Topic: reinsurance
Premier announces Cayman’s US-recognition reinsurance bid
Speaking at Reconnect 2026, the premier announced that Cayman would submit its long-mooted bid for qualified jurisdiction status by July.
Cayman’s biggest reinsurance conference returns
Hundreds of international and local reinsurance professionals convene for ReConnect 2026.
Cayman reinsurance: Setting the record straight
Writer set the record straight with regard to establishing, capitalising and regulating Cayman's reinsurance entities.
Private credit downturn poses test for reinsurance industry
It remains to be seen how the downturn in international private credit markets will hit the global reinsurance industry.
Insurtech success highlights Cayman’s attraction for reinsurance start-ups
Cayman-based insurtech Kettle’s recent investment and partnership deal with large US insurer RLI shows how reinsurance start-ups are thriving in the jurisdiction.
Cayman reinsurance assets top US$100 billion for the first time
The latest figures from Cayman’s regulator show the jurisdiction’s reinsurance sector is expanding rapidly.
‘Softening’ global reinsurance market will cut Cayman’s property insurance costs
Cayman homeowners are set to benefit from softening premiums in the global reinsurance market that will lead to lower property insurance prices on the islands.
Cayman aims for US reinsurance recognition
The premier, regulators and reinsurance professionals are pushing for a US insurance regulatory body to award Cayman qualified jurisdiction status.
International insurance will have bigger Cayman impact
The Cayman Captive Forum highlighted a fast-growing international insurance industry that will become more visible on the islands.
PwC Cayman wins two Captive Review awards
The Cayman office of international financial services firm PwC has been awarded a brace of accountancy accolades.
What Melissa devastation tells us about Cayman’s hurricane insurance
Hurricane Melissa has wrought billions of dollars’ worth of havoc across Jamaica, Cuba and Haiti, yet the long-term impact on Cayman's insurance coverage is less clear.
More international insurers come to Cayman
Fresh data from the Cayman Islands Monetary Authority reveals a steady growth in the jurisdiction’s insurance industry.
Cayman reinsurers hit back at The Wall Street Journal
The Cayman International Reinsurance Companies Association has published its official response to a 6 Oct. Wall Street Journal article that criticised Cayman as a reinsurance jurisdiction.
Cayman reinsurer’s London office fined $2M for regulatory failures
A Cayman Islands reinsurance firm has been slapped with a large fine on its London operation in a first by a Bank of England-run regulator.
Reinsurance company licences continue to increase
The number of licences granted in a specialist reinsurance category has jumped by half year-on-year, the latest government figures show.
Failure to adapt to AI could put reinsurance sector at risk
An actuary has warned that the reinsurance industry risks falling behind if it fails to grasp opportunities generated by new technologies such as artificial intelligence.
Actuary calls for more Caymanians to join profession
More young Caymanians should consider training as actuaries to meet future demand, according to a professional in the field.
Cayman edges closer to coveted US qualified status in reinsurance
Cayman is making progress in obtaining a prestigious seal of approval from US regulators, a senior official at the Cayman Islands Monetary Authority said.
Insurance industry adds $233M a year to Cayman economy, study says
The report showed that the insurance industry directly employed 256 people, with almost half of the posts held by Caymanians.
CEO of US insurance giant asks Trump to halt ‘unhealthy’ Cayman competition
The head of a giant US life insurer has appealed to President Donald Trump and regulators to crush Cayman's life reinsurance business.
Bermuda lobbying claim over Cayman US insurance status bid
Sources in both jurisdictions have claimed Bermuda has launched a lobbying campaign in an effort to hinder Cayman’s bid to gain US ‘qualified jurisdiction’ status in the insurance business.
Bermuda fears turf war as Cayman’s reinsurance sector rises
Bermuda's reinsurance industry fears a boom in the sector in the Cayman Islands could lose it valuable business, a veteran executive has said.
Cayman emerges as key reinsurance hub at ReConnect conference
More than 400 reinsurance professionals attended ReConnect, Cayman’s first dedicated conference to the industry sector on 18 and 19 April at The Ritz-Carlton.
Cayman Islands Hosts Successful Inaugural Reinsurance Conference, [Re]Connect
The Cayman Islands hosted its first dedicated reinsurance conference, [Re]Connect, on April 18 and 19, marking a significant milestone in the global reinsurance landscape.
2023 sees decade-high issuance of international insurance licences
The Cayman Islands Monetary Authority issued more new international insurance licences last year than it had in any other single year in more than a decade.
How hurricanes and US wildfires impact your bottom line
A significant rise in home insurance premiums is proving to be both a cost-of-living challenge and a climate crisis in the making for the Cayman Islands.
Cayman’s insurance and reinsurance industry posts strong growth in 2022
The Cayman Islands insurance and reinsurance industry demonstrated continued resilience with new data released by the Cayman Islands Monetary Authority (CIMA) showing strong growth in new licenses issued in 2022.
Oxbridge Re to issue tokenised reinsurance securities
Cayman Islands-based reinsurance firm Oxbridge Re Holdings Limited has a new BVI subsidiary, SurancePlus, to issue tokenised reinsurance securities.
CIMA revokes licence of insolvent reinsurer Alpha Re
The Cayman Islands Monetary Authority has notified the official liquidators of Alpha Re that it has pulled the insolvent reinsurer’s insurance licence for continued breaches of the Insurance Act.
Willis Re: Reinsurers stop downward trend
Reinsurers have halted the persistent downward trends of recent years, despite the impact of COVID-19 on working conditions and risk exposures.
Cayman reinsurers form industry body
Six Cayman Islands-based reinsurance companies have formed a new industry group, the Cayman International Reinsurance Companies Association (CIRCA).
Greenlight Re reports fourth-quarter loss
Greenlight Re reported a net loss of $30.3 million for the fourth quarter of 2019, impacted by a $14.2 million catastrophe loss related to typhoons Hagibis and Faxai.
CIMA issues 16 new insurance company licences, total number drops
The Cayman Islands Monetary Authority has issued 16 new insurance and reinsurance company licences in 2019 to date.
Grand Court orders winding-up of reinsurer
The Grand Court has granted the Cayman Islands Monetary Authority’s petition for the winding-up of Beechwood Re, a reinsurance firm being sued for fraud in the U.S., and with ties to a hedge fund whose former executives are facing civil and criminal fraud charges in the U.S.
New reinsurance firm celebrates opening
Monday was a red-letter day for Cayman’s newest reinsurance company, Aureum Re, which held its office launch party that night at Camana Bay after opening nearly a year ago.
Greenlight Capital Re chief executive to step down
Cayman reinsurer Greenlight Capital Re, Ltd. has announced that Barton Hedges will step down as chief executive officer on March 31, 2017.
New reinsurance vehicle domiciles in Cayman
Crosswinds Re, a new specialty reinsurance business vehicle, has obtained a class B reinsurer license from the Cayman Islands Monetary Authority.
Gov’t considers new steps to attract reinsurance industry
Members of the Legislative Assembly have voted in favor of a private members’ motion to consider giving incentives to reinsurance and hedge fund management businesses and their senior executives.
