CAYMAN FOCUS 2022
Contents
Foreword
Evolving standards have been a focus for the jurisdiction in recent years, with Cayman dealing with external assessments by international regulatory bodies and jurisdictional initiatives, as the Hon. André Ebanks, MP, Minister of Financial Services and Commerce, reflects.
Renewed optimism for future growth
Martin Cooke, chair of CII’s marketing committee, reflects on another challenging year and how Cayman’s insurance industry has responded.
Why choose Cayman?
At the core of its appeal is Cayman’s status as a pure tax neutral jurisdiction, says Travis Webster of Cayman Finance.
Playing a leading role
The jurisdiction’s robust regulatory framework and supporting service providers remain positioned for continued growth opportunities, says CIMA.
The secret formula
Despite the rise of the onshore jurisdictions, Cayman is safely maintaining its position as a domicile of choice..
Taking a fresh approach
The COVID-19 pandemic has served to further accelerate innovation. Captive International reports.
The heart of healthcare
With the ongoing hive of merger activity in the US healthcare sector, business is booming.
Safety in numbers
Cayman, with its reputation as a captive insurance-friendly domicile, is the perfect home for group captives.
Cayman can ride the wave of new captive formations
Cayman is well positioned to spread its net far beyond its traditional healthcare territory, says Pete Kranz at Beecher Carlson.
The use of SPCs
There are many reasons to choose a cell structure for efficient captive insurance, says Kevin Poole of Artex Risk Solutions.
Interdisciplinary teamwork drives our value proposition
There has been a quantum leap in the use of data; this should be harnessed in support of truly well-informed risk financing decisions, according to Willis Towers Watson.
Inflation risk: is it here to stay?
Inflation risk is very concerning to captive managers and risk managers. Jesse Sommer and Margaret McGuire of Guy Carpenter investigate.
Internal audit in the captive insurance sector
The aim of an internal audit is to provide independent assurance that a captive is operating effectively. Philip Alexander of RSM Cayman explains the principles.
Cayman Awards 2021 Roll Call
The best of the best service providers, highlighting their efforts and achievements as voted by readers of Captive International and others around the world.
A great service
Kensington Management Group is a full-service captive insurance manager, with niche expertise in group captive management.
Committed to innovation
Walkers aims to be the go-to firm for regulatory matters involving the entire re/insurance sector, says partner Tony De Quintal.
A unique approach
EY brings the entire global firm’s power together across multiple disciplines, according to Jim Bulkowski.
Building an innovative environment
SIGMA continues to focus on educational resources in the captive insurance space: Al Rhodes.
Banking on success
Comerica prides itself on a full range of banking services, says Martin G. Ellis.
Intelligence, energy and integrity
RBC Dominion Securities has a long-standing commitment and tradition of excellence in the Caribbean. Stephen Price explains.
Service, responsiveness, and value
Wilmington Trust is one of the few banks that has a dedicated group handling only insurance-related collateral requirements, says Robert Quinn.
