Cayman Creates Incorporated Cell Companies

The Insurance (Amendment) Law 2013 of the Cayman Islands has introduced a new framework which will allow segregated portfolio insurers to incorporate one or more of their cells as “portfolio insurance companies”. Following the recent introduction of a bespoke legal and regulatory framework for reinsurers and catastrophe bond issuers, this development further enhances the risk management options available in the Cayman Islands.

 

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