Applicants who wish to become authorised users of the Regulatory Enhanced Electronic Forms Submission (REEFS) system, must complete the REEFS Administrator Account Request Form and email it to: Reefs_Insurance@cimoney.com.ky.
This form is intended to provide a systematic and standardized means of alerting the Authority of cyber breaches, and to provide periodic update reports through to incident resolution. A cyber incident should be reported immediately when it is deemed to have a material impact or has the potential to become a material incident. Material cyber threats may include instances of significant loss of data or system controls; potential to impact a significant volume of clients; where unauthorized parties are able to gain or has gained access to your systems; unauthorized parties are able to introduce material, software, viruses, or spyware to your systems; and/or alter or extract data from your systems.
Forms should be submitted to ContactInvestments@cimoney.com.ky.
Class 'A' Insurers' Annual Return Form
This form details the information required to be submitted by those entities licensed as Class A (Approved External) Insurers. It is a requirement of the Insurance Law that this information is forwarded to the Cayman Islands Monetary Authority within six months of the year end of the entity's financial year.
The Cayman Islands Monetary Authority require evey licensed Class B, C, and D Insurer to submit their annual filing through the online portal called Regulatory Enhanced Electronic Forms Submission (REEFS) system along with with its financial statements, which are due within six months of the insurance entity's financial year-end. This submission must be sent by email to firstname.lastname@example.org.
Section 40(9) of the Insurance Law requires every licensed insurance manager to complete this form and submit it to the Cayman Islands Monetary Authority on an annual basis, within six months of the insurance manger's financial year-end.
Section 11 of the Insurance Law requires every licensed insurance broker to completed this form and submit it to the Cayman Islands Monetary Authority within six months of the end of each calendar year.
Section 10(1) of the Insurance Law requires every licensed insurance broker to complete this form and submit it to the Cayman Islands Monetary Authority within six months of the company's financial year-end. Those insurance brokers who are not engaged in placing domestic business are required to use the applicable form.