Captive audience
Competition for the captive-domicile market is hotting up as more and more regions vie for the top positions held by Bermuda and the Cayman Islands. But while the palm-fringed offshores still hold their sway, newer rivals are learning the lessons that may make them the captive destination of choice. Mairi MacDonald reports
The explosion in the number of states passing captive-insurance legislation in recent years has led to an unexpected situation in which analysts are declaring that the market is reaching full capacity
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