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Offshore
Jersey
Jersey has a growing reputation as an alternative location that follows international IAIS standards rather than Solvency II. The market has grown by over 30% in recent years due to an 'open for business' approach and the capability to handle both long and short-term risks. The JFSC maintains the discretion to amend capital requirements based on business projections.
Quick Facts
Jurisdiction
Offshore
Legislation
Insurance Business (Jersey) Law 1996
Tax Environment
Solvency margin at 17.5% of net premium for general business
Financial Requirements
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Minimum Requirement | GBP 100,000 (JFSC discretionary) |
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Regulatory Framework
Insurance Business (Jersey) Law 1996
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Tax Environment
Solvency margin at 17.5% of net premium for general business
Considering Jersey for Your Captive?
Our consultants provide end-to-end guidance on domicile selection, feasibility, and formation. Let us help you determine if Jersey is the right fit.