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Legal victory for G4S captive
13 March 2015
Reporter Stephen Durham

Carey Olsen has succeeded in applying to the Royal Court of Guernsey for the restoration of K2 Insurance Limited, a liquidated and dissolved company, enabling the company to subsequently recover a substantial asset...

Guernsey closes 2014 with almost 800 internationals
21 January 2015
Reporter Stephen Durham

The Guernsey Financial Services Commission (GFSC) licensed 85 new international insurers during 2014...

MNOPF passes £1.5 billion of longevity risk
09 January 2015
Reporter Stephen Durham

The Merchant Navy Officers Pension Fund has passed £1.5 billion worth of longevity risk to a reinsurer—a transaction agreed following the launch of its own insurance company...

Heritage buys 40 percent of Aro's shares
03 December 2014
Reporter Stephen Durham

Aro Underwriting Group has completed the sale of 40 percent of its shares to Heritage Group, the Guernsey-based provider of insurance and financial services...

AA+ rating for Guernsey
31 October 2014
Reporter Stephen Durham

The international credit rating agency, Standard & Poor’s, has assigned Guernsey a “AA+” credit rating and has confirmed that the outlook is stable...

Le Poidevin replacement announced
20 October 2014
Reporter Stephen Durham

Guernsey Finance is to appoint Dominic Wheatley as chief executive with effect from 1 December 2014. Wheatley will replace Fiona Le Poidevin, whose resignation was announced in July...

Simply the Best for Willis Guernsey
06 October 2014
Reporter Stephen Durham

Willis Group Holdings has appointed Martin Best as managing director of Willis Management in Guernsey. He will report to Paul Owens, CEO of Willis Global Captive Management...

Prudential seals $16 billion longevity risk transfer
08 August 2014
Reporter Stephen Durham

The Prudential Insurance Company of America recently completed what is believed to be the largest longevity risk transfer transaction to date, having reinsured longevity risk of the BT Pension Scheme (BTPS)...

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