9 February 2015Services

Guernsey to host ILS Insight event

Guernsey is hosting a free to attend thought leadership event at the British Museum in London on Wednesday 18 March.

ILS Insight London will bring together experts from across the ILS space for dialogue and debate surrounding the key industry issues.

An introduction will be provided by Dominic Wheatley, chief executive of Guernsey Finance – the promotional agency for the Island’s finance industry.

The first panel session will focus on structural innovation, with a particular focus on the effects of cross-border regulations and structuring opportunities. Moderated by Kate Storey of Appleby, the panel will consist of Christopher Bell of GBF Legal; Mark Helyar of Bedell Cristin; Nick Bugler of Wilkie Farr & Gallagher; and Caroline Bradley from the Guernsey Financial Services Commission.

The second panel session will look specifically at Guernsey as an ILS jurisdiction and concentrate on the continued growth of collateralised reinsurance, longevity risk and the use of cat bonds. Moderated by Clive James of Kane, the panel will consist of Justin Wallen of Robus; Stewart McLaughlin of Willis; John Rowson of Aon; Matt Wilmington of Aon Hewitt; and David Reeves of Barbican.

Wheatley said: “Guernsey’s track record in both the investment funds and insurance sectors has enabled the Island to become a specialist centre for ILS. Our hybrid proposition allows us to provide protected cell companies and incorporated cell companies for reinsurance vehicles as well as a number of flexible fund structures to facilitate investment in ILS. These factors, combined with our close proximity to London and respected regulatory framework, underpin our position as a leading ILS domicile.

“By hosting this event, we are looking to share our knowledge and explain why the ILS sector continues to grow and evolve from what was regarded as a niche market to one that is a recognised, independent asset class.”