Apr 19, 2024
George Town, Grand Cayman, April 18, 2024 – The Cayman Islands Monetary Authority (CIMA) has just released licensing statistics for 1Q 2024 which showed that between January and March 2024, CIMA issued twelve new international insurer licenses -- four B(i)s and eight B(iii)s.
All Articles
Jan 23, 2024
George Town, Grand Cayman, January 23, 2024 – The final 2024 quarterly insurance sector licensing statistics released by the Cayman Islands Monetary Authority (CIMA) show that last year the jurisdiction issued 40 new international insurance licenses – the largest number of licenses issued in a single year in more than a decade.
Read more
Jan 4, 2024
George Town, Grand Cayman, January 03, 2024 - Barents Re Reinsurance Company, Inc. (Barents Re) has reaffirmed its commitment to the Insurance Managers Association of Cayman (IMAC) Educational Scholarship Fund, a program that has successfully raised over $5 million since its establishment, enabling 65 young Caymanians to pursue higher education. The scholarship program depends on contributions from the Association's members and industry partners who share the vision of empowering the next generation in the Cayman Islands.
Read more
Dec 20, 2023
George Town, Grand Cayman, December 19, 2023 – The Insurance Managers Association of Cayman (IMAC) held their Annual General Meeting (AGM) in early December, announcing new board positions for 2024. The Executive Committee will be Chaired by Kieran Mehigan, with James Trundle serving as Vice Chair. Mike Scott will serve as Treasurer and Erin Brosnihan will serve as Secretary.
Read more Nov 10, 2023
The latest insurance sector licensing statistics released by the Cayman Islands Monetary Authority (CIMA) have shown continued international interest in the captive insurance industry, which has maintained its extremely strong position.
Read more
Nov 3, 2023
George Town, Grand Cayman, 3 November 2023 – The Insurance Managers Association of Cayman (IMAC) is pleased to announce that their 2023 golf scramble held on Friday, 27 October raised over eighteen and a half thousand dollars to benefit their Educational Scholarship Fund.
Read more
Oct 17, 2023
Kevin Poole, the General Manager of the Insurance Managers Association of Cayman, talks about what
makes the Cayman Islands such an attractive location for domiciling a captive insurance company
IMAC Event