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There are more than 5,000 captive insurance companies globally, each of them covering different kinds of risks and providing different kinds of benefits to the owning companies. Learn more about the captive insurance industry in general, and Cayman's industry more specifically by exploring the materials offered here.
I really do see the captive industry as very strong and built on a very solid foundation of rigorous risk management resulting in low loss ratios and efficient expenses. Certainly in the last four years, captives have been very efficient at maximising value and, I might add, so have the insurance managers. I would like to believe that good fundamentals will lead to an increase in the usage of captives. Gorden Rowell, Head of Insurance Supervision, Cayman Islands Monetary Authority
George Town, Grand Cayman: 18 January 2017
The Cayman Islands insurance management industry enjoyed remarkable success in new captive, international insurance and reinsurance and life and annuity company formations during the 4th quarter of 2016, with a tot...