cayman islands

The Bermuda Stock Exchange (BSX) have issued a press release announcing that they now play host to over $2 billion worth of insurance-linked securities and catastrophe bonds. The value of ILS listed on the BSX has doubled since July 2010 and this is the first time that the value of ILS listed on the island […]

International finance law firm The Walkers Group have today announced the launch of a new team within its structure who will provide dedicated resource to insurance-linked securities issues and transactions. The Walkers Insurance Linked Securities (ILS) Group brings together expertise from throughout Walkers regarding alternative risk transfer arrangements such as catastrophe bonds, reinsurance sidecars and […]

The Cayman Islands government has been working on a new set of laws to govern it’s insurance industry and the licensing of insurers and captives on the islands. Cayman has become the main domicile for cat bonds in recent years and plays host to many captive insurers as well. The Caymans ‘Insurance Law 2010’ will […]

Having written in the last week about the volume of catastrophe bonds which are listed on the stock exchanges  in Bermuda and the Cayman Islands I thought it would be a good idea to list them out by domicile for your information. We are going to include this information into a new catastrophe bond Deal […]

The Cayman Islands Stock Exchange really is the dominant domicile of choice for catastrophe bond listings at the moment. Bermuda is trying to attract new listings with it’s new regulations which make listing easier than before, but with just over $1B of listed cat bonds (as we wrote about recently)  it has a way to […]

Horseshoe Group, a company offering insurance and reinsurance management services, is expanding its presence to the Cayman Islands to take advantage of the increasingly dominant position the islands hold in the catastrophe bond SPV market. The Caymans have been host to the majority of cat bond special purpose vehicles over the last couple of years […]