Cayman reinsurance boom fueled by US annuity surge
February 25, 2026 by Kenneth Araullo
The Cayman Islands has seen a sharp increase in reinsurance activity over the past five years, with the Cayman Islands Monetary Authority (CIMA) reporting that the number of Cayman reinsurance companies nearly doubled from 58 at end-2020 to 113 at end-2025.
Total premiums reached $30.2 billion, up from $9.3 billion six years prior, while total reinsurance assets grew 341% from $23 billion to $101 billion.
Originally Posted at Insurance Business Mag on Feb 24, 2026 by Kenneth Araullo.
Categories: Industry Articles