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A service for global professionals · Monday, April 14, 2025 · 803,192,718 Articles · 3+ Million Readers
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Cayman Islands Floods Newswire

  • Published on 07:56 GMT

    Cayman edges closer to coveted US qualified status in reinsurance

    Cayman is making progress in obtaining a prestigious seal of approval from US regulators, a senior official at the Cayman Islands Monetary Authority has said. Kara Ebanks, the head of CIMA’s insurance supervision division, said achieving qualified …

    Source: Cayman Compass - Indeterminate
  • Published on Apr 11, 2025

    Abraaj posts $188 million loss after using investor funds

    Abraaj Holdings had an “unusual” business model reliant on short-term borrowing, and key financial statements are missing or nonexistent, according to one of the firms tasked with salvaging the Dubai-based private-equity firm’s assets. In a report seen by …

    Source: The National News - Pro-Government
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