Captives - Navigating the hard market
When times - and the market - are hard, a growing number of insurers are turning to captives to ease the pressure. Angus Tucker and David Hertzell examine the pros and cons of this solution in the current climate
Captive insurance companies have been around for many years, dating back to the 1930s. They tended to be a tool for a hard insurance market, although the best time to create a new captive is often in
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