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Daybreak
Daybreak – 23 July 2025
The TCCP Youth Council stop by to talk leadership, action, and getting Cayman’s youth engaged in politics.
Literacy is for Everyone shares how they’re empowering educators and opening the door to literacy for all.
And for Wellness Wednesday, it’s time for our monthly check up with the Health Services Authority.
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Cayman Compass
Reinsurance company licences continue to increase
The number of licences granted in a specialist reinsurance category has jumped by half year-on-year and underlines Cayman’s growing strength in the sector, industry experts said on Tuesday.
The Cayman Islands Monetary Authority statistics for the sector showed that six Class B(iii) reinsurance licences were issued in the second quarter of the year.
Alongside the three handed out in the first quarter, that amounted to a 50% increase on the six licences issued over the same period in 2024.
Greg Mitchell, chairman of the Cayman International Reinsurance Companies Association, said. “We are getting a lot of attention of late and growth in the number of licences is good for the financial services industry and good for the island.”
He added, “It’s a strong sign and for our associate members, which increases a lot of their business, we’re happy for them.
