The Guernsey
Financial Services Commission (GFSC) licensed 45 new
international insurers during the first six months of this
year.
This comprised six limited companies, two Protected Cell
Companies (PCCs), 30 PCC cells, one Incorporated Cell Company
(ICC), two ICC cells and four life policy cells.
The figures mean that there were a total of 816 international
insurers licensed in Guernsey at the end of June 2015, made up of
244 limited companies, 67 PCCs, 393 PCC cells, 13 ICCs, 40 ICC
cells and 59 life policy cells. This compares to a total of 797
GFSC-licensed international insurers at the end of December 2014,
signifying a net growth of 19 so far this year.
Dominic Wheatley, Chief Executive of Guernsey Finance, said:
"These figures reinforce the fact that Guernsey is home to a
vibrant international insurance centre and is able to provide
solutions to meet a range of different risk management needs. The
half-year figures are particularly impressive when you
