Since the introduction of the Insurance Act in 1979, the Cayman Islands has established itself as one of the largest, and most sophisticated, centres for international insurance business. As of the first quarter of 2023, the...more
11/9/2023
/ Beneficial Owner ,
Beneficiaries ,
Business Plans ,
Cayman Islands ,
Insurance Acts ,
Insurance Industry ,
Joint Control ,
Jurisdiction ,
Liquidation ,
Noncompliance ,
Puerto Rico ,
Trustees
Synopsis In the recent judgment of Re Premier Assurance Group SPC Ltd. (in Official Liquidation) (unreported, Smellie C.J., Cause No. FSD 264 of 2020 (ASCJ), 7 April 2022), the Grand Court of the Cayman Islands sanctioned a...more