Growing Role For Captives: Commercial Risk Europe’s Captive Survey 2018

This report examines how captives can take advantage of some of the challenges in the insurance market. Current conditions suggest that captives should be writing more business and taking on more risks.

The online survey that forms part of this year’s report finds that the majority of risk managers and captive owners surveyed by Commercial Risk Europe believe a hard market is on its way, and the vast majority of respondents plan to write more business through their captive in the future. The survey also highlights the fact that risk managers believe it is getting more difficult to justify a captive insurer, and that there is increasing pressure on captives to prove their value.

The report also looks at how and why some captives find themselves with surplus capital, partly as a result of Solvency II. Then there are the emerging risks such as cyber, and risks that offer captives diversification and new opportunities such as employee benefits business. And with the correct reinsurance programme, captives can look to take on more risk and new lines and grow their businesses.

This report examines all of these issues and explains how captives are in a perfect position to respond to these challenges and opportunities.