It has been a good year for captive redomestications, with Cayman playing to its unique strengths in 2011. Clayton Price details why Cayman can expect further captive interest in the coming years.
Richard Coles, chairman of Cayman Finance, outlines Cayman’s ongoing success as a captive and financial domicile.
Cayman Captive spoke with Cindy Scotland about developments to Cayman’s regulatory framework, the Islands’ decision to opt out of Solvency II and the authority’s ongoing commitment to international standards.
Cayman has opted to stay outside the framework of Solvency II equivalence—at least for now. Here, Cayman Captive explores the merits of the decision.
AM Best details how, despite the soft cycle, captive insurance entities have outperformed the commercial sector across a host of parameters.
Significant health care reform is afoot in the US under the guise of the Patient Protection and Affordable Care Act. Developments are likely to have significant implications for Cayman and international captives.
Washington’s introduction of the Foreign Account Tax Compliance Act is creating additional concerns for offshore entities. Here, the implications of greater tax cooperation and transparency are explored.
Alan Fleming of the Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC) addresses the key risk management concerns faced by today’s captive industry.
The Canada–Cayman Islands bilateral tax information exchange agreement opens further doors for Canadian-owned captive insurance entities.
As the International Accounting Standards Board develops its reporting requirements, PKF’s Ben Leung and Rennie Khan examine the International Financial Reporting Standard 9 and its application for insurance.