From Cayman International Insurance For over 26 years, the Cayman Captive Forum has set the industry agenda with the most relevant topics of discussion. The World’s Largest Captive Insurance Forum Come and join the largest gathering of captive owners and service providers at the world’s biggest captive insurance conference. This year we meet at Grand […]
Q1 off to great start: Cayman International Insurance
April 22, 2018 by Leave a Comment
George Town, Grand Cayman: 19 April 2018 Following a whirlwind of a year for Cayman’s captive insurance industry in 2017 with 33 new formations which brought total assets to US$61 billion, the Cayman Islands insurance industry has seen a promising start to 2018 with the license count standing at 665 after the first quarter. This […]
Cayman a centre for good governance
March 15, 2018 by Leave a Comment
George Town, Grand Cayman, 13 March 2018 A recent story in Newsday (Celeste Hadrick, 8 March 2018) sends a distorted message about the reason for captive insurance companies to have annual board meetings in the Cayman Islands. This best practice has been established over Cayman’s 40+ year history in the industry to ensure that the […]
Cayman Islands: Intertrust supports launch of UK’s First ILS Vehicle And Transaction
January 9, 2018 by Leave a Comment
By Cliff Pearce Intertrust From Mondaq Intertrust, a leading global provider of corporate and fund services, has played a pivotal role in the launch of the UK’s first ILS (Insurance Linked Securities) vehicle, NCM Re (UK PCC) Ltd (“NCM Re”), the launch of which was sponsored by Neon Underwriting, a specialty (re)insurer operating in the […]
Whirlwind of a year for Cayman Captive Insurance
December 21, 2017 by Leave a Comment
The Insurance Managers Association of Cayman have reported another successful year for Cayman’s captive insurance industry. “This year has definitely been a whirlwind,” commented the association’s Chair, Erin Brosnihan. “We work hard to promote the Cayman Islands as the jurisdiction of choice when it comes to international insurance, so we are very proud of the […]
Cayman Islands confirmed as ‘cooperative’ jurisdiction in EU ‘blacklist’ results
December 6, 2017 by Leave a Comment
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, […]
Cayman Insurance’s smash hit – 25 years of the Cayman Islands Captive Forum
November 22, 2017 by Leave a Comment
A 25-year history is something to shout about. The Cayman Captive Forum is the world’s biggest international captive insurance event, where over 1,400 captive directors and managers, CFOs, risk managers and service providers from around across the globe will converge in the Cayman Islands this November to network, learn, and discuss the issues most pressing […]
Caribbean countries discuss multi-country cat bonds with World Bank
October 18, 2017 by Leave a Comment
From Artemis At a meeting of CARICOM Caribbean government leaders and international partners, hosted by the World Bank and International Monetary Fund (IMF), the topic of disaster resilience was high on the agenda and multi-country catastrophe bonds as well as other insurance solutions were discussed. The recent destructive hurricanes that impacted the Caribbean were discussed, […]
Brisk pace continues for Cayman Islands Insurance Industry
October 10, 2017 by Leave a Comment
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 comes from position of strength”
September 14, 2017 by Leave a Comment
George Town, Grand Cayman, 13 September 2017 In the first recorded panel discussion- in what is to be a quarterly feature- it was stated by those who use the Cayman Islands as a domicile for captive insurance companies that Cayman “comes from a position of strength”. The video features a panel consisting of Kieran O’Mahony, […]
