Europe's captive segment posed for growth amid hardening insurance conditions

<?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">MAP20200038863</controlfield>
    <controlfield tag="003">MAP</controlfield>
    <controlfield tag="005">20201216103156.0</controlfield>
    <controlfield tag="008">190408e20201130usa||||       ||| ||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">Europe's captive segment posed for growth amid hardening insurance conditions</subfield>
      <subfield code="c">A.M. Best Company</subfield>
    </datafield>
    <datafield tag="260" ind1=" " ind2=" ">
      <subfield code="a">New Jersey</subfield>
      <subfield code="b">A.M. Best Company</subfield>
      <subfield code="c">2020</subfield>
    </datafield>
    <datafield tag="300" ind1=" " ind2=" ">
      <subfield code="a">12 p.</subfield>
    </datafield>
    <datafield tag="490" ind1="0" ind2=" ">
      <subfield code="a">Best's Market Segment Report</subfield>
      <subfield code="v">November 30, 2020</subfield>
    </datafield>
    <datafield tag="520" ind1=" " ind2=" ">
      <subfield code="a">Captives are an important risk management tool for their owners, providing them with the flexibility to navigate the insurance and reinsurance underwriting cycle and maintain access to the risk cover they require on an ongoing basis. In the hard phases of the insurance cycle, captives can offer tailored risk solutions to their parents on lines of business where commercial capacity has contracted, or where cover has become too expensive or even unavailable. Captives also provide owners with access to reinsurance market capacity. A capive can be an efficient vehicle to manage the risks groups are willing to retain relative to the price of cover.</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">MAPA20080584191</subfield>
      <subfield code="a">Compañías cautivas</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080553630</subfield>
      <subfield code="a">Coberturas</subfield>
    </datafield>
    <datafield tag="650" ind1=" " ind2="4">
      <subfield code="0">MAPA20080602529</subfield>
      <subfield code="a">Mercado de reaseguros</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">MAPA20080591182</subfield>
      <subfield code="a">Gerencia de riesgos</subfield>
    </datafield>
    <datafield tag="651" ind1=" " ind2="1">
      <subfield code="0">MAPA20080637743</subfield>
      <subfield code="a">Europa</subfield>
    </datafield>
    <datafield tag="710" ind1="2" ind2=" ">
      <subfield code="0">MAPA20080441371</subfield>
      <subfield code="a">A.M. Best Company</subfield>
    </datafield>
    <datafield tag="830" ind1=" " ind2="0">
      <subfield code="0">MAPA20180007804</subfield>
      <subfield code="a">Best's Market Segment Report</subfield>
      <subfield code="v">November 30, 2020</subfield>
    </datafield>
  </record>
</collection>