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.
Cindy Scotland, managing director of the Cayman Islands Monetary Authority, explains how the Cayman captive sector is poised to benefit following the introduction of the US Affordable Care Act.
Formed to promote the development of the Cayman Islands financial services industry, Cayman Finance has been instrumental in the growth of the captives sector in Cayman in recent years—and also helped it overcome some of the challenges it has faced. Here, Jude Scott, chief executive of Cayman Finance, gives his take on the captive sector’s importance to Cayman and how collaboration has been key to its enduring success.
Between regulatory changes and promotional visits to international markets such as Canada, it has been a busy 12 months for the Insurance Managers Association of Cayman. But through working smarter and harder and through greater collaboration, the future is bright for the Cayman Islands captives sector, says its chairman Kieran O’Mahony.
The government and the financial industry, including the captives sector, are committed to furthering the fortunes of the Cayman economy and its residents, and doing it well, as the Cayman Islands’ Minister of Financial Services Wayne Panton explains.