 The Cayman Islands is the second largest captive domicile (Bermuda is largest) in the world with more than 700 captives, writing more than US$7.7 billion of premiums and with US$36.8 billion of assets under management.There are a number of service providers.These include global financial institutions including HSBC, Deutsche Bank, UBS, and Goldman Sachs; over 80 administrators, leading accountancy practices (incl.