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.
Industry executives speaking at the Guernsey Insurance Forum remain optimistic for the future of the domicile and its relationship with the UK and the rest of Europe. Captive International reports.
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.
Premium financing has been gaining traction in the pure captives space—but what are the benefits? Dan Duncan of MW Premium Finance Corp has the details.
Moody’s ratings agency has faced allegations from a former employee around the accounting practices of its captive, Moody’s Assurance Company. Matthew Queen of Venture Captive Management looks at the wider implications.
US tax reform, natural catastrophes and new technologies are all shifting insurance market conditions, which is having an impact on captives in Bermuda, explains Gary Harris of Appleby.
Against a backdrop of legislative pressures, Brexit and BEPS, many companies in Europe are reconsidering why they need a captive, as Alexandra Gedge of JLT Insurance Management explains.
Guernsey’s longstanding business ties with China are starting to generate captive insurance business from the country, says Dominic Wheatley of Guernsey Finance