Dig Deeper
A Guernsey insurance company collapsed, now directors and the auditor face damages claims topping a combined $240m
When GBG Insurance collapsed with a reported $74m. hole in its books it sent ripples around the world.
Suddenly people receiving critical care were left not knowing if their treatment would continue - an emergency hotline was set up but there were no guarantees.
Hundreds of staff lost their jobs, people
Guernsey‘s embrace of digital finance recognises it needs a regime fit for tech entrepreneurs, not just traditional experts
The US is pursuing a sanctioned dark fleet oil tanker, a Guernsey-linked insurance company helped keep it - and many others like it - afloat
An aging fleet of tankers sail around the world, shifting oil and other goods in defiance of international sanctions.
In doing so they help keep revenues flowing for Russia, Iran and Venezuela, using deceptive tactics like manipulating tracking software, frequent name changes, false flags and opaque ownership structures to help
Sanctioned Russian oligarch’s fortune flowed through Guernsey to fund superyachts, an Airbus and prestigious London property - now his daughter fights in court to restore the family's wealth
The States’ digital money pit: a long legacy of broken promises, confusion and poor management that has only just sunk in
