GUERNSEY 2010CRVital statistics: GUERNSEYNumber of captives: 700 (227 pure, 58 commercial, 64 PCCs, 339 PCC cells (including 78life policy cells), 4 ICCs and 8 ICC cells)Captive premium: US$6.3bnCaptive AUM: Not disclosedCaptive tax rate: 0%Minimum capitalisation and surplus: £100,000 for general business and £250,000 for longtermbusinessLicensing fees: Application fee for a captive, PCC or ICC is £3,900 and for a cell is£1,100. The annual fee for a captive, PCC or ICC is £3,900 and for a cell is £1,280.Relevant legislation/law (date enacted): Not disclosedRegulatory contact: Mike Poulding, deputy director of insurance, <strong>Guernsey</strong> FinancialServices Commission. PO Box 128, La Plaiderie Chambers, La Plaidere, St Peter Port, GY1 3HQCompany listingsAlternative Risk Management2nd Floor, St Andrew’s HouseLe Bordage, St Peter Port<strong>Guernsey</strong> GY1 1BRTel: +44 (0) 1481 714704Fax: +44 (0) 1481 714319Email: info@arm.co.ggwww.arm.co.ggBarclays WealthPO Box 41, Le Marchant HouseLe Truchot, St Peter Port<strong>Guernsey</strong> GY1 3BETel: David Costello+44 (0)1481 755361or Sean Hill+44 (0)1481 755369www.barclayswealth.comCarey OlsenPO Box 98, Carey HouseLes Banques, St Peter Port<strong>Guernsey</strong> GY1 4BZTel: +44 (0) 1481 727272www.careyolsen.com<strong>Guernsey</strong> FinancePO Box 655St Peter Port<strong>Guernsey</strong>GY1 3PNTel: +44 (0) 1481 720071Fax: +44 (0) 1481 720091www.guernseyfinance.com<strong>Guernsey</strong> Financial Services CommissionPO Box 128, La Plaiderie ChambersLa Plaiderie, St Peter Port<strong>Guernsey</strong> GY1 3HQTel: +44 (0) 1481 712706 / 712801Fax: +44 (0) 1481 712010www.gfsc.ggRoyal London Asset Management30 Cornet Street, St. Peter Port<strong>Guernsey</strong> GY1 1LFTel: +44 (0) 1481 711261www.rlam.co.gg18 Captive review www.captivereview.com
SecuritySpecialist Cash and Fixed Interest ManagersCall us on +44 (0) 1481 711261or email info@rlam.co.ggOur locally based managers can deliver individually designedsolutions to your cash and fixed interest investments needswith the backing of the UK’s largest mutual insurer.rlam is a marketing brand used by the investment businesses of the Royal London Mutual Insurance Society Limited, 55 Gracechurch Street, London EC3V 0UF includingRoyal London Asset Management C.I. Limited, 30 Cornet Street, St. Peter Port, <strong>Guernsey</strong> GY1 1LF which is regulated by the <strong>Guernsey</strong> Financial Services Commissionand licensed under The Protection of Investors (Bailiwick of <strong>Guernsey</strong>) Law, 1987.