‘Softening’ global reinsurance market will cut Cayman’s property insurance costs
Homeowners will benefit from softening global reinsurance premiums that will lead to lower property insurance prices on the islands. It marks a welcome relief for property owners who have been forced to pay rising premiums in recent years.
A flood of new investors has boosted reinsurance capacity in recent years, with a recent Reinsurance Outlook from global audit and consultant firm EY showing that global reinsurance capital reached US$735 billion in the first half of 2025, up 30% from US$565 billion in 2020. For a more complete summary of the story, please see the below link:
Published on: Feb 02, 2026 03:49 PM