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ARTICLE · 11 FEBRUARY 2015

The (Re)Insurance Future For Guernsey

Guernsey Finance
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Dominic Wheatley (DW), chief executive of Guernsey Finance, spoke to Global Reinsurance on captives and Insurance Linked Securities (ILS).

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Dominic Wheatley (DW), chief executive of Guernsey Finance, spoke to Global Reinsurance on captives and Insurance Linked Securities (ILS).

Q - What are your plans for (re)insurance on Guernsey in 2015?

DW - We are very much looking to support the work the industry does here, in terms of providing them with a really good promotional platform for their sales activities. What we are focused on are the current growth areas, particularly around the ILS space, and promoting Guernsey as a reinsurance centre.

You'll notice that Kelvin Re has become our first rated reinsurer, and that is an important strategic milestone. We are also looking to support our core captive business and make sure we retain our status in the captive fraternity.

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