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The Cayman Islands reinsurance market is expanding with increasingly sophisticated financing structures. This overview examines the principal instruments available to Cayman-domiciled reinsurers, from traditional credit facilities and collateral arrangements to emerging alternative capital structures like surplus notes and funding agreements, while addressing the key legal and regulatory considerations that shape their implementation.

The Conyers insurance team regularly assists clients looking to convert their licensed insurer into a segregated portfolio company ("SPC") in order to separate their programs by cedents or lines of business into segregated portfolios...

This guide summarises the registration obligations of in-house counsel employed by insurance companies under the Anti-Money Laundering Regulations (2025 Revision) (AMLRs) and the Legal Services Act (2020 Revision) (LSA).

The Beneficial Ownership Transparency Act, 2023, Beneficial Ownership Transparency Regulations, 2024 and the Guidance on Complying with Beneficial Ownership Obligations in the Cayman Islands all came into force on 31 July 2024, ...

On 15 January 2021, the United Kingdom Supreme Court delivered its judgment on the appeals in the Business Interruption Insurance (BII) test cases between the UK's Financial Conduct Authority and...

The traditional (re)insurance market is continuing to harden and is facing significant headwinds over the next 2-4 underwriting years.

Seven years on from its introduction as a new statutory vehicle in the Cayman Islands, the segregated portfolio company, or SPC for short, is now firmly established and here to stay, particularly in Cayman’s thriving insurance sector.

In extraordinary times such as the present COVID-19 pandemic, the importance of a captive insurance company focusing on fundamentals like the proper calling...

The Cayman Islands is home to over 700 captive insurance companies. The word ‘captive' refers to the relationship between the insurance company and its owner.

Being in first place certainly has its advantages. First place means you have won the race, reached the pinnacle, accomplished the objective.

COVID-19 is likely to present unprecedented challenges for the insurance industry, across all Iines of business, both domestic and international.

Cayman has long been a leading financial centre for both investment funds and captive insurance. However, it is now also flourishing as a dynamic jurisdiction of choice for reinsurance.

Good practices and areas of concern were identified within the key elements of the Cayman Islands Monetary Authority's Thematic Cybersecurity Review, issued at the end of June 2023.

In this article John Dykstra discusses the appeal of the Cayman Islands as the jurisdiction of choice for cat bonds and other ILS products.

Paul Scrivener, head of the insurance group at Cayman Islands law firm, Solomon Harris, takes a look at the catastrophe bonds industry and the role played by the Cayman Islands.

The Cayman Islands Monetary Authority (CIMA) issued eight new insurance licenses in the third quarter. The rate of licensing activity, which remained similar to the first two quarters of the year...

In our summer briefing we discussed global credit ratings agency AM Best's proposal to overhaul how it rates cell company structures...

In a recent market briefing delivered to the Cayman Islands' (re)insurance industry, global credit ratings agency AM Best announced its proposal to change its criteria for rating cell companies...