Onward and Upward : Trends in Captive Insurance

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<title>Onward and Upward</title>
<subTitle>: Trends in Captive Insurance</subTitle>
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<namePart>McDonald, Caroline</namePart>
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<abstract displayLabel="Summary">In the world of risk management, captive insurers have taken on a major role for companies of all sizes. Their value for insuring difficult-to-place risks and the added control they offer for insurance programs are widely recognized. While formation of captives has traditionally peaked after major events, such as Hurricane Katrina in 2005, their growth has continued during both hard and soft markets. Despite volatility in the financial sector, global economies, and the emergence of new risks, captives continue to thrive, providing affirmation of their efficacy, flexibility and stability, Marsh stated in its benchmarking report The World of Captives: Growth and Opportunities Without Borders. The growth of captives in 2014 was no exception. As the captive market has become more mainstream, differentiating between domiciles is often an exercise in comparing financial data. Nevertheless, some larger trends have emerged that indicate where captives could be headed in the future</abstract>
<note type="statement of responsibility">Caroline McDonald</note>
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<topic>Gerencia de riesgos</topic>
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<title>Risk Management Magazine</title>
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<publisher>New York : Risk and Insurance Management Society, 1982-</publisher>
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<identifier type="issn">0035-5593</identifier>
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<text>27/08/2015 Volumen 62 Número 6 - julio/agosto 2015 , p. 26-30</text>
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