Leading the way in
captive insurance and
The Cayman Islands is home to the world’s top
professionals in captive insurance and reinsurance, as
well as other sectors such as investment funds and asset
management, writes Jude Scott of Cayman Finance.
Cayman’s sustainable competitive advantages are based
on its appropriate legislative and regulatory balance, the
commitment of the Cayman Islands government and the
Cayman Islands Monetary Authority (CIMA) to work with its
diversifi ed industry with several strong and distinct world-class sectors.
In addition to insurance and reinsurance, the Cayman Islands continues
to be a top jurisdiction for the formation of alternative investment fund
products, with the world’s top managers using Cayman Islands vehicles
in their structures. Cayman also has a well-established, robust, banking
regime supported by world-class anti-money laundering regulation and
appropriate and effective cross-border cooperation. Capital markets
and trusts are other areas for which we are recognised as being a
The growth in Cayman’s fi nancial services industry is a refl ection of
the quality of the jurisdiction’s professionals. In addition to attracting
investment, they have attracted the praise of their peers, ranking as the
Top Specialized Financial Center by The Banker for nine years in a row.
Cayman has been voted Best Hedge Fund Services Jurisdiction and
Top Offshore Captive Domicile.
Not being reliant on a single sector within fi nancial services enhances
the ability to draw in a wide range of talented professionals, which helps
Cayman maintain an exceptional world-class business culture.
The Cayman Islands is the second largest domicile in the world for
captives and the number one domicile for healthcare captives. Cayman
svf74 / istockphoto
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