A “virtuous circle” describes a scenario whereby new and existing factors are included and discarded in a continuous system of improvement and self-reinforcement. Such a positive confluence of various factors continue to drive growth in the Cayman Islands insurance and reinsurance market. It’s an exciting time for the jurisdiction, so I’m taking a moment to reflect on the primary drivers of this “virtuous circle” we are experiencing.
Reflections on the Cayman Islands (Re)insurance Market – a Virtuous Circle
August 17, 2023