Healthcare captives play an increasingly large role in the global captives market. Cayman Captive takes a look at recent developments.
The threat of cyber crime is greater than ever for corporates around the world, and it may surprise some to discover that this complex and rapidly changing risk is starting to find its way into some captives. Cayman Captive explores the logic of such a move.
Pioneer’s group captive programme is providing employee benefits coverage to healthcare employer groups. Mark Troutman of Summit Reinsurance Services and Chris Payne of Alternative Risk Underwriting present a case study of the programme to Cayman Captive.
Under new ownership there are many opportunities for carefully expanding the United Insurance Company offering, and the firm is looking forward to another 40 years of successfully serving its clients, as Andrew Cater explains.
Using a non-traditional reinsurance structure can address issues relating to both assets and liabilities, providing significant risk transfer, capital relief and protection against asset volatility and underperformance, says Nick Campbell of Third Point Re.
Cayman’s hospital and healthcare captives are expanding their writings to include medical stop loss coverage for their self-funded employee benefit healthcare plans, as Phillip Giles of QBE North America explains.
How much of a threat does the US pose to Cayman’s captives market? Cayman Captive investigates.
In 2017, the Cayman Islands Monetary Authority will continue to engage with the captives industry, and collaborate with other stakeholders to identify areas where greater efficiency, flexibility and innovation are necessary.
The Cayman financial regulator and the Insurance Managers Association of Cayman have worked hard to apply the appropriate supervisory approach to captives and traditional re/insurance companies, as Kieran O’Mahony, chair of IMAC, explains.
Cayman has a lot to offer, with a healthy economy and a developing infrastructure being enhanced by multiple capital projects, and the future is bright for the financial services sector, says Wayne Panton, Minister for Financial Services, Commerce & Environment.