Captive insurance companies are a critical risk management tool for both groups and individual owners. Captives are estimated to write, one way or another, approximately 25-30% of the commercial insurance market. A recent study by Marsh, entitled ?Next Generation Captives: Optimizing Opportunities,? (see here, here & here) surveyed 900 of the estimated 2,750 captives owned by public companies worldwide. Some key points: Premium written by this group totals $55-60 billion While all of the Dow Jones 30 own captives, middle...
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