Insurance (Amendment and Validation) Act, 2024 (Commencement) Order, 2024 (SL 56 of 2024)

Summary

This document is a Commencement Order made by the Cayman Islands Cabinet that brings the Insurance (Amendment and Validation) Act, 2024 (Act 14 of 2024) into force. It does not itself contain the substantive amendments to the Insurance Act; it is purely the legal mechanism that fixes the date on which those amendments take effect.

• Effective date: The Insurance (Amendment and Validation) Act, 2024 comes into force on 1st January, 2025.
• Made: The Order was made in Cabinet on 17th December, 2024.
• Published: It was published in Legislation Gazette No. 47 (Supplement No. 22) dated 19th December, 2024.

Because the text provided is only the commencement order itself, it does not describe the specific changes or validations the underlying Act makes to insurance regulation in the Cayman Islands. Readers needing to understand the substantive obligations should consult the Insurance (Amendment and Validation) Act, 2024 directly; this Order only confirms its effective date.

Deadlines

• 1st January, 2025: Date on which the Insurance (Amendment and Validation) Act, 2024 comes into force.

Related documents

• Insurance (Amendment and Validation) Act, 2024 (Commencement) Order, 2024 commences this document
• Insurance (Amendment and Validation) Act, 2024 (Commencement) Order, 2024 is made under this document