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Conyers Coverage Issue 11 – Summer 2024

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A warm welcome to the Summer edition of Conyers Coverage. The whirlwind that is the Cayman Islands (re)insurance industry continues to blow with gusto! To keep you updated on recent developments, we include various items from...more

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Who is Actually the Actuary? Appointed Actuary and Peer Review Actuary Appointments in Cayman

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In light of the influx of life & annuity reinsurers on-island, we thought it useful to provide a refresher on the role of the appointed actuary and peer reviewing actuary (“PRA”) in the Cayman Islands and matters for...more

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To NAIC or Not to NAIC?

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Arguably the most notable takeaways from the [Re]Connect conference were the updates on the positive progress the Cayman Islands has made in its quest toward (hopefully) making a formal application to secure Qualified...more

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Converting a PIC to a Standalone Licensed Entity

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The Conyers insurance team regularly assists clients looking to convert their licensed insurer into a segregated portfolio company (“SPC”) in order to separate their programs by cedents or lines of business into segregated...more

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Challenges of Taking Security over the Shares of a Licensed Insurer

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Our insurance finance practice continues to grow at pace and is now regularly called on by clients to assist on credit facilities being put in place for Cayman licenced insurers. Traditionally the transactions and facilities...more

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Debunking Common Cayman Clichés: Episode 1 – CIMA

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Part and parcel of practising law in the Cayman Islands regularly involves dispelling commonly held but mistaken myths around Cayman as an international jurisdiction. One such misconception which inexplicably persists in some...more

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Five Reasons Reinsurance is Ramping Up in Cayman

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Whilst traditionally the Cayman Islands has deservedly been recognised as a leading captive jurisdiction, around 70% of all licences issued by the Cayman Islands Monetary Authority (“CIMA”) in recent years have been for...more

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Conyers Coverage Summer 2023 – Issue 9 – Cayman Islands

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A warm welcome to our latest edition of Conyers Coverage. It’s been a dizzying year to date for the Cayman Islands (re)insurance industry, so it’s time for some updates and insights. The momentum is real and the pipeline...more

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Conyers Coverage January 2022 – Issue 6 – Cayman Islands

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Happy New Year and a very warm welcome to our sixth issue of Conyers Coverage. We’re starting the New Year by looking at new trends in InsurTech via a Q&A with Isaac Espinoza, Managing Director of Root Reinsurance...more

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