Originally published 17 March 2009
Retains its position as No. 1 in Europe
Guernsey has become the world's fourth largest captive
domicile, according to trade publication Business
Insurance (9 March 2009).
The research also shows that the Island still plays host to more
captives than any other jurisdiction in Europe.
"This is obviously very good news," said Peter Niven,
Chief Executive of Guernsey Finance – the promotional
agency for the Island's finance industry.
"Guernsey has a long and proud history as a captive
domicile. We have been the pre-eminent jurisdiction in Europe for a
good number of years now and it is great to comfortably retain that
position. The Island has also been recognised for some time as a
world-leader so it is extremely pleasing to move into fourth place
based on numbers of captives.
