This article was originally published in Worldwide Risk
Solutions, January 2008
Guernsey is a leading international insurance centre with a
reputation for innovation and professionalism in providing a
range of risk management solutions.
The Island plays host to subsidiaries of major companies
such as AIG, Aon, Catlin, Converium, Generali, Heath Lambert,
Hiscox, Jardine Lloyd Thompson, Marsh, Old Mutual, Royal
& SunAlliance and Willis. Independent, boutique
operators such as Heritage Insurance Management and Alternative
Risk Management (ARM) are also present, providing a holistic
environment for insurance solutions.
Guernsey’s international insurance sector
comprises pure captives and commercial insurers using flexible
vehicles such as Protected Cell Companies (PCCs) and
Incorporated Cell Companies (ICCs) to write an extensive range
of different business. This includes a growing life insurance