As an international financial centre, the Cayman Islands is
constantly seeking to maintain its competitive edge with innovative
transformations and additions that keep the financial services
industry fresh and progressive.
The most recent addition, and a strategic area of growth to
Cayman's financial services industry, is reinsurance. Cayman
Finance officially launched reinsurance as one of its main
recognised sectors of the financial services industry, now featured
alongside banking, investment funds, trusts, insurance and capital
markets, at its annual New York Breakfast Briefing in January
2017.
While still in its growth period in the Cayman Islands, the
reinsurance entities established to date have already become a
significant portion of all insurance related assets under
management in the jurisdiction. The previous administration of
government voted in favour of a private members' motion focused
on giving incentives to reinsurance businesses and to ensure
