Guernsey is Europe's premier captive insurance jurisdiction. Captive insurance companies have existed in Guernsey since 1922 and there is a long history of excellence and innovation in this field, including the invention of the protected cell company in 1997, a segregated cell structure which has since been exported worldwide and is now used in a wide variety of other industry sectors, notably investment funds. Guernsey is also one of the leading destinations in the world for segregated cell captives and Guernsey practitioners are therefore amongst the most experienced in the use of segregated cell companies for risk management structuring purposes. As the world's insurance and capital markets continue to converge, Guernsey is increasingly a European jurisdiction of choice for transformer vehicles, reinsurance side-car deals and insurance securitisation. Our Guernsey team is amongst the most experienced in the insurance and reinsurance market, advising the regulatory authorities, major corporates and rating agencies, working together with our Jersey colleagues in development of innovative and complex capital market transformer vehicles. |