AGP Executive Report
Last update: 10 hours agoCayman Insurance Growth: CIMA’s Q2 2026 licensing figures show six new international insurer licences issued between April and June—plus three portfolio insurance companies—taking 2026 totals to 20 new licences, with 17 more applications under review; Cayman now hosts 721 Class B, C and D insurers writing about US$61bn in premiums and holding roughly US$190bn in assets. Japan Reinsurance Angle: A new CIRCA report says Japan’s shift to the Insurance Capital Standard could push insurers toward more international reinsurance, creating fresh opportunities for Cayman-based players. Governance Pressure: The CSPL says compliance with the Register of Interests is “abysmal,” with only about 80% of more than 1,300 public officials expected to be signing up, prompting a public education push on good governance. Health Law Reform: Government has launched a major legislative reform programme to modernise Cayman’s health laws, with consultations starting in August and a 28-day public consultation period set for 21 August. Visitor Economy Funding: The Visitor Experience Development Grant Programme is backing local tourism businesses with grants up to CI$50,000, aimed at nurturing new experiences and entrepreneurs. Crypto & Cayman Links: A TransLunar Crypto Fund founder was sentenced in the US to 37 months for tax fraud after renouncing US citizenship and relocating to the Cayman Islands; separately, MindWave Innovations announced MindChain, a fully insured blockchain network launching in October 2026. Public Sector Housing (Brac): SIAHDC is moving forward with four new Cayman Brac homes after a five-year pause, using a needs-based approach to prioritise the most vulnerable families.
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.