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ARTICLE · 07 MAY 2019

A Guide To Guernsey's New ILS Hybrid Vehicle

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Carey Olsen Partner Christopher Anderson, with the support of the Guernsey Financial Services Commission (GFSC), has created the world's first hybrid vehicle for Insurance Linked Securities (ILS) fund managers.

GuernseyFinance and Banking
Christopher Anderson
Christopher Anderson
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Carey Olsen Partner Christopher Anderson, with the support of the Guernsey Financial Services Commission (GFSC), has created the world's first hybrid vehicle for Insurance Linked Securities (ILS) fund managers.

This briefing looks at the direct implications of this hybrid vehicle for the following areas:

  • ILS fund managers
  • Investor groups
  • Regulation

Get even closer to the risk - Innovation

The Guernsey hybrid is a protected or incorporated cell company which is both a licensed insurance company and a regulated investment fund, bringing a new level of simplicity and efficiency for ILS managers. No other jurisdiction in the world offers such a unique combination.

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