AGP Executive Report
Last update: 10 hours agoRegional Insurance: CCRIF plans a Caribbean reinsurance facility to improve coverage affordability, targeting launch by 2030 and a go/no-go decision in May 2027. Cayman Reinsurance: Industry group CIRCA has backed Cayman’s bid for US Qualified Jurisdiction recognition, arguing that CIMA’s supervision meets the standard. Captive Insurance: Philippine conglomerate Filinvest plans to establish a Cayman captive insurer for group risks, subject to CIMA approval. Financial Services Talent: Fifteen students graduated from Cayman’s Financial Services Institute programmes; 42 of the institute’s 52 graduates to date are Caymanians. Investment Network: Cayman’s government supported the launch of a Commonwealth Family Office Network to connect investors, businesses and governments, though officials have yet to detail tangible outcomes from the delegation’s trip. Offshore Trusts: A new Chinese tax on offshore-trust income has prompted some wealthy clients to unwind trusts, advisers say; many are based in Cayman, the BVI or Bermuda.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
