Cayman Islands Builds $74 Billion Insurance Hub That Irks Apollo Global Management April 3, 2025 By Alexandre Rajbhandari The small crowd in pastel polo shirts and sunglasses boarded the catamaran for an afternoon cruise on the Caribbean’s sapphire...
Re/insurance Broker Consilium Granted License in Cayman Islands August 2, 2023 Consilium, the London-based re/insurance brokerage arm of Aventum Group, has been granted a license by the Cayman Islands Monetary Authority...
Forged Signatures, Fake Policies? Lawsuits Raise Questions About Captive Plan August 19, 2022 By William Rabb The owners of one of the oldest insurance agencies in Texas must have felt pretty surprised when they were named...
U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens November 15, 2018 By Laura Davison Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that...
Cayman Islands Issues 39 Insurer Licenses in 2016 April 17, 2017 The Cayman Islands Insurance Industry saw a “buoyant” start to 2017, with eight new insurer licenses issued in the first...
Global Indemnity Completes Redomestication to Cayman Islands November 7, 2016 Global Indemnity plc has completed its redomestication from Ireland to the Cayman Islands. As previously announced, the name of the...
Global Indemnity to Redomicile from Ireland to Caymans June 22, 2016 Global Indemnity plc announced that its board of directors unanimously approved a plan to redomicile from Ireland to the Cayman...
Paulson’s PaCRe Shuts Down After Investment Slump, Bermuda Tax Uncertainties January 13, 2016 By Sonali Basak and Zachary R. Mider Billionaire John Paulson’s New York hedge fund firm has shut an operation in Bermuda that had been targeted by a...
Third Point Re’s Stock Falls Below Level of 2013 IPO on Faltering Investments January 7, 2016 By Katherine Chiglinsky and Sonali Basak Third Point Reinsurance Ltd., which counts on hedge fund manager Dan Loeb to oversee its portfolio, fell below the price...
Greenlight Re Posts Q3 Loss on Poor Investment and Underwriting Performance October 26, 2015 By Sonali Basak Greenlight Capital Re Ltd. posted its third-straight unprofitable quarter on losses in the investment portfolio overseen by hedge-fund manager David...