An Attractive International Captive Domicile

Originally published MENA Insurance Review, September 2011.

Peter Niven, Chief Executive of Guernsey Finance, says that captive owners from across the globe continue to view Guernsey as an attractive domicile – and there is new evidence to support the claim.

Guernsey's first captive insurance company was incorporated in 1922. Since then, Guernsey's insurance market has grown to the extent that research from both Business Insurance and Captive Review recognises the Island as the largest captive domicile in Europe and number four globally.

The strength of Guernsey's captive insurance sector is reflected by the fact that approximately 40% of the leading 100 companies on the London Stock Exchange with captives have them domiciled in the Island.