As the firming of the (re)insurance market cycle continues, interest in captives has steadily grown. While capacity is starting to come back into the commercial insurance market, many companies are maintaining their commitment to self-insurance. Here's why.
Driven by tougher renewals, rate increases and capacity withdrawals, insurance buyers have reframed their thinking about the opportunities that captives present as a strategic tool in their risk financing war chest.
Alongside the captive as the core tool for risk management, interest in complementary forms of alternative risk transfer — including parametric and structured product solutions — also shows no sign of diminishing as part of an emerging trend in buying strategies, which is looking further than the traditional market.
Discover why captives and alternative risk transfer solutions are the keys to navigating the evolving (re)insurance landscape by viewing our whitepaper below.