Since the first ground breaking deals in 2014,
Guernsey has underlined its position as the go-to jurisdiction for
longevity risk transfers by pension schemes, now having been home
to seven deals in the last five years. Here, Walkers Partner Kate Story discusses the use of
the Guernsey ICC for pensions de-risking.
Having advised on this type of deal since the first deals were
completed in 2014, from both the sponsor side and the pension
trustee's side, in my experience it is the specialist Guernsey
structure, the Incorporated Cell Company, combined with the fact
that Guernsey is the number one captive domicile in Europe, which
is attracting the business to Guernsey.
The longevity problem
