Cayman bids to become first new NAIC qualified jurisdiction since 2015

Global dedicated reinsurance capital rose to US$663 billion at year-end 2025, an all-time high, according to AM Best, which projects a further record of US$705 billion in 2026.

The Pan-Asia Risk and Insurance Management Association (PARIMA) concludes its Penang Masterclass 2026, held from 6 to 7 August, the association’s first masterclass in Penang and its first across two days.

Uthman bin Mohd Haneef, management executive, risk and resilience at PLUS Malaysia Berhad, wins the Penang edition of the Next-Gen Risk Takers Challenge, run by the Pan-Asia Risk and Insurance Management Association.

Jeometri Insurance Managers (Guernsey) Limited receives a licence from the Guernsey Financial Services Commission for Jeometri Insurance PCC Limited, a protected cell company offering clients a ring-fenced route into captive insurance in Guernsey.