CAUDAL
A Cuban insurance and financial services firm designated on 13 July as a source of regime funding.
Washington added CAUDAL, a Cuban state insurance and financial-services firm, to its Executive Order 14404 sanctions list on 13 July 2026, with no wind-down window granted.
Last refreshed: 17 July 2026 · Appears in 1 active topic
GECOMEX and GEMAR got a wind-down window; why didn't Cuba's state insurer CAUDAL?
Timeline for CAUDAL
Tourism ministry lands in ten-name wave
Cuba DispatchBackground
CAUDAL (Organización Superior de Dirección Empresarial CAUDAL S.A.) underwrites Cuban state insurance and reinsurance business and handles associated financial services, a role that put it, uniquely among the wave's insurers, on Washington's Executive Order 14404 list of 13 July 2026, the largest single-day batch since 18 May and the first to include Cuba's Ministry of Tourism.
Where the trade house GECOMEX and the shipping group GEMAR both received OFAC's same-day FAQ 1262 wind-down accommodation, CAUDAL did not: no equivalent guidance has surfaced for it, so any transaction with the insurer carries immediate sanctions exposure rather than the grace period extended to those two.
CAUDAL's founding date, ownership and leadership are not covered by anything traced here beyond its sector and this designation, and that detail should not be assumed.
What is CAUDAL?
Did CAUDAL get a sanctions wind-down period?
