Global Indemnity plans return to Cayman Islands

Posted On: Jun. 23, 2016 12:00 AM CST

Insurer Global Indemnity P.L.C. is looking to re-domicile from Ireland to the Cayman Islands, reported Cayman Compass.

The insurer had moved its domicile from Cayman to Ireland in 2010 citing political and reputational risks as reasons. The insurer said that the re-domestication to the Cayman Islands would simplify the group's corporate and tax structures.