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Isle of Man dancer wins Royal Academy of Dance North West Scholarship Auditions 2012

by Lisa Corkish

11-year-old Breeshey Crookall from the Isle of Man, was the winner of the Royal Academy of Dances North West Scholarship Auditions, which took place on Sunday 29 April at William Hulme Grammar School in Manchester.

The Scholarship Auditions saw over 90 candidates ranging from 8 to 13 years of age, experience the challenge of taking a classical ballet class with renowned choreographer Peter Parker, and perform in front of an audience. Selected candidates who showed real confidence in their performance and technique were presented with class trophy awards.

Overall winner, Breeshey, received a trophy and the Jean Brenda Johnson Scholarship cash prize of 200, for further training in classical ballet. Adjudicator Wendy Arshamian spoke of how deserving a winner Breeshey is:

Breeshey was a delightful candidate who showed a natural musicality and joy of dance, she obviously enjoyed every moment of the competition class that she participated in. It was a pleasure to watch her.

Breeshey trains at Genas Dance Academy in Peel, and her teacher Gena Turpin has supported the Scholarship Auditions for many years regularly entering a group from her academy in the event. Gena commented:

Breeshey's hard work and passion for dance has been noticed and rewarded. It was a fantastic day and the level of talent is amazing to watch. We are very pleased that a Manx dancer won the award and has made the Isle of Man proud!

Previous scholarship recipients have gone on to study dance at White Lodge Dance School, achieved distinctions in RAD exams and played parts in local pantomimes, dancing with celebrities such Cilla Black, Les Dennis and Jennifer Ellison.

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Isle of Man dancer wins Royal Academy of Dance North West Scholarship Auditions 2012

Isle of Man Triumphs at prestigious E-Gaming Review Awards

by Anna Hemy

It was a successful night for the Isle of Man and its e-Gaming sector at the eGaming Review Business to Business Awards held on Thursday night (10th May) where companies headquartered on the Isle of Man picked up a total of five awards. Companies headquartered on the Isle of Man were nominated for eighteen awards and the winners included: Continent 8 (Data Centre of the Year), Playtech (Bingo Network of the Year, Slot Provider of the Year, and Poker Network of the Year), and Microgaming (RNG Casino Supplier of the Year and Highly Commended for Poker Software of the Year). The Isle of Man was also represented at the associated conference and exhibition, EGR Subscriber Forum, which was held in the same venue on the 10th May. Several private sector companies exhibited and there were many other attendees from the Islands e-Gaming community along with the Isle of Man Government. Alex Downie OBE, MLC, Political Member for e-Gaming, Isle of Man Government Department of Economic Development commented: It is fantastic to see such a great showing from the Isle of Man at the annual e-Gaming Review Awards, both in terms of attendance from on-Island companies and their success. To have won five awards is an exemplary achievement and goes to demonstrate the quality of the Isle of Mans e-Gaming sector and its continued status as a world-leading centre of excellence for the industry. Nick Nally, Chief Development Officer at Continent 8, winner of the Data Centre of the Year award, commented: Continent 8 is delighted to win the Data Centre of the Year Award for the third year in a row. It represents our continuing commitment to the industry in terms of our product set and footprint. We are particularly happy to join other Isle of Man companies who were successful on the night.

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To have won five awards is an exemplary achievement and goes to demonstrate the quality of the Isle of Mans e-Gaming sector.."

Alex Downie OBE, MLC, Political Member for e-Gaming, Isle of Man Government

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Manx Telecom Ltd 2012

Manx Telecom Ltd, Isle of Man Business Park, Cooil Road, Braddan, Isle of Man IM99 1HX Registered in the Isle of Man Reg no.5629V Vat Reg no GB 003-2919-12

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Isle of Man Triumphs at prestigious E-Gaming Review Awards

Greenlight Re Appoints Drake as VP-Business Development

Cayman Islands-based Greenlight Capital Re, a specialist property and casualty reinsurer,has appointed John H. Drake, Jr. as Vice President, Business Development. He will be responsible for maintaining productive client and broker relationships while also identifying attractive new business opportunities, andwill be based at the Companys headquarters in the Cayman Islands.

Brendan Barry, Chief Underwriting Officer at Greenlight Re, welcomed Drake to the company, noting his experience and a deep understanding of our industry from his years in underwriting, and his established relationships and appreciation for the role of business development in a customer-centric reinsurance company.

Drake has more than 20 years of insurance industry experience and a background that includes underwriting, sales and marketing. He joins Greenlight Re from Swiss Re Corporate Solutions, where he was most recently Vice President, Sales Force Effectiveness Team, and previously served as Vice President, Marketing for Swiss Re Underwriters Agency, Inc.

