Guernsey’s Future Is Bright

Originally published in Captive Review, Guernsey Report, 2009-10, October 2009

David Sheil of Alternative Risk Management tells Captive Review how Guernsey is prepared for the aftermath of the global economic crisis and the changes that Solvency II will bring to the industry

As Guernsey continues to establish its position as a leading insurance and captive centre, the residual effects of the economic crisis alongside the potential impact of Solvency II means that captive managers in the jurisdiction must be prepared to adapt to future changes as the insurance industry continues to evolve.

Drawing upon a wealth of experience, David Sheil, operations director at Alternative Risk Management (ARM), speaks to Captive Review about the current state of the Guernsey captive market and describes the opportunities and challenges that the jurisdiction will face going forward.