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Insurance Regulations Regulatory Requirements Cayman Islands

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AM Best Proposes Changes to Its Rating Criteria

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In a recent market briefing delivered to the Cayman Islands’ (re)insurance industry, global credit ratings agency AM Best announced its proposal to change its criteria for rating cell companies including Segregated Portfolio...more

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The Prudential Solvency Regime of the Cayman Islands

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The Cayman Islands Monetary Authority (CIMA) set out its approach to group (or consolidated) supervision in a November 2023 regulatory policy update (the Regulatory Policy). CIMA defines consolidated supervision as: “a...more

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