Termination of Struck or Dissolved Insurance Entities (2019-10-15)

Summary

This is a public enforcement notice from CIMA announcing that three named Class B Insurers were removed from the Authority's register of licensed insurers, effective 15 October 2019, after they were struck off the Cayman Islands Companies Register by the General Registry without first satisfying CIMA's licence termination requirements.

• Licence 2334: Saratoga Atlantic Insurance Company SPC
• Licence 2390: Long Horn Insurance Company, Ltd.
• Licence 2915: Union Captive Insurance, Inc.

The notice is informational: it records that these entities failed to properly surrender their licences before being struck off, and confirms their removal from CIMA's register. It does not impose any new ongoing compliance obligation on other licensees.

Applies to

Class B Insurers