Offshore: Road to reinsurance
As a leading jurisdiction for specialised financing methods, the Cayman Islands Government now wants to cash in on open market reinsurance. Bryan Hunter and Warren Cabral report
The Cayman Islands is the world’s fifth most important financial centre after London, New York, Tokyo and Hong Kong. It has just under 300 active banks, more than 750 insurance companies, primarily captives underwriting the risks of their owners and associates, and more than 8,000 active mutual funds.
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