Premier Alden McLaughlin has left for two conferences in New York aimed at discussing issues impacting the local financial services industry.
McLaughlin departed on Sunday. He is leading a delegation that includes Attorney General Samuel Bulgin, Financial Services Minister Tara Rivers and Director of the Department of Financial Services Michelle Bahadur, according to an Office of the Premier statement issued Friday.
The premier is expected to attend the seventh annual Cayman Finance New York breakfast briefing on Tuesday at the Harvard Club of New York City.
According to Cayman Finance’s website, the event provides the opportunity to learn more about the latest developments in the Cayman Islands financial services industry.
“At the meeting, the Premier will deliver remarks promoting the Cayman Islands as a reliable and stable jurisdiction in which to do business,” the premier’s office statement said.
The Cayman delegation will attend the second Cayman Finance New York Reinsurance Roundtable on Tuesday.
“With more than 600 captive insurance and reinsurance companies and several large reinsurance companies domiciled in the Cayman Islands, this is an important sector for Cayman’s financial services industry,” the statement added.
Members of the Cayman Islands Monetary Authority, Ministry of International Trade, Investment, Aviation and Maritime Affairs Chief Officer Eric Bush, the premier’s senior political advisor Roy Tatum, and McLaughlin’s personal assistant Jana Pouchie-Bush are also part of the delegation.