With U.S. equities declining in the wake of China’s currency devaluation, hedge fund manager David Einhorn may be one of...
Cayman Islands News
The Insurance Managers Association of Cayman (IMAC) has appointed Razaak “Raz” Busari as deputy head of the Insurance Supervision Division....
The first portfolio insurance company (PIC) has been formed in the Cayman Islands, as a direct result of new insurance...
Greenlight Capital Re Ltd., which is based in the Cayman Islands, reported net income of $60.7 million for the fourth...
The Cayman Islands captive insurance industry reported steady growth in 2014, with 22 new captives formed, according to the Insurance...
Kieran O’Mahony of Marsh Cayman has taken the Insurance Managers Association Cayman (IMAC)* reins from outgoing chairperson Rob Leadbetter at...
The Cayman Islands passed new insurance regulations on January 16, which affect portfolio insurance companies (PIC). These regulations are designed...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a”...
Southport Lane, a New York-based private equity firm, has acquired Redwood Reinsurance SPC, Ltd., a Cayman Islands-based reinsurer that provides...
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘B’ (Fair) from ‘B-‘ (Fair) and issuer credit ratings...