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.
As global developments shape its future, Cayman stands firmly on its competitive advantages and a solid framework through which to attract business, writes Hon. Alden McLaughlin, Premier of the Cayman Islands.
Captive managers should consider leveraging powerful players outside the industry, says Jim Weynand, chief revenue officer of Check-6 International.
We are in a ‘low return’ world: What is the market outlook and how should captives navigate it? Lisl Lewis at London & Capital offers some guidance.
The basic components of effective risk management will help risk managers respond to the challenges set by regulators and shareholders, says Alexey Sidorenko, vice president of the Institute for Strategic Risk Analysis in Decision Making (ISAR).
The captive solution—a company’s own piggy bank—emerges as a contemporary approach to new risks that may be covered at only great expense, or not at all, on the traditional insurance market. Marcus Schmalbach of Fachhochschule des Mittelstands.
Butterfield has provided customers with innovative, quality products with a customised approach for more than 150 years.
Kay Carter, a senior associate with lawyers Solomon Harris, charts the history of Cayman’s segregated portfolio companies and explains why they have become a robust choice of vehicle in any circumstances where segregation of the programmes run by the cells is important.
With Europe poised to enact strict regulations regarding capital adequacy and risk management, the decision by the Cayman Islands to stand on the sidelines and monitor developments looks increasingly wise.