Guernsey Captives – An Attractive Proposition

Originally published in Captive Review, October 2011

Peter Niven, Chief Executive of Guernsey Finance, describes how captive owners continue to view Guernsey as an attractive domicile – providing new evidence to support his claims.

Current and potential captive owners continue to recognise the attractions of Guernsey as a domicile. But how do we know this?

First, independent studies show Guernsey remains the largest captive domicile in Europe and number four globally.

Second, figures from the regulator, the Guernsey Financial Services Commission (GFSC), show how the island continues to attract new business, particularly in terms of additional cell company licences being issued.