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Jamaica relief efforts begin
Work has begun on the ground in Jamaica to restore communications and prepare for incoming aid from regional neighbours.
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Cayman Compass
More international insurers come to Cayman
The Cayman Islands Monetary Authority published third-quarter 2025 licencing statistics on 21 Oct., revealing steady growth in the jurisdiction’s insurance industry.
The authority issued 11 new international insurer licences between July and September 2025. Given that 21 new licences were added in the first two quarters of 2025, following 42 new licences in 2024, the latest data shows that the insurance industry continues to expand at a steady rate of just over 10 new licences per quarter.
But the forward-looking information on applications suggests the rate of growth will pick up in the fourth quarter. The authority noted that a further five applications have been approved in principle, while 19 more are under review. If those licences are confirmed before the end of the year, it would mark a significant pick-up.
There are now 719 international insurance licences active in Cayman, representing insurance business worth approximately US$50 billion in annual premiums and $173 billion in total asset value. That’s up from 652 licences in 2020.
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