A challenging but incredibly busy year for captives in
Guernsey.
Guernsey largely overcame one massive challenge, in effectively
eradicating Covid-19 from the island within a couple of months of
lockdown, but while we as a global industry still have huge Covid
uncertainty, one thing we can be sure of is that the use of
captives is going to become increasingly sophisticated in the
future.
While a large increase in interest for captive formations in
Guernsey has not yet translated into multiple new structures being
established, we have certainly seen clients with existing captives
ramping up use of their structures, as they consider the
application of optimal risk-financing strategies
