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Global Captive Management (GCM), a captive manager licensed in the Cayman Islands, South Carolina and New Jersey, has promoted three of its employees to its senior management team. 20 July 2018
Analysis
Specialised large account insurance broker Beecher Carlson has expanded its captive practice in the Cayman Islands with the appointment of Clayton Price. 18 July 2018
Analysis
The Cayman Islands Monetary Authority issued 14 captive insurance licenses during the second quarter of 2018, including two portfolio insurance companies (PICs). 16 July 2018
Analysis
International law firm Bedell Cristin plans to merge with Cayman-based law firm Solomon Harris. 12 July 2018
Analysis
Captive insurance and risk financing advisor Cutts-Watson Consulting has appointed Conor Jennings as a consultant, based in Guernsey. 10 July 2018
Analysis
James Bulkowski, senior manager at EY, will be relocating to the Cayman Islands from the US, effective July 9, and assuming an expanded role at the firm. 2 July 2018
Accounting & tax analysis
The UK House of Commons has passed a bill that would require public ownership registers in the Cayman Islands and other British Overseas Territories by December 2020. 3 May 2018
Analysis
Ratings agency AM Best has affirmed the financial strength rating of A (Excellent) of Palms Insurance Company, the Cayman Islands-based single parent captive of NextEra Energy Capital Holdings (NEECH). 30 April 2018
Analysis
Conyers Dill & Pearman has appointed Derek Stenson as a partner in the Cayman Islands corporate practice. 9 April 2018
Analysis
While overall growth in captive formations has been nominal - less than 1 percent annual growth for total captives worldwide - there are group captive programmes which have experienced significant growth, with certain group programmes 50 percent growth in membership in the last five years, according to analysis in a Strategic Risk Solutions webinar. 11 March 2018
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