December 18, 2017

Cayman Islands gain $100 million from captive industry

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By Marianne Lehnis From Reinsurance News Cayman’s captive insurance industry generated $100 million for the island’s economy in 2016, according to an economic impact survey by the Insurance Managers Association of Cayman (IMAC). The Q3 results from the Cayman Islands Monetary Authority (CIMA) showed the insurance industry for Cayman have total premiums written at nearly […]

Words of optimism for Cayman Islands at 25th Captive Forum

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George Town, Grand Cayman Encouraging themes of optimism kick-started this year’s 25th annual Cayman Captive Forum. Famed as being the world’s largest captive insurance conference, the Forum opened with a bang at the Ritz Carlton last week; stirring inspiration amongst its attendees with dynamic speeches and events. Speakers included TEDx motivational speaker Mel Robbins, who […]

Cayman Islands confirmed as ‘cooperative’ jurisdiction in EU ‘blacklist’ results

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GEORGE TOWN, GRAND CAYMAN, 6 December 2017 From IMAC The results of the EU’s non-cooperative jurisdictions were released yesterday and the Cayman Islands have been confirmed as one of the 47 co-operative jurisdictions. With over 40 years of experience in insurance formation, operation and regulation, the Cayman Islands has truly earned its reputation for integrity, […]

The evolution of the Cayman Captive Forum

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From Captive International This year the Cayman Captive Forum celebrates 25 years since it was created by the Insurance Managers Association of Cayman. Cayman Captive takes a look back at how it started—and how much has changed. A visitor to the Cayman Islands in 1993 might not have noticed at the time, but a small […]

A.M. BestTV to provide video coverage of the 25th Annual Cayman Captive Forum

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OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best is a media partner of the 25th annual Cayman Captive Forum, hosted by the Insurance Managers Association of Cayman (IMAC), being held Nov. 28–30 at The Ritz-Carlton Grand Cayman. A.M.Best TV® will conduct interviews that address the latest industry issues and conference feedback throughout the forum. For details, visit http://www.ambest.tv and […]

Cayman Islands: 4 students awarded IMAC scholarships

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GEORGE TOWN, GRAND CAYMAN, 2 November 2017 Four young Caymanians are pursuing their tertiary education overseas in the upcoming months, thanks to the support of the Insurance Managers Association of Cayman (IMAC). Kimberly Tatum; Isaiah Robinson; Lacee Barnes; and Jake Bennett each received IMAC’s Scholarship this year. The students will be studying at the University […]

Brisk pace continues in 2017 for Cayman Islands Insurance Industry

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Following an excellent year for new insurer licenses issued in 2016 (39 in total), the Cayman Islands Insurance Industry has set a brisk pace to new formations so far in 2017 with 23 new licenses issued. The 3rd quarter saw 7 new Class B formations which include 2 third-party Insurers. For the whole of 2017 […]

Brisk pace continues for Cayman Islands Insurance Industry

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Following an excellent year for new insurer licenses issued in 2016 (39 in total), the Cayman Islands Insurance Industry has set a brisk pace to new formations so far in 2017 with 23 new licenses issued. The 3rd quarter saw 7 new Class B formations which include 2 third-party Insurers. For the whole of 2017 […]

Cayman Captive Forum – Announces Keynote Mel Robbins

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Cayman Captive set to impress once again with TEDX Sensation With only four months until the 25th Cayman Captive Forum is underway, the Insurance Managers Association of Cayman (IMAC) have been busy planning what is to be another impressive lineup of speakers. Known for being the world’s largest captive insurance conferences, Cayman Captive Forum has […]

Buoyant start to 2017 for Cayman Insurance Industry

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GEORGE TOWN, Grand Cayman–(BUSINESS WIRE)–Following an excellent year for new insurer licenses issued in 2016 (39 in total), the Cayman Islands Insurance Industry has seen a buoyant start to 2017, with 8 new Insurer licenses issued in the first quarter. These include 6 Class B licenses, half of which represent third-party Insurers, and 2 Class […]