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Cayman Government welcomes Cayman Captive Forum attendees
Delegates at the 2017 Cayman Captive Forum have been officially welcomed on behalf of the Cayman Islands Government, with a speech from the Right Hon Roy Mctaggert, Minister of Financial Affairs.
IMAC opens 2017 Cayman Captive Forum
The 2017 Cayman Captive Forum has opened with Erin Brosnihan, vice chair of IMAC, welcoming attendees. She said that that she was proud and excited to recognise the milestone of 25 years of the conference, which has gone from its inaugural event where a few dozen attended, to now attracting over 1400 delegates. Brosnihan claimed that this year’s forum was the biggest yet, making it the leading attended captive conference in the world.
Artex buys up Chandler Insurance Management
Artex Risk Solutions has announced the acquisition of Chandler Insurance Management for an undisclosed sum.
23 new insurer licenses issued in Cayman Islands so far in 2017
The Cayman Islands insurance industry has issued 23 new insurance licenses so far in 2017, as of October 9.
AM Best rates Schlumberger's three captives
AM Best has affirmed the financial strength rating of A (Excellent) of Castle Harbour Insurance, Harrington Sound Insurance and Colliers Bay Insurance.
AM Best gives ‘Excellent’ rating to Phillips 66 captives
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Spirit Insurance Company and, based in Vermont, and Radius Insurance Company, based in the Cayman Islands. The outlook of these ratings is stable.
R&Q completes novation from Cayman group captive
Randall & Quilter (R&Q) has completed a novation of reinsurance policies issued between 2006 and 2011 from a group captive domiciled in the Cayman Islands.
Harvey, Irma and other recent cat events shine spotlight on captives, says Towle
Recent natural disasters have shone a spotlight on captive insurance, which can play an important role in helping organisations defray some of the related financial losses, according to Anne Marie Towle, executive vice president and captive consulting practice leader at JLT Insurance Management.
Stability and team approach are Cayman's strengths, says IMAC panel
One of the strengths of the Cayman Islands as a domicile is its team approach to captives, according to Julie Robertson, partner and chair at Honigman Miller Schwartz and Cohn.
Cayman Finance CEO promotes Caymans in London trip
Cayman Finance CEO Jude Scott has finished a two week visit to London to promote the Cayman Islands financial services industry and its role within the global financial economy.
