The third iteration of ReConnect, the Cayman Islands’ dedicated reinsurance conference, saw record attendance, insightful discussions both on stage and off and underscored the continued momentum for the jurisdiction on the global reinsurance stage. Against this backdrop, Cayman is advancing several important regulatory and market initiatives that will shape the future of its reinsurance sector. Read on for the Conyers insurance teams’ top takeaways from Reconnect: Qualified Jurisdiction – Deadline for Cayman’s Submission Set by the Cayman Islands Government.
In welcome news, the Cayman Islands Premier Mr André Ebanks announced Cayman’s intention to formally submit an application for Qualified Jurisdiction Status (QJS) to the NAIC by the end of Q2 2025. The announcement comes on the back of many years of thoughtful consideration and planning by the Cayman Islands Government, the Cayman Islands Monetary Authority (CIMA) and the local industry who are aligned and motivated to do what is