Cayman is the 2nd globally in Captive Insurance
According to a new survey from weekly trade publication Business Insurance, the Cayman Islands is the 2nd jurisdiction in captive insurance sector in the world.
The Business Insurance ranks jurisdictions basing its top on the number of licensed captives at the end of 2009. According to the survey, the Cayman Islands is 2nd only to Bermuda.
Bermuda (885) is leading the way, followed by the Cayman Islands (780). Vermont (560) takes the 3rd position followed by Guernsey (355), the British Virgin Islands (285), Luxembourg (251), the Isle of Man (145), Dublin (114), Switzerland (42), Gibraltar (17), Malta (9) and Jersey (3).