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CIMA pulls captive license for regulatory breaches
11 January 2021
Reporter Maria Ward-Brennan

The Cayman Islands Monetary Authority has revoked CTS Captive Management insurance managers licence for regulatory breaches and insolvency, effective 30 December 2020

New reinsurers group formed in Cayman
04 January 2021
Reporter Maria Ward-Brennan

A group of reinsurance companies located in the Cayman Islands have formed a new industry group, the Cayman International Reinsurance Companies Association

CIMA reveals that Cayman Islands licensed nine captives in Q3
06 November 2020
Reporter Maria Ward-Brennan

Nine new captive insurance companies were licensed in the Cayman Islands during Q3, according to the Cayman Islands Monetary Authority

Erin Brosnihan takes on president role at Kensington Management Group
02 November 2020
Reporter Maria Ward-Brennan

Kensington Management Group has appointed Erin Brosnihan as president of the full-service management firms

Cayman Islands removed from EU’s blacklist
07 October 2020
Reporter Maria Ward-Brennan

The Cayman Islands have been “completely delisted” from the EU list of non-cooperative jurisdictions for tax purposes due to “having delivered on their pending commitments"

Cayman International Insurance cancels December forum
05 June 2020
Reporter Maria Ward-Brennan

Cayman International Insurance has cancelled the Cayman Captive Forum due to uncertainty around the COVID-19 pandemic, economic downturn, border closures, and current state of the hospitality industry on the island

Cayman sees positive Q1
15 May 2020
Reporter Maria Ward-Brennan

The Cayman Islands Monetary Authority revealed that as of 31 March 2020 there were a total of 660 Class B, C and D insurance companies and 25 insurance managers under the supervision of the Division

Willis hires Gareth van den Bergh in Cayman
14 May 2020
Reporter Maria Ward-Brennan

Gareth van den Bergh has been hired as a senior account manager at Willis Towers Watson (WTW), based in the firm’s Cayman office

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