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ARTICLE · 05 AUGUST 2014

Insurance Linked Securities

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Insurance Linked Securities are investment instruments whose value is directly related to insurance risk and whose performance is not correlated with other asset classes.

GuernseyInsurance
Christopher Anderson
Christopher Anderson
Konrad Friedlaender
Konrad Friedlaender
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Insurance Linked Securities ("ILS") are investment instruments whose value is directly related to insurance risk and whose performance is therefore not correlated with other asset classes. This makes ILS attractive to many investors. From the insurer's perspective ILS represent a means of accessing greater quantities of affordable risk transfer capacity because they are offered directly to capital markets.

Guernsey is becoming a jurisdiction of choice for establishing investment structures that are exposed to ILS. As this article shows, this growth in interest in Guernsey is a result of:

  1. Guernsey's status as a domicile of choice for investment funds
  2. The on-going growth in international insurance entities choosing to domicile in Guernsey

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