The bulletin stated that during his time with Swiss Re, Drake developed and maintained broad property & casualty reinsurance broker relationships, and generated new business opportunities across all business lines. He previously held underwriting management positions at OneBeacon Professional Partners, HartRe Company, and Chubb Specialty Insurance.

Drake is a Chartered Property Casualty Underwriter (CPCU) and Associate of Reinsurance (ARe). He also holds a Bachelors Degree from Union College, and is an MBA candidate at Babson Colleges F.W. Olin Graduate School of Business.

Source: Greenlight Re

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Greenlight Re Appoints Drake as VP-Business Development

Greenlight Capital Re Appoints Drake as Vice President, Business Development

GRAND CAYMAN, Cayman Islands, May 14, 2012 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq:GLRE - News), a specialist property and casualty reinsurer, today announced the appointment of John H. Drake, Jr. as Vice President, Business Development. He will be responsible for maintaining productive client and broker relationships while also identifying attractive new business opportunities.

"We are delighted to welcome John to our team as he has the right experience and a deep understanding of our industry from his years in underwriting," said Brendan Barry, Chief Underwriting Officer at Greenlight Re. "With his established relationships and appreciation for the role of business development in a customer-centric reinsurance company, John will help Greenlight Re continue to partner successfully with our clients and the broker community." He will be based at the Company's headquarters in the Cayman Islands.

Mr. Drake brings more than 20 years of insurance industry experience to Greenlight Re, and a background that includes underwriting, sales and marketing. He joins the Company from Swiss Re Corporate Solutions, where he was most recently Vice President, Sales Force Effectiveness Team, and previously served as Vice President, Marketing for Swiss Re Underwriters Agency, Inc. During his time with Swiss Re, Mr. Drake developed and maintained broad property & casualty reinsurance broker relationships, and generated new business opportunities across all business lines. Mr. Drake previously held underwriting management positions at OneBeacon Professional Partners, HartRe Company, and Chubb Specialty Insurance.

Mr. Drake is a Chartered Property Casualty Underwriter (CPCU) and Associate of Reinsurance (ARe). He also holds a Bachelors Degree from Union College, and is an MBA candidate at Babson College's F.W. Olin Graduate School of Business.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of the U.S. federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws. These statements involve risks and uncertainties that could cause actual results to differ materially from those contained in forward-looking statements made on behalf of the Company. These risks and uncertainties include the impact of general economic conditions and conditions affecting the insurance and reinsurance industry, the adequacy of our reserves, our ability to assess underwriting risk, trends in rates for property and casualty insurance and reinsurance, competition, investment market fluctuations, trends in insured and paid losses, catastrophes, regulatory and legal uncertainties and other factors described in our annual report on Form 10-K filed with the Securities Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Greenlight Capital Re, Ltd.

Greenlight Re (www.greenlightre.ky) is a specialist property and casualty reinsurance company based in the Cayman Islands and Ireland. The Company provides a variety of custom-tailored reinsurance solutions to the insurance, risk retention group, captive and financial marketplaces. Established in 2004, Greenlight Re selectively offers customized reinsurance solutions in markets where capacity and alternatives are limited. With a focus on deriving superior returns from both sides of the balance sheet, Greenlight Re's assets are managed according to a value-oriented equity-focused strategy that complements the Company's business goal of long-term growth in book value per share.

The Greenlight Capital Re logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5571

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Greenlight Capital Re Appoints Drake as Vice President, Business Development

Cayman Regulatory Framework Endorsed

15 May 2012

Cayman Finance has welcomed the results of an independent study which places the Cayman Islands among only two offshore territories which have consistently implemented internationally-accepted standards on identity verification during due diligence processes.

Richard Coles Chairman of Cayman Finance, the promotional agency for the islands' financial services industry, noted that the study, carried out by Professor Jason Sharman of Griffith University in Australia, confirms what Cayman Islands officials and industry have been saying all along: that the Cayman Islands is one of the most diligent jurisdictions in the world when it comes to the fight against money laundering and financing of terrorism.

It is certainly refreshing to see the positive results of an independent study after the investment that the Cayman Islands has made - from both an industry as well as government perspective - in enhancing its regulatory framework over the past 15 years, Coles said.

Coles lamented the fact, however, that awareness of the high standards upheld in the Cayman Islands is unfortunately still lacking across the wider international community which seems to be dominated more by stories which perpetuate the old image of offshore being less regulated.

The study showed that the corporate service providers in the Cayman Islands were top of the table of over 183 countries because they required a full suite of identification documentation. The Isle of Man and the Cayman Islands were the only two jurisdictions that had a perfect compliance record, according to the results of the study.

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Cayman Regulatory Framework Endorsed