(CNS): Premier and Financial Services Minister André Ebanks will in New York and Toronto from today through Friday to promote the offshore sector. His office said the trip is part of the government’s sustained international financial services outreach.
“The visit will focus on deepening relationships with reinsurance, investment and banking stakeholders, sharing Government’s strategic priorities, and discussing opportunities to support the continued advancement and competitiveness of Cayman’s financial services sector,” the release from the Office of the Premier said.
In New York, he will participate in the annual Cayman Islands Reinsurance Roundtable Breakfast, which brings together senior industry leaders, regulators and government representatives to discuss developments shaping Cayman’s reinsurance sector and the wider international market.
Ebanks will also take part in a reinsurance briefing and meet with senior executives. These discussions will provide an opportunity to share updates on the continued modernisation of Cayman’s insurance framework, following the submission of its application for recognition as a Qualified Jurisdiction by the National Association of Insurance Commissioners in August, the release said.
the premier will then deliver a keynote address at the Alternative Investment Management Association Global Investor Forum and participate in a roundtable discussion with investment management and financial services professionals in Toronto.
He will also meet with senior banking executives to discuss Cayman’s economic outlook, strategic priorities and opportunities for banking services to support the jurisdiction’s continued development.
The premier will be accompanied by Parliamentary Secretary Julie Hunter, CIG Representative Gene DaCosta, and OTP Private Secretary Sean Whewell. Representatives from the Cayman Islands Monetary Authority will also participate in the New York reinsurance events.