Insurance in Guernsey

Bedell Cristin

At Bedell Cristin, Richard Sharp handles a track record of work concerning insurance M&A, insurance risk swaps, reinsurance, insurance-linked securities and catastrophe bonds. Ann Halliday is a new promotion to counsel, and managing associate Lee Osborne contributes BVI and Cayman experience.

Practice head(s):

Richard Sharp

Other key lawyers:

Ann Halliday; Lee Osborne


‘Knowledge and out of the box thinking.’

‘Richard Sharp is always investigating how we can hit the target, even when the target keeps moving.’

Key clients

Artex Risk Solutions (Guernsey) Limited


Aon Insurance Management (Guernsey) Limited

Munich Re

First Central Group Limited

Insurance Corporation of the Channel Islands

Robus Group Limited

Secquaero Re (Guernsey) ICC Limited

Carey Olsen

As part of a broader corporate practice at Carey Olsen, Christopher Anderson's workload includes heavyweight deals across the sector, both in Guernsey and elsewhere. Turning to transactional work in the space, Konrad Friedlaender and Natasha Kapp advise their pensions clients on longevity swaps and transfers of business, as well as handling the Guernsey regulatory elements of cross-border deals and reinsurance structures. Among the senior associates, James Cooke is admitted in the BVI, and Arya Hashemi, who is based in London and works with the Guernsey team, counts insurance M&A as part of his practice.


‘The team has an excellent understanding of the insurance market in Guernsey, in terms of its history, relationship with the regulator and the team are fully engaged with all market developments.’

‘The team at Carey Olsen are very internally coordinated and this enables the service to their clients to be exemplary.’

‘It is a pleasure to work with Konrad Friedlaender – his finger is on the pulse, he is attentive with responses and incredibly flexible in the turnaround of referrals to meet our commercial needs (which are often time sensitive).’

‘We always consult Konrad Friedlander for advice exclusively on insurance matters. This is because we have every confidence in his ability to grasp the situation and our requirements. He has a very relaxing bedside manner and is extremely well respected in the local community. In addition he has a broad knowledge of the field internationally.’

Key clients

MMC Treasury Holdings Limited (Marsh & McLennan)

Sinarmas Land Limited

Prudential Assurance Ltd

Phoenix Life Insurance Ltd


Old Mutual

Aviva Life & Pensions


Euroben Life & Pensions

BT Pension Scheme trustees

Work highlights

  • Advised Marsh & McLennan on the Guernsey elements of its $5.6bn purchase of Jardine Lloyd Thompson Group.
  • Advised BenCo Insurance Holding on its sale of Nordben to Bermudian reinsurer Monument Re.
  • Advised AnaCap Financial Partners on its purchase of SundhedsGruppen, owner of Danish health insurer Dansk Sundhedssikring.


As part of a broader corporate and finance practice at Mourant, Helen Wyatt and John Lewis are active in a number of insurance sector M&A deals and transfers of books of business. Other recent instructions have involved sales of captive insurers, acting as Guernsey experts in foreign insurance disputes, longevity swaps, insurance-linked securities and data protection issues surrounding insurance. In addition to this, litigation partner Gordon Dawes has handled a number of insurance coverage disputes.

Practice head(s):

Helen Wyatt

Other key lawyers:

John Lewis; Gordon Dawes


‘The team at Mourant is incredibly professional, welcoming and down to earth. Judged by the quality of their work, we have moved to Mourant in other jurisdictions where we have again been greeted well and provided with an exceptional level of advice. The team are incredible, patient and a delight to deal with.’

‘Their diligence, attention to detail, combined with sublimely friendly manner put them well above the competition. I cannot recommend this firm highly enough.’

Key clients

Alternative Risk Management

Barbican Reinsurance

Equitable Life Assurance Society

Islands Insurance

Legal & General

NFU Mutual

Prudential Assurance Corporation

ReAssure Limited

Rossborough Insurance Brokers

Rothesay Life

States of Guernsey

Utmost Life and Pensions Limited

Work highlights

  • Advised both The Equitable Life Assurance Society and Utmost Life and Pensions on a transfer of 300,000 policy holders from the former to the latter.
  • Advised Kelvin Re on receiving a £350m capital contribution from a fund controlled by the Abu Dhabi Investment Council.


WALKERS' Kate Storey heads up mandates surrounding insurance M&A, including complex Guernsey regulatory advice, economic substance relating to insurance structures, re-insurance and insurance-linked securities. While by no means its only source of work, the practice has a following among South African insurers.

Practice head(s):

Kate Storey


‘Walkers focus is client understanding and requirements.  They are quick to react to changes in insurance business and practice in this sector and actively consult with insurance bodies in order to be able to provide an excellent service.’

‘Kate Storey is our main contact at Walkers, she has been providing services to our ILS captive. The captive has undergone many changes and nuances and Kate has been at the forefront, guiding us through the legalities and complex situations which she makes easy for all parties to understand.  Kate provides us with up to date and accurate information which is crucial to this business model and has been proactive in providing us with confirmation of changes to consultation etc.’

Key clients

Arch Insurance/Barbican Group


ClaRe PCC Limited

Clare Management Company Limited

Alternative Risk Management

Avantis Limited (formerly Heritage Group)

Krys Global

Work highlights

  • Advised Arch Insurance on its purchase of the Barbican Group.
  • Advised Tysers, which is also known as Integro, on its purchase of Risk Transfer Group.
  • Advises ClaRe PCC Limited, one of three new protected cell companies for insurance linked securities transactions that have been established under Guernsey’s Special Purpose Insurer regime in force from 2017.