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Cayman Islands Monetary Authority
PO Box 10052, 80 Shedden Road
Elizabethan Square,
Grand Cayman KY1 - 1001
CAYMAN ISLANDS

Call Us On

+1 (345) 949-7089

Business Hours

Mon - Fri: 8.30 AM - 5.00 PM
Insurance Statistics Overview

There were a total of 840 insurance licensees under the supervision of the Insurance Supervision Division (the “Division”) as at 30 September 2017, of which 107 and 733 related to domestic and international insurance markets respectively. There were 29 insurers licensed to offer their products in the domestic market, supported by 77 insurance intermediaries. There were a total of 706 Class “B”, “C” and “D” insurance companies and 29 Insurance Managers under the supervision of the Division as at 30 September 2017. Pure captives and group captives represented the two main categories, with 327 and 117 companies respectively. Twenty-one percent (21%) of the total Class “B”, “C”, and “D” insurance companies were formed as segregated portfolio companies, with over 600 segregated portfolios.

In the third quarter of 2017, 7 new insurer licences were added to the Cayman Islands’ insurance sector. As of 30 September 2017 total premiums were reported at US$12.4 billion and total assets were reported at US$62 billion.


The Cayman Islands is the leading jurisdiction for healthcare captives representing almost half of all the captives. As at 30 September 2017, Medical Malpractice Liability (“MedMal”) continues to be the largest primary line of business with approximately 33% companies (re)insuring MedMal, and Worker’s Compensation the second largest with 22% companies assuming this risk. The Cayman Islands international insurance industry is comprised mainly of companies insuring risks in North America (90%).

 

List of Entities (updated quarterly)

Full List of all Insurance Entities Registered with the Cayman Islands Monetary AuthorityView

 
General Statistics (updated annually and quarterly)

Number of Insurance LicenseesView

 

Domestic Market Statistics

Domestic Insurance Companies Lines of Business TrendsView

Domestic Insurance Companies - Unaudited Statistics By Primary Class of Business - June 2017View

Domestic Insurance Companies - Audited Statistics By Primary Class of BusinessView

Insurance Brokers - Contact DetailsView

Domestic Insurance Companies - Contact DetailsView

 

Captive Market Statistics

Captive Insurance Managers ListingView

New Captive Insurance Licences Issued During the QuarterView

Captive Insurance Company by Primary Class of BusinessView

Captive Insurance Company by CategoryView

Captive Insurance Company by Risk LocationView

Captive Insurance Company Statistics by License StatusView

Captive Insurance Company Statistics by Insurance ManagerView

Captive Insurance Company Statistics - Licensing ActivityView