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ARTICLE · 24 SEPTEMBER 2018

Guernsey Continues To Make Captive Developments In China

Guernsey is continuing to make progress in business connections with the Chinese market.

GuernseyInsurance

Guernsey is continuing to make progress in business connections with the Chinese market.

Guernsey businessman Charles Scott, from Alternative Risk Management, has made significant progress introducing captives to the region over the past couple of years.

Last year he established a joint venture to promote captive structures and management services with Chinese captive group Beijing Airport Captive Management Consulting. Now he is closing in on more deals, having spent two-and-a-half years working with Chinese contacts, making some 15 trips to the region.

"Personally I am very excited about the opportunities in China. Captives are virtually unheard of, virgin territory, and I know of no other domicile marketing captives to China corporates," he said, at an event organised by Guernsey Finance, the promotional agency for the Guernsey finance industry, and held in the island.

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