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Establishment of Cayman Reinsurance Industry Group

January 2021 Derek Stenson

Conyers is pleased to announce its involvement in the establishment of the Cayman International Reinsurance Companies Association (CIRCA). Conyers consulted with the founding members Aureum Re, Barents Re, CIBC Cayman Reinsurance Ltd., Greenlight Re, Knighthead Annuity & Life Assurance Company, Nassau Re (Cayman) Ltd. and United Insurance Company, all of whom are leading reinsurers and most of which are clients of Conyers, on a pro-bono basis to establish CIRCA as a foundation company and provided the association with bespoke governing documentation and advice.

“We congratulate the founding members of CIRCA on this important step in the evolution and maturing of the reinsurance industry in the Cayman Islands and welcome the opportunity to work with CIRCA in the future,” said Derek Stenson Partner and Head of Conyers’ Cayman Islands insurance and reinsurance practice.

The Cayman Islands reinsurance industry is experiencing significant growth and the establishment of CIRCA will allow a more formal opportunity for those working in the industry to interact and foster education and advocacy on topics impacting the regulatory and business environment.

About our Insurance and Reinsurance team

Conyers award-winning Cayman Islands insurance and reinsurance practice is a market leader in the insurance & reinsurance sector, advising more than half of all Class D insurance licensees (the largest of the commercial insurers), as well as a substantial majority of all other classes of insurers, including captive and special purpose insurers.

To learn more visit https://www.conyers.com/legal-services/insurance-reinsurance/

 


Derek Stenson
Partner

Cayman Islands   +1 345 814 7392


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