Pandemic forces rethink of captive role in renewals

There is growing interest in captives in the hard market but the coronavirus pandemic has put a “pause” on 2021 renewal plans, according to one captive manager. Vincent Barrett, Aon’s regional managing director for EMEA and a member of the broker’s captive and insurance management risk committee, told Commercial Risk Europe the Covid-19 pandemic has “collided” with the hardening insurance market,…

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