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ARTICLE · 01 APRIL 2009

Europe’s Number One Domicile

Guernsey Finance
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Originally published in Strategic Risk, Captive Management, A guide to European captive domiciles and company strategies, March 2009

GuernseyInsurance
Richard Le Tocq
Richard Le Tocq
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Originally published in Strategic Risk, Captive Management, A guide to European captive domiciles and company strategies, March 2009

Richard Le Tocq, Chairman of the Guernsey Insurance Companies Management Association (GICMA) and Managing Director of JLT Insurance Solutions (Guernsey) Limited, explains the reasons for Guernsey's success.

The insurance industry in Guernsey has its origins in the 18th century and captive insurance companies have been incorporated in the island since 1922. Guernsey has grown to become one of the world's most popular domiciles for captive business and is home to more captives than any other jurisdiction in Europe.

During the past decade, the island's international insurance industry has seen sustained growth.

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