Hampsons Insurance Industry Update No. 2
The Grand Court adjusts the discount rate and the impact on liability insurers.

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The Grand Court adjusts the discount rate and the impact on liability insurers.
Protecting premarital wealth: Supreme Court confirms tax-motivated asset transfers aren’t subject to sharing without clear shared use or marital intent.
In Cayman Islands divorce proceedings, misconduct like infidelity or violence rarely affects financial settlements — unless it’s exceptional, obvious, and has a direct financial impact.
With due care and attention, it should be possible to minimize the possibility of challenges to the validity of the will on each of these grounds under Cayman Islands law.
Next to “what will it cost?” the question, “will I get my costs?”, is probably one of the most common questions that litigation lawyers deal with when advising clients.
English courts following common law principles, applicable in the Cayman Islands, have recognized and enforced judgments of foreign courts since the 17th century.
Following established English practice and procedure, litigation in the Cayman Islands operates on a “loser pay” basis, i.e. the loser pays the winner’s costs.
Most foreign arbitral awards sought to be enforced in the Cayman Islands will be Convention awards i.e. arbitral awards under the New York Convention.
Divorce often raises fundamental questions about core family issues, including finances and children.
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