Archive for December 18th, 2017

7-bed house on 7MB sells for record price tag

7-bed house on 7MB sells for record price tag

| 18/12/2017 | 0 Comments

(CNS Business): A single family home on Seven Mile Beach was sold last week for a record-breaking US$12.5 million, the highest sale price for a stand-alone family house in the Cayman Islands. Kim Lund from RE/MAX, who sold the Coconut Walk Estate, said it eclipsed the last record price for a home sale by over US$4.5 million. […]

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Captive market claims boost to local economy

Captive market claims boost to local economy

| 18/12/2017 | 0 Comments

(CNS):  The Insurance Managers Association of Cayman claims that the captive market generated US$100 million for the local economy in 2016, based on recently published results from an economic impact survey. An IMAC survey found that the captive industry generated US$72 million in revenue for Cayman’s service providers, and currently provides employment for around 300, nearly half of whom […]

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