News

The Cayman International Reinsurance Companies Association (CIRCA) held its 2022 AGM in late December, announcing new board positions and some plans for the upcoming year. Founded in October 2020, CIRCA is the dedicated industry group for commercial reinsurers located in the Cayman Islands.

The board is now Chaired by Graham Mackay (Nassau Re (Cayman)), joined by Directors: Gary Dombowsky (Knighthead Annuity and Life Assurance Company), David C. Self (CIBC Cayman Re), David Towriss (Aureum Re), Faramarz Romer (Greenlight Re), Gary Callaghan (Barents Re), and Tim Adair (United Insurance Company).

CIRCA has established committees to focus on marketing, community and social outreach, membership, finance and regulatory matters.

It will be a busy first quarter for CIRCA, co-hosting the Cayman Finance Reinsurance Roundtable in New York City in January, and attending ReFocus 2023 in Las Vegas in February. These events enhance Cayman’s position as a premier location for the reinsurance industry.

Other plans for early 2023 include launching a refreshed website and social media channels.

CIRCA Chair Graham Mackay said, “I am looking forward to everything we’ve planned for 2023. CIRCA and our members are dedicated to working with the Cayman Islands Monetary Authority, the Ministry of Financial Services, Cayman Finance and the Insurance Managers Association of Cayman to grow the reinsurance industry in the Cayman Islands through both local and international opportunities