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Offshore
Guernsey
Guernsey is the largest captive domicile in Europe and a global pioneer that introduced the protected cell company (PCC) concept. Being outside the EU, it maintains a highly effective regulatory environment that is IAIS compliant but not subject to Solvency II. It recently introduced a pre-authorization pilot scheme for insurance cells, allowing creation within 48 hours for urgent business needs.
Quick Facts
Jurisdiction
Offshore
Legislation
Insurance Business (Bailiwick of Guernsey) Law 2002
Tax Environment
Not subject to Solvency II
Financial Requirements
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Standard | Risk-based; 90% confidence level requirement |
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Regulatory Framework
Insurance Business (Bailiwick of Guernsey) Law 2002
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Tax Environment
Not subject to Solvency II
Considering Guernsey for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if Guernsey is the right fit.