05-Nov-2013

Cayman Islands Insurance Companies - Harneys

Wendy Lee

The Cayman Islands recently updated its existing legislative regime with respect to insurers and
reinsurers. The Insurance Law, 2010, which came into effect in November 2012, and its
accompanying regulations (hereinafter collectively referred to as the “Insurance Law”)
establishes a more flexible and modern regime for the insurance industry while at the same
time ensuring compliance with international regulatory standards.

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