We will be attending.
Steve McElhiney, SVP & Global Director of Reinsurance, will be part of a panel discussion on Monday, March 9.
201: Runoff and Exit Strategies for Captives
Like any insurer, captives make strategic decisions to discontinue use of all or a portion of their lines. One of the main goals of run-off or legacy is strategic portfolio management. There are opportunities for run-off and finality solutions for those captives that no longer fit their original purpose due to mergers, consolidations, etc. Captives could also benefit from considering exit solutions for emerging risks. There are varying options to companies and captive managers that can be financially beneficial as well as ease administrative burdens and free up resources to focus on other business avenues.