Literature
19 Aug 2024

Guernsey: Europe's premier ILS domicile

Discover Guernsey’s leadership in Insurance-Linked Securities (ILS), where innovation, regulatory agility and global connectivity converge to support efficient risk transfer. As Europe’s premier ILS domicile, Guernsey offers a pragmatic regulatory regime that enables fast-track structuring of collateralised reinsurance, catastrophe bonds and rated reinsurance vehicles. 

This piece highlights Guernsey’s pioneering role in ILS innovation, including the use of Protected Cell Companies (PCCs) and Incorporated Cell Companies (ICCs) to deliver cost-effective, flexible solutions. It showcases Guernsey’s global reach, with successful issuances such as the Red Cross volcanic risk parametric bond and Randolph Re’s cat bond, both structured through Guernsey vehicles. 

Guernsey’s ecosystem of insurance managers, legal and professional advisers, and the International Stock Exchange (TISE), together provide a seamless platform for ILS deployment. The jurisdiction’s strategic location, operational efficiency and commitment to sustainability further enhance its appeal. 

With a proven track record and a forward-thinking approach, Guernsey stands out as a trusted hub for ILS innovation, offering investors and sponsors a credible, responsive and globally connected environment for risk financing.