Major Swedish Captive Manager Established In Guernsey

International captive and reinsurance management group - SINSER Holding Limited, headquartered in Stockholm, has established a base in Guernsey by taking over Spread Insurance Management Limited from Reads Holdings Limited to create SINSER (Guernsey) Limited.

Steve Butterworth, Director of Insurance, said: "This is a welcome development confirming once again Guernsey's position as Europe's prime captive insurance centre and one of the fastest growing captive locations in the world."

The Chairman of SINSER (Guernsey) Limited is Mats Lindkvist CEO of SINSER Holding. Callum Beaton remains as Managing Director of SINSER (Guernsey) Limited supported by his existing team.

SINSER (Guernsey) Limited acquires a broad portfolio of clients built up directly and through intermediaries since 1992. Mats Lindkvist said: 'SINSER (Guernsey) Limited will not only definitely improve SINSER's presence in the UK marketplace but will also become an interesting alternative for several other