October 23, 2019

Overview of Cayman Islands law governing mutual funds – Q&A

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By Gary Smith Partner, From Loebsmith 21 March 2018 1. What are the key statutes and regulations that govern mutual funds in the Cayman Islands? Which regulatory bodies regulate mutual funds? The primary legislation regulating mutual funds in the Cayman Islands is the Mutual Funds Law (2015 Revision) (the “Funds Law”) and accompanying regulations. What […]

ILS in the Cayman Islands

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By John Dykstra From Maples and Calder John Dykstra of Maples and Calder talks about the market-leading variety available in the Cayman Islands The history of ILS in the Cayman Islands goes all the way back to the 1990s, when the very fi rst catastrophe bond transactions were set up in the jurisdiction. The ILS […]

Cayman Islands: The Insurance and Reinsurance Law Review

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The Insurance and Reinsurance Law Review From Law Business Research Ltd (Editor Peter Rogan – Fourth Edition) CAYMAN ISLANDS ………………………….. Tim Frawley and John Dykstra From Maples & Calder   I            INTRODUCTION   The insurance market in the Cayman Islands is divided into domestic business, captive insurance, special purpose vehicle (SPV) insurance and commercial reinsurance. […]

British Virgin Islands insurance legislation overhauled

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From Harneys The British Virgin Islands has gazetted the Virgin Islands Insurance (Amendment) Act 2015 and the Insurance Amendment Regulations 2015. These acts have been introduced to modernise the provision of insurance business in and from within the British Virgin Islands. There are some significant changes which will open up new opportunities and improve functionality […]

Cayman Islands Portfolio Insurance Companies

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From Conyers Dill & Pearman The long awaited portfolio insurance company legislation is now in force. Those familiar with the Cayman Islands segregated portfolio company (the “SPC”) will note that an SPC is one legal entity irrespective of the number of segregated portfolios created. This means that segregated portfolios forming part of the SPC cannot […]

The Cayman Islands Segregated Portfolio Company turns sixteen

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By Rachael Reynolds, Partner, and Jennifer Fox, Senior Associate, Ogier, Cayman Islands From International Corporate Rescue May 2014 marks the sixteenth anniversary of the Cayman Islands segregated portfolio company (‘SPC’). This article takes a look back at the SPC’s first decade and a half and in particular at the principles which have emerged from the […]

The Cayman Islands Segregated Portfolio Company turns sixteen

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By Rachael Reynolds, Partner, and Jennifer Fox, Senior Associate, Ogier, Cayman Islands From International Corporate Rescue May 2014 marks the sixteenth anniversary of the Cayman Islands segregated portfolio company (‘SPC’). This article takes a look back at the SPC’s first decade and a half and in particular at the principles which have emerged from the […]

Sunset Brands, Inc. DBA Sunset Capital Assets

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Sunset Brands, Inc. DBA Sunset Capital Assets (OTC: SSBN), announces Sunset Capital Assurance, segregated portfolio company JACKSONVILLE, FL–(Marketwired – May 8, 2014) – Sunset Capital Assets, Inc. (OTC: SSBN), a Nevada corporation, traded on the Over the Counter (OTC) markets “pink sheets” as SSBN, announced today the Company is forming and licensing its first Captive […]

1MDB placed RM12.5bil out with foreign fund managers

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From The Star PETALING JAYA: 1Malaysia Development Bhd (1MDB) has placed out a total of US$3.8bil (RM12.5bil) in the hands of overseas fund managers, based on the details of its accounts for the financial year ended March 31, 2013. The fund, which started in 2009 with a capital of RM5bil raised through government guaranteed papers, […]