Latest developments show that organisations from around the
world continue to view Guernsey as an attractive jurisdiction for
domiciling their risk management vehicles, explains Guernsey
Finance's Fiona Le Poidevin.
Guernsey has a long and strong history as a captive domicile
and latest developments show that organisations from around the
world continue to view the Island as an attractive jurisdiction for
domiciling their risk management vehicles. Fiona Le Poidevin
reports.
The Island remains the largest captive domicile in Europe and
number four globally, with figures from the Guernsey Financial
Services Commission (GFSC) showing that there were 737 licensed
international insurers in Guernsey at the end of December 2012.
During the previous 12 months, there had been net growth of 50
international insurers, with 97 additions and 47 surrenders. The
fall in the number of limited companies was more than offset by the
growth of protected cell companies (PCCs),
