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ARTICLE · 15 DECEMBER 2017

Insurance Linked Securities - 14 December 2017

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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Insurance Linked Securities (ILS) are financial 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
Natasha Kapp
Natasha Kapp
Matthew Brehaut
Matthew Brehaut
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Insurance Linked Securities (ILS) are financial instruments whose value is directly related to insurance risk and whose performance is not correlated with other asset classes. This makes ILS attractive to investors seeking diversification.

Overview

A number of top ILS fund managers structure ILS transactions through Guernsey. This reflects Guernsey's heritage as a premier insurance and reinsurance centre - there are around 800 licensed international insurance companies in Guernsey including some rated reinsurers. However Guernsey's state of the art technology is also crucial. Guernsey introduced bespoke rules for special purpose insurers (SPIs) in 2016 and offers both protected and incorporated cell companies

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