BDO reinforced Guernsey's standing in captive insurance and insurance-linked securities with the Accounting Specialist award at Captive Review's European & UK Captive Awards 2018.

Judges said that they were impressed with BDO's "significant Guernsey operation and market share" and strong commitment to the insurance industry in the island.

BDO Audit Director Nathan Hodder said: "We're pleased that the expert judges have recognised our team's dedication to the sector. Our team puts a lot of effort into remaining at the forefront of developments in the industry and gaining a deep understanding of what makes insurance clients different so that we can offer them the best possible service."

The firm's insurance team has developed and coded a bespoke audit model for ILS structures, designed specific audit tests to address the regulatory requirements of solvency rules in Guernsey, and works closely with insurance managers through the audit process.

At the same ceremony Guernsey won the award for Non-EU Domicile.

For more information about Guernsey's finance industry please visit www.weareguernsey.com.

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