March 28, 2023

Cayman: No need to panic about new fines and penalties regime: CIMA

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From Captive International “Captives do not need to panic,” about the implementation of the Cayman Islands Monetary Authority’s (CIMA) new fines and penalties regime, according to Ruwan Jayasekera, head of insurance at CIMA. Speaking at the Cayman Captive Forum, Jayasekera said CIMA is only implementing a new fines and penalties regime to demonstrate that it […]

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 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 […]