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ARTICLE · 12 JANUARY 2011

Guernsey Faces Change

Guernsey continues its position as the leading captive domicile in Europe and number four in the world. Approximately 40% of the leading 100 companies on the London stock exchange with a captive have it in Guernsey.

GuernseyInsurance
Matthew Broomfield
Matthew Broomfield
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Originally published in Captive Review, Guernsey Special Report, 2011

As Guernsey continues its position as the leading European captive domicile, it prepares for change and the opportunities it could bring reports Matthew Broomfield of Captive Review.

Guernsey continues its position as the leading captive domicile in Europe and number four in the world. Approximately 40% of the leading 100 companies on the London stock exchange with a captive have it in Guernsey. In the first three quarters of 2010, 34 new captives were licensed (including cells) and 27 licences surrendered, giving a net gain of 7 licensees and bringing the total of captives and cells under management to 685.

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