Gibraltar welcomes one new captive in 2017
Gibraltar licensed one new captive insurer last year, according to figures from the Gibraltar Financial Services Commission.
The commission’s year-end figures also revealed that the new captive was a captive cell.
No captives were closed, meaning as of 31 December 2017 there were 39 actives captives domiciled in Gibraltar.
Of those 39 active captives domiciled in the British territory, four were pure captives and three were protected cell companies comprising 35 captive cells.
