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ARTICLE · 08 JULY 2014

Guernsey Wins Award For Insurance Linked Securities

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Guernsey has been named 'best in class' for Insurance Linked Securities (ILS) at the Professional Adviser International Fund and Product Awards 2014.

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Guernsey has been named 'best in class' for Insurance Linked Securities (ILS) at the Professional Adviser International Fund and Product Awards 2014. Now in their 15th year, the awards are run by Professional Adviser, a weekly trade magazine focusing on the issues facing the investment advisory market in the UK. Guernsey Finance - the promotional agency for the Island's finance industry - made a submission for this year's awards.

Fiona Le Poidevin, Chief Executive of Guernsey Finance, said: "I am delighted that Guernsey has been named 'best in class' for ILS. It is an asset class which has gained significant momentum during the last few years and is particularly attractive to investors because returns are uncorrelated with the general financial markets. "

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