The Cayman Islands Insurance Association (“CIIA”) would like to inform the public about The Stamp Duty (Amendment) Law 2012, certain provisions of which are being brought into effect on 01 June 2013.

This Law, which was enacted by the CI Government, increases the Stamp Duty applicable to property insurance premiums. In order to assist the public in understanding how the revised law will affect them when they purchase or renew their insurance, the CIIA has prepared answers to frequently asked questions.

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