Attendees at this year's Guernsey Insurance Forum
heard how Guernsey is positioning itself as a 'significant
player' in the international insurance community, reports Becky
Butcher of Captive Insurance Times.
After taking a break from hosting its annual insurance event,
Guernsey Finance came back to the marketplace in style, hosting a
fast-moving and informative event in London. The event, moderated
by ITV presenter Alistair Stewart, consisted of two panel
discussions focusing on the latest market trends, developments and
growth potentials in the captive insurance and captive reinsurance
market in Guernsey.
In his opening speech, Dominic Wheatley, CEO of Guernsey
Finance, spoke of "innovation" and "two new
phenomena" that have started gathering momentum in
Guernsey's captive market. Wheatley revealed the new trends
that come from the roots of the reinsurance market, are
insurance-linked securities (ILS) and collateralised
reinsurance.
