Punching Above our Weight?

Originally published in Captive Review, Guernsey Special Report, 2011

Guernsey has a regulatory framework that operates to international standards, says Diane Colton, Director of Insurance at the Guernsey Financial Services Commission (GFSC).

Good business seeks out well-regulated jurisdictions.

Guernsey has built its reputation on being well regulated and professional, while at the same time being innovative and adaptable. The introduction of the protected cell company concept in 1997 and incorporated cell companies in 2006 reflect this approach.

Guernsey is the largest captive jurisdiction in Europe and the fourth largest worldwide with approximately 685 international insurance entities, of which 345 are insurance companies and 340 are cells.