This past February, the Cayman Islands Monetary Authority (CIMA) issued new legislation, with a 1-year grace period, meaning it will be in effect February 2023. The Rule on Investment Activities (“the Rule”) is in effect for insurers to help set clearer regulatory investment requirements ensuring they fully consider solvency, liquidity, and all other relevant risks… Read more »
Considerations for Investment Allocations and Portfolio Rebalancing
The equity market has taken off. Your insurance captive’s equity portfolio has been making great returns, though you’ve noticed your equity investment allocation has breached your Cayman Islands Monetary Authority (“CIMA”), the captive insurance regulator, approved thresholds. While this is a good problem to have, it does require action to bring your portfolio back to… Read more »