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Meals on Wheels Cayman – Feeding seniors with love
Learn how Meals on Wheels Cayman Islands supports seniors with hot meals and community programs, and find out how you can get involved in Seniors Rock Dress Down Day.
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Cayman Compass
New report reveals growing economic impact of Cayman’s financial services industry
Early findings from a Cayman Finance-commissioned research paper published on 19 Sept. show the expanding financial services industry has a larger role in islands’ economy than previously calculated.
The latest report, which was undertaken by respected UK-based consultancy Capital Economics, estimates the sector accounted for 44% of the islands’ economy in 2023 and 45% of government revenue in 2024. That’s higher than previous estimates of 40.2% and 42%, respectively.
The higher numbers reflect the steady growth of the financial services industry in Cayman. Cayman Islands Monetary Authority (CIMA) data shows substantial expansion in the funds sector, with private fund registrations increasing by 39% and mutual fund registrations by approximately 10% since 2020. In insurance, CIMA granted a total of 21 new international licenses in the first half of 2025 alone, as commercial insurance, reinsurance and captive sectors continue to expand.
