Network with Captive Review on LinkedIn

Follow Captive Review on Twitter

RSS

18th of May 2012

Guernsey

Vital statistics:

Cell captive structures licensed in domicile (PCC, ICC, SAC etc):
Protected Cell Company (“PCC”) & Incorporated Cell Company (“ICC”)
Date cell captive legislation was passed:
PCC Ordinance 1997 & ICC Ordinance 2006
Name of cell captive law:
The above ordinances have since been incorporated into “The Companies (Guernsey) Law, 2008” parts XXVII and XXVIII
Total number of cell companies:
72 PCCs & ICCs
Total number of individual active cells:
344 PCC & ICC Cells
Capitalisation requirements:
PCC, ICC & ICC cells - minimum capital £100,000 for general business or £250,000 for life business. Capital for PCC cells is assessed on an individual basis based on risk.
Licensing Fees:
PCC & ICC £3,900 Application fee & £3,900 Annual fee, PCC & ICC Cells £1,100 Application fee & £1,280 Annual fee
Tax regime for cell companies/cells:
0%
Regulatory contact name:
Mrs Diane Colton, Director of Insurance
Regulatory contact details:
Tel: 01481 712706 / Fax 01481 712010 / NDegnen@gfsc.gg / P.O.Box 128, La Plaiderie Chambers, La Plaiderie, St Peter Port, Guernsey, GY1 3HQ

PCCs in Guernsey:

Windward Insurance PCC Ltd

White Rock Insurance Company PCC Ltd

White Rock Insurance (Guernsey) ICC Ltd

Vulcan Insurance PCC Ltd

Universal Insurances PCC Ltd

Ufford Insurance PCC Ltd

Treasure Re PCC Ltd

The Tepco Reinsurance Company PCC Ltd

Terrace Insurances PCC Ltd

Special Risks Solutions PCC Ltd

Sixt Insurance Services PCC Ltd

Sitex Insurance PCC Ltd

SDH Ins Co (PCC) Ltd

SCOR PCC Ltd

Queen Street Mutual Company PCC Ltd

Qinetiq Insurance PCC Ltd

Polygon Insurance PCC (Guernsey) Ltd

Portway Insurance PCC Ltd

Peterborough Insurance PCC Ltd

Morar Insurance ICC Ltd

Momentum International Insurance PCC Ltd

Mannequin Insurance PCC Ltd

Manzillo Insurance (PCC) Ltd

Managed Risk Insurance PCC Ltd

Mallory Insurance Services PCC Ltd

Lombard International PCC Ltd

Lincolnshire Ins Co PCC Ltd

La Coupe Insurance PCC Ltd

Kynance Insurance PCC Ltd

Jancap Insurance PCC Ltd

Isosceles PCC Ltd

International Investments and Annuities PCC Ltd

Inno Cap Insurance PCC Ltd

Infront Insurance PCC Ltd

Icecap Insurance PCC Ltd

HSBC Insurance PCC Ltd

HBOS Insurance (PCC) Guernsey Ltd

Hector Insurance PCC Ltd

Harlequin Insurance PCC Ltd

Hannover Re (Guernsey) PCC Ltd

Hampden Insurance PCC (Guernsey) Ltd

Gulf Insurance PCC Ltd

FSS Insurance ICC Ltd

Friary Court Insurance PCC Ltd

Flightcrew Risk Solutions PCC Ltd

Financial Insurance Guernsey PCC Ltd

Falcon Insurance PCC Ltd

Fiable Insurance PCC Ltd

Evolution Re ICC Ltd

European Credit and Guarantee Insurance PCC Ltd

eaga PCC Ltd Insurance Licence

Drummonds Insurance PCC Ltd

Continuum Ins Co PCC Ltd

Consolidated Provident Insurance PCC Ltd

Congressional Reinsurance Company (PCC) Ltd

Close International Insurance PCC Ltd

CMP Insurance PCC Ltd

City & Commercial Ins Co PCC Ltd

Channel Life PCC Ltd

Carfax Personal Lines Insurance PCC Ltd

Butterfield Insurance (Guernsey) PCC Ltd

Berkeley Berry Birch Insurance PCC Ltd

Belgrave Insurance PCC Ltd

Barclays Insurance Guernsey PCC Ltd

Bailiwick Insurance PCC Ltd

Avian International Insurance PCC Ltd

Amey Ins Co PCC Ltd

Alsecure US Life Insurance PCC Ltd

Alsecure Insurance PCC Ltd

Alsecure Life Insurance PCC Ltd

AIG Insurance (Guernsey) PCC Ltd

ABTA Insurance PCC Ltd