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The quality of a company’s supply chain is an increasingly important consideration, with two-thirds of business value now locked up in such relationships. 11 June 2013
Cayman analysis
Southport Re, the reinsurance subsidiary of a New York City-based private equity firm, has become the first insurer in the Cayman Islands to take advantage of the Island’s recently amended Insurance Law. 6 June 2013
Analysis
Politically motivated ‘potshots’ are unlikely to dissuade informed risk managers from considering their offshore options. 6 June 2013
Cayman analysis
Southport Re, the captive reinsurance subsidiary of New York private equity firm Southport Lane, has amended its Cayman captive classification from Class B to a new Class D open market reinsurer license. 30 May 2013
Cayman analysis
The US’s largest insurer, MetLife has moved to close its Cayman-based captive following accusations from the New York Department of Financial Services that the entity was obscuring risks held by the insurer. 23 May 2013
Bermuda analysis
The Marsh annual benchmarking report for 2012 found that new captive owners are gravitating toward onshore domiciles in the US and the EU, although few existing captives are re-domesticating to onshore jurisdictions. 29 April 2013
Cayman analysis
The Cayman Islands captive insurance industry has rolled out a new brand at the RIMS 2013 conference to promote “its integrity and transparency”. 24 April 2013
Analysis
The CCRIF has signed a Memorandum of Understanding formalising a donation of $100,000 to the government of Jamaica to aid in the nation’s post-Sandy recovery. 22 April 2013
Analysis
The Cayman Islands will be rolling a rebrand of its captive sector at this year’s RIMS in Los Angeles under the tagline Cayman Islands: clearly better business, as the domicile promotes its international credentials in transparency. 19 April 2013
Cayman analysis
In its latest Global Forum Peer Review, the OECD has given Cayman top marks for its “robust and transparent” legal and regulatory regime. 18 April 2013
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