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When a plaintiff obtains judgment against an insured but insolvent defendant in the Cayman Islands is the plaintiff entitled to the policy proceeds or do they have to be paid to the liquidator for...

The issue in Zeller v British Caymanian Insurance Co Ltd was whether a material non-disclosure had been made by an insured in completing a proposal form relating to the relevant insurance cover.

Continued growth in the industry, confidence in the jurisdiction, and economic substance factors have seen a number of leading reinsurers establish or expand their physical presence in the Cayman Islands over the past year.

Buying property in the Cayman Islands is relatively simple and straightforward.

Tokenised risk financing is revolutionising the insurance industry by using blockchain technology to represent insurance risks as digital tokens that can be traded by investors. This digital transformation promises to make capital markets more accessible, improve liquidity, and reduce friction in transferring risk, though regulatory frameworks and industry standards are still evolving to accommodate this innovation.

Bolstered by transparency, and a robust regulatory framework, the Cayman Islands continues to be a leading jurisdiction in the financial services world.

The Anti-Money Laundering Regulations, 2017 ("AML Regulations") were gazetted on 20 September 2017 and came into force on 2 October 2017.

A very warm welcome to our fourth issue of Conyers Coverage. This issue focuses on the evolution of the Cayman Islands insurance industry.

The Cayman Islands has become a hub for financial reinsurance and captive entities. These entities often write or reinsure traditional property and casualty risks emanating from various underlying businesses.

Where the deceased dies testate (leaving a Will admissible for probate in Cayman), the documents which must be lodged with the Cayman court to obtain the grant of probate are as follows...

Buying property in the Cayman Islands is relatively simple and straightforward. The government guarantees the right of ownership of each parcel of land, there are no restrictions on foreign ownership of...

In this day and age, certainly in the Western Hemisphere, there is a great deal of jurisdictional choice when it comes to captive domicile. Onshore within the United States no less than twenty four States now have captive insurance legislation.

The Legal Services Act, 2020 (the "LSA") was gazetted on 7 January 2021 and is expected to come into force once the Regulations have been finalised and a commencement order issued before the end of February this year.

Onsite inspections are a key supervisory tool employed by the Cayman Islands' financial services regulator, the Cayman Islands Monetary Authority (CIMA), to monitor regulatory compliance and assess the soundness of regulated entities including insurers