Guernsey's capabilities as a
(re)insurance domicile have been highlighted during two recent
conferences in London.
The Guernsey Insurance Forum 2008
was held on Wednesday 12 November and this was preceded by a
seminar on Tuesday 11 November entitled 'Destination
Reinsurance: Guernsey – an alternative to
Bermuda?'
Peter Niven, Chief Executive of
Guernsey Finance, said: "This has been a very good week for
Guernsey's international insurance industry. We have seen from
both these events that Guernsey's insurance sector is still
buoyant and in good shape. The continued strength of the
Island's capabilities has been reaffirmed by captive managers
and we are stepping up our expansion as a reinsurance domicile,
particularly in light of the new regulations which were approved
last week."
