Just Across The Channel

Originally published in the Global Reinsurance Special Offshore Domiciles Report, June 2009

With its proximity to the European insurance market, Guernsey is positioning itself as an offshore solution for reinsurance and insurance-linked securities, explains Peter Niven

Guernsey offers a favourable environment to conduct reinsurance business. The island's position as a principal international finance centre with a very strong captive insurance sector not only means that such diversification is a natural progression, but it also provides the foundations for a very attractive proposition.

This includes a robust yet pragmatic and flexible approach to regulation and the fact that the island can offer the full complement of services required to undertake even the most complex of transactions.