Captive use expanding to Asia and Latin America, says Swiss Re Institute

As rate hardening and Covid-19 disruption affect commercial insurance, companies are increasingly using captive insurance to self-insure their risks, and their use is expanding to Asia and Latin America, according to the latest Economic Insight from Swiss Re Institute. The insight, Hard market solutions: captive insurance thrives in tough times, notes that captives are also expanding to mid-sized companies, “for…

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