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18th of May 2012

Jersey

Vital statistics:

Cell captive structures licensed in domicile (PCC, ICC, SAC etc):
PCC and ICC
Date cell captive legislation was passed:
1 October 1996
Name of cell captive law:
Insurance Business (Jersey) Law
Total number of cell companies:
8
Total number of individual active cells:
Capitalisation requirements:
GBP100,000
Licensing Fees:
(i) £3,500 if the permit applied for or to be renewed is to be granted to a cell company, (ii) £2,000 if the permit applied for or to be renewed is to be granted to a cell and is to include long-term business of any class, and (iii) £1,000 if the permit applied for or to be renewed is to be granted to a cell and is to include general business of any class.
Regulatory contact name:
David Hart. Deputy Director, Insurance
Regulatory contact details:
Jersey Financial Services Commission, 14 - 18 Castle Street, St Helier, Jersey. JE4 8TP. Tel: +44(0)1534 822000 Email: d.hart@jerseyfsc.org

PCCs in Jersey:

Regency Reinsurance Ltd

Mannequin Insurance (Jersey) ICC

Horizon Transformer Ltd

Harlequin Insurance (Jersey) PCC

G3 Mortgage Reinsurance Ltd

Embedded Value Partners (Jersey) ICC

Eden Transformer Ltd

Catpricorn Ltd

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