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Cayman Islands' Insurance Industry Thrives
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Cayman Islands' captive insurance industry thrives in Q3'23, with eight new licenses granted, totaling 679 licensed companies. Reinsurance becomes a significant component, with North America being the dominant risk location.
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How does the growth of Cayman Islands' insurance industry compare to other jurisdictions globally?
How might Cayman Islands' thriving insurance industry impact its overall economy?
What measures can Caribbean domestic insurers take to mitigate the profit pressure from challenging reinsurance renewals?
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