Cayman Islands

 
Total number of captives
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Number of captives (pure)
405
Number of captives (group/association)
120
Number of individual cells/cell participants
600
Gross written premium for all captives
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Total number of active captives, as of the prior year
669
Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
  • Protected cell/segregated portfolio companies
  • Risk retention groups
  • Special purpose captives
  • Special purpose financial captives
Number of full-time employees in captive regulatory department
25
Premium tax rate
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Applicable Acts/Enabling Legislation
Refer to www.cima.ky/laws-and-regulations
Captive Administrator’s name and longevity in position
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Time given for application process
up to 6 weeks
Regulator
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Address and contact information of Regulatory Department
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Website Address
https://www.cima.ky