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MAP20071504369Smith, PaulThe Captives migration / with contributions from Paul Smith, Bill Coffin and Scott BarryAny hard market prompts the formation of captives, and the current insurance industry environment is no exception. In fact, acording to A. M. Best, 2002 was a record year for the formation of new captives, whit over 460 companies created for a total of more than 4500 captives worldwideEn: Risk Management. - New York. - August 2003 ; p. 15-201. Gerencia de riesgos. 2. Evaluación de riesgos. 3. Compañías cautivas. I. Coffin, Bill. II. Barry, Scott. III. Risk and Insurance Management Society. IV. Title.