Responding to Change

Originally published in Captive Review, Guernsey Special Report, 2011

Dominic Wheatley, chairman of the Guernsey International Insurance Association (GIIA) is certain that the Guernsey captive industry is well equipped to deal with anything that is thrown at it in this uncertain economic climate.

As the cool wind blows in from the sea to shake down the autumn leaves, it signals that the time has come again for the Captive Review Guernsey Special Report. Sitting here in St Peter Port, the harbour offers a tranquil view in the late afternoon sun. This tranquillity is in stark contrast to the pace of change (and corresponding levels of activity) for Guernsey captives and those involved in their management and regulatory super-vision. It has certainly been another satisfactory year for Guernsey's international insurance industry.