Captive insurer numbers set to grow in Europe as more jurisdictions seek to lure companies
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/MARC21/slim http://www.loc.gov/standards/marcxml/schema/MARC21slim.xsd">
<record>
<leader>00000cam a22000004b 4500</leader>
<controlfield tag="001">MAP20230023600</controlfield>
<controlfield tag="003">MAP</controlfield>
<controlfield tag="005">20231214124605.0</controlfield>
<controlfield tag="008">231106s20231106usa|||| ||| ||eng d</controlfield>
<datafield tag="040" ind1=" " ind2=" ">
<subfield code="a">MAP</subfield>
<subfield code="b">spa</subfield>
<subfield code="d">MAP</subfield>
</datafield>
<datafield tag="084" ind1=" " ind2=" ">
<subfield code="a">7</subfield>
</datafield>
<datafield tag="245" ind1="1" ind2="0">
<subfield code="a">Captive insurer numbers set to grow in Europe as more jurisdictions seek to lure companies</subfield>
</datafield>
<datafield tag="260" ind1=" " ind2=" ">
<subfield code="a">Oldwick [etc.]</subfield>
<subfield code="b">AM Best Company</subfield>
<subfield code="c">2023</subfield>
</datafield>
<datafield tag="300" ind1=" " ind2=" ">
<subfield code="a">10 p.</subfield>
</datafield>
<datafield tag="490" ind1="0" ind2=" ">
<subfield code="a">Best´s Market Segment Report</subfield>
</datafield>
<datafield tag="520" ind1=" " ind2=" ">
<subfield code="a">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</subfield>
</datafield>
<datafield tag="522" ind1=" " ind2=" ">
<subfield code="a">Europeo</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20080586294</subfield>
<subfield code="a">Mercado de seguros</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20080582579</subfield>
<subfield code="a">Seguro de caución</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20080584191</subfield>
<subfield code="a">Compañías cautivas</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20080552367</subfield>
<subfield code="a">Reaseguro</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20170005810</subfield>
<subfield code="a">IFRS 17</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20080611880</subfield>
<subfield code="a">Perspectivas del seguro</subfield>
</datafield>
<datafield tag="650" ind1=" " ind2="4">
<subfield code="0">MAPA20080596606</subfield>
<subfield code="a">Evolución del seguro</subfield>
</datafield>
<datafield tag="710" ind1="2" ind2=" ">
<subfield code="0">MAPA20080441371</subfield>
<subfield code="a">A.M. Best Company</subfield>
</datafield>
<datafield tag="856" ind1="0" ind2="0">
<subfield code="y">MÁS INFORMACIÓN</subfield>
<subfield code="u">
mailto:centrodocumentacion@fundacionmapfre.org?subject=Consulta%20de%20una%20publicaci%C3%B3n%20&body=Necesito%20m%C3%A1s%20informaci%C3%B3n%20sobre%20este%20documento%3A%20%0A%0A%5Banote%20aqu%C3%AD%20el%20titulo%20completo%20del%20documento%20del%20que%20desea%20informaci%C3%B3n%20y%20nos%20pondremos%20en%20contacto%20con%20usted%5D%20%0A%0AGracias%20%0A
</subfield>
</datafield>
</record>
</collection>