Guernsey
Profit, breakeven or loss making – The varying captive strategies
When it comes to generating surplus, captive owners operate differing strategies, with some insureds intent on posting a large profit, while others utilise the captive primarily to reduce premium spend and remain content to simply breakeven.
Jaguar Land Rover launches Guernsey captive for motor policies
Jaguar Land Rover formed a pure captive in Guernsey last year, and has begun reinsuring customer motor policies in the United Kingdom.
John Rowson joins ARM Guernsey as new business director
Experienced insurance manager John Rowson has joined Alternative Risk Management as new business director.
Aon and EBRD launch €110m fund for Ukraine using Guernsey White Rock facility
Aon and the European Bank for Reconstruction and Development (EBRD) have launched a €110m (£90.7m) guarantee scheme to provide reinsurance capacity for war-related risks in Ukraine.
Guernsey cell facilitates £450m Merchant Navy longevity swap
The Trustee of the Merchant Navy Ratings Pension Fund (MNRPF) has used a Guernsey incorporated cell to facilitate a deal with MetLife concerning longevity risk in relation £450m of pensioner and dependant liabilities.
Warranty Solutions Group forms Guernsey insurer
Warranty Solutions Group (WSG) has formed a new Guernsey-domiciled insurer, WSG Guardian Insurance Ltd.
Mark Owen takes on Artex Guernsey leadership role
Mark Owen is now managing director of Artex’s Guernsey office, having relocated to the jurisdiction last month after more than eight years in Bermuda.
Jeometri pursues “ambitious growth plans” after Alpha Growth acquisition
Financial services company Alpha Growth PLC’s recent acquisition of Guernsey-based Jeometri Insurance Managers will provide the captive manager with “numerous opportunities” going forward, according to Darren Wadley, founder and executive director at Jeometri.
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LATEST PODCASTS
GCP Short: Building a RRG for self-defense legal representation
Richard is joined by Marc Victor and Anne Marie Towle to discuss the Risk Retention Group formed by the Attorneys on Retainer Association.
GCP #121: RIMS president Kristen Peed, L&C’s perspective on Trump’s tariff impacts
Richard is joined by Kristen Peed, RIMS president for 2025, to discuss what to expect at RISKWORLD in Chiago, and there is an investment update from London & Capital.
GCP Short: Beginning the LAUSD captive journey
Richard is joined by Melissa Hollingsworth, Deputy Chief Risk Officer at the Los Angeles Unified School District, who will explain why LAUSD recently formed a pure captive and how they look to expand it in the coming years.