Cayman Islands: Insurance Laws and Products

Premier and Minister for Financial Services and Commerce, the Hon. André M. Ebanks MP, reinforced the Cayman Islands’ commitment to strong insurance supervision and international regulatory cooperation during recent engagements with insurance and reinsurance stakeholders in the United States.

Premier and Minister for Financial Services and Commerce, the Hon. André M. Ebanks MP is in Columbus, Ohio this week to support continued Cayman Islands engagement on insurance and reinsurance with key government, policy and financial services stakeholders in the United States.

Legal teams, capital teams, and actuarial professionals face distinct challenges when analyzing netting and set-off provisions in segregated cell structures. The statutory ring-fencing regimes in Bermuda and Cayman Islands create complex interactions with contractual netting language that require careful legal analysis to ensure proper attribution, recourse, and enforceability across cell boundaries.

In this second part of our series on insurance financing, we break down the conditions precedent (CPs) process in financing transactions involving Cayman Islands insurance/(re)insurance companies.

This guide summarises the registration obligations of in-house counsel employed by insurance companies under the Anti-Money Laundering Regulations (2025 Revision) (AMLRs) and the Legal Services Act (2020 Revision) (LSA).

Welcome to the Winter edition of our Conyers Coverage newsletter. As always, we are pleased to bring you a jam-packed edition with timely legal and regulatory insights and details on industry developments from the Cayman Islands.

Continuing the Cayman Islands' efforts to keep international stakeholders updated on the strength of our regulatory and commercial framework for financial services, the Deputy Premier, the Hon. André Ebanks MP is leading delegations to the UK and EU, and then to the US, during September.

In this publication, Appleby Insurance experts provide a breakdown on the benefits of captive insurance companies and discuss why the Cayman Islands is a popular jurisdiction for such entities.

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...