Guernsey's ILS numbers reveal a booming market made better
by regulatory innovation. Captive
Insurance Times' Becky Butcher speaks to Guernsey experts
as to why.
There were 14 global insurance-linked securities (ILS)
transactions with $2.76 billion of risk capital issued in
Guernsey's Q1 2017, approximately $1.4 billion above the
10-year average.
The results, which were published ahead of Guernsey's fourth
annual ILS masterclass in Zurich on 6 July, found that the
outstanding market size of $27.19 billion is almost $377 million
higher than at the end of 2016.
At the same time, the number of insurance entities in Guernsey
increased from 804 to 835 during 2016, a year-on-year increase that
has been attributed to growth in the ILS market.
