Cayman Islands
The Cayman Islands is the world's second-largest captive domicile and the leader in healthcare-related medical malpractice captives. Governed by the Insurance Law of 2010, it offers a flexible legislative environment that aligns with global industry standards. Captives are primarily categorized under Class B, which is further divided into four subgroups based on the origin of net premiums.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Class B(i) General | US$100,000 |
| Class B(i) Long-term | US$200,000 |
| Class B(i) Composite | US$300,000 |
| Class B(ii) General | US$150,000 |
| Class B(ii) Long-term | US$300,000 |
| Class B(ii) Composite | US$450,000 |
| Class B(iii) General | US$200,000 |
| Class B(iii) Long-term | US$400,000 |
| Class B(iii) Composite | US$600,000 |
| Class C | US$500,000 |
Regulatory Framework
Insurance Act, 2010 (as amended)
Tax Environment
91% of captive business originates from the US
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering Cayman Islands for Your Captive?
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