Captive insurer numbers set to grow in Europe as more jurisdictions seek to lure companies

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<rdf:Description>
<dc:creator>A.M. Best Company</dc:creator>
<dc:date>2023</dc:date>
<dc:description xml:lang="es">Sumario: Growth within existing jurisdictions, and new domiciles coming online, are expected to drive an increase in European captive numbers in 2023 and beyond. The hard commercial insurance market continues to drive corporates to consider captive insurance opportunities. However outward reinsurance for captives remains restricted by price and capacity. AM Best expects the 2024 renewals to remain challenging. Solvency II amendments, expected yo come into force from January 2026, should lead to a more streamlined, proportionate, and risk-based prudential proccess for European Union-domiciled captive entities. Also, levels of preparedness for IFRS 17 vary among captives, according to AM Best´s observations</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/184384.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:publisher>AM Best Company</dc:publisher>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Seguro de caución</dc:subject>
<dc:subject xml:lang="es">Compañías cautivas</dc:subject>
<dc:subject xml:lang="es">Reaseguro</dc:subject>
<dc:subject xml:lang="es">IFRS 17</dc:subject>
<dc:subject xml:lang="es">Perspectivas del seguro</dc:subject>
<dc:subject xml:lang="es">Evolución del seguro</dc:subject>
<dc:type xml:lang="es">Books</dc:type>
<dc:title xml:lang="es">Captive insurer numbers set to grow in Europe as more jurisdictions seek to lure companies</dc:title>
<dc:format xml:lang="es">10 p.</dc:format>
<dc:coverage xml:lang="es">Ámbito geográfico: Europeo</dc:coverage>
</rdf:Description>
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