaner

Kingston Properties Limited, which trades under the symbol KPREIT, has completed the sale of four condo units in South Florida and is setting aside proceeds for acquisitions in Jamaica and Cayman Islands in deals that are...

BFMs ratings affirmed by AM Best
Royal Gazette

AM Best has affirmed the credit ratings of island insurer BFampM Ltd. Three of the groups operating companies BFampM General Insurance Company, BFampM Life Insurance Company and Cayman-based Island Heritage Insurance...

Proven buys Cayman company IFP for US$14m
Jamaica Gleaner

Proven Investments Limited confirmed completion of the full acquisition of shares in International Financial Planning (Cayman) Limited, IFP, paying US$14.2 million ($1.95 billion) for the company.The deal closed on August...

Cayman Islands exports iguana meat to US
Jamaica Observer

ST GEORGE'S, Grenada (CMC) – The Cayman Islands has shipped more than 200 pounds of iguana meat to the United States, a move that the private sector says could help in tackling the problems posed by the invasive...

Cayman Islands exports Iguana meat to US
Jamaica Observer

GEORGE TOWN, Cayman Islands (CMC) — The Cayman Islands has shipped over two hundred pounds of iguana meat to the United States, a move that the private sector says could help in tackling the problems posed by the...

Proven success
Jamaica Observer

Proven Investments Limited (Proven) has been granted regulatory approval from various applicable jurisdictions to acquire 100 per cent of the common equity of a licensed security dealer with offices in the Cayman Islands...

Honey Bun gets toehold in Cayman, Antigua
Jamaica Observer

Jamaican baking company Honey Bun has secured clients in Antigua and the Cayman Islands for distribution of its Buccaneer Jamaica pocket-size rum cakes.The product, which is the latest addition to Honey Bun's portfolio,...

RFHL makes offer for Cayman bank
Trinidad Guardian

Republic Financial Holdings Limited (RFHL) announced yesterday that it is in discussions with Cayman National, the parent of Cayman National Bank Ltd, for potential acquisition of a majority stake—at least 51 per...

13 Local Jobs Cut In Butterfield ‘Restructuring’
Bernews

Butterfield has confirmed a “restructuring” has resulted in 23 jobs being lost, with thirteen of those in Bermuda. The other six jobs are in the Cayman Islands, while four are in Guernsey. “Customer...

Chambers recognises seven Appleby lawyers
Royal Gazette

Seven lawyers from across Applebys global network have been recognised in the Chambers Global High Net Worth Guide 2018. Carlos de Serpa Pimentel, a partner and head of Applebys Private Client and Trusts team who is based...

Conyers Awarded Top Ranking As Offshore Trust
Bernews

Conyers Dill & Pearman’s Private Client & Trust practice has been ranked Band 1 in Bermuda and the Cayman Islands in Chambers & Partners’ High Net Worth guide. Conyers is the only firm in Bermuda...

LOM Releases 2018 Half Year Financial Results
Bernews

In a filing with the Bermuda Stock Exchange [BSX] LOM Financial Limited announced 2018 Half Year Financial Results. In a letter to shareholders, the Company’s CEO stated: To our Shareholders: The first half of 2018...

Conyers Lawyers Make Private Client Global List
Bernews

The Private Client Global Elite list, which names the world’s top lawyers advising ultra-high net worth clients, this year includes six lawyers from Conyers Dill & Pearman. Those listed are Alec Anderson, Ben...

Chambers accolade for Conyers and Anderson
Royal Gazette

Conyers Dill and Pearmans Private Client and Trust practice has been ranked Band 1 in Bermuda and the Cayman Islands in Chambers amp Partners High Net Worth guide. Conyers is the only firm in Bermuda ranked Band 1 for...

United Church partners with Rivi on office complex
Jamaica Gleaner

The United Church in Jamaica and the Cayman Islands is partnering with development company Rivi Gardner...

Growth & Jobs | Damayo Riley - master barber and entrepreneur on the rise
Jamaica Gleaner

At age 21, Damayo Riley supervises five other persons at a salon in Grand Cayman. On Tuesdays, which are his days off, he reads books about leadership and business management.An avid reader, he is quick to point out that...

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