Insurance-linked securities (ILSs) are investment instruments whose value is directly related to insurance risk and whose performance is therefore not correlated with other asset classes. This makes ILSs attractive to many investors. From the insurer’s perspective, ILSs represent a means of accessing greater quantities of affordable risk transfer capacity because they are offered directly to capital markets.
Guernsey is becoming a jurisdiction of choice for establishing investment structures that are exposed to ILSs. As this article shows, this growth in interest in Guernsey is a result of: (1) Guernsey’s status as a domicile of choice for investment funds; (2) the ongoing growth in international insurance entities choosing to domicile in Guernsey; and (3) the ease with which Guernsey vehicles can access capital markets…
Click on the link below to read the rest of the Carey Olsen briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Carey Olsen
News from The Lawyer
Briefings from Carey Olsen
Member states of the EU were due to implement the Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) by 22 July 2013.
A consultation process to update the insolvency laws and practices in Guernsey has been launched by a government department on the island.