Topic: Captives
CIMA: Insurance industry statistics point to successful year
Cayman Islands Monetary Authority has licensed 20 new insurers or reinsurers in the first six months of 2021.
AM Best-rated captives continue to outperform commercial insurers
The operating results of captive insurance companies rated by AM Best in Bermuda, Cayman Islands and Barbados continue to outperform the segment’s counterparts in the commercial casualty insurance sector.
Cayman and Bermuda captives outperform commercial insurers
Captive insurers domiciled in Bermuda and the Cayman Islands posted strong operating earnings and outperformed commercial insurance companies, rating agency A.M. Best reported.
