News

Agenda released for the world’s largest captive forum – Cayman Captive Forum 2024

Oct 4, 2024

George Town, Grand Cayman, October 02, 2024 – The Insurance Managers Association of Cayman (IMAC) has announced the agenda for the Cayman Captive Forum 2024. Registration remains open, offering attendees access to world-class expertise and exceptional networking opportunities at the largest captive insurance event in the world.

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The Evolution of Insurance-Linked Securities (ILS) in the Cayman Islands

Sep 20, 2024

In a recent article written by Philippa Gilkes of Conyers, on behalf of IMAC, the dynamic growth of Insurance-Linked Securities (ILS) within the Cayman Islands is explored. As a leading domicile for ILS transactions, the Cayman Islands has emerged as a hub for innovation in the global insurance market.

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IMAC’s Annual Gala raises over US$42,000 for Educational Scholarship Fund

Sep 18, 2024

George Town, Grand Cayman, September 16, 2024 - Members of the Cayman Islands insurance industry gathered at the Kimpton Seafire Hotel for the 12th Annual Gala & Scholarship Fundraiser on Saturday September 14th, hosted by the Insurance Managers Association of Cayman (IMAC). Comedian Eddie Brill, best known as the warm-up act for David Letterman, entertained guests as the after-dinner speaker for the evening.

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Cayman Update: Continued Growth and an Assured Future

Aug 23, 2024

George Town, Grand Cayman, August 23, 2024 - Statistics for 2023 released by the Cayman Islands Monetary Authority (CIMA) showed the jurisdiction issued 41 new international insurance licences that year, the largest number of licences issued in a single year in more than a decade.

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Influential Women in Captive Insurance in the Cayman Islands

Aug 9, 2024

George Town, Grand Cayman, August 9, 2024 – We are delighted to showcase several women based in Cayman who were recently highlighted in Captive International’s Influential Women in Captive Insurance issue.

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International Insurance Licenses in the Cayman Islands up 50% over same period in 2023 according to new 2Q stats.

Jul 30, 2024

George Town, Grand Cayman, July 29, 2024 – The Cayman Islands Monetary Authority (CIMA) has just released licensing statistics for 2Q 2024 which showed that between April and June 2024, CIMA issued twelve new international insurer licenses -- three B(i)s, one B(ii), six B(iii)s plus a class C and a class D reinsurer. In addition, two new insurance managers were also licensed.

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2024 Cayman Captive Forum Keynote Speakers are announced

Jul 23, 2024

George Town, Grand Cayman, July 23, 2024 – The Insurance Managers Association of Cayman (IMAC) has announced two keynote speakers for this year’s Cayman Captive Forum, set for December 3-5 at the Ritz-Carlton, Grand Cayman.

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