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](http://i0.wp.com/cnsbusiness.com/wp-content/uploads/2017/12/Coconut-Walk-Estate-on-Seven-Mile-Beach-sold-for-12.5-million.jpg?resize=150%2C150&ssl=1)
7-bed house on 7MB sells for record price tag
(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. […]
![Captive market claims boost to local economy Captive market claims boost to local economy](http://i0.wp.com/cnsbusiness.com/wp-content/uploads/2014/08/insurance-e1441642387129.jpg?resize=150%2C150&ssl=1)
Captive market claims boost to local economy
(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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