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Isle Of Man

Research And Markets: The Isle of Man Is The Largest Offshore Life Market Among A Sample Of Five Offshore Life And Non-Life Insurance Locations, It Held

DUBLIN, Ireland -- Offshore Insurance Markets Examines Offshore Life and Non-Life Insurance in Five Offshore Locations: Isle of Man, Guernsey, Jersey, Dublin IFSC And Luxembourg. It Sizes the Markets from 1998-2001 and Segments Each Market into Life and Non-Life Premiums. It Examines the Drivers of Market Development, the Tax and Regulatory Environment, and the Structure of Competition.

Research and Markets (http://www.researchandmarkets.com/reports/c9640) has announced the addition of Offshore Insurance Markets to their offering

The Scope of this report:

--Examines offshore life and non-life insurance in five offshore locations: Isle of Man, Guernsey, Jersey, Dublin IFSC and Luxembourg.

--Sizes the markets from 1998-2001 and segments each market into life and non-life premiums. Examines the drivers of market development.

--Outlines the tax and regulatory environment, and any recent developments.

--Examines the structure of competition both in terms of options for company formation and the insurers' countries of origin.

Research and analysis highlights of this report:

--The Isle of Man is the largest offshore life market among the countries under study, holding 34% of premiums in 2001. And while growth in that market has not been the highest, it did manage to grow by over 30% in both 1999 and 2000, only slowing significantly to 6.5% in 2001.

--In contrast to its small life business, Guernsey's offshore non-life market is the largest among the countries under study. The success of this market in terms of size is bolstered by the fact that it has consistently grown by 18% or more each year even when all the other offshore non-life markets slowed or even declined in 2001.

--The introduction of Protected Cell Company (PCC) legislation in Guernsey has resulted in a "rent-a-captive" business, and appeals to international groups with numerous autonomous subsidiaries and insurers that want to separate the life funds relating to different policyholders into separate cells, or classes, within a PCC.

The Key reasons to read this report:

--Use our market size to establish your own market share within each of five offshore jurisdictions.

--Use our competitive structure data to see which European countries hold most of your competition.

--See what the future holds for offshore insurance using our Recent Developments analysis.

The Contents of this report are as follows:

OFFSHORE INSURANCE

Introduction

The offshore markets

--Why offshore insurance?

Guernsey

--Market position

--Regulatory and tax environment

--Competitive structure

--Recent developments

Jersey

Isle of Man

Dublin IFSC

Luxembourg

Comparative market development

--Offshore life insurance

--Offshore non-life insurance

Conclusion

Data

APPENDIX

Further reading

--Reports

--Global Wealth Service Briefs

--Global Wealth Service Profiles

Do you need further information?

--Financial services consulting

--SPP writing team

DATASETS

For more information visit http://www.researchandmarkets.com/reports/c9640

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