Guernsey: Reinsurance

The establishment of Zenkyoren RE Ltd., a new Guernsey-based reinsurer by one of Japan's largest co-operative insurance organisations, marks a significant development in global reinsurance strategy. This move demonstrates how sophisticated international insurers are leveraging Guernsey's regulatory framework and structuring capabilities to diversify catastrophe risk exposure and access alternative capital markets.

Manchester once again played host to the BIBA Conference, bringing together brokers, MGAs, insurers and service providers to discuss the issues shaping the market today.

Guernsey Finance serves as a joint government and industry initiative dedicated to promoting and connecting Guernsey as a leading international finance centre. The organization operates from its registered office at Somers House in St Peter Port, facilitating the island's position in global financial markets.

Guernsey insurance captives and Protected Cell Companies (PCCs) continue to offer comprehensive solutions for global companies, being particularly attractive in this hardening market.

Guernsey's position as Europe's leading captive insurance domicile has made the jurisdiction renowned for insurance activity...

In 2022 Guernsey is celebrating its 100th year of captives, having established the first ever captive insurance company in 1922. The Island remains the leading domicile in Europe for captives having maintained an...

Guernsey has agreed to allow insurance-linked securities cells to benefit from rollover provisions, in a move which has been welcomed by the island's thriving ILS sector.

Insurers assume risk under the insurance policies they write in return for the premiums they receive.

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.