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June 2010

Global Reinsurance Magazine

Captives of industry

These cell walls - Can we rely on the as yet untested protected
cell structure.

The next big thing - Interest in captives in the Middle East is
gathering momentum.

Fear of the unknown - The industry's concerns over what Solvency 
II will mean for captives

Protected cell companies have only been around for a relatively
short time, yet they are now the fastest-growing captive structure
around the world. But just how tried and tested are they?

Since the fi rst protected cell company (PCC) legislation was
introduced in Guernsey in 1997, this captive structure has quickly
grown in popularity, with an estimated 41 domiciles playing host to
cells today.

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