Healthcare captives continue to show positive growth in Cayman, but outsourcing functions from these entities must be done with due care, says Philip Alexander of RSM.
As the potential benefits of blockchain and cryptocurrencies for captives start to materialise, jurisdictions are competing for the top spot—but where does Cayman stand? Cayman Captive investigates.
As a pioneer of group captives, Captive Resources is increasingly reaping the rewards as growth in this sector continues to accelerate—something that benefits the Cayman Islands as well, says Nick Hentges of Captive Resources.
The Cayman Islands insurance sector is projected to grow steadily in 2018 and 2019, and a number of steps have been taken to engage with new markets and keep the domicile competitive, explains Cindy Scotland of the Cayman Islands Monetary Authority.
Cayman responds positively to global regulatory standards and will continue to promote a healthy business environment, writes the Hon. Tara Rivers, Minister for Financial Services and Home Affairs.
Working closely with the Cayman Islands Monetary Authority and the Insurance Managers Association of Cayman has helped the Cayman government maintain its position as a leader in captives, writes Premier the Hon. Alden McLaughlin.
Various captive insurance domiciles currently on the EU’s ‘grey list’ have been asked to address concerns relating to economic substance lest they get put on the blacklist. But what exactly does that mean? Captive International has the details.
New tax rules in the US could influence the attraction of forming a captive—but there has been little impact yet on the Cayman Islands, which is enjoying robust growth, as Ruwan Jayasekera, head of the Insurance Supervision Division at the Cayman Islands Monetary Authority, explains.
One of the most effective approaches for controlling the cost of employee benefit healthcare delivery is to buy healthcare services more efficiently using self-funded plans and medical stop loss captives, says Phillip Giles of QBE North America.
Monique McDonald of Global Captive Management provides a captive manager’s perspective on the healthcare sector and the vital benefits captive insurance can provide.