Archive for September 30th, 2014
Cruise line eyes bigger slice of the pie
(CNS Business): Royal Caribbean’s ‘Double-Double Program’, a new three-year profitability initiative that aims to double earnings per share and increase the company’s return on capital to double-digits by 2017, may have a negative impact on cruise ports, including Grand Cayman, according to a Canadian academic who researches the cruise industry. Memorial University of Newfoundland Professor […]
CIMA to co-host insurance seminar with Fitch Ratings
(CNS Business): The Cayman Islands Monetary Authority (CIMA) will co-host a seminar with Fitch Ratings in the Cayman Islands next month. Fitch currently rates the securities of 92 different entities domiciled in the Cayman Islands, and considers it an important market. Sponsors of the event include Cayman Islands Insurance Association, Greenlight Re, RBC Wealth Management, Cayman […]
Update to banking regulations enhances Cayman’s appeal
The Cayman Islands have for decades been one of the world’s leading banking and financial centres, currently ranking as the fifth largest banking centre worldwide, with over 200 banks, including 40 of the world’s 50 largest banks, and over US$1.5 trillion in assets, writes Marco Martins, Managing Partner, Harneys. As is the case in most […]
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