Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 12 APRIL 2009

Insurance Companies

Walkers
Walkers
Contributor
Walkers

Walkers

Firm Details Global Managing Partner: Ingrid Pierce Office Managing Partner: Daniel Wood Number of...

View firm profile
Explore more from Walkers

All companies carrying on insurance business in or from within the Cayman Islands must be licensed pursuant to the Insurance Law (as amended), before they can commence business.

Cayman IslandsWealth Management
Walkers
Walkers
Jack Boldarin
Jack Boldarin
James Gaudin
James Gaudin
Linda Martin
Linda Martin
Andy Randall
Andy Randall
John Rogers
John Rogers
Author LinkedIn connections

Introduction

All companies carrying on insurance business in or from within the Cayman Islands must be licensed pursuant to the Insurance Law (as amended), before they can commence business. Furthermore, no company may be registered in the Cayman Islands without either obtaining a licence under the Insurance Law from the Cayman Islands Monetary Authority ("CIMA"), or the consent of the Cayman Islands' Government if any one of the restricted words listed below is included in the name:

  1. Insurance
  2. Re-insurance
  3. Underwriting
  4. Casualty
  5. Guarantee
  6. Indemnity
  7. Surety
  8. Assurance

Application for an insurer's licence is made prior to the incorporation of the company and each application is carefully considered by CIMA to ensure that a high standard is maintained. This firm will be pleased to assist clients in the filing of such an application for a licence.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Article

CIMA’S New AML Audit Rules Effective 18 September 2026 And What Investment Funds Need To Know

The Cayman Islands Monetary Authority has introduced sweeping changes to anti-money laundering audit requirements for investment funds, mandating independent audits of entire compliance programmes by September 2026. This marks a fundamental departure from previous practice where internal AML officers could conduct their own testing, raising critical questions about implementation timelines, qualified auditor availability, and compliance costs for funds operating in the jurisdiction.
Cayman IslandsWealth Management
Dillon Eustace
Dillon Eustace
Article

The Future Of Islamic Finance: Insights From IFN UK Forum 2026

Islamic finance is experiencing rapid global expansion, with assets approaching US$6tn and record sukuk issuance attracting non-traditional investors. The convergence of Shariah-compliant and sustainable investing is creating new opportunities, while AAOIFI Standard No. 62 and tokenisation developments are reshaping how Islamic finance structures are designed and implemented across international markets.
United KingdomFinance and Banking
Walkers
Walkers