June 15, 2021

Cayman Islands insurance head reveals how he will meet international standards

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From Captive Insurance Times Cayman Islands After being appointed as permanent head of insurance supervision in Cayman in July, Ruwan Jayasekera reveals how he will continue to strive to meet international best practices and standards while encouraging innovation and sophistication in the domicile The Cayman Islands is already an attractive captive domicile, not forgetting its […]

New Cayman Captive formations continue a pace

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From IMAC The Cayman Islands captive management industry enjoyed continued and remarkable success in new captive formations during the period July 1, 2016 to September 30, 2016 with 10 new formations for the 3 month period. The total number of incorporations in the Cayman Islands for the first 3 quarters of 2016 now stands at […]

Canada is key for Cayman captives

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From Cayman Insurance Times Canada is a key market for Cayman Islands captives, according to Kieran O’Mahony, chairperson of the Insurance Managers Association of Cayman (IMAC). The Cayman Islands captive insurance industry continues to build its position within the Canadian market, according to IMAC. Industry professionals from the Cayman Islands will be attending the upcoming […]

Cayman Captive Insurance Industry builds its presence in Canada

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GEORGE TOWN, Grand Cayman–(BUSINESS WIRE)–The Cayman Islands captive insurance industry continues to build its position within the Canadian market as they head to the 2016 Risk and Insurance Management Society (RIMS) Canada Conference which is being held in Calgary 11–14 September 2016. A team of experienced and respected members from the key Cayman-based insurance managers, […]

New Head of Insurance appointed in Cayman Islands

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From IMAC George Town, Grand Cayman, 19 July 2016 The captive and re/insurance industry in the Cayman Islands is delighted with the announcement that Ruwan Jayasekera has been appointed as Head of Insurance Supervision. Kieran O’Mahony, Chairman of the Insurance Managers Association of Cayman (IMAC) commented “We are extremely pleased with this announcement. Ruwan is […]

Cayman Captive delegation on the road to RIMS

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GEORGE TOWN, Grand Cayman–(BUSINESS WIRE)–Dozens of representatives from Cayman’s captive insurance industry, including the Insurance Managers Association of Cayman (IMAC), Government officials and representatives of the Cayman Islands Monetary Authority (CIMA), and Cayman Finance will be on the road next week to speak to delegates of the annual Risk and Insurance Management Society (RIMS) conference […]

Cayman Captive Forum profits devoted to ensuring the future

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From Captive Insurance With some 1,600 attending last December, perhaps the largest captive insurance conference each year is the Cayman Captive Forum hosted by the Insurance Managers Association of Cayman (IMAC). About 20 years ago, forward-thinking members of IMAC realized that the conference and their other fund-raising capabilities gave the Association a unique opportunity to […]

Cayman Islands requires diligence to keep the pace

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By Becky Butcher From Captive Insurance Times The continued soft traditional insurance market, the ripple effects of healthcare reform in the US and increasing competition from more than 80 captive domiciles requires the Cayman Islands to be more diligent in order to attract new formations, according to the Insurance Managers Association Cayman (IMAC). The Cayman […]

2015 New Cayman Captive formations continue a pace

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GEORGE TOWN, Grand Cayman–(BUSINESS WIRE)–The Cayman Islands captive insurance industry enjoyed robust new captive formation numbers throughout 2015 with 22 new licences being recorded, mirroring the previous year’s numbers exactly. The total number of B, C and D licencees domiciled in the Cayman Islands as at 31 December 2015 was 708, pure captives representing 369 […]

2014 Cayman Captive Forum hosts record numbers

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GEORGE TOWN, GRAND CAYMAN — The 22nd annual Cayman Captive Forum welcomed a record 1,499 registrants, securing its place once again as the world’s largest captive insurance conference. Captive Insurance industry leaders gathered in the Cayman Islands over three days of intensive discussions about current issues, particularly those pertaining to healthcare captives, where Cayman is […]