According to Aon, Guernsey’s decision not to apply for third party country equivalence under Solvency II is having a positive impact on the island’s status as the leading European destination for captive insurance companies. Delegates at Aon’s Captive and Insurance Master Class heard that the number of insurance licenses issued in 2011 continued to increase as the implications of compliance with Solvency II became better understood by captive managers and owners. READ MORE.
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