Guernsey Captives

Since the first captive insurance company in Guernsey was formed in 1922 the Island has grown to become Europe's leading captive insurance domicile, with more than 600 captive entities and amongst the top four in the world in terms of premium written, which stands at in excess of $6.8bn.

In Guernsey, licensed entities can be structured as pure, broad or commercial captives and may be formed within a Protected Cell Company (PCC) or as a cell within an Incorporated Cell Company (ICC).

Last year (2007) marked the tenth anniversary of when Guernsey introduced the PCC concept to the world. It was pioneered in response to the needs of the Island's pre-eminent captive insurance industry. At the end of that year (1997) its international insurance sector boasted 6 PCCs and 14 cells but by the close of 2007 this had risen to 69 PCCs and 257 cells. During that period Guernsey also introduced the