Captive International Cayman Focus 2021


Cayman Focus 2021

Captive International’s Cayman Awards 2020: methodology

Roll call for Captive International’s Cayman Awards 2020

Balancing health and wealth

Thanks to bold action the government has protected the health and safety of our citizens, writes The Hon. Alden McLaughlin, the Premier of the Cayman Islands.

A collective approach

A shared desire by all local stakeholders to see captives prosper is at the heart of Cayman’s strength in this space, says The Hon. Tara Rivers, Minister for Financial Services and Home Affairs.

Charting unknown waters

Cayman’s captive insurance industry has demonstrated its resilience and flexibility through a difficult year, writes the Cayman Islands Monetary Authority.

Weathering the storm

It has been a challenging year for the whole industry but the Cayman Islands has strengthened its reputation, says Colin Robinson of Cayman International Insurance.

Rolling with the punches

Some places have adapted better than others to the COVID-19 crisis, and few have coped better than Cayman. Captive International reports.

Strength of purpose

It has been a challenging time but the Cayman captive insurance market has continued to operate in an effective manner, says Andrew Bellfield of the EY region including the Cayman Islands.

The captive piggy bank: are companies raiding it too much?

As the global economy took a turn for the worse CIMA expressed concerns that the solvency of its captives could come under pressure. Captive International reports.

Healing in the age of COVID-19

A year that has been defined by a pandemic was always going to make its mark on the healthcare captives that call Cayman their home. Captive International investigates.

The Rx for writing MSL in healthcare captives

Adding medical stop loss coverage to a captive that offers other, long-tail, lines of coverage can strengthen its portfolio, writes Phillip Giles of MSL Captive Solutions.

A call to action for captives

Using a captive as a centralised risk management tool for employee benefits can help reduce these costs, say Aon’s Aidan Kelly and Vaibhavi Patel.

Making your money work

Captives have to look at their own unique asset and liability profiles to determine their optimal investment strategies. Captive International reports.

Staying safe in turbulent times

Marcus Stafford of Scotiabank shares some simple and straightforward investment concepts to help keep your money safe during times of extreme market volatility.

Impressive growth continues for Cayman PICs

PICs have become a popular option for many businesses that have captives in the Cayman Islands, says Global Captive Management’s Ian Bridges.

Growth, uninterrupted

Cayman continues to experience growth in alternative risk insurance solutions, in particular ILS, group captives and class B(iii) licensees, says Kevin Poole of Artex.

2020: A year we’ll not forget

Martin Cooke of Hyperion Risk Solutions and chair of IMAC’s marketing committee, reflects on a challenging year.

Life on the naughty step

Being on the EU’s blacklist of non-cooperative jurisdictions was a relatively minor problem, but Caymanians were relieved to be taken off the list. Captive International reports.

Transforming for the future

Willis Towers Watson has invested heavily in people and technology to position itself for an increasing number of captive formations in 2021, says the firm’s Peter Carter.

Changing working habits

Many employees would like to keep working from home, at least some of the time, but to make it work employers need to formalise the arrangement, RSM’s Philip Alexander suggests.

Placing risk through data and analytics

Decision-makers are looking for viable alternative methods of handling risk. Timothy Coomer, Michelle Bradley and Enoch Starnes of SIGMA Actuarial Consulting report.

Cayman Awards 2020: Best in the captives class

Introducing Captive International’s second Cayman Awards.

Roll call for the Cayman Awards 2020

Captive International’s second Cayman Awards, with the winners and highly commended firms and individuals for 2020.