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CIMA signs MOU, teams up with US Insurance Association

Cayman’s Monetary Authority and the US National Association of Insurance Commissioners have committed to work together on regulatory issues.
According to a press release from CIMA the two entities recently signed a memorandum of understanding which CIMA said encourages a formal framework to exchange information.
It’s aimed at helping with compliance between local and international laws and regulations.
To date, CIMA has entered into 55 bilateral agreements and 6 multilateral agreements with regulatory authorities.

To read the full release: https://www.cima.ky/cima-signs-mou-with-insurance-commissioner-group

About the author

Reshma Ragoonath

Reshma Ragoonath

Reshma Ragoonath is a Trinidadian journalist with 16 years media experience with a strong background in print with her most recent stint at The Cayman Reporter. She has a BA in Mass Communications, as well as, an Associate degree in Journalism and Public Relations.

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