The New Contender For Reinsurance

Over the last five years the Cayman Islands reinsurance sector has experienced double-digit year on year growth. Dozens of reinsurers have established in Cayman during this time and, with word of an experienced provider network and regulator spreading fast, there are a significant number of prospects in the pipeline. Having identified the opportunity in this sector some time ago, the Cayman Islands is now realising real growth on the ground in the class B(iii) Licence category. This article will concentrate on some of the different types of non-life entities seeking Cayman Reinsurance infrastructure, and the drivers that are attracting them to Cayman.

